All Shopping centres articles – Page 16
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NewsShopping centre footfall increases for first time in three years
Shopping centre footfall climbed for the first time in almost three years during January as experts hailed “the start on the road to recovery” for the retail destinations.
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NewsBrown Thomas to open new ‘physical and digital’ store in Dublin
Irish luxury retailer Brown Thomas is set to open a flagship store in Dundrum Town Centre, Dublin, which the retailer said will mix “physical and digital” space.
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NewsIntu sells Spanish shopping centre as it battles to balance books
Intu has completed the latest in a string of asset disposals, selling another Spanish shopping centre as it looks to turn around flagging fortunes and fix its balance sheet in the UK.
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AnalysisIs mega mall American Dream a vision of retail’s future or a $5bn nightmare?
Retail Week visited the new American Dream mall in New Jersey and marvelled at the scale and scope of the experiences on offer. But can the gargantuan centre buck the downward trend of shopping centres around the world?
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NewsM&G suspends property fund as Brexit and retail landscape take toll
Property fund M&G has banned all withdrawals, blaming Brexit and the retail downturn for the decision.
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NewsBritish Land retail property portfolio haemorrhages tenth of value
British Land is the latest institutional landlord to suffer as the high street malaise reduced its retail property portfolio values by a tenth.
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NewsLandsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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NewsFootfall declines again as autumn rain keeps shoppers away
The number of people visiting bricks-and-mortar stores across the UK fell again in October, according to the latest footfall figures.
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NewsLandsec pledges to be net zero carbon business by 2030
Landsec has unveiled a new environmental sustainability strategy making it the first major landlord to commit to reducing emissions in line with the target to keep global warming to no more than 1.5°C.
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NewsIntu’s outlook ‘remains confident’ despite market conditions
Shopping centre owner Intu has made progress with the strategy set out in its interim results despite “challenging market conditions”.
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Retail VoiceWhy creating communities around shopping centres is good business
Shopping centres wishing to become retail destinations need to capitalise on surrounding land, says intu
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AnalysisThree retail strategies defining shopping centre success
Bridging the gap between bricks and clicks using customer data insights and new technologies is driving success in shopping centres.
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AnalysisAnalysis: How Westfield is beating the shopping centre downturn
The owner of Westfield London and Stratford reported an increase in sales and footfall over the first nine months of 2019. Retail Week looks at how Westfield is beating the wider shopping centre malaise.
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NewsWestfield owner reports increased footfall and sales
Unibail-Rodamco-Westfield registered increased tenant sales and “strong footfall growth” across all its locations.
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NewsRetail braced for ‘worst Christmas since Woolworths collapsed’
Retail is bracing itself for the toughest Christmas in a decade as Brexit uncertainty, high property taxes and deep discounting grip the market just two weeks into the golden quarter.
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NewsRetailers facing ‘sustained drop in footfall’ as September falls flat
The number of people visiting bricks-and-mortar locations has tumbled 10% over the past seven years, after September suffered a further decline in footfall.
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NewsUpdate: Arndale shopping centre evacuated after multiple stabbings
Manchester’s Arndale shopping centre has been evacuated after three people were stabbed in an attack.
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NewsIkea ramps up property team as it eyes shopping centre acquisitions
Swedish furniture giant Ikea is expanding its UK property team as it seeks to snap up lowly valued shopping centres to accelerate its urban expansion.
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AnalysisAnalysis: Retail rents – how low can you go?
The wave of CVA activity this year has seen retailers begin to demand comparative rent cuts from landlords. Retail Week analyses whether rents will come down across the board.
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NewsIntu circled by buyout firms as it faces £1bn debt crunch
Retail property giant Intu is reportedly being considered for a private equity buyout by Orion Capital Managers.