All Shopping centres articles – Page 9
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NewsLandlords bank on retail recovery despite falling rent collections
In separate updates today, institutional landlords Hammerson and British Land have outlined hopes for a retail recovery despite struggling to recoup rents for the most recent quarter.
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AnalysisAnalysis: As Intu collapses, is the shopping mall dead?
As shopping centre giant Intu plunges into administration, Retail Week asks whether the mall is dead?
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NewsIntu slumps into administration but confirms centres will stay open
After long-running talks with creditors failed last night, Intu has finally slipped into administration but confirmed its shopping centres would continue to trade for the time being.
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NewsIntu administration looms as financing talks fail
Embattled retail landlord Intu has said it is ‘likely’ to appoint administrators as negotiations with its lenders stall.
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NewsLandlords brace for worst quarterly rents day
Retail landlords are bracing for what could be the worst quarterly rent day ever, when what is paid could be as little as 10% of what is owed.
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NewsWestfield House of Fraser to become co-working space
The owner of the Westfield London White City shopping centre has set out plans to turn the House of Fraser store there into a co-working space in a bid to create a more mixed-use destination.
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NewsStores to still drive 80% of retail transactions by 2025
Despite the growth in popularity of ecommerce and the effects of the coronavirus lockdown, new research has found that physical stores will still heavily influence retail transactions.
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NewsShops in Scotland to reopen from June 29
High street retailers will be allowed to reopen stores in Scotland from June 29, though the measures announced by the first minister mean shopping centres must remain shut.
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AnalysisJohn Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
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OpinionOpinion: Reopenings reveal a flight to value that retail must embrace
It has become something of a recurring theme during this pandemic, but retailers and their frontline workers did themselves proud again on Monday.
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OpinionOpinion: Reimagining retail for post-pandemic world
Change has been forced upon us – both good and bad – and we have yet to determine how much will stick. Understanding which consumer trends will prevail is critical to future investment decision-making and building competitive advantage.
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NewsIn pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.
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NewsRetail footfall to suffer ‘for some time to come’, BRC warns
Footfall to retail locations will continue to suffer “for some time to come”, the British Retail Consortium (BRC) has warned, despite non-essential shops reopening their doors today.
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OpinionOpinion: Time for a reset of retail rent and rates
In 2015 I closed the last of my stores due to spiralling property costs. There’s not a day since that I haven’t missed them.
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OpinionThe Secret Landlord: Retailers want to have their cake and eat it too
After years in the driving seat, the tide has turned on landlords and retailers have the whip hand. However, occupiers must remember that they need landlords too.
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NewsDebenhams closes more stores after failing to agree terms with Intu
Department store chain Debenhams has confirmed the closure of a further three stores after failing to agree to terms with institutional landlord Intu.
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OpinionThe Secret Retailer: Landlords are living in cloud cuckoo land
The relationship between retailers and landlords is at a critical point.
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NewsRetail footfall starts to rise in May as more essential stores reopen
While still marking an unprecedented low amid the coronavirus pandemic, retail footfall in May improved slightly to a 73.3% decline compared with 80.1% in April.
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NewsGap losses spiral due to effects of coronavirus store closures
Clothing retailer Gap has reported losses of nearly $1bn due to store closures in the US and internationally during the coronavirus pandemic.
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NewsIntu predicts rents to plummet as it eyes non-essential retail reopening
Embattled institutional landlord Intu has told investors it expects the amount it collects from rents and service charges to plummet this year as it unveiled its plans to reopen non-essential retail.