When pure retail just isn’t enough. John Lewis Partnership is branching out into the UK’s growing ‘built-to-rent’ property market, converting parts of its Waitrose supermarket spaces into residential apartments.
Oxford Street’s status as one of London’s (and Britain’s and Europe’s) key shopping attractions could be at risk. The profile of its tenants is changing with 1 million sq ft of former retail space to be lost to offices.
Despite a much-needed boost from Black Friday, November’s retail footfall numbers across the UK fell from October “as consumers continue to hold out for cheaper discounts at the end of December", says Springboard.
The fact that Black Friday weekend was better than predicted means it's easy to overlook exactly how consumers shopped, rather than just how much they spent. But a new report says the period was all about m-commerce.
Camden Market landlord LabTech has announced the launch of a partnership with Good Sixty, the sustainable online marketplace for independent retailers and producers, to create the latter’s first retail-only platform.
When a company’s results statement opens with an upbeat message, what generally follows is news of a business on the rise. And London-centric property giant Shaftesbury is no exception, judging by its year-end results.
Black Friday’s better-than-expected sales boost may have grabbed the headlines in recent days, but overall, the retail outlook has “darkened in November”. That's according to the new CBI distributive trades survey.