The retail revival of London’s West End is gathering pace, major landlord Shaftesbury said on Thursday. Business is bouncing back post-lockdowns with the Carnaby Street owner citing a further reduction in available-to-let vacancies.
We've seen more evidence of how younger consumers have changed their shopping habits since the onset of the pandemic with a report saying that many continue the online behaviour they developed during lockdown.
Small independent brands are clearly important for the future of retail and nowhere more so than in North Tyneside. It’s been enough to warrant a rebrand at the Royal Quays Outlet Centre in North Shields.
Consumer goods mega-giant Unilever had good news Thursday as it beat Q3 growth predictions and kept to its full-year profit margin guidance due to its brand power enabling it to hike prices to cope with rising costs.
Unilever's battle with rising costs will take centre stage at its third-quarter results on Thursday, with investors focused on whether it will cut its profit margin forecast for the second time this year.
Life’s going to get tougher for Hammerson retail tenants still in rent arrears. While the property giant said it has seen a “significant” improvement in collection rates, it now remains “focused on collecting arrears”.
British tennis star Emma Raducanu has deepened her links to luxury giant LVMH and has been signed up as Dior’s newest celebrity ambassador, underlining the A-list status she achieved when she won the US open.
The chances of spotting a former Debenhams store site continue to diminish. And the failed UK group’s former department store at the West Orchards Shopping Centre in Coventry will be next to get a new lease of life.
UK supermarkets giant Asda has this month opened the largest refill store in the country in York. The superstore stocks 100 branded and own-brand products sold in loose and unpackaged format in a huge 18-bay refill zone.
Matalan revenues rose fast in Q2 but could have risen faster if not for supply chain issues. The company is staying cautious as logistics problems frustrate efforts to get the product customers want into its stores.