Using retail areas as more than just places for stores in order to draw in more consumers has long been a strong initiative from Shaftesbury. And a particular focus has been music links when it comes to Carnaby Street.
Hammerson’s UK and Ireland managing director Mark Bourgeois is preparing to leave as the heavily-indebted commercial property giant plans to cut up to 40 head office jobs in order to reduce costs, a report claims.
So what is the future of physical stores’ success in the fast-changing digitalised UK retail landscape? Having the technology to capture customer preferences and behaviours in-store, claims a report by Mercaux.
The signs are looking good. UK retail footfall “surprisingly" continued to strengthen in September, boosted by a slow return to office working together with the beginnings of the return of overseas tourists.
The increasing move towards turnover-based commercial property leases for retail has hit a stumbling block — trust. That's despite this form of leasing being seen as better suited to the operational needs of retailers.
Amazon has opened its first UK non-food store with a debut at Bluewater in Kent. Although not selling fashion for now, it’s a strong signal of the retailer’s ambitions in physical retail for multiple product categories.
The French luxury label is moving into the sports market in partnership with Italian gym equipment specialist Technogym, personalizing a selection of accessories as part of a limited-edition collection.
Diamanti Per Tutti (DPT) wants to push deeper into the global travel retail sector. So the contemporary Belgian jeweller has appointed strategic retail consultancy Harper Dennis Hobbs (HDH) to assist in its journey.
The Hut Group shares continued to fall on Tuesday morning after a period of decline that had already seen the firm losing a quarter of its market value in just two weeks by Monday’s stock exchange closing bell.
UK grocery and general merchandise retailer Morrisons is being acquired by the group that made a rebuffed bid for it earlier this year, with American group Clayton, Dubilier & Rice winning the auction at the weekend.