Belfast
This coverage examines retail growth, regeneration initiatives, and commercial developments in Belfast, a key urban centre in the UK retail landscape. Reporting highlights the revitalisation of Donegall Place, which is nearing full occupancy with new entrants like Victoria’s Secret, and the introduction of the world’s first Primark Home store. Footfall in the city centre has risen by 6.5% year-to-date, with Royal Avenue experiencing a 22% year-on-year increase. Additionally, the £9bn regeneration of Belfast Power Station and the launch of Electric Boulevard are transforming the city’s retail and leisure offerings. These developments provide retail executives, property managers, and professionals with insights into Belfast’s evolving commercial dynamics and opportunities.
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Dec- 2018 -7 DecemberClothing & Shoes
Primark owner warns ‘trading was challenging’ for November
Primark owner, Associated British Foods has warned that trading for November was “challenging” for the clothing retailer. The group’s chairman, Michael McLintock, will say at its AGM today that a “tough retail market” was to blame for a challenging month. Trading was “in line with expectations” for the first eight…
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4 DecemberShopping Centres
Most ‘disability friendly’ shopping centres in Northern Ireland named
New research has found the most “disability friendly” shopping centres in Northern Ireland, with Bloomfield in Bangor coming out on top. The research by lift provider, Olympic Lifts, has looked at the accessibility features of shopping centres across Northern Ireland, and has named 10 centres as the most disability friendly.…
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Jul- 2018 -17 JulyHigh Street
Another 40 Poundworld stores to shutter
The administrators of Poundworld, Deloitte, have announced yet another wave of store closures bringing the total number of shuttered stores to 145 so far. The latest closure of 40 stores will result in redundancies for 531 employees when the properties shut on Tuesday 24 July 2018. The news follows the…
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Apr- 2018 -20 AprilProperty
Furniture shop closing down after rent increases by £100,000
Phillip Logan, owner of furniture store Uno in South Belfast has decided to close his shop after facing a rent increase of £100,000. The premises was originally leased for 10 years but Logan has now opted to exercise a five year break clause. Logan has accredited the rise in rent…
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