Cabot Circus
This coverage examines retail activity and strategy at Cabot Circus, a major shopping centre in Bristol. Reporting highlights store openings and closures, tenant mix changes, property management initiatives, and consumer trends influencing its performance. Insights are tailored for retail professionals assessing opportunities, challenges, and market dynamics in regional shopping destinations.
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Jul- 2024 -3 JulyNews
Today’s news in brief-3/7/24
JD.com is reportedly considering a bid for parcel delivery company Evri, progressing to the second stage of bidding after making a non-binding offer last month. Competing companies include InPost and Cainiao, Alibaba Group’s logistics arm, as well as Apollo Global Management. Evri, formerly Hermes, has been exploring options including a…
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3 JulyDepartment Stores
M&S to open flagship stores in Bath and Bristol
Marks and Spencer has revealed plans to open new flagship stores in Bath and Bristol as it looks to cement its offering around the UK. The move will see it return to Bristol city centre with a brand-new 80,000 sq ft flagship full-line store at Cabot Circus. The store is…
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May- 2024 -2 MayHigh Street
Lounge Underwear PBT falls 33% amid focus on store openings
Lounge Underwear has reported that pre-tax profits dropped 33% to £5.5m during the year ended 30 June 2023, as the retailer focused on expanding its brick and mortar presence. The group’s pre-tax loss comes despite sales increasing 6% to £67.9m, as its active customer base also rose 20% across all…
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May- 2023 -17 MayLuxury Goods
Watches of Switzerland revenues hit £1.5bn in FY23
Watches of Switzerland has revealed that the group’s revenues reached £1.5bn for the year ending 30 April, as its UK and Europe revenue increased by 10% to £890m. This comes as its luxury watch revenue rose 28%, driven by increases in average selling price and volume, while luxury jewellery and…
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Jun- 2019 -7 JuneSupermarkets
Lidl partners with charity-toy vending company
CharityPodz, the company behind the UK’s first charity-toy vending machines, has announced a new partnership with supermarket Lidl after raising over £400,000 for UK charities. The machines have been rolled out in over 500 Lidl stores, with donations going directly to the NSPCC. The vending machines are located in major…
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Apr- 2019 -9 AprilProperty
Bristol’s Galleries shopping centre on market for discount £32m
The Galleries shopping centre has been put on the market at a discount rate of £32m, after being originally purchased for £50m, for its redevelopment potential by current owners InfraRed Capital. According to reports by Drapers, real estate investment firm, LaSalle Investment Management is set to buy the shopping centre.…
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Feb- 2018 -27 FebruaryNews
Hammerson Intu takeover plans still firm
Shopping centre owner Hammerson will continue with its plans to takeover rival Intu for £3.4bn. This was announced as the firm revealed that net rental income increased by 6.9% year-on-year from £346.5m to £370.4m. Hammerson showed its interest in purchasing Intu in December and has announced a new £1.5bn credit…
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