Derby
This coverage examines retail activity and business trends in Derby, offering insight into store openings and closures, investment in retail spaces, economic factors affecting local trade, and regeneration initiatives shaping the city’s retail environment. Reporting is designed for professionals managing retail operations, property strategy, and commercial decision-making within the region.
-
Nov- 2019 -25 NovemberShopping Centres
Intu sells Sprucefield Retail Park in £40m deal to NewRiver
Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in a £40m deal. The retail park is located in Lisburn, Northern Ireland and comprises of 231,000 sq ft of retail space in five units, and features stores such as Sainsbury’s…
Read More » -
Aug- 2019 -16 AugustHigh Street
Sports Direct shutters eight Jack Wills stores
Sports Direct has announced the closure of eight Jack Wills stores, according to a report by the Financial Times. The affected shops are located in Marlborough, Derby, Reigate, Rock, Tunbridge Wells, Durham, Kingston and St Albans. Sports Direct acquired Jack Wills from administration on 6 August, after administrators KPMG accepted…
Read More » -
Apr- 2019 -18 AprilShopping Centres
Kuwait-based investors acquire 50% stake of Intu Derby
Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the establishment of a 50/50 joint venture for the Intu Derby shopping centre. The real estate investment firm will acquire for cash the 50% interest for consideration which values their share…
Read More » -
17 AprilEconomy
Shopping centre landlords offer free space to retailers
Revo, the organisation that represents the retail community, has launched a new competition to give budding retail entrepreneurs free space in shopping centres and help with marketing. The organisation driving retail placemaking across Britain and Ireland has launched a major new campaign to find the next generation of retail talent…
Read More » -
Jul- 2018 -19 JulyHigh Street
Poundworld distribution centres for the chopping block
The administrators of Poundworld, Deloitte, have announced that the retailer’s distribution centre operations will be closing on Friday 20 July. They also announced the closure of a further 78 stores, which will see 907 employees lose their jobs when the stores shutter on either Thursday 26 July or Sunday 29…
Read More » -
10 JulyHigh Street
Deloitte announces first wave of Poundworld store closures
Deloitte, which is handling the administration of Poundworld, has announced the closure of 25 stores resulting in around 242 staff redundancies. Administrators said the decision will not impact on the potential sale of the remaining business, which will include a significant number of stores, the head office and distribution centre.…
Read More »
