East of England
This coverage examines retail developments and regeneration efforts across the East of England, encompassing counties such as Essex, Suffolk, Norfolk, and Cambridgeshire. Reporting includes major projects like Chelmsford’s £195m Beaulieu Park station, part of a broader initiative to enhance transport links and stimulate economic growth in the region. Additionally, the content highlights initiatives such as the East of England Co-op’s £4m retail park development in Ipswich and the transformation of a former department store in Colchester into a new restaurant and retail destination. This information is curated for retail professionals assessing market opportunities, urban regeneration impacts, and the evolving retail landscape in the East of England.
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May- 2024 -29 MayNews
Poundland introduces new £3 meal deal
Poundland has today (28 May) launched its brand new £3 meal deal with sandwiches, salads and snacks. The new ranges raise the bar as Poundland introduces new options from high quality companies that already supply other multiple retailers such as M&S. What sets Poundland’s offer apart is that the price…
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Dec- 2023 -7 DecemberNews
Castle Quarter signs first Korean supermarket in Norwich
Castle Quarter, Norwich’s social, leisure and lifestyle destination, is to be the home of Norwich’s first dedicated Korean supermarket, Itaewon, following the arrival of new food retailers at the scheme. Itaewon has taken unit 12 at Castle Quarter, totalling 1,664 sq ft, on a new ten-year lease. Increasing numbers of…
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Jul- 2023 -28 JulyHigh Street
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to 13.9% in Q2 2023, according to the latest figures from the BRC-LDC Vacancy Monitor. The Q2 performance was 0.1 percentage points worse than Q1, however it is 0.1 percentage point…
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20 JulySupply Chain
Amazon announces new £450m delivery centre in Stockton-on-Tees
Amazon has announced plans to open a new £450m fulfilment centre in Stockton-on-Tees, County Durham. The 464,000 sq ft fulfilment centre will launch with up to 1,000 employees when it begins handling customer orders in October 2023, growing to 2,000 people. Recruitment has started for roles from engineers to HR…
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Apr- 2023 -28 AprilProperty
Retailers cautious to invest as retail vacancies plateau
The overall vacancy rate for retail units in the UK remained at 13.8% of Q1 in 2023, the same rate it was at for Q4 2022, according to data from the British Retail Consortium. However, this figure was 0.3 percentage points better when compared with the same period last year.…
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11 AprilNews
Waitrose to launch Gail’s Bakery areas in 64 stores
Supermarket chain Waitrose has recently revealed it will add dedicated Gail’s Bakery areas in 64 of its shops in the South and East of England by May. Waitrose will also be doubling the range of Gail’s sourdough breads and other craft baked goods it stocks, adding new lines from crackers…
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Jan- 2023 -27 JanuaryHigh Street
Store Vacancies fall to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…
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Nov- 2022 -9 NovemberAdvice
How retailers can win customers in a more challenging climate
As we enter this critical period of the year for retailers, they are faced with a series of new challenges dampening consumer confidence. The impact of inflation with consumers facing real term pay cuts, increased energy costs, surging mortgage bills and now the highest interest rate hike in more than…
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Oct- 2022 -28 OctoberHigh Street
Store vacancy rate falls but remains below pre-pandemic levels
In the third quarter of 2022, the overall GB vacancy rate decreased to 13.9%, a 0.1% rise from Q2 and 0.6% better than the same period last year, according to the latest monitor from the BRC and Local Data Company. This was the fourth consecutive quarter of falling vacancy rates.…
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Sep- 2022 -9 SeptemberEconomy
UK workers face £2,000 hit to real wages
UK workers are facing a £2,000 hit to their real wages by the end of 2022 as the UK economy confronts a “highly volatile and uncertain” inflationary outlook, according to the latest PwC Economic Outlook. PwC expects that the UK will likely report growth of between 3.6% in the “mild…
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