Lakeside
This coverage focuses on Lakeside’s significance within the UK retail sector, examining how developments at the shopping centre impact retailers and brands. Reporting includes store openings and closures, tenant changes, refurbishment projects, marketing initiatives, footfall trends, and management updates — all analysed for their implications on retail performance and customer engagement. The content is tailored for retail managers, executives, and professionals overseeing operations in shopping centre environments.
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Sep- 2025 -15 SeptemberShopping Centres
Laura Ashley to return to UK retail with Lakeside flagship
Laura Ashley is set to return to the UK high street with the opening of a 10,000 sq ft flagship store at Lakeside Shopping Centre on 26 September, marking its first physical store launch in five years. The home, fashion and lifestyle brand, founded in London in 1953, has not…
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Apr- 2025 -25 AprilHigh Street
Hobbycraft set to close nine stores
Hobbycraft is set to close nine stores, a move affecting up to 126 jobs, as part of a restructure led by new owners Modella Capital, it confirmed to the BBC. The restructuring will also result in redundancies across its Bournemouth head office and distribution centre in Burton-on-Trent but it has…
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25 AprilHigh Street
TOFS places hundreds of jobs at risk under new revival plans
Nearly 1000 jobs at The Original Factory Shop (TOFS) reportedly could be at risk as the company embarks on a survival plan which hinges on widespread rent cuts, according to Sky News. Modella Capital, the new owner of TOFS, has reportedly drawn up plans to renegotiate rents at 88 of…
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Oct- 2024 -18 OctoberDIY
Hobbycraft profits plummet 80%
Hobbycraft has reported an 80% drop in profits to £393,000, down from £2m the previous year, for the 52 weeks ended 18 February 2024. The art and craft supplier attributed this loss to inflationary pressures and one-off costs that have impacted the retailer’s financial health despite their efforts to drive…
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Sep- 2024 -23 SeptemberShopping Centres
SGS Group refinances four UK shopping centres
SGS Group has officially refinanced four major shopping centres – Lakeside in Essex, Atria in Watford, Victoria Centre in Nottingham and Braehead in Glasgow – following a £445m loan from OakNorth. The four shopping centres, which are spread across 4.6m sq ft, have a catchment population totalling 9.4m and boast…
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18 SeptemberClothing & Shoes
Footasylum profits double to £6m in ‘record’ FY results
Footasylum has reported that its profit before tax more than doubled, rising 112% to £6m during the period ended 27 January 2024, marking another year of record growth. The group also reported record revenues, which increased by 7% to £319.5m, with EBITDA rising 41% to £22.5m and operating profits rising…
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4 SeptemberNews
Today’s news in brief-4/9/24
John Lewis Partnership has submitted an £80m proposal to transform a disused warehouse in Reading into 215 energy-efficient rental homes. The planning application, now with Reading Borough Council, envisions a mix of one, two, and three-bedroom units featuring amenities for fitness, home-working, and socialising, alongside community spaces and public green…
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4 SeptemberShopping Centres
Mango opens new store at Lakeside Shopping Centre
Mango has announced it has opened a new store inside Lakeside Shopping Centre. The new 440 sq metre store embodies Mango’s innovative ‘New Med’ concept, drawing inspiration from Mediterranean design elements that aim to create a “modern and inviting shopping experience”. Sustainability and architectural integration are key to the new…
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May- 2024 -16 MayNews
Today’s news in brief-16/5/24
Natura and Co is considering separating from Avon after experiencing a significant increase in losses during the first quarter. The group’s net loss rose by 43.3% to BRL934.9m (£143.6m), compared to BRL652m (£100m) the previous year, while sales declined by 5.7% to BRL6.1bn (£937m). Avon International’s sales fell by 13.1%…
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16 MayHealth & Beauty
Superdrug to open 25 new stores
Superdrug has announced an investment into its bricks-and-mortar retail footprint, with plans to open 25 new stores in 2024, as it celebrates its 60th year on the British high street. The retailer said it is aiming to continue to “enhance the physical shopping experience for customers with increasing bigger and…
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