Metrocentre
This coverage provides in-depth analysis of Metrocentre’s strategic developments within the UK retail sector. Reporting includes new store openings, such as Urban Outfitters’ 8,000 sq ft flagship store in the Upper Mall, and Sephora’s debut in the Lower Platinum Mall. The content also highlights significant refurbishments by longstanding tenants like Boots, Clintons, Kuoni, and Muffin Break, reflecting ongoing investment in the centre. Additionally, the analysis covers Metrocentre’s record-breaking footfall and sales in 2024, with a 10% increase in visitors and a 5.3% rise in sales year-on-year. This information is curated for retail professionals assessing market opportunities, tenant mix evolution, and consumer engagement strategies in large-scale retail environments.
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Jun- 2022 -27 JuneClothing & Shoes
JD Sports opens Gateshead flagship store
JD Sports has opened its latest flagship store at Gateshead’s Metrocentre on 25 June. The store is 18,000 square feet and has over 40 brands, including Nike, Adidas and The North Face, and JD Sports offered shoppers the chance to customise a pair of trainers, purchased in-store, for free at…
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Oct- 2020 -27 OctoberNews
Intu offloads Gateshead Metrocentre to new owner
Sovereign Centros, a real estate operating partner, has taken over the running of the Gateshead Metrocentre from Intu. The site had been Intu’s largest asset before being acquired by Sovereign, who plan to “inject new life” into the centre with a potential £25m future investment. The firm is asset managing…
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Jul- 2020 -13 JulyCoronavirus
Debenhams to reopen all remaining stores in Scotland
Department store Debenhams is to reopen nine stores in Scotland from today (13 July), following the “successful reopening” of its first six stores last week. Stores in Ayr, Dumfries, Dunfermline, Edinburgh, Glasgow and Perth reopened on Monday 29 June. Whereas those in Aberdeen, Dundee, East Kilbride, Falkirk, Inverness, Leith, Livingston,…
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Jun- 2020 -17 JuneClothing & Shoes
Debenhams opens 38 more stores following ‘successful’ Monday reopening
Department store chain Debenhams has announced it will reopen a further 38 stores in England, following the “successful reopening” of 50 of its stores earlier this week. Debenhams revealed that four stores have also reopened in Northern Ireland, whilst the business awaits confirmation from Wales and Scotland as to when…
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9 JuneCoronavirus
Debenhams to close three more stores permanently
Debenhams has confirmed three more of its stores will not reopen once lockdown restrictions are eased next week. It revealed that three of its stores located in Intu shopping centres will close permanently after it failed to agree terms with the shopping centre owner. The stores are located within Intu…
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Dec- 2019 -20 DecemberShopping Centres
Westfield named best shopping centre in the UK
Westfield London and Westfield Stratford has been named the best shopping centres in the UK, for the second year running. According to GlobalData’s Top 50 Shopping Centres Report for 2019, Bluewater in Greenhithe, Kent was ranked in third place, followed by Intu Trafford Centre in Manchester. Intu Lakeside, Sheffield’s Meadowhall…
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Nov- 2019 -29 NovemberShopping Centres
Intu drafts in PwC advisers
Intu properties has appointed PwC advisers to help the restructuring of its balance sheet. According to Sky News, the shopping centre has hired PricewaterhouseCoopers (PwC) to work alongside its existing City advisers. It is understood the appointment has taken place in the last few days ahead of the festive period.…
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Jan- 2019 -23 JanuaryDepartment Stores
Sports Direct saves House of Fraser Intu stores
Four House of Fraser stores in Intu shopping centres have been saved from closure, avoiding the loss of more than 1,000 jobs. The Lakeside, Metrocentre, Norwich, and Nottingham stores were at risk of closing after Sports Direct was unable to reach an agreement with Intu Properties landlords. In November, Sports…
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Nov- 2018 -26 NovemberShopping Centres
Mike Ashley vows to pull 17 stores from Intu Properties
Sports Direct owner Mike Ashley has vowed to close all his stores located in Intu shopping centres following a rent row over four House of Fraser stores. The move will see Ashley shut 17 stores — a mix of Sports Direct, House of Fraser, Flannels, USC and Evans Cycles…
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14 NovemberDepartment Stores
House of Fraser to shutter Intu located stores
House of Fraser has announced “with regret” that House of Fraser is to close a further four stores located in Intu Shopping centres at Lakeside, Metrocentre, Norwich, and Nottingham. House of Fraser said the decision follows “various meetings” with the landlord, Intu Properties, but despite their “best efforts” the companies…
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