Oxford Street
This coverage focuses on retail developments along Oxford Street, examining store openings and closures, pedestrianisation plans, investment activity, and shopper footfall trends. Reporting highlights how major retailers, landlords, and city planners respond to evolving consumer behaviour and urban regeneration — offering insight for executives, property managers, and professionals navigating strategies in London’s premier shopping corridor. For example, recent analysis shows vacancy rates dropping to 1.35 % amid flagship redevelopments like 340 Oxford Street.
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Sep- 2018 -14 SeptemberDepartment Stores
John Lewis Oxford Street flagship sees business rates rise 57% in a year
John Lewis’ flagship on Oxford Street, London is expected to see its business rates tax rise from £12.68m to £19.91m up 57% compared with last year’s revaluation. According to real estate advisor, Altus Group, the Oxford Street store alone will pay £41.04m in business rates over the four years of…
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4 SeptemberDepartment Stores
John Lewis and Waitrose add ‘& Partners’ to business name in branding shakeup
John Lewis and Waitrose have added ‘& Partners’ to the group’s business names, formally recognising the 83,000 partners who work for the John Lewis Partnership for the first time in the company’s history. According to the groups the change has been designed to highlight its partnership business model and culture…
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Aug- 2018 -28 AugustDepartment Stores
House of Fraser property plans revealed
An announcement is expected to be made later this week concerning the closure of more House of Fraser stores. “Greedy landlords” have been blamed for the impending closures which may result in the loss of hundreds of jobs as “time is running out”. Landlords are reportedly hesitant to agree to…
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21 AugustDepartment Stores
House of Fraser Oxford Street store saved but 627 warehouse jobs still at risk
House of Fraser’s flagship Oxford Street store has been saved from closure by its new owners. The store was due to close in January under the House of Fraser CVA that was announced in June 2018 before the company entered administration. However Mike Ashley’s company Sports Direct agreed to acquire…
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Jul- 2018 -31 JulyAdvice
Redefining the retail experience
For years we have heard stories of the apparent decline of the high street, with the likes of Comet, Maplin and Dixons dropping out of the town centre mix. Meanwhile, online giants like Amazon have proved disrupters in the way we search, experience and purchase goods – questioning whether a…
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11 JulyGovernment
Alternative Oxford Street ‘transformation’ announced
Westminster City Council has announced plans to “transform” – though not necessarily fully pedestrianise – Oxford Street after scrapping the Mayor of London’s plans for the area. The council will have to foot the £727,000 bill for the new development as TfL withdrew its support when the council blocked the…
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Jun- 2018 -25 JuneDepartment Stores
Debenhams partners with local food companies
Department story chain Debenhams has partnered with independent local food companies to offer a variety of food options to customers. The new initiative, which has been tested in the company’s central Manchester, Trafford and Oxford Street stores, has led Debenhams with an 11% uplift in food sales after concessions of…
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22 JuneDepartment Stores
House of Fraser CVA approved by creditors, 31 stores to close
House of Fraser has announced that its Company Voluntary Arrangement (CVA) proposals have been approved by the company’s creditors in a final agreement that will see 31 stores close. The creditors’ meetings were held at 10am today and the company with both CVA proposals were approved. House of Fraser said…
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8 JuneAdvice
Rebranding the high-street – the experience way
“Britain’s ‘doomed’ high street to see 100,000 shops close by 2022 unless action taken now” read one national media headline recently. Another article reported that the number of store openings on Britain’s high streets has fallen to a seven-year low, driven by the growth of online shopping and a shift…
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8 JuneGovernment
Londoners “betrayed” as plans to pedestrianise Oxford Street scrapped
The mayor of London has described the shelving of plans to pedestrianise Oxford Street as a “betrayal of millions of Londoners”. On Thursday 8 June, Westminster City Council decided to shelve the idea to turn the shopping district into a traffic-free zone and take it off the table “for good”.…
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