Sheffield
This coverage reports on retail developments, trends, and business activity in Sheffield, providing insights into store openings and closures, regeneration projects, investment in shopping districts, and the performance of national and independent retailers in the area. Tailored for professionals assessing regional retail opportunities, property strategies, and high street resilience within a key UK city.
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Nov- 2020 -18 NovemberCoronavirus
Asda gears up for ‘record Christmas’ as Q3 sales rise 2.7%
Asda has revealed it is gearing up for a “record Christmas” after it revealed its like-for-like sales increased by 2.7% YOY. The trading quarter for the three months ending 30 September, which coincided with the end of the first UK-wide lockdown and the re-opening of the hospitality sector, saw growth…
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Oct- 2020 -21 OctoberCoronavirus Featured Content
South Yorkshire to enter Tier three
South Yorkshire will be placed into the ‘very high’ alert level of Covid lockdown measures from Saturday (24 October), according to a statement by Dan Jarvis, Mayor of the Sheffield City Region. Pubs and restaurants must close unless they are serving substantial meals, while mixing with different households is forbidden…
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Sep- 2020 -3 SeptemberEconomy
UK small business sector ‘plagued’ by late payment issues
UK freelancers and small business owners continue to be plagued by the problem of late payment, according to new research by cloud accounting software company Freeagent. Analysis of over two million invoices sent by FreeAgent customers between January 2019 and June 2020 has revealed the “startling impact” of late payment…
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Apr- 2020 -27 AprilCoronavirus
Homebase reopens 20 stores
DIY retailer Homebase has revealed it has reopened 20 of its stores across the UK after it was deemed an essential service. In March, Homebase was classified as an essential retailer by the Government, meaning that its stores could continue trading. However, it said that with the safety of its…
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Jan- 2020 -6 JanuaryEntertainment
HMV to close three stores and warns of more if rent negotiations fail
HMV has confirmed that three of its stores will close this month and has warned that a further 10 could close if rent negotiations with landlords fail to secure improved terms. In a statement released over the weekend the music retailer revealed it will be closing its Bury St Edmunds,…
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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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11 DecemberHigh Street
Co-op to open 30 new stores in lead up to Christmas
The Co-op has announced plans to open 30 new stores in the run-up to Christmas. An investment of more than £25m will see stores open across the UK throughout November and December, including sites at transport hubs, “key” city locations and residential apartments – creating up to 500 jobs. According…
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Nov- 2019 -22 NovemberClothing & Shoes
Skopes receives £6m investment to fund 15-store expansion drive
Leeds-based menswear retailer, Skopes, is set to “significantly expand” its national high street presence with 15 new stores, after securing a £6m funding package. The brand, which celebrated its 70th anniversary last year, plans to open the 15 stores across the UK over the next two to three years. The…
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Sep- 2019 -27 SeptemberHigh Street
British Land drops Monsoon CVA challenge
British Land has dropped its legal challenge against Monsoon Accessorize’s CVA plans. According to Sky News, The property investment firm, which owns Sheffield’s Meadowhall, has agreed to abandon its bid to to block Monsoon’s restructuring plans. The news now allows Monsoon to cut rents by between 25% and 65% across…
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6 SeptemberClothing & Shoes
Monsoon in legal battle with British Land over CVA plans
Monsoon is facing a legal battle with FTSE 100 property company British Land over its CVA plans. According to Sky News, the owner of Meadowhall shopping centre in Sheffield filed a challenge to block Monsoon’s restructuring plans which will see rents cut by between 25% and 65% across just over…
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