Southwark
This coverage explores retail trends and developments in Southwark, with reporting crafted for professionals managing retail operations, property, and strategy in this central London borough. It highlights store openings and closures, property investments, leasing activity, local consumer behaviour, and footfall patterns — offering valuable context on how Southwark’s retail environment influences business decisions and commercial performance.
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Apr- 2024 -15 AprilPeople Moves
Former BHS owner recalled to prison for breach of licence
Dominic Chappell, the former owner of BHS, has been made to return to HMP Guys Marsh in Dorset for breach of his licence conditions, The Times has reported. The news follows his recent release in November 2023, having served half of his six-year sentence for tax evasion. The businessman, who…
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Oct- 2023 -2 OctoberNews
Tesco rolls out protective screens for retail workers
Tesco is introducing new protective screens at hundreds of Express stores and petrol station kiosks in a further bid to protect its colleagues from assault. The supermarket, which has already rolled out body cameras across its stores as part of a range of measures to protect colleagues, is making the…
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Nov- 2021 -2 NovemberProperty
Landsec to acquire U and I Group for £190m
Landsec has reached an agreement to acquire urban regeneration group U and I for a total of £190m, at a price of 149p per share. The retail landlord said the move would combine U and I’s front-end development capabilities, placemaking skills and portfolio of core regeneration projects with Landsec’s “development…
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Nov- 2020 -6 NovemberDepartment Stores
Dominic Chappell jailed for six years for tax evasion
The former owner of BHS, Dominic Chappell, has been jailed for six years for evading paying tax from the deal which saw him acquire the now defunct department store. According to Sky News, Chappell was convicted after he failed to pay £580,000 in tax on the £2.2m income he gained…
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Nov- 2019 -6 NovemberPeople Moves
Former BHS owner banned from being a director for 10 years
Former BHS director Dominic Chappell has been disqualified from running a company for 10 years. Ex-racing driver Chappell purchased BHS from Sir Phillip Green for £1 in 2015, but the chain collapsed in April 2016, resulting in over 10,000 jobs being lost. The Insolvency Service disqualified Chappell for “abusing his…
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Oct- 2019 -7 OctoberHigh Street
Ex-BHS owner Dominic Chappell denies tax fraud
The former owner of BHS Dominic Chappell has denied he avoided paying £500,000 in tax. Chapell pleaded not guilty to three charges of tax evasion at Southwark Crown Court. The charges allege that he failed to register his former finance company Swiss Rock for taxes from the correct date, gave…
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Jul- 2019 -2 JulyHigh Street
Lendlease to launch retail development at Elephant Park
Project management company Lendlease has announced plans for a retail and restaurant development at Elephant Park in south London. The 16 units total 37,000 sq ft and are in two areas, Ash Avenue and New Kent Road and Chatteris Quarter. Ash Avenue will focus mainly on restaurants, backing onto a…
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Jan- 2019 -23 JanuarySupermarkets
Carl Rogberg becomes third ex-Tesco executive cleared of fraud
Former Tesco executive, Carl Rogberg, has been cleared of £250m fraud and false accounting charges, which sent the supermarket into financial crisis. Rogberg, the former finance director at Tesco, was cleared at Southwark Crown Court this morning (23 January) of the charges which wiped £15bn off of Tesco’s share price…
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Dec- 2018 -6 DecemberSupermarkets
Tesco executives acquitted in £250m fraud trial
Chris Bush, former UK managing director, and John Scouler, former UK food commercial director of Tesco have been acquitted of £250m fraud and false accounting charges after a judge ruled there was a lack of evidence. In August 2014, Tesco reported half-year profits of £1.1bn, however weeks later its said…
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May- 2018 -17 MayHigh Street
British Land submits plan for major retail development at Canada Water
Commercial property firm British Land has proposed a masterplan for a 1 million sq ft retail and leisure space at London’s Canada Water area. The submission of the planning application follows four years of close collaboration with Southwark Council and extensive consultation with the local community. Alongside the overall masterplan…
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