Store Estate

Sales and footfall up at Westfield’s UK centres

The owner of the Westfield shopping centres, Unibail-Rodamco (URM), has reported a 5.2% increase in tenant sales at its UK…

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M&S to open 60,000 sq ft store in Nottingham near year

Marks and Spencer will open a new 60,000 sq ft store at British Land’s Giltbrook Retail Park, Nottingham, in the…

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Hays Travel to acquire entire Thomas Cook UK retail estate

Independent travel agent chain Hays Travel is to acquire Thomas Cook’s entire UK retail estate, in a move that could…

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Forever 21 files for bankruptcy, plans to axe up to 350 stores

US fashion retailer Forever 21 has filed for Chapter 11 bankruptcy protection and has announced plans to exit international markets…

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Sainsbury’s announces store estate overhaul

Sainsbury’s is to undergo a store estate overhaul which will see it close over 100 stores, while also opening and…

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Next profits boosted by continued online growth in H1

Fashion retailer Next has recorded a 2.7% rise in profits for the 26 weeks to July 2019, aided by a…

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M&S at risk of falling out of FTSE 100

Marks and Spencer could fall out of the FTSE 100 unless it is able to increase its share prices by…

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Clarks seeking rent reductions of up to 30%

Shoe retailer Clarks has revealed it seeking rent reductions of up to 30% following a period of “poor trading”, according…

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M&S announces latest store closure

Marks and Spencer has revealed its latest store set to close under its restructuring plan. As part of its plan…

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The Works FY19 revenues jump 13.2%

Stationery retailer The Works has reported a 13.2% increase in revenues in its preliminary results for the 52 weeks ended…

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