All Shopping centres articles – Page 16
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VideoVideo: MLB hits home run with Westfield Stratford pop-up
In a bid to drive footfall and raise the sport’s profile in the UK, Major League Baseball has opened its first semi-permanent pop-up store in Westfield Stratford. Retail Week visits the space, which features retail, food and drink, and leisure offerings under one roof.
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NewsHammerson creates new exec role to drive mixed-use strategy
Institutional landlord Hammerson has created a new executive role to drive forward its City Quarters strategy, which will look to diversify the group’s portfolio away from its reliance on retail.
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NewsSainsbury’s, Frasers and Shoe Zone plead for business rates reform
The bosses of Sainsbury’s, Frasers Group and Shoe Zone have piled further pressure on new Chancellor Rishi Sunak to reform the business rates system.
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NewsWestfield owner ramps up disposals programme as UK income falls
Shopping centre landlord Unibail-Rodamco-Westfield has scaled back its development pipeline and ramped up its disposal programme as net rental income fell across its UK centres last year.
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NewsIntu £1bn deal with Hong Kong-based investor falls through
Embattled institutional landlord Intu has confirmed that discussions over an emergency recapitalisation with a Hong Kong-based investment fund have fallen through.
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NewsShopping centre footfall increases for first time in three years
Shopping centre footfall climbed for the first time in almost three years during January as experts hailed “the start on the road to recovery” for the retail destinations.
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NewsBrown Thomas to open new ‘physical and digital’ store in Dublin
Irish luxury retailer Brown Thomas is set to open a flagship store in Dundrum Town Centre, Dublin, which the retailer said will mix “physical and digital” space.
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NewsIntu sells Spanish shopping centre as it battles to balance books
Intu has completed the latest in a string of asset disposals, selling another Spanish shopping centre as it looks to turn around flagging fortunes and fix its balance sheet in the UK.
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AnalysisIs mega mall American Dream a vision of retail’s future or a $5bn nightmare?
Retail Week visited the new American Dream mall in New Jersey and marvelled at the scale and scope of the experiences on offer. But can the gargantuan centre buck the downward trend of shopping centres around the world?
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NewsM&G suspends property fund as Brexit and retail landscape take toll
Property fund M&G has banned all withdrawals, blaming Brexit and the retail downturn for the decision.
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NewsBritish Land retail property portfolio haemorrhages tenth of value
British Land is the latest institutional landlord to suffer as the high street malaise reduced its retail property portfolio values by a tenth.
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NewsLandsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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NewsFootfall declines again as autumn rain keeps shoppers away
The number of people visiting bricks-and-mortar stores across the UK fell again in October, according to the latest footfall figures.
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NewsLandsec pledges to be net zero carbon business by 2030
Landsec has unveiled a new environmental sustainability strategy making it the first major landlord to commit to reducing emissions in line with the target to keep global warming to no more than 1.5°C.
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NewsIntu’s outlook ‘remains confident’ despite market conditions
Shopping centre owner Intu has made progress with the strategy set out in its interim results despite “challenging market conditions”.
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Retail VoiceWhy creating communities around shopping centres is good business
Shopping centres wishing to become retail destinations need to capitalise on surrounding land, says intu
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AnalysisThree retail strategies defining shopping centre success
Bridging the gap between bricks and clicks using customer data insights and new technologies is driving success in shopping centres.
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AnalysisAnalysis: How Westfield is beating the shopping centre downturn
The owner of Westfield London and Stratford reported an increase in sales and footfall over the first nine months of 2019. Retail Week looks at how Westfield is beating the wider shopping centre malaise.
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NewsWestfield owner reports increased footfall and sales
Unibail-Rodamco-Westfield registered increased tenant sales and “strong footfall growth” across all its locations.
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NewsRetail braced for ‘worst Christmas since Woolworths collapsed’
Retail is bracing itself for the toughest Christmas in a decade as Brexit uncertainty, high property taxes and deep discounting grip the market just two weeks into the golden quarter.