All Shopping centres articles – Page 65
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NewsWestfield service charge dispute progressing slower than hoped
A dispute between Westfield and a group of retailers including Debenhams, Marks & Spencer and Boots over service charge levels is ongoing despite indications from the Australian developer that a reduction was imminent.
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NewsWestfield London backs down over service charges
Westfield has backed down over a dispute with tenants over service charges after months of wrangling with retailers at its London shopping centre.The Australian landlord had been battling with retailers including House of Fraser and Debenhams over charges at the centre. Westfield London had charged £14 per sq ft, about ...
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AnalysisSocial Trends: How Britain behaves
Modern Britain is changing, and if retailers are to survive the downturn understanding these evolving social trends could make all the difference.
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NewsThree retailers set to open in Cambridge’s Grand Arcade
Calvin Klein, Kurt Geiger and Jack & Jones are set to open stores in Cambridge for the first time.All three have taken stores at the Grand Arcade shopping centre, which is owned by Grand Arcade Partnership, a joint venture between Grosvenor and Universities Superannuation Scheme.They join brands already trading in ...
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OpinionShopping centre security is a balancing act retailers must get right
The news that the averted Easter bomb plot was targeting shopping centres will have come as a sobering reminder to retailers and landlords about how vulnerable a position they are in.
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AnalysisService charges: Lip service to retailers or a plan of action?
The 10-point plan to reduce service charges announced last week promised action on an issue that has long infuriated retailers. Ben Cooper investigates how it is going to work in practice
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Shopping centre plans for Europe slow down
More than 75 million sq ft of planned shopping centre development space in Europe has been axed or put on hold as a result of the global downturn.According to a report from property agency Cushman & Wakefield, about 107.6 million sq ft of new shopping centre space will open across ...
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Slaters roll-out continues
Menswear retailer Slaters opened its 25th store in Swansea last week and said it believed customer service was key to riding out the downturn.
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OpinionNow we need real action on service charges
It’s not the most glamorous of subjects, but service charge is one of the areas where retailers have been paying through the nose for decades. Finally, it seems, landlords are willing to have a serious conversation about it.Retailers will delight in any plan to save them money in these tight ...
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NewsCardiff's St David's 2 shopping centre adds raft of new retailers
Land Securities and Capital Shopping Centres have added a major wave of retailers to the St David’s 2 shopping centre in Cardiff, taking the scheme to nearly 55 per cent let.
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NewsRetailers and landlords join forces to cut service charges
A consortium of some of the country’s top retailers and landlords has produced guidelines for landlords laying out ways they can cut retailers’ service charge bills by up to 20 per cent.
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Westfield falls short of Next’s expectations
Next chief executive Simon Wolfson said that its Westfield London shop has so far performed below expectations and that the scheme has had less of an impact on its West End shops than it anticipated.Wolfson said Next, which this week reported like-for-like sales down 6.5 per cent in the full ...
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AnalysisQuantity as well as quality
Bath has a strong high-end retail offer but always lacked the larger units demanded by the big high street chains. Ben Cooper finds out how a new centre will provide for the middle market
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Three more retailers on board at St David's 2
Three retailers have signed up for space at St David’s 2 in Cardiff.
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Shopping centre development ailing in most of UK
London and the East Midlands are the only two regions in the country not to have been affected by delays to the shopping centre development pipeline, according to researcher CACI.
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Next refuses to pay all of Westfield's service charges
Fashion retailer Next is refusing to pay part of its service charge at Westfield London after the property developer increased its fees within days of the shopping centre opening.
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Analysis
West London high streets' identity crisis
Kensington High Street and King’s Road are both potentially vulnerable to the Westfield effect, but the new centre isn’t the only thing changing the landscape out west. Ben Cooper reports
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Trinity Walk on hold as bank pulls financing
The Trinity Walk development in Wakefield has ground to a halt after the bank backing the scheme pulled its funding.
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Bury St Edmunds Arc centre opens
Retail-led mixed-use scheme Arc opened its doors at Bury St Edmunds in Suffolk last week.