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Retail property news covering store lettings, shopping centre and retail park signings, outlet openings and investment in the UK and overseas.

TSB announces plan to close 70 bank branches next year – Find out when...

TSB plans to close 70 bank branches across the UK next year as customers switch to online banking. The business said that it would have...

McArthurGlen reports solid recovery

McArthurGlen Group, today announced that it has seen footfall across its portfolio stabilise, with almost 45M guests visiting the group’s centres globally in the...

Morrisons Daily format extended from 350 to 450 stores within 12 months

McColl's Retail Group has announced that terms have been agreed with Wm Morrison Supermarkets Limited to extend the number of Morrisons Daily conversions from...

Lidl sets target for 1,100 UK stores

Supermarket Lidl has revealed its attempts to dominate large swathes of UK high streets will continue at pace with the creation of 4,000 new...

Retail parks help British Land rebound to profit

British Land has seen its bet on retail parks help drive the company’s recovery as it posted its first interim profit in four years. The...

House of Fraser Oxford Street to close in January

Frasers Group has announced that the House of Fraser store in Oxford Street is to close in January 2022. A spokesperson commented; “It is with...

Cake Box reports sales surge as it plans further store openings

Cream cake retailer Cake Box has reported a surge in sales after pandemic restrictions eased, as it also confirmed plans for a raft of...

Homebase returns to Bradford

The new 34,500 sq. ft store is the one-stop-shop for the products, expertise and inspiration customers need to fix, improve or transform their homes...

West End retail recovery on track with £1.2 billion set to be spent this...

Despite a strong recovery in footfall, West End retailers are facing a challenging festive period due to the continued absence of high spending international...

Ikea buys former Topshop Oxford Street store

Ikea is buying the former Topshop flagship store on London’s Oxford Street for £378 million. Since 2019 Ikea has opened shops in major cities such...

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