Top of the class: London retailers post best results in Europe to push Paris into second place November 12, 2018 London’s West End has weathered problems on the high street to keep its position as the top of the European retail league, while seven of the top 10 shopping centres are in the UK. Shoppers spent almost €10.4bn (£9.1bn) on and around Oxford Street, Knightsbridge and Kensington for the year ending November, a 12 per cent [...]
Belfast has big plans to become the home of the Titanic and a top TV shooting location. But will that help the property market? November 2, 2018 A couple of weeks ago, a consortium of hedge funds clubbed together to raise $19.5m to buy bric-a-brac from the bottom of the ocean. At first glance, these 5,500 items bore no relation to each other; a bowler hat, the sleek curves of a bronze angel, a steel door. Their immense value derives solely from [...]
Cath Kidston to review UK store locations in bid for higher footfall September 19, 2018 Fashion retailer Cath Kidston is reviewing the locations of its UK stores as it looks to move to destinations that attract higher footfall. The brand, which has 65 stores across the UK including pop-ups and concessions, is reviewing individual branches as leases come up for renewal at which point it will consider whether to relocate the store to a [...]
Cath Kidston to review UK store locations in bid for higher footfall September 19, 2018 Fashion retailer Cath Kidston is reviewing the locations of its UK stores as it looks to move to destinations that attract higher footfall. The brand, which has 65 stores across the UK including pop-ups and concessions, is reviewing individual branches as leases come up for renewal at which point it will consider whether to relocate the store to a [...]
Game Digital’s revenue slides but esports expansion holds promise August 21, 2018 Video game retailer Game Digital has posted a fall in revenue in its end of year results as it is hit by a tough market for pre-owned games. Revenue for the year to 28 July fell slightly from £782.9m to £780m which the company blamed on "continued challenges in the pre-owned business" which it said [...]
International Beer Day: How to get a free beer in London | City A.M. August 3, 2018 It’s International Beer Day, and just in time for Friday we’ve tracked down the deals you need to know to celebrate in style. Pints on the house There are few things in life better than a free beer, and thanks to Old Blue Last you can end the week on a high with just that. [...]
Wimbledon’s roof and a new City skyscraper boost Severfield’s profit June 20, 2018 Severfield, the UK's largest structural steel group, announced a jump in profit this morning, boosted by major projects for clients including Wimbledon, Tottenham Hotspur FC and a new City skyscraper. The figures In the year to 31 March, underlying pre-tax profit climbed 19 per cent to £23.5m. Revenue was up five per cent to £274.2m. [...]
Making a meal of it: EAT could close portion of 100-strong portfolio as competition bites February 6, 2018 High street sandwich shop EAT has become the latest food chain to consider closing a raft of stores. The 100-strong chain is looking at restructuring ts portfolio, with a possible company voluntary arrangement (CVA) on the table, according to Sky News. It follows the likes of Byron and Jamie’s Italian, which have both been forced [...]
Focus on Leyton & Leytonstone: First time buyers, cafes and coffee shops take over the high streets of E10 and E11 June 13, 2017 First time buyers have a fight on their hands if they’re planning to buy in Leyton. The E10 neighbourhood, along with its E11 sibling Leytonstone, is one of the most sought-after affordable housing hotspots in the capital. The popularity of nearby Stratford has undoubtedly boosted the good fortunes of this area, as the overspill has [...]
Westfield’s profits drop despite shoppers flocking to Westfield London and Stratford City February 23, 2017 Australian shopping mall behemoth Westfield has announced a fall in profits in its full-year results but its London centres attracted more shoppers in 2016. Westfield London and Stratford City generated combined annual sales of around £2.2bn from 75m customer visits, the company said. The shopping centre firm’s net profit for the year stood at $1.3bn (£1.09bn) [...]