The Government is looking to sell its stake of the King's Cross Central development for the estimated price tag of 500 million pounds. Property agent Savills and investment bank Lazard are selling a 42.5 percent stake on behalf of the government and delivery company DHL, of the 67 acre site found around […]

Spending by Chinese tourists in the UK increased by 45 percent year-on-year in July, following the introduction of relaxed visa regulations. According to figures by Visa Europe, Chinese tourists spent 50 million pounds using Visa across the retail and leisure sectors, overtaking France and Australia […]

As the UK's high streets and shopping centers continue to suffer a lack of footfall, retail parks around the country have reported their largest increase in footfall in over a year last month. Although overall footfall for all three categories declined 1.1 percent year-on-year, out of town retail parks […]

Supermarket giant Tesco has reportedly put a pin in the opening of its debut F&F apparel stores in Russia following political unrest over the Ukrainian crisis and a decline in consumer spending. The British retailer previously revealed plans to open its first F&F stores in Moscow, Russia this June with […]

The pop-up retail sector is growing at 12.3 percent and is currently now worth 2.3 billion pounds to the UK economy, according to ‘Britain’s Pop-Up Retail Economy’, the second annual report into the pop-up sector from Centre for Economics and Business Research (Cebr). The report, commissioned by EE, […]

The Friars Walk shopping centre development in Newport, Wales is now 80 percent let after signing up a number of new signings ahead of its November 12 opening. The shopping centre, owned by Queensberry Real Estate, will be bring more than 390,000 square feet of retail and leisure space to the area, […]

The Irish clothing retailer Primark has announced it is to open its first store in the United States. The shop will open at Downtown Crossing in Boston on September, 10. This would be the first of eight openings planned for the rest of the year alongside the East Coast. Earlier this year, the British […]

International overnight visitors to London has soared this year to around 18.8 million, according to Savills ‘World and London’ report and they have contributed more than 24 billion dollars in retail spend. This rise in spend has helped London attract increasing numbers of international brands to the […]

Transport strikes are a source of aggravation for most London commuters, however the impact they have on businesses are both collosal and damaging. John Lewis today released its weekly sales figures, which dipped 0.6 percent over last year, and cited the tube strike as hanpering its sales. This may […]

Contemporary women's wear label Finery, which launched earlier this year is set to open it's first permanent retail space with London boutique Other/shop. The space, which will officially open on Monday, follows on from the label's successfully pop-up store and will be the brand's only physical point […]

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