Capital & Regional news and archive

WorldHost 2020: Capital & Regional, the first UK shopping centre business to give entire guest experience staff Covid-19 training

Capital & Regional, the UK’s leading owner and manager of community shopping centres, has become the first UK shopping centre business to train its entire front line team in a new customer service module from WorldHost, the world-class programme responsible for training staff at the London Olympics in 2012. “Given the current climate, we...

Business

Capital & Regional posts 8.6 percent profit rise

Capital & Regional Plc has announced that the company delivered another strong set of results with adjusted profit, which reflects the underlying performance of the business, rising 8.6 percent to 29.1 million pounds (40.2 million dollars) and like-for-like net rental income was up 1.9 percent. Commenting on the results, Lawrence Hutchings, the...

People

Capital & Regional names new chief executive

Capital & Regional, which owns six shopping centres across the UK, has named Lawrence Hutchings as its new chief executive, replacing Hugh Scott-Barrett, who after nine years in charge has decided to step down from his role. Scott-Barrett will become non-executive chairman following the retirement of John Clare. The changes will become effective...

Retail

Capital and Regional rolls out CollectPlus services

Capital and Regional shopping centres, which includes The Mall Luton and The Mall Blackburn, is rolling out click-and-collect services across its Mall-branded portfolio following a successful trial at The Mall Camberley. The partnership with CollectPlus will allow customers to collect and return online purchases from more than 260 high street...

Design

Shopping centre owner trials Click&Collect+

Capital & Regional, which owns a number of shopping centres, is partnering with CollectPlus, the UK’s largeststore-based parcel delivery and returns service, to trial its Click&Collect+ service in The Mall Camberley and the Kingfisher Shopping Centre, Redditch. The trial will see both shopping centres operating Click&Collect+ hubs enabling...

Design

Shopping centre owner to sell £300m retail park

Capital & Regional, one of Britain’s biggest owners of shopping centres, is preparing to sell its portfolio of retail parks for more than £300m. Capital & Regional, along with its partners, Aviva Investors and Area Property Partners, is planning to sell The Junction, a fund that holds out-of-town shopping parks in places such as Bristol and...

Fashion

Retail exec ousted

The chief executive of Capital & Regional, one of Britain's biggest shopping-centre and retail-park owners, is to be ousted after a boardroom bust-up. Martin Barber, one of the best-known figures in the commercial-property industry, is expected to leave the business soon - an announcement could come in the next few weeks. City sources said the...