retail space news and archive

Most new shopping centres in Russia and Turkey in 2013

A total of 1.8 million square meters of new shopping centre space was accrued in Europe in the first half of 2013. Russia and Turkey were the two countries that accounted for almost half of it according to Cushman & Wakefield’s recent “European Shopping Centre Development” report. The global property consultants blame project delays for the fact...

Design

UK to see downsizing in retail space

Retail research agency Conlumino, in a study commissioned by online marketing company Webloyalty, is predicting retailers are downsizing their store portfolios with nearly 4000 stores expected to be reduced by 2015. With the high operating costs associated with running a fashion store many brands are re-defining their sales strategies, which...