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Retail

URW set to open three new Westfield flagships throughout Europe

Unibail-Rodamco-Westfield (URW) has announced it will be furthering the roll out of its Westfield brand into Spain, Sweden and Poland. In autumn, the retail group will be rebranding three of its centres into Westfield flagship stores, including Parquesur in Madrid, Taby Centrum in Stockholm and Galeria Mokotow in Warsaw. It comes as part of URW’...

20 May 2022

Westfield London’s Future Fashion winners reveal commissioned work in exhibit

London-based retail park Westfield has announced the six winners of its Future Fashion competition through a commissioned showcase at the shopping centre. In collaboration with the Royal College of Art, selected finalists were commissioned 2,000 pounds to complete their work and exhibit it through one of the eight windows along the Silver Walk....

14 Oct 2021

Retail

Intu to pilot seven new technologies during its second start-up accelerator

New technologies that can reduce carbon emissions and deliver shoppers’ bags directly to their cars will be tested by shopping centre owner Intu across its 14 UK locations this month as part of its second start-up accelerator programme. The shopping centre owner has signed up seven start-up companies, selected from 97 applicants, who will be...

28 May 2018

Retail

Intu Watford to undergo makeover ahead of multi-million pound expansion

Shopping centre intu Watford is set to undergo a multi-million pound makeover ahead of the launch of its 180 million pound expansion later this year. Prior to the opening of the 400,000 square foot extension, Intu is set to invest an additional 13 million pounds in updating the shopping centre interior, replacing the flooring, ceilings and...

18 May 2018

Business |UPDATE Featured

Hammerson withdraws ​its ​offer for Intu

London - UK shopping centre giant Hammerson has called off its proposed 3.4 billion pound deal with smaller rival Intu, citing a weak market and a disconnect between share price and the value of its business. In a statement issued this morning, the board of Hammerson noted that it “firmly believed in the strategic rationale of combining Intu’s...

18 Apr 2018

Retail

Intu Watford planned extension hits major milestone

London - Intu Watford 180 million pound extension, set to open in October, has reached a key milestone. Set to add an additional 400,000 square feet of retail and leisure space, the new extension will place Intu Watford alongside Edinburgh and Bristol in CACI's top 20 national retail destinations, making it one of the best places to shop in the...

19 Jan 2018

RetailFeatured

UK shopping centres to open an additional 1.5 million sq ft in 2018

Although the retail sector faces a number of challenges, such as an uncertain consumer backdrop, rising operational costs and the ongoing growth of e-commerce, that has yet to stop UK retailers and property developments from investing in traditional brick and mortar locations as the UK is set to welcome 1.5 million square feet of additional...

18 Jan 2018

RetailFeatured

Plans for 1.4 billion pound redevelopment of Whitgift Centre in Croydon given green light

Plans for the new 1.4 billion pound redevelopment of Whitgift Shopping Centre in Croydon have been given the green light by the local council. The Croydon Partnership, a joint venture between retail developers Westfield and Hammerson have been given planning consent from the London Borough of Croydon to redevelop the former shopping centre into...

15 Nov 2017

Retail |REPORT Featured

Local shopping centres boost regional economic growth

Visitor footfall to shopping centres may be on the decline, but that has not affected the effect that physical shopping destinations have had on regional growth across the nation. In fact, UK shopping and leisure centres, such as intu Trafford Centre, Lakeside and Watford have helped company owner intu group contribute 4.9 billion pounds to...

10 Oct 2017

Retail

Impact of Brexit on the rebound as footfall increases 31 percent year-on-year

The impact of the EU Referendum vote on consumer footfall and shopping centre spend is said to be on the rebound according to the latest figures from CRM platform and mobile loyalty provider Coniq. However, there are a number of areas across the UK which are still struggling with the uncertainty of what effect the Brexit will have. Overall...

7 Jul 2017

Business

Rise in footfall breaks through clouds hanging over UK high streets and retail parks

A slight rise in footfall during the month of May has been hailed a temporary break through the clouds, as visitor numbers increased 0.3 percent year on year last month. High streets and retail parks alike enjoyed a boost in visitor footfall in May, driven by the three day bank holiday weekends, according to the latest data from the...

13 Jun 2016

Retail

Missguided to open debut store at Westfield Stratford

Online retailer Missguided is preparing to open its debut stand alone store at Westfield Stratford City in London. The fashion etailer has it sights set on taking over a 16,000 square foot store on the first floor of the shopping centre from Dutch retailer The Sting, according to Retail Week. Similarly to other online retailers, such as Amazon...

2 May 2016