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Economy
Hammerson shares rise as plans to sell £1.1bn of retail parks and cut board revealed
Shopping centre and retail park giant, Hammerson, has announced plans to reduce the size of its board and sell off…
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Supermarkets
Tesco to launch new discount chain as job roles advertised
A new discount supermarket chain from Tesco could be launched as early as September with adverts for staff already on…
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Economy
High street struggles drag sterling down to $1.30
The pound has been dragged down to $1.30 by declining high street footfall and the financial woes of a slew…
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High Street
Store closures lead to slump in demand for retail space
New research has found that 70% of chartered surveyors in London saw a notable slump in demand for retail space…
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Shopping Centres
Retail centre ‘to rival Bicester Village’ planned for The O2
Crosstree Retail Estate Partners and AEG Europe have announced a new 85-store retail centre to rival Bicester Village will open…
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Department Stores
Usdaw hits out at M&S for second time after 351 management roles cut
Trade union Usdaw has said that it will continue its campaign to be recognised as a representative for M&S workers…
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People Moves
Asda plunges 261 Enfield warehouse jobs into uncertainty
Asda has announced it has proposed to shutter its Enfield warehouse which would result in cutting 261 roles. The supermarket…
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Department Stores
M&S announces 351 management roles to be slashed
M&S has announced it is to cut 351 management roles, but says they are unrelated to the programme to close…
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Economy
The Works to open 50 stores per year and plans to IPO
Discount retailer The Works has unveiled plans to float on the London Stock Exchange and open 50 new stores each…
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High Street
Build-A-Bear Workshop ‘pay your age’ offer leads to ‘riots’
A ‘pay your age’ offer at Build-A-Bear Workshop has lead to “riots” at stores across the UK and America. The…
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