Big appointment for Landsec. The UK commercial property giant has hired Remco Simon to the newly-created role of managing director – Strategy and Capital Markets. Effective immediately, the will report to CEO Mark Allan.
Urban Outfitters Inc. reported on Tuesday double-digit revenue growth for the 2021 holiday season, compared to the same two-month period in 2019, driven by strong growth in the U.S. group's digital channel.
Wilko is to close 15 stores in 2022, it announced on Tuesday. The value-focused general merchandise retailer that also sells beauty products has reviewed its store estate as a result of a number of leases ending.
Consumer spending on essential items grew in December by as much as 13.7% on a two-year basis, but clothing saw slower growth and department stores also lagged compared to supermarkets and discounters.
It will probably go down as one of the capital's most derided attractions. London’s Marble Arch Mound, the £6 million, 72 ft-high hill folly that claimed the job of Westminster council’s deputy leader, closed on Sunday.
City centre retail destinations may not have actually been deserted in the latest week, but with advice to work from home still in force, footfall to those locations was down by a big percentage in the seven days.
London continued to be the shopping capital of Europe in 2021, according to a new report by BNP Paribas Real Estate, with Oxford Street, Regent Street and Covent Garden all scoring highly in terms of visitor numbers.
The owner of Hotter Shoes is gearing up for a transformational year as it changes its name, relists on a new exchange and moves into new categories such as clothing, as well as adding third-party brands.
Selfridges Retail Limited has filed its full accounts for the year to the end of January 2021 and they show the devastation that the pandemic wreaked in what should have been another good year for the company.