London landlord Shaftesbury has delivered an impressive record in terms of attracting a host of new retailers and increasing footfall to its properties. it has signed over 60 new brands since 1 October 2020.
More evidence came through on Tuesday showing that fashion was a key driver of retail spending in the UK last month. Two regular monthly reports (from the BRC and Barclaycard) called out fashion as a star category.
Thriving London Designer Outlet in Wembley Park is securely on the recovery trail as the centre “sees sales approach pre-pandemic levels, having taken on a raft of new brands over the course of the past two years."
Empty clothes rails, beauty and food shelves at Tesco could be a possibility if a strike at the supermarket giant’s warehouses can’t be averted. Over 1,000 distribution staff have voted to strike from December 16.
The Bolingbrook, Illinois-based cosmetics retailer revealed on Thursday that its net sales for the third quarter totaled $2.0 billion, up 28.6% from $1.6 billion in the same period in the previous year.
We may be seeing something of a mini store opening boom at the moment, but huge numbers of stores belonging to failed businesses remain empty and that can be seen clearly from the large number of vacant Arcadia sites.