TK Maxx has taken a 37,500 sq ft unit at Queensgate shopping centre and is to open a new store in mid 2021, Lendlease and Invesco Real Estate, the global real estate investment manager, have announced.
The full line-up of Christmas trading statements may not yet have been released, but plenty have already come out and it’s clear that Black Friday’s success could have dealt a crushing blow to Christmas trading overall.
John Lewis Partnership has been having a turbulent time of it lately, its previous status as an almost-unstoppable retail powerhouse having been seriously damaged by a string of poor sales and profits results.
John Lewis had a shock announcement on Thursday with news that Paula Nickolds will be leaving the business next month. But less of a surprise was the fact that festive trading figures were down, albeit not by much.