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​Basingstoke retail park sold for £21m

Mon, 19 Aug 2019 13:27 GMT

Corum Asset Management has bought Gastons Wood Retail Park in Basingstoke from Aberdeen Standard Investments for £20.7m.

ICO investigates Argent’s facial recognition technology at Kings Cross

Fri, 16 Aug 2019 11:23 GMT

Facial recognition technology used at Argent’s Kings Cross development is to be investigated by the Information Commissioner’s Office to ensure it is being used lawfully by the developer.

Performance of retail-focused funds nosedives in first half

Thu, 15 Aug 2019 23:00 GMT

The worst performer was British Land’s Hercules Unit Trust, which delivered a total return of -12.4%

Sports Direct announces closure of eight Jack Wills stores

Thu, 15 Aug 2019 15:16 GMT

Following its acquisition of Jack Wills, Sports Direct has announced the closure of eight of its 98 UK stores.

Bricks-and-mortar stores have ‘halo effect’ on online sales

Thu, 15 Aug 2019 23:00 GMT

Bricks-and-mortar stores are having a ‘halo effect’ on online sales, in some instances more than doubling the online sales achieved in areas lacking a physical store, new research from CACI reveals.

House of Fraser still faces an uncertain future one year on

Thu, 15 Aug 2019 23:00 GMT

Department store retailer’s fortunes remain in the balance 12 months after purchase by Sports Direct

River Island asks landlords for 40% rent cuts

Tue, 13 Aug 2019 16:54 GMT

River Island is asking landlords to slash its store rents by up to 40%, as reported by Property Week’s sister title Drapers.

Ashley demands zero rents on Jack Wills stores

Tue, 13 Aug 2019 10:01 GMT

Mike Ashley’s Sports Direct has asked Jack Wills’ landlords to slash rents to zero across some of the retailer’s worst-performing stores, according to Property Week’s sister title Drapers.

Meadowhall bags four new tenants

Tue, 13 Aug 2019 12:55 GMT

Four new retailers have signed leases at Meadowhall shopping centre in Sheffield after it recorded a 6% increase in footfall since 2018.

Retail giants call on chancellor to reform business rates

Tue, 13 Aug 2019 11:17 GMT

More than 50 retail bosses have written to the chancellor, Sajid Javid, urging him to change tax rules to boost the UK high street.