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Lenders Start To Back Retail Repurposing Schemes
News

Lenders Start To Back Retail Repurposing Schemes

There are dozens, maybe hundreds of shopping centres and department stores across the UK that will need to be repurposed and ... & Hobbs building, built in 1910 and one of the first department stores south of the Thames, is slated to be converted into ...

Jul 07, 2021
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Shopping Bags
News

Pent-Up Retail Demand Soared And Then Collapsed As Pandemic Re-Emerged

... Placer.ai's latest store traffic report said large department stores remain destinations for shoppers, but they can only ... coronavirus infections are on the wane.  Three U.S.-based department stores — Macy’s, JCPenney and Dillard's — witnessed substantial ...

Aug 11, 2020
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in-store shopping mall shoppers retail stock image stock photo
News

Retail Is Coming Back Without Having To Make Sweeping Changes

... enough to drive profit explosions for the largest retailers, department stores and sit-down chain restaurants have seen meaningful growth ... employees resigned from retail jobs in April, according to Department of Labor data reported by Modern Retail. Small ...

Jun 23, 2021
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This Week's Philadelphia Deal Sheet
News

This Week's Philadelphia Deal Sheet

... Boyds, the last surviving remnant of the golden age of department stores in Philadelphia, is opening its first permanent suburban location ... Inquirer has operated out of the former Strawbridge & Clothier department store at 801 Market St. since 2012, and it ...

Jun 15, 2022
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Department store Debenhams
News

Mixed-Use Conversion Starts On Former Debenhams in Manchester City Centre

... II-listed building, which previously housed the Debenhams department store, will undergo extensive modernisation. AM alpha ... redevelopment continues the trend of turning city centre department stores into predominantly office-led schemes following the demise ...

Nov 15, 2022
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Dee Corsi New West End Company
News

Incoming West End Chief Calls For Rule Changes To Boost London Retail

... to Sunday trading hours to allow West End and Knightsbridge stores to stay open two hours later than they are allowed ... has suffered from the loss of key retail names and department stores in recent years. “It’s more about the experience, and ...

Dec 09, 2022
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'There Was Never A Recession': Economists React To The November Jobs Report On Twitter
News

'There Was Never A Recession': Economists React To The November Jobs Report On Twitter

... away from goods is really showing up in this report.Department stores down 21.8k, warehousing and storage down 12.5k, ... 4k — Nick Bunker (@nick_bunker) December 2, 2022   #jobsday general merchandise stores lost 32.2k jobs in November after losing 12.5k ...

Dec 02, 2022
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Why Would Amazon Scope Out JCPenney? It’s The Real Estate, Baby!
News

Why Would Amazon Scope Out JCPenney? It’s The Real Estate, Baby!

... often considered the final stake through the heart of department stores like Plano, Texas-based JCPenney.  Retail experts  ... it through bankruptcy.  With Penney's, like most department stores, holding key sites in consumer-centric neighborhoods, Amazon ...

May 19, 2020
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Big Names Line Up To Buy £750M John Lewis Oxford Street Office Conversion
News

Big Names Line Up To Buy £750M John Lewis Oxford Street Office Conversion

... back the amount of retail as interest from consumers in department stores wanes. Once the conversion is complete, the retail ... React said.  Given the woes of the department store sector, every department store on Oxford Street except Selfridges is currently ...

Nov 12, 2021
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Planning Decision Helps John Lewis Create £600M Office Scheme
News

Planning Decision Helps John Lewis Create £600M Office Scheme

... of a key, Westminster Council’s planning committee has given department store retailer John Lewis the potential to create a £ ...  and the broader shift of consumer spending away from large department stores.  In response, it is looking to diversify the uses ...

Oct 28, 2020
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