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British Land completes £733m property exchange transaction with Tesco

Supermarket chain Tesco Plc revealed on Friday that it intends to refocus on its core business and has regained sole ownership of 21 superstores in an agreement with real estate company British Land. As part of a joint venture between Tesco […]

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99p Stores

Poundland to to acquire 99p Stores for £55m

European single price general merchandise

Retail insolvencies on the rise in the UK

Local Data Company study reveals wider regional divide in UK retail outlet vacancies

  One in five shops in the North of Britain are standing empty, compared to one in 10 retail outlets in the South, according

Food Retail

Ocado declares first full-year pre-tax profit of £7.2 million

Online food delivery group Ocado has declared a full-year pre-tax profit for the first time since its inception in 2000, it was reported on Tuesday. With a full-year pre-tax profit

Westfield Shopping, east London

UK shopping centres fill empty retail spaces faster than traditional high streets

Vacant retail premises are being filled faster in UK shopping centres, compared to empty shops in town centres, according to the latest retail property research published on Tuesday

UK economy has become dominated by debt driven household and government spending

Cost of living eases for UK families as shop prices deflate for 16th consecutive month

UK retail industry trade association the British Retail Consortium (BRC) published its BRC-Nielsen Shop Price Index (SPI) on Wednesday, which revealed that overall shop prices in the UK

London shopping centre

Competition among UK retailers results in continued price deflation

Competition among UK retailers for market share has resulted in the deepest level of shop price deflation since December 2006, according to trade association British Retail

Westfield Shopping, east London

Expansion of Westfield Shopping Centre in Shepherds Bush approved by Mayor of London

Plans to extend the Westfield Shopping Centre in Shepherds Bush and construct more than 1,300 homes have been approved by the leader of the Greater London


Carphone Warehouse and Dixons Retail reach agreement on all-share merger terms

The boards of mobile phone retailer Carphone Warehouse Group plc and electrical retail company Dixons Retail plc announced on Thursday that they have recommended an all-share merger


Sainsbury’s reports 5.3% increase in full-year profits to £798m

Sainsbury's reports increase in profits British supermarket chain J Sainsbury's plc declared on Wednesday that it achieved good sales figures and a growth in profit for the 52 weeks

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