More than 200 UK shopping centres, collectively worth around £7 billion, are at risk of closure if their owners fail to secure fresh equity for refinancing and ‘much-needed redevelopment’, according to asset management company APAM. Retail sales growth slowed in the year to October, following four consecutive months of firm sales during the summer, according
Retail sales grew at their fastest pace since September 2017 in the year to June, according to the CBI’s latest Distributive Trades Survey. It also revealed that sales volumes were well above average for the time of year. Additionally, the survey reported a jump in growth in the volume of orders placed on suppliers. The
Retail news round-up: Sales; business and consumer confidence; surplus shops Read More »
Retailers reported a slight rise in sales volumes in the year to September, along with the expectation that growth will strengthen somewhat next month, the CBI reported in its latest monthly Distributive Trades Survey. The survey covered the first two weeks in September, when 33% of retailers reported that sales volumes were up on a
CBI reports that High Street sales rose in September Read More »
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