Posted by:
Hpratley ,
27 March 2012
The BNP Paribas Real Estate retailer risk index for 2012 has used the BIS Wealth Creation Index to calculate retailer financial health. The retailer risk for individual fascia was then aggregated to give a risk score for locations. read more…
Tags:
RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, RETAIL ADMINISTRATORS
Posted by:
Hpratley ,
13 February 2012
The Local Data Company (LDC) has said the number of empty shops on UK High Streets is set to rise in 2012. The increase is expected to happen due to weak consumer confidence, rising unemployment and growing online sales. read more…
Tags:
RETAILERS, CENTRES, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, EMPTY SHOPS
Posted by:
FSPRetail ,
09 February 2012
FSP is delighted to sponsor Fashion Accessories at the inaugural Hammerson customer service awards ceremony - We Love Retail 2012. read more…
Tags:
TOWN/SHOPPING CENTRES, SHOPPERS, SHOPPING CENTRE RESEARCH
Posted by:
FSPRetail ,
11 January 2012
NPS differences between Peak and Regular shoppers
In January, retail commentators turn their attention to the Christmas sales results and at FSP, we are no different – Christmas Sales Report 2011 read more…
Tags:
TOWN/SHOPPING CENTRES, RETAIL PULSE
Posted by:
Hpratley ,
07 December 2011
It is gloomy news for retail and the high street at the moment, with news that customers are not and will not be spending as much as last year. read more…
Tags:
RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, STATISTICS, RETAIL STATISTICS, CHRISTMAS SALES REPORT
Posted by:
FSPRetail ,
25 November 2011
In the wake of a 38% fall in annual profits and a 4.4% drop in like-for-like sales in the most recent 12 weeks, Arcadia has announced that it is closing more than half the 450 stores due for lease renewal in the next few years. read more…
Tags:
RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, RETAIL PROPERTY, SOCIAL COMMENTARY
Posted by:
FSPRetail ,
10 October 2011
Last week FSP Trainee Consultant Nick Jones attended the Accessible Retail Seminar and blogged about key points discussed. read more…
Tags:
CENTRES, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, FACTORY OUTLET CENTRES, HIGH STREET
Posted by:
FSPRetail ,
28 September 2011
UK retailing is undergoing changes that are structural rather than recession driven. Change creates opportunities as well as threats. Out-dated valuations make it more difficult for existing players than for new entrants to seize the UK retailing opportunities. read more…
Tags:
RETAILERS, CENTRES, E-TAILING, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, BCSC
Posted by:
FSPRetail ,
23 August 2011
Last week Retail Week reported that Waterstone’s new managing director James Daunt will conduct a review of Waterstone’s, after Alexander Mamut took over the book store. read more…
Tags:
RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by:
FSPRetail ,
24 June 2011
Thirty years of neglect and mismanagement has left many of our town centres broken and unfit for purpose. Understandably, the condition of town centres has become a national concern as reports of the ‘squeezed middle’, weak sales growth and high vacancy rates make easy headlines. read more…
Tags:
TOWN/SHOPPING CENTRES, GENERAL
Posted by:
FSPRetail ,
16 June 2011
Tuesday’s edition of the Times carried an article suggesting that town centres which are disproportionately reliant on the ‘squeezed middle’ of consumer lifestyles are ‘trading at the precipice’. Vacancy rates are high in towns which have strong concentrations of Secure Families (home owning families), Settled Suburbia (retired couples and empty nesters) and Post Industrial Families (low grade service workers). Spending growth is expected to lag behind towns with strong concentrations of Prosperous Professionals, Educated Urbanites, Aspiring Singles and Starting Out lifestyles.
Towns such as Bexleyheath, Blackpool and Wigan are identified amongst the places where future performance is under threat, whilst towns such as Edinburgh, Brighton and London’s King’s Road are suggested as places with a more positive future.
Of course, real life is not quite as simple as the article suggests. In recent years for example, ‘low growth’ Wigan has actually risen 14 places in CBRE’s national ranking of shopping destinations. An FSP shopper survey conducted in April 2011 showed that the town is expanding its retail catchment and attracting increasing numbers of wealthier shoppers. read more…
Tags:
RETAILERS, CENTRES, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by:
FSPRetail ,
26 May 2011
read more…
Tags:
RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by:
FSPRetail ,
20 May 2011
As discussed in a previous SnapShop Blog Waterstone’s Vs. Amazon, HMV has sold its Waterstone’s book store to Russian investor Alexander Mamut for a reported £53 million. read more…
Tags:
GEOFF'S VIEW, RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by:
FSPRetail ,
17 May 2011
Mary Portas has been appointed by Department for Business, Innovation and Skills to carry out a review aimed at halting the "decline of the high street" in England. That the decline is real is well attested by shop vacancy rates and the achieved levels of rents in many “secondary” towns. The solution will be more fundamental than improving the level of customer service. read more…
Tags:
GEOFF'S VIEW, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by:
Hpratley ,
01 April 2011
I went recently to Northampton to visit Legal & General’s two day exhibition in the Grosvenor Centre.
The exhibition outlined the plans for the Centre and gauged what the residents of Northampton want in their town.
FSP Director Jo Hewson has worked closely with Legal & General on the re-development project and was there to help explain the plans to members of the public and to register their comments.
The Grosvenor Centre provides two levels of shops in the centre of Northampton between the bus station and the Market Square. read more…
Tags:
CENTRES, TOWN/SHOPPING CENTRES, GENERAL
Posted by:
FSPRetail ,
21 March 2011
This week Retail Week reported that Asda chief executive Andy Clarke believes “the future of retail is local, and supermarkets need to be clear about the role they play in local communities.” read more…
Tags:
GEOFF'S VIEW, RETAILERS, TOWN/SHOPPING CENTRES, SHOPPERS, SHOP LOCAL
Posted by:
FSPRetail ,
17 March 2011
The outlook for town centre retailing is much worse, and the required action is more urgent, than is suggested in the BCSC and Lunson Mitchenall report on the Shopping Centre development pipeline. read more…
Tags:
GEOFF'S VIEW, RETAILERS, TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, SHOPPERS
Posted by:
FSPRetail ,
31 March 2010
Managing Director Geoff Nicholson comments in Retail Weeks' Letters To The Editor on an article from issue 12th March 2010. Link unavailable. read more…
Tags:
TOWN/SHOPPING CENTRES, FUTURE OF RETAILING, RETAIL PROPERTY
Posted by:
FSPRetail ,
23 February 2010
The proportion of UK multiple retailers trading unsustainably has increased from around 23% last year to 28% this year. Furthermore, the location of the stores of “at risk” retailers, and the reasons for their financial stress, are now different. Retailers are categorised as “at risk” if the ratio of gross profit on sales to the cost of labour and depreciation is below parity. read more…
Tags:
GEOFF'S VIEW, TOWN/SHOPPING CENTRES, RETAIL ADMINISTRATORS
Posted by:
FSPRetail ,
26 January 2010
…but are they all of equal value? In shopping centres and retail parks, recruiting particular tenants within an explicit retail mix strategy creates a more robust rent roll than simply taking the highest, or any, bidder. Without a tenant mix policy, the retail composition of the centre or park is determined by the judgements and vagaries of individual retailers. read more…
Tags:
GEOFF'S VIEW, TOWN/SHOPPING CENTRES, RETAIL PROPERTY, REGENERATION AND DEVELOPMENT
Posted by:
FSPRetail ,
23 August 2009
Sharing turnover information has always been a sensitive subject for retailers, and as a result landlords are often unable to measure the effectiveness of their shopping centre or retail park by the most obvious means – sales. Entrant numbers are produced as a Key Performance Indicator but if an increase doesn’t convert to sales it is largely meaningless. read more…
Tags:
TOWN/SHOPPING CENTRES
Posted by:
FSPRetail ,
23 July 2009
The BRC this week issued their report, 21st Century High Streets: A Vision for our Town Centres, which, in its introduction states “Good retailing is all about great products supported by great people giving great service. It’s down to retailers to provide all of that for their customers. It’s something British retailers, large and small, excel in. But to trade profitably we need customers, drawn in by a pleasant, safe and accessible High Street offer”. Sensible. Indeed the whole report is essentially common sense, but someone needs to drive the message home. read more…
Tags:
TOWN/SHOPPING CENTRES, FUTURE OF RETAILING
Posted by:
FSPRetail ,
01 January 2009
The prospects for retail property in 2008 range from a disaster scenario, much loved by journalists in search of a good story, to an expectation that the bottom of the market will be established. What is certain is that active asset management will once more be prized. read more…
Tags:
GEOFF'S VIEW, TOWN/SHOPPING CENTRES
Posted by:
FSPRetail ,
25 July 2008
“Proposed Revisions to PPS6” is not a headline to set the blood racing. However, the latest offering from Hazel Blears, the Communities Secretary, should provoke outrage from all who care for the viability of UK town centres. read more…
Tags:
GEOFF'S VIEW, TOWN/SHOPPING CENTRES
Posted by:
FSPRetail ,
19 January 2008
The prospects for retail property in 2008 range from a disaster scenario, much loved by journalists in search of a good story, to an expectation that the bottom of the market will be established. What is certain is that active asset management will once more be prized. read more…
Tags:
GEOFF'S VIEW, TOWN/SHOPPING CENTRES