British Land, one of the UK's largest property companies, has delivered a positive update, reporting strong occupancy rates in its retail parks.
The news is a significant development for the company, which has been working to reposition its portfolio in a changing retail landscape.
The strong occupancy rates suggest that retail parks are a resilient and attractive asset class for retailers, who are seeking to combine a physical presence with their online operations.
The news is a welcome sign for the UK's retail sector, which has been under pressure from the shift to online shopping.
The strong performance of British Land's retail parks indicates that there is still a strong demand for physical retail space, particularly in out-of-town locations.
The news is a positive signal for investors and for the broader retail industry, which is adapting to a new era of shopping.
The report from British Land highlights the importance of a well-located and well-managed retail portfolio in a competitive market.
Londoners are purchasing the lowest proportion of houses outside the capital in over a decade due to stalling local prices and the shift back to office working.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
UK retail stocks, including major names like Associated British Foods (Primark) and Kingfisher, experienced a sell-off following a bearish note from Deutsche Bank about a slowdown in discretionary spending.
Fishing tackle and equipment retailer Angling Direct has reported a stronger-than-expected first-half trading performance, boosted by a solid UK performance.
B2B technology firm Computacenter has promoted its head of group commercial finance to the chief financial officer position.
Conygar Investment Co has sold a Virgin Active gym in Nottingham for £6.8 million, as part of a strategic portfolio realignment.
Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA will be lower than expected after a revision to its stock provisions.
Revolution Beauty has issued a profit warning, stating that its adjusted EBITDA for the last financial year will be significantly lower than initially forecast.
Fast-fashion company Shein is reportedly exploring a listing in Hong Kong as its London IPO plans face significant political and regulatory scrutiny.
Fast-fashion company Shein is reportedly exploring a listing in Hong Kong, as its plans for a potential London IPO face significant regulatory and political challenges.
The boss of flexible office group IWG has dismissed a 17% fall in the company's share price, calling it 'not rational' and blaming 'machine selling'.
The CEO of flexible office group IWG has dismissed a recent 17% fall in the company's share price, attributing the decline to 'machine selling' by automated trading systems.
Shares in JD Sports surged after Deutsche Bank raised its price target on the stock, citing the company's strong performance and growth potential.
An analysis suggests that Asda is struggling and 'misfiring' in the ongoing price competition among UK supermarkets, losing ground to its rivals.
Recent market data shows that the discounter supermarket Lidl is closing in on Morrisons, threatening to displace it as the UK's fifth-biggest supermarket.
The average asking price for a UK property has fallen by 1.3% in August, as sellers price their homes more competitively during a typical summer dip.
Recent market data shows that the discounter supermarket Lidl is closing in on Morrisons, threatening to displace it as the UK's fifth-biggest supermarket.
Chancellor Rachel Reeves is reportedly weighing a new property tax to replace or reform the existing stamp duty system, a move that could shake up the UK housing market.
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Mike Ashley, the founder of Boohoo, has reportedly called for a formal investigation into a debt collection agency, reigniting a long-running dispute.
The chairman of fast-fashion giant Shein has reiterated the company's desire to become a publicly listed company, even as its IPO plans face scrutiny.
The UK's largest independent toy retailer has announced plans to hand over ownership of the company to its employees.
Homebuilder Persimmon has sold more homes but has warned that high mortgage costs are still a 'barrier' to buyers.
The bidding battle for the healthcare property investment firm Assura has intensified, with the competition watchdog taking further action.
Real estate investment trust Landsec has completed the sale of a significant London office building to the Arora Group for a reported £245 million.
Marks & Spencer has finally restored its click and collect service, months after a cyberattack on a third-party partner forced its suspension.
Dr Martens has reported a slide in profits but has stated that it remains on track for a return to growth in the coming year.
High street fashion retailer River Island has had its restructuring plan approved by a High Court judge, a move that will allow it to close stores and renegotiate rents.
The London Stock Exchange's AIM market has welcomed RentGuarantor, a company that provides guarantor services for tenants and landlords, following its move from the Aquis Stock Exchange.
A UK parliamentary committee has launched an investigation into the potential London IPO of fast-fashion giant Shein, raising concerns over its business practices.
