Retail In Cardiff

[flange]

Menswear Retailer Appoints HDH For Stores Hunt

15/06/2012

Upmarket menswear retailer Dalvey is looking to expand and has instructed Harper Dennis Hobbs to help it find new stores across the UK.

Dalvey sells luxury men’s apparel and designer accessories and gift including watches, cufflinks and hipflasks. It has a flagship store on Dublin’s Grafton Street. It also sells its products on its own website.

It is targeting shops of 1,000-2,000 sq ft in high footfall areas in London’s West End and the City, as well as Birmingham, Cardiff, Edinburgh, Glasgow, Leeds, Liverpool and Manchester.

Dalvey was founded in the Highlands of Scotland in 1897 as a bagpipe manufacturer. It now exports its wide range of products to the US, Europe, Oceania and the Middle East.

http://www.porterfield.co.uk/2012/06...r-stores-hunt/

http://www.dalvey.com/home

[flange]

UK retail chain Jacobs closes down all stores

Jacobs, the UK camera retailer, is to close all but one of its branches today, less than two weeks after it went into administration

Olivier Laurent

19 Jun 2012

"This is a terribly sad situation to see a long established family run business close down," says Eddie Kerr, a partner at PKF, Jacobs' administrator. "Unfortunately this is an increasingly frequent situation, particularly in the retail sector, where trading conditions have never been tougher."

The camera retailer will be closing, with immediate effect, all of its branches except for its Leicester-based store, which will be used for clearance. The move will cause the loss of 87 jobs after a buyer for the business failed to materialise, says the administrator. "Twenty-five staff will be retained (18 in the head office and seven in the Leicester store) in the short term."

First established in 1939, Jacobs has been the vicime of the economic slowdown, and "a shift in purchasing toward internet-based retailers," says the administrator.

"We had hoped to sell on some of the stores but unfortunately the market is the same for everyone and is likely to remain this way until the economy starts to show some signs of recovery," Kerr concludes.

http://www.bjp-online.com/british-jo...20all%20stores

[Karldiff]

I have no doubt that the growth of internet shopping did have an effect but I've been told that the immediate cause of administration was the bank pulling the plug on the overdraft.

[flange]

Revealed: List of 60 Staples stores at risk of being disposed of, downsized or relocated

28 June 2012

By Kat Spybey

Staples, the world’s largest office products retailer, is considering disposing of, downsizing or relocating just under half of its UK store portfolio.

The US-based retailer has had a list of 60 stores drawn up, which has been seen by PropertyWeek.com, which includes 20 disposals, 31 downsizings, five relocations and four stores where the fate is as yet undecided.

The disposals include stores in Bristol, Merryhill Retail Park in Dudley, Metro Retail Park in Gateshead, and Tottenham Hale Retail Park.

Staples, which trades from around 140 UK stores, opened its first UK store in Swansea in April 1993. The retailer has stores in 27 countries throughout North and South America, Europe, Asia and Australia as well.

The retailer is said to be looking to realign its portfolio due to the uncertain retail market and drop in consumer demand. In May Staples announced an 11% drop in comparable store sales across its European portfolio.

It is thought Staples could have to pay significant incentives to dispose of some of the space.

Rob Asbury, head of London retail, covering in town and out of town at Montagu Evans, said: “A lot of Staples’ stores are oversized with many around 20,000 sq ft when they could go down to between 8-10,000 sq ft. With the market being so hard at the moment they have been exposed a bit so have had to do something about their portfolio rather than just continuing to pay rents and service charges on those stores that aren’t bringing in enough sales.”

Staples declined to comment on the list.

The store list

Altrincham UNIT 4, ALTRINCHAM RETAIL PARK - DISPOSE
Barnstaple UNIT 5, ROUNDSWELL RETAIL PARK - DISPOSE
Bedford THE INTERCHANGE RETAIL PARK - RELOCATE
Birkenhead UNIT 2, THE ROCK RETAIL PARK - DOWNSIZE
Birmingham 1 ROCKY LANE - DOWNSIZE
Blackburn UNIT A, PEEL RETAIL PARK - DOWNSIZE
Bolton UNIT 4, TRINITY RETAIL PARK - DOWNSIZE
Bournemouth UNIT A, PARKWAY RETAIL PARK - DOWNSIZE
Bristol NEWFOUNDLAND STREET - DISPOSE
Burnley UNIT 2, CHURCH STREET - DISPOSE
Cardiff (Gabalfa) UNIT B, EXCELSIOR INDUSTRIAL ESTATE - DOWNSIZE
Cardiff Bay UNIT J, CARDIFF BAY RETAIL PARK - DISPOSE
Carlisle STATION RETAIL PARK - DOWNSIZE
Chadwell Heath GROVE FARM RETAIL PARK - DISPOSE
Chatham 12/14 MEDWAY STREET - RELOCATE
Colchester UNIT D, COLNE VIEW RETAIL PARK - DISPOSE
Crawley UNIT 3A, COUNTY OAK RETAIL PARK - RELOCATE
Croydon 119 WHITEHORSE ROAD - RELOCATE
Dudley UNIT 9B, MERRYHILL RETAIL PARK - DISPOSE
Dundee UNIT 2, KINGSWAY WEST RETAIL PARK - DISPOSE
Eastbourne LOTTBRIDGE DROVE - DOWNSIZE
Gateshead METRO RETAIL PARK - DISPOSE
Glasgow 30-52 FINNIESTON STREET - DOWNSIZE
Gloucester 108 EASTERN AVENUE - DOWNSIZE
Grimsby (Downsize) UNIT D, VICTORIA STREET - DISPOSE
Halifax HALIFAX RETAIL PARK - DOWNSIZE
Hartlepool UNIT 2, HIGHLIGHT RETAIL PARK - DISPOSE
Hove UNIT 2 PEACOCK ESTATE - DISPOSE
Huddersfield UNIT F, LEEDS ROAD RETAIL PARK - DOWNSIZE
Hull MYTON STREET - DOWNSIZE
Huntingdon UNIT 4, HUNTINGDON RETAIL PARK (PHASE 3) - DOWNSIZE
Ipswich UNITS 2-4, RUSSELL ROAD - DOWNSIZE
Kidderminster UNIT J, CARPET TRADES WAY - DOWNSIZE
Leeds (Re-site) UNIT 11B, CROWN POINT RETAIL PARK - UNSURE
Leicester RAW DYKES ROAD - DOWNSIZE
Loughborough BELTON ROAD - DOWNSIZE - RELOCATE
Newport (IOW) UNIT 1B, NEWPORT RETAIL PARK - DOWNSIZE
Northampton UNIT 4C, NENE VALLEY RETAIL PARK - RELOCATE
Norwich UNIT E1 & E2, ALEX MOORHOUSE WAY - DOWNSIZE
Nottingham UNITS 1-8, LADY BAY RETAIL PARK - DOWNSIZE
Old Kent Road 651-657 OLD KENT ROAD - DISPOSE
Poole FLEETS LANE - DOWNSIZE
Reading UNIT 5, FORBURY RETAIL PARK - DOWNSIZE
Redditch 60 GROVE STREET - DOWNSIZE
Rochdale UNIT 1, THE POINT - DOWNSIZE
Rotherham UNITS 5 & 6, GREAT EASTERN WAY RETAIL PARK - DISPOSE
Shrewsbury SUNDORN RETAIL PARK - DOWNSIZE
South Harrow UNIT 1, NORTHOLT ROAD - DISPOSE
Southport UNIT 5, KEW RETAIL PARK - DISPOSE
Staples Corner UNIT 19, STAPLES CORNER INDUSTRIAL ESTATE - DOWNSIZE
Sunderland UNIT 9, HYLTON RIVERSIDE RETAIL PARK EAST - DOWNSIZE
Swindon UNIT 13, GREENBRIDGE RETAIL PARK 19,024 Up to 11,024 DOWNSIZE
Telford UNIT 2, RAMPART WAY - DOWNSIZE
Tottenham (Re-site) UNIT 8, TOTTENHAM HALE RETAIL PARK - DISPOSE
Truro GARRAS WHARF, MORLAIX AVENUE - TBC!
Tunbridge Wells FOUNTAINS RETAIL PARK - DISPOSE
West Bromwich TILDASLEY STREET (OFF OLD MEETING ST) - DOWNSIZE
Wigan 123 WALLGATE - DISPOSE
Worcester UNIT 7, SHRUB HILL RETAIL PARK - DOWNSIZE
Wrexham BORDER RETAIL PARK - DOWNSIZE - DISPOSE

http://www.propertyweek.com/news/new...038982.article

[flange]

Jack Wills are opening in Cardiff in The Morgans on The Hayes.

The Morgans, Cardiff
A prime retail asset on the Hayes opposite St David’s 2, let to Urban Outfitters, Joules, Fred Perry, Molton Brown and TK Maxx. With current contracted rent of £3.1m versus ERV of £4.23m, we see many opportunities for asset management initiatives and further rental growth over the medium term, following capital growth of 30% for the asset since the opening of St Davids 2 in September 2009. Since the year end, we have completed a new letting to Jack Wills and set a new rental level of £172 Zone A.

http://www.helical.co.uk/hb/pp/pp_overview/

Job Vacancies now being advertised online too. http://www.jackwills.com/en-GB/about/careers/

[flange]

A new planning application has gone in for signage for Jack Wills to open in the former Shoon unit on The Hayes.

20 THE HAYES, CITY CENTRE, CARDIFF, CF10 1AH

NEW FASCIA SIGNAGE, PROJECTING SIGN AND GOLD LEAF LETTERING TO WINDOWS

http://planning.cardiff.gov.uk/onlin...F_DCAPR_100764

[flange]

Heart Coffee are planning to open in the former Weird Fish unit in St Davids, a new planning application is now online.

25 CATHEDRAL WALK, CITY CENTRE, CARDIFF, CF10 2DS

CHANGE OF USE FROM A1 SHOP TO A3 CAFE AND ALTERATIONS TO SHOPFRONT

http://planning.cardiff.gov.uk/onlin...F_DCAPR_100546

http://planning.cardiff.gov.uk/onlin...ANS-889227.pdf

[flange]

Vivienne Westwood are planning to open in the empty units inbetween LK Bennet and Kamigata Aveda, a new planning application has gone online for a new shopfront and store signage.

55-57 THE HAYES, CITY CENTRE, CARDIFF, CF10 1GA

NEW SHOPFRONT

http://planning.cardiff.gov.uk/onlin...F_DCAPR_100547

[Barafundle]

Originally Posted by flange

Vivienne Westwood are planning to open in the empty units inbetween LK Bennet and Kamigata Aveda, a new planning application has gone online for a new shopfront and store signage.



http://planning.cardiff.gov.uk/onlin...F_DCAPR_100547

An interesting tenant. I look forward to the satorial elegance of the city developing apace! I am for anything that tries to dilute the seemingly unstoppable wave of Hollister and Superdry!

[craig lindsay]

Data: UK retail regions ranked by spend.

Don't know if every thread knows the new CACI report has been published?

London’s West End has been ranked the top centre in the UK to expand into based on potential annual spend from residents, tourists and workers in 2012.

The area, which takes in shopping Meccas Oxford Street and Regent Street, came top in CACI’s Retail Dimensions report. It found that £4.7bn is likely to be spent on non-food items in 2012.

Glasgow came second with Manchester coming in third.

They were followed by Birmingham (4), Liverpool (5), Westfield London (6), Leeds (7), Nottingham (8 ), Knightsbridge in London (9), and Bluewater (10).

Colchester came last (50) in the rankings.

The report also broke down the data to worker spend and tourist spend (see below).

CACI consulting partner Paul Langston said: “Increasingly, we’re seeing a divergence between the top centres and the rest of the country, and retailers have to make sure they’re in the right place, or face losing out.

“This year, London’s West End stretched out its lead. It has nearly double the spend of any other centres from workers, well over double the spend for tourists and a clear lead over Glasgow, the second placed overall centre by spending.

“There’s also a real disparity in centres’ long term health, with far fewer retail destinations that are likely to thrive over the coming years being based in the north.

“Moreover, the north-west in particular has a shortage of centres that we believe will be top destinations over the next few years, and a high number that could struggle to support non-food spend.”

Top 50 GB Centres

Ranked on total annual comparison spend from residents, tourists and workers. Excluding online spend.

Rank Name Expenditure £m
1 London West End £4,770
2 Glasgow £1,940
3 Manchester £1,800
4 Birmingham £1,640
5 Liverpool £1,370
6 Westfield London £1,250
7 Leeds £1,180
8 Nottingham £1,150
9 London - Knightsbridge £1,150
10 Bluewater £1,090
11 Westfield Stratford City £1,060
12 Edinburgh £1,020
13 London - Covent Garden £1,010
14 Meadowhall £980
15 Newcastle upon Tyne £970
16 Norwich £970
17 Trafford Centre £950
18 Milton Keynes £940
19 Bristol £910
20 Kingston upon Thames £890
21 Leicester £870
22 Brighton £790
23 Reading £780
24 Cardiff £760
25 London - Kings Road £700
26 Bath £680
27 Aberdeen £680
28 Sheffield £670
29 Croydon £660
30 Gateshead Metrocentre £660
31 Southampton £650
32 Cambridge £640
33 Dudley - Merry Hill £630
34 Derby £620
35 Plymouth £610
36 Brent Cross £590
37 Bromley £570
38 Exeter £560
39 Thurrock Lakeside £550
40 Cribbs Causeway £540
41 York £530
42 Cheltenham £500
43 Bicester Village £500
44 Hull £490
45 Oxford £480
46 Guildford £460
47 Ipswich £460
48 Watford £460
49 Chester £450
50 Colchester £440

Top 10 Worker Spend.

Rank Name Expenditure £m
1 London - West End £360
2 London - Canary Wharf £200
3 Glasgow £120
4 Manchester £120
5 City of London - Cheapsid £110
6 City of London - Fenchurch Street £90
7 London – Victoria £90
8 Leeds £80
9 Birmingham £70
10 City of London - Broadgate £60

Top 10 Tourist Spend.

Rank Name Expenditure £m
1 London - West End £1,750
2 London - Knightsbridge £760
3 London - Covent Garden £510
4 London - King’s Road £400
5 Glasgow £350
6 Manchester £350
7 Edinburgh £240
8 Birmingham £220
9 Westfield London £200
10 Bath £190

[JamesWales]

Originally Posted by craig lindsay

Data: UK retail regions ranked by spend.

Don't know if every thread knows the new CACI report has been published?

With all due respect to places like Milton Keynes and Norwich, and not knowing the full methodology I don't get how they would be higher?

Cardiff's retail offer is greater, the city is larger, the catchment area is bigger, the tourist and visitor numbers would be greater, and the general level of wealth more of less the same (I appreciate Cardiff includes more generally poor areas in the catchment area though)

[Karldiff]

Perhaps our retail offering is not as extensive as we thought it was? I think we might get confused between whether or not Cardiff is an attractive retail destination and how much income it actually generates.

I'd argue that it's a lovely place to shop - it's compact, very navigable even for first time visitors, nice mixture between malls, streets and arcades plus there are all the other attractions within the city centre such as the museum, castle, Bute Park etc etc. But the retail spend doesn't seem that far off to me - Brighton and Reading for example are not that much smaller than Cardiff and probably have a similar catchment area and I'd suggest are more affluent.

I'm surprised at Milton Keynes but as I have never been there or know next to nothing about it I don't really know why I am surprised. Other than that the other cities higher than Cardiff (discounting the various London areas) include Glasgow, Manchester, Brum, Liverpool, Leeds, Nottingham, Edinburgh, Newcastle, Bristol and Sheffield Meadowhall. The fact that they have a higher retail spend than Cardiff can't come as a surprise surely?

[cardiff]

Nottingham, Newcastle and Sheffield came as a surprise, the others not so much. People in South Wales are generally quite thrifty, preffering a deal over full price from my experiance, regardless of what they earn. While it doesnt represent a great place for people to make lots of money on high end goods, it could mean we have a cheaper standard of living? Items may just be cheaper here, or we have cheaper brands as i doubt we actually buy less than the rest of the country.

[Cambo_Dai]

I never buy either the Experian or CACI figures. We are not 6th as Experian has Cardiff, but neither are we 24th. I don't believe more is spent at Meadowhall (around 1 million square feet) than in all of Cardiff city centre (around 3 million square feet). In terms of city-centres, I'd guess we are above the following we are listed as being below (this is very unscientific and on a 'gut' feeling):

- Reading
- Bristol
- Leicester
- Kingston
- Milton Keynes
- Newcastle upon Tyne
- Meadowhall
I'm not sure about Brighton, Trafford or Bluewater.

[Delirium]

It shouldn't come across as that much of a surprise, surely? Especially as it's ranked according to spend and not the amount of retail space.

Originally Posted by JamesWales

With all due respect to places like Milton Keynes and Norwich, and not knowing the full methodology I don't get how they would be higher?

One would imagine Norwich would be quite high up due to it being the only real 'decent' place to shop in Norfolk and upper East Anglia, plus all the tourists in the holidays, that's a good million+ people right there. Milton Keynes tends to pull a lot of people in from Luton, Bedford, Northampton etc and you've got the arena and ski centre next door. Plus they're in the South East/East which hasn't been affected by the reesesh to the same extent as South Wales has.

[flange]

Vivienne Westwood To Arrive In Wales With First Standalone Store

26/07/2012

Iconic designer fashion brand Vivienne Westwood is opening at St David’s, the market leading Cardiff based shopping centre jointly owned by Capital Shopping Centres (CSC) and Land Securities, with its first standalone store for the brand in Wales.

The store, which will comprise 2,585 sq ft of space, will be located at 55-57 The Hayes onTredegar Street, opposite John Lewis and next to fellow high end retailers LK Bennett and Aveda. It is due to open at the end of September.

John Reid, Managing Director of Zagal, the franchise operator of the store, said: “The colourful history and culture of Cardiff as the capital city of Wales makes it an excellent setting for the avant-garde and exciting fashion designs of Vivienne Westwood. Our decision to locate within the re-developed city centre and specifically St David’s and The Hayes puts us right at the heart of this vibrant city and its vast numbers of visitors. Our goal is to create a wonderful theatre showcasing all of Vivienne’s collections in the epicentre of Wales and be the destination store for her fans in Wales and the South West.”

Joanne Skilton, Director of Retail and Leasing for CSC, on behalf of the St David’s Partnership said: “St David’s has a fantastic fashion offer and we aim to cater for all tastes and budgets given our 39 million annual footfall. We are delighted to be able to further extend our womenswear offer by confirming the arrival of the iconic Vivienne Westwood brand, adding to our ever growing portfolio of reknowned fashion retailers.”

St David’s is advised by Jones Lang LaSalle and Cushman & Wakefield. Zagal, trading as Vivienne Westwood, was self-represented.

http://www.porterfield.co.uk/2012/07...ndalone-store/

[flange]

Looks like Jane Norman will be relocating at St Davids from the upper mall to the lower mall, with a new planning application online for new store signage for Jane Norman to open in the former Quicksilver unit.

11 ST DAVID'S DEWI SANT, GRAND ARCADE, CITY CENTRE, CARDIFF, CF10 2ER

NEW FACIA PANEL WITH ILLUMINATED LETTERING

http://planning.cardiff.gov.uk/onlin...F_DCAPR_101068

[flange]

Toby Cavery Sandwich Express now open at St David's.



Image from St David's Facebook page.

[flange]

River Island finally opens at St David's on Saturday 18th August.



Image from St David's Facebook page.

[flange]

Mamas & Papas are advertising for staff for a new store opening at St David's.

https://www.asp14.bondtalent.com/mam...&f13id=&f14id=