Glasgow | Retail | News & Developments

[Boards]

Funnily enough I was just looking the other day to see if Pars and City Bakery still exit. Mind my gran talking about them when I was a kid.

[Glasgow Shopper]

I mailed 360 Champagne and Cocktails asking the location on the first floor of there soon to open Champagne Bar .They said it would be located close to Starbucks and would open later this summer.

[Squirrelking]

Lol, looking more like a shitty airport terminal with all the trappings of tedium it entails by the day.

[Boards]

CBRE: UK shopping centre freeze ends

By James Buckley - Monday, June 17, 2013 13:31

The long-run shopping centre development freeze in Great Britain is finally over according to CBRE.

Major shopping centre developers are now restarting work on a number of major schemes that were shelved following the onset of the 2007 credit crisis. Anchor store deals, a precursor to construction activity, have now been announced for schemes located in Glasgow, Leeds, Oxford, Bracknell and Bradford.

Further schemes are in the wings, particularly in London where major mixed developments in play include, Battersea, Brent Cross, Croydon, Earls Court, Elephant & Castle, Kings Cross, Nine Elms, Olympic legacy, Old Street/Shoreditch, SouthBank/Shell Centre, Victoria, Wembley, White City (including the Westfield extension) and many sites adjacent to Crossrail stations.

Crossrail is meanwhile poised to trigger widespread stock renewal throughout the West End when the new rail link opens in 2018.

Nothing like the current wave of mixed-development activity has been seen in London before. It is the largest development surge in a generation and the first to be focused largely on Inner London, finally bringing to fruition schemes that, in many cases, were first proposed a decade or more ago.

The marked upturn in London development activity is largely because of buoyant tourism and continuing safe-haven financial flows. London has proved largely unaffected by the current domestic downturn as a result: hence the relative development buoyancy while many markets outside London remain mired in recession. London currently accounts for 40% of all shopping centre construction activity in Great Britain.

Mark Disney, Head of Shopping Centre Development and Leasing, CBRE, said: “Development activity in London and the South East began to lift markedly a year or so ago. Now, finally, we are beginning to see some signs of recovery in the major metropolitan centres as well. The major retail developers are all working on schemes either to extend and refurbish their existing centres or to develop new ones. Retail demand is strengthening from multiple retailers who are looking for larger units in centres which can effectively showcase their products and enhance their brand.”

http://www.costar.co.uk/en/assets/ne...e-freeze-ends/

I wonder if they're referring to Buchanan Galleries or Braehead? Or both? I didn't think anything had been announced?

[craig lindsay]

Puma.

Puma today were starting to clear their store, with closure being thought for many months now, this could however signal a new retailer has purchased the unit, previously thought to be Timberland, which is good news.

[david_gla]

Originally Posted by craig lindsay

Puma.

Puma today were starting to clear their store, with closure being thought for many months now, this could however signal a new retailer has purchased the unit, previously thought to be Timberland, which is good news.

Hopefully the new owner will fix the broken window that's covered with a plank of wood in the upper floor that's been like that for years, everytime I pass I look up hoping it's been fixed. It's such a beautiful building I don't know they never fixed that window.

upper left!
image hosted on flickr

[flange]

Originally Posted by craig lindsay

Puma.

Puma today were starting to clear their store, with closure being thought for many months now, this could however signal a new retailer has purchased the unit, previously thought to be Timberland, which is good news.

It is confirmed that Timberland will be opening in the existing Puma unit, a planning application is online for store signage.

91 Buchanan Street City Centre Glasgow G1 3Hf

Display of one projecting sign and one bronze plaque sign

https://publicaccess.glasgow.gov.uk/...=MMSSPTEXW4000

[ledodedo]

Think i heard that Ted Baker were going into the Timberland unit, but that was a while ago.

Also, the whisky shop next to Aspecto is moving round to the old Hidden Hearing shop next along from Wagamama

[craig lindsay]

House of Fraser.

An article in Retail Week talking of the upcoming refit in the women's department.

House of Fraser like-for-likes up 4.8% driven by online sales surge.

House of Fraser’s surging online sales drove a like-for-like increase across the business of 4.8% in the first quarter, according to figures leaked to Retail Week.

House of Fraser like-for-likes up 4.8% driven by online sales surge

The retailer narrowed its adjusted EBITDA loss from £3.6m to £3.4m in the quarter, which is “typically the period with lowest level of sales activity and normally produces a small EBITDA Loss”, said House of Fraser.

House of Fraser said current trade has remained strong, albeit growth has slowed to 4.3% on a like-for-like basis in the first 20 weeks of the financial year.

Gross profit rose to £84.8m over the 13 weeks to April 27, which is £3.3m ahead of its first quarter last year. Costs have remained in line with the same period last year - despite inflationary pressures and increased multichannel costs - thanks to operational efficiencies and other cutting measures.

Online sales surged 62%, driven by new developments on its website, including increased product choice with new brands such as young fashion label Superdry.

It has also introduced “True Fit”, a tool that aims to improve sizing and fit by asking customers to enter their measurements and preferences, on around 50 brands. House of Fraser claims it increased conversion rates by six times for customers that used it.

House of Fraser has also extended it Buy & Collect scheme with customers now able to select a nominated day to collect packages, and cut off for next day store delivery has extended to 8pm.

However, the retailer has shuttered its HouseofFraser.com store in Liverpool One. It said its existing Aberdeen store is “trading positively” and that it is on the look at for further locations to open the click and collect stores.

Meanwhile, it has also revamped its mobile site and iPhone app to improve functionality.

House of Fraser said: “We expect economic conditions to remain subdued, nevertheless, we are confident that the Group’s business model, with our premium brand positioning and strong multichannel operations, is highly relevant to changing consumer habits and are confident that the Group will continue to grow and develop for the foreseeable future.”

Sales were up across house brands, which rose by 10%, and branded products and concessions, which both saw a 4% rise.

The 63-store retailer also reported a strong performance from recently refurbished stores, with like-for-likes at Oxford Street up by 8.1%.

Homewares was the best performing house brand department and a new range, Living by Christiane Lemieux, was launched across 21 stores and online during the quarter. Owned branded womenswear also performed well, with young fashion range Label Lab showing growth of 39.6%.

In the coming year, House of Fraser intends to refurbishment the womenswear departments at its Manchester and Glasgow stores and these will become model stores for the estate. Lincoln and Grimsby will also see revamps in homeswares, shifting to a mostly house brand offer.

Independent analyst Nick Bubb said: “House of Fraser is doing a very good job with its website and service/delivery proposition, driving better than budgeted 62% online sales growth in Q1, which is a standout performance in the industry.

“The problem is that store like-for-likes are under pressure and the negative operational leverage in ‘bricks and mortar’ is holding back overall profit progress.”

http://www.retail-week.com/house-of-...contentID=5963

[Glasgow Shopper]

The revised plan for the Decathalon Store has been given Planing Permission.The previous plan was turned down mainly on parking concerns.

[Jord]

Originally Posted by flange

It is confirmed that Timberland will be opening in the existing Puma unit, a planning application is online for store signage.



https://publicaccess.glasgow.gov.uk/...=MMSSPTEXW4000

Are Puma moving elsewhere?

[ledodedo]

Originally Posted by Jord

Are Puma moving elsewhere?

No, all the buying is done from Puma Europe, thats why the stuff is so s**t, its never made money and stocks the worst range of Puma in Glasgow, so its gone, gone, gone.

ps Fat Buddha stock the best range of Puma

[Sergeant Pluck]

There was some activity the other day in the old Moben/Sharps/Dolphin kitchen store in Sauchiehall St. I think there was a suggestion here previously that Nando's might be opening there (although it looks a bit on the small side to me).