Primark may be one of the most successful fashion retailers in the UK (and beyond) at the moment, but given that it’s fully dependent on physical shops as it has no online operations, it's feeling the pain of high rents.
Intu Properties named Robert Allen as chief financial officer, the latest appointment in a wide-ranging management shuffle as Intu wades through the effects of a string of retail collapses and Brexit gloom.
Monsoon Accessorize’s attempt to reshape its business to give it a brighter future could run into a stumbling block as the landlords of the stores that it occupies make demands in return for supporting a possible CVA.
Malls giant Hammerson on Friday hailed the importance of experiential events at shopping destinations as it said that its Festival of Light drove increases in footfall and reached around 1.5m people on social media.
Timon Drakesmith is stepping down as CFO of malls giant Hammerson shortly after it reported a 6.2% slump in net rental income in a turbulent retail backdrop. But his exit and the slump don't appear to be directly linked.