Posted by: FSPRetail , 26 May 2011
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Tags: RETAILERS, 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, FUTURE OF RETAILING
Posted by: FSPRetail , 17 May 2011
Best practice in shopping centre valuation has changed. Valuations should now reflect the long term sustainability of passing rents. The willingness of retailers to pay the passing rent is the key to the valuation. This fundamental change follows the 2008 financial crisis. The BCSC Asset Pricing Guide issued last week gives little emphasis to lease terms and much to rent sustainability. read more…
Tags: GEOFF'S VIEW
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, FUTURE OF RETAILING