How Wales shopping centres can survive with values absolutely murdered and top chains disappearing
The UK retail sector is undergoing a seismic change and nowhere is that more visible than in its dormant shopping centres. Could a model based around residential and leisure be their salvation?
16:23, 14 FEB 2021
Updated
Inside Newport s Friars Walk shopping centre. The closure of non-essential shops has been bruising for centres throughout the UK (Image: Matthew Horwood)
On 2 December last year Debenhams website crashed amid surging demand, with massive queues reported at its Oxford Street shop in London.
As shoppers jostled to grab cut-price deals on designer handbags, perfume and scarves, it was a sad irony that the increased popularity was due to a blowout sale marking the end of the 200-year-old brand as we know it.
New owners for West Orchards after £4.85m auction sale
A London-based investor is to take over
17:19, 5 FEB 2021
West Orchards shopping centre
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Leasehold for West Orchards Shopping Centre in Coventry is up for auction with £5.5m guide price
It is going to auction
05:00, 21 DEC 2020
West Orchards Shopping Centre, Coventry (photo taken pre-Covid)
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