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PCG News Wrap Up 23rd August 2019

Friday 23 August 2019 Property DevelopmentRetail ConsultancyShopping Behaviour

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Laura Symes's picture
By Laura Symes

Here’s what the Property Consulting Group have been talking about this week…

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Welcome to CACI’s Property Consulting Group’s News Wrap Up Blog.

Keeping up to date with the latest news and emerging trends in the retail and leisure sector is key to supporting the project work we do with our clients. This means our team are constantly searching for relevant news stories, so we thought we’d share some of the best ones we have been talking about recently with you.

 

1. We will soon see more of the iconic black shipping containers ‘popping up’ across the UK over the next five years, after 10 new Boxpark sites are confirmed.

KPMG are currently reviewing investment proposals that plan to expand the business nationwide and internationally, and plan to include two fresh concepts: BoxOffice and BoxHall.

 

2. Casual dining operator, Market Halls, opens at intu Lakeside with 5 kitchens, 2 bars, a coffee shop and a start up chicken restaurant.

‘The Hall’ at intu Lakeside was opened last month as part of a £72 million extension to create a unique and collaborative dining experience for shoppers.

 

3. What are the costs and benefits of the high-speed rail link, HS2?

The government have launched a review into the multibillion-pound project with a “go or no-go” decision to be made. Read more on BBC

 

4. Westfield provide an insight to what it might feel like to step into a jungle, in a modern-day shopping centre.

The latest VR customer experience initiative is free for shoppers to use and includes a 6-metre-tall climbing wall amidst the jungle adventure

 

5. Hendrick’s have transformed one of Kings Cross’ walkways to give travellers a gin-credible and immersive experience on their commute.

The tunnel wrap includes rose and cucumber scented illustrations transporting you to a multi-sensory world. (Or, at least it does for the few minutes it takes to walk back to the reality that is the Northern line).

 

6. ASOS are seeking discounts from their suppliers amid two profit warnings in the space of a year.

The ecommerce giant are under increasing financial pressure after the launch of a new US warehouse which meant operational issues are affecting their sales growth.

 

7. Frustrated internet users can get the GDPR help they want along with a vanilla latte from Facebook’s new and few “Privacy Café’s”.

Shoppers will be able to chat to an expert about their Facebook privacy settings and how to change them, all whilst waiting for a coffee. Read more on privacy cafe's

 

The New Kids In Town

Hammerson appoint James Lenton as CFO and Notonthehighstreet appoints HelloFresh’s former UK boss Claire Davenport as its new CEO. Read more on retail gazette

 

8. Despite new product launches, John Lewis Partnership’s weekly sales are in decline, though reported a 1.3% increase in electrical and home tech sales.

‘Free from’ products also saw a sales increase of 15%, cut flowers and outside horticulture performed well too. Read more 

 

9. The Crown Estate plan to improve the customer offer as well as accessibility to the South Aylesford Retail Park.

A total of 142 extra car parking spaces will be created and The Crown Estate believes the new units will create around 75 extra jobs, to add to the 317 people already employed at the estate. Read more on Kent online

 

10. Temporary pods and refreshment vans have been installed at Broughton Retail Park, boosting the catering offer.

Read more here 

The ‘pop-up’ retail pod initiative is a way of looking beyond individual buildings to think about the spaces around them

11. Department store sales rose in July for the first time in 2019.

Monthly retail sales rose 0.2% - defying forecasts for a 0.2% fall - boosted by online sales. Read more on BBC

 

12. Three cheers for John Lewis as they lift the ‘dogs in shops’ ban!

Responsible owners can now bring their well-behaved pooches on their shopping trip as John Lewis lifts their dog ban.

 

Upside Down Houses

intu brings a topsy-turvy fantasy to intu Trafford with giant upside-down houses.

 

Get in touch if you would like to find out more, arrange a meeting or discuss any of this in more detail.

If you would like to receive this blog straight to your inbox every fortnight, sign up here

Our team are constantly searching for relevant news stories, so we thought we’d share some of the best ones we have been talking about recently with you.

PCG News Wrap Up 23rd August 2019