Commercial : Retail News
Lakeside secures new F&B deals, as Vue commits to major investment

Lakeside secures new F&B deals, as Vue commits to major investment 

Lakeside, the top five out-of-town super-regional destination owned and operated by SGS UK Retail, has announced the signing and opening of five leading food and beverage brands, and one UK debut.  The new additions are part of SGS’s strategy to continue to evolve Lakeside’s offer, and are complemented by an

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Waitrose Accelerates Expansion with New London and Manchester Stores

Waitrose Accelerates Expansion with New London and Manchester Stores

Waitrose has unveiled plans to open two new supermarkets in London and Manchester as part of its ambitious long-term growth strategy and £1bn investment programme. The retailer will launch new stores in Hale Barns, South Manchester, and Cricklewood in North West London, strengthening its presence in two key markets while

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Shaftesbury Capital Seals £13.7m in West End Leasing Deals

Shaftesbury Capital Seals £13.7m in West End Leasing Deals

Shaftesbury Capital has completed 151 leasing transactions across its prime Central London estate since the start of 2026, securing £13.7m in new contracted rent as demand for high-profile West End space remains strong. The real estate investment trust said the deals were agreed at rents averaging 18% ahead of previous

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CARNABY STREET SET TO WELCOME EME STUDIOS SET FOR UK DEBUT

Carnaby Street set to welcome Eme Studios set for UK debut 

Shaftesbury Capital has announced the signing of streetwear brand Eme Studios, set to open at 57 Carnaby Street. The arrival will mark the brand’s UK debut and its first permanent store outside of Spain. Eme Studios was born in Spain in 2018, inspired by modern streetwear aesthetics and culture. The brand currently operates physical locations in Madrid, Barcelona, and Valencia, and trades online in over

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EG On The Move expands UK forecourt network with MPK Garages deal

EG On The Move expands UK forecourt network with MPK Garages deal

EG On The Move has strengthened its UK forecourt presence with the acquisition of MPK Garages, a well-established petrol forecourt operator with a strong regional footprint. The deal includes 27 petrol forecourt sites, most of which are freehold. The sites operate under a mix of Valero, Texaco and Gulf fuel

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Redleaf completes new Tesco-anchored local centre in Swaffham

Redleaf completes new Tesco-anchored local centre in Swaffham

Developer, Redleaf, has reached Practical Completion for its new Tesco-anchored retail centre in Swaffham, Norfolk, with the convenience store now open to the public. Brandon Road Shopping Centre has been constructed by Warwick Burt Construction Ltd. of Northampton on behalf of Redleaf and will serve the local community, including residents

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Latest Issue
Issue 341 : Jun 2026

Commercial : Retail News

The Crown Estate signs Dubarry of Ireland for new UK flagship store

The Crown Estate signs Dubarry of Ireland for new UK flagship store

Premium footwear and clothing brand to take 1,362 sq ft at 6 Conduit Street The Crown Estate has today announced the signing of Dubarry of Ireland for a new UK flagship store at 6 Conduit Street, just off Regent Street. Occupying 1,362 sq ft, Dubarry has signed a 6-year lease for the new store, which will open this summer. The move represents an expansion from Dubarry’s existing Sloane Square location, giving the brand a stronger presence in central London and a prominent position close to Regent Street. Founded in Galway in 1937, Dubarry combines traditional craftsmanship with technical performance across footwear, clothing and accessories, creating products designed for outdoor lifestyles and long-term wear. The brand launched its first physical retail space in Dublin in 2012, followed by its first UK store in London in 2013 and Cheltenham in 2016. The latest signing marks the next stage in its UK growth, following a recent opening in Edinburgh. Dubarry of Ireland is the latest heritage-led brand to join The Crown Estate’s West End portfolio, sitting alongside iconic names such as Burberry, Barbour, and Mulberry, and most recently British travel brand Antler, whose Regent Street store opened in April 2026. The signing reinforces The Crown Estate’s strategy to curate a strong mix of quality brands across the Regent Street area. Adjacent streets such as Conduit Street play an important role, providing a complementary location to Regent Street for brands seeking central London visibility, strong footfall and access to a broad customer base of shoppers, residents, office workers and visitors. Laura Thursfield, Retail Leasing Director at The Crown Estate, said: “We are delighted to welcome Dubarry of Ireland to its new UK flagship store on Conduit Street. With its reputation for craftsmanship, quality and timeless design, the brand is ideally suited to the premium retail mix around Regent Street. “This signing reflects our continued focus on curating a balanced retail offer across the West End, bringing together established names, newer brands and evolving concepts that add variety, quality and character. This blend helps ensure the area continues to appeal to a broad range of visitors while maintaining its position as a world class destination for shopping, leisure and hospitality.” Michael Walsh, Marketing Director at Dubarry of Ireland, said: “Opening our new flagship store in The Crown Estate’s portfolio marks an exciting milestone for Dubarry. This location gives us the opportunity to showcase the full breadth of our collection in a setting that reflects both our heritage and our commitment to quality craftsmanship. As a brand with deep roots in Ireland, we are delighted to bring the Dubarry experience to one of London’s most prestigious retail destinations and look forward to welcoming both loyal customers and new audiences through our doors.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Lakeside secures new F&B deals, as Vue commits to major investment

Lakeside secures new F&B deals, as Vue commits to major investment 

Lakeside, the top five out-of-town super-regional destination owned and operated by SGS UK Retail, has announced the signing and opening of five leading food and beverage brands, and one UK debut.  The new additions are part of SGS’s strategy to continue to evolve Lakeside’s offer, and are complemented by an extensive investment by longstanding leisure anchor, Vue. Leading the new additions is GAIL’s, with the premium bakery and coffee shop committing to a 2,033 sq ft store on the lower level. GAIL’s joins other recent lifestyle additions to Lakeside, including The White Company, which recently opened. Black Sheep Coffee has signed to Lakeside, and will be launching in a 1,500 sq ft space on the lower level this summer, adding to the variety of coffee options available The strong demand for Lakeside among leading F&B brands has been evident with the arrival of Maki & Ramen and Smoke & Pepper, both having opened in recent weeks.  The operators provide more choice for visitors and extend Lakeside’s appeal as an evening destination for socialising Satisfying sustained visitor appetite for more grab-and-go options, Lakeside has also secured the UK debut of chocolate-themed dessert concept, Chocofay, and a second location for Pret, in 250 sq ft and 650 sq ft locations respectively The cinema anchor at Lakeside’s unique waterfront, Vue is investing in a transformation of its nine-screen experience, strengthening Lakeside’s leisure offer and complementing the retail and F&B mix to further boost its appeal as a lifestyle destination. The investment will include Vue’s latest recliner seating, its new premium large format Epic, proving enhanced colour and 3D sound, and a new foyer concept. Together, the enhancements will create a best-in-catchment cinema experience Rob Jewell, Managing Director of Asset Management at Pradera, commented: “Lakeside is revitalised, with investment in the destination attracting new brands and growing consumer loyalty to unprecedented levels.  Lakeside’s out-performance is becoming self-fulfilling too, with demand from new and existing brands outstripping supply.  This is reflected in these new F&B signings and openings; we have worked with each operator to create the ideal space, confident they will appeal to visitors from across our catchment.  They are all great additions to Lakeside that, combined with Vue’s investment, reinforce its position as the dominant destination in the catchment, one with a unique lifestyle offer.” Lakeside is a UK top five out-of-town super-regional destination (CACI).  Revitalised over the last three years, it is the location of choice in a catchment of 7.2 million people with £23.2 billion of available spend.  Framed by its signature lake and active waterfront, it provides a unique mix of retail and leisure that drives benchmark-setting performance. Smith Young and LM are Lakeside’s retail leasing agents, and Metis and LM lead the leisure leasing.  Pradera asset manages Lakeside on behalf of SGS UK Retail.  Forty Group acted for GAIL’s and Black Sheep Coffee represented themselves. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Waitrose Accelerates Expansion with New London and Manchester Stores

Waitrose Accelerates Expansion with New London and Manchester Stores

Waitrose has unveiled plans to open two new supermarkets in London and Manchester as part of its ambitious long-term growth strategy and £1bn investment programme. The retailer will launch new stores in Hale Barns, South Manchester, and Cricklewood in North West London, strengthening its presence in two key markets while continuing to modernise and expand its national estate. Together, the new supermarkets will provide more than 30,000 sq ft of retail space and are expected to open this autumn. The Hale Barns location is currently trading, while the Cricklewood store forms part of a newly developed site. The latest openings represent another significant step in Waitrose’s wider strategy to bring the brand closer to more customers through carefully selected locations and modern retail formats. Tina Mitchell, retail director at Waitrose, said the new stores are an important part of the company’s plans to expand its reach while continuing to deliver the quality, service and convenience that customers expect. The investment forms part of a broader programme that extends well beyond new store openings. Waitrose has identified supply chain modernisation, network expansion and estate improvement as key priorities for future growth. As part of this commitment, the retailer plans to refurbish 28 existing stores during the year, enhancing customer experience and ensuring its portfolio remains fit for the future. The programme reflects a growing trend among major retailers to invest in both physical stores and operational infrastructure as consumer expectations continue to evolve. The openings also support local employment, with existing Asda employees at the Hale Barns store set to transition into roles within Waitrose, while additional recruitment will take place across both locations. The announcement follows Waitrose’s recent move into the travel retail market, with its products now being stocked in four RELAY stores at Heathrow Terminal 2. The initiative marks the retailer’s first entry into airport retailing and forms part of a wider effort to reach customers through new channels and locations. With further investment planned across its store network, supply chain operations and customer experience initiatives, Waitrose continues to position itself for long-term growth while reinforcing confidence in the future of bricks-and-mortar retail. Building, Design & Construction Magazine | The Choice of Industry Professionals

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M&S Accelerates Store Investment as Retail Giant Opens 15 New Locations

M&S Accelerates Store Investment as Retail Giant Opens 15 New Locations

Marks & Spencer has continued its nationwide investment programme with the opening of 15 new stores over the past year as the retailer pushes ahead with plans to modernise its estate and strengthen long-term growth. In its preliminary results for the year ending 28 March 2026, M&S confirmed it had opened 12 new food stores alongside three new full-line locations as part of its wider store rotation and expansion strategy. The retailer said it is entering the 2026/27 financial year with a renewed focus on three core investment areas — supply chain modernisation, technology transformation and upgrading its store portfolio — with a strong pipeline of larger, high-volume stores now planned. The expansion reflects M&S’s ongoing strategy to reposition its estate around modern retail formats, stronger food-led locations and more efficient, digitally enabled operations designed to improve customer experience and long-term trading performance. Despite challenging market conditions, the business said it remains committed to investing in both quality and value while accelerating the pace of transformation across the company. M&S reported an adjusted pre-tax profit of £671.4m for the year, representing a year-on-year decline of 23.8%. Chief executive Stuart Machin said retailers continue to face a “triple whammy” of pressures, including increased taxation, greater regulation and ongoing global instability. However, he stressed that M&S remains focused on long-term investment and operational improvement rather than short-term challenges. Machin said the company’s priority is to “protect the magic of M&S while modernising the rest”, highlighting the momentum now building across the business. The retailer’s investment programme comes amid wider change across the UK retail property market, where major occupiers are increasingly prioritising modern, high-performing locations capable of supporting omnichannel retailing, operational efficiency and evolving customer expectations. M&S has continued to invest heavily in store upgrades, food hall expansion, digital infrastructure and logistics improvements as part of its long-term growth strategy. The company’s latest openings also reflect continued confidence in physical retail, particularly in high-footfall locations and convenience-led food formats, despite ongoing pressures across the wider retail sector. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Shaftesbury Capital Seals £13.7m in West End Leasing Deals

Shaftesbury Capital Seals £13.7m in West End Leasing Deals

Shaftesbury Capital has completed 151 leasing transactions across its prime Central London estate since the start of 2026, securing £13.7m in new contracted rent as demand for high-profile West End space remains strong. The real estate investment trust said the deals were agreed at rents averaging 18% ahead of previous passing levels, underlining continued confidence in key retail, leisure and hospitality destinations despite wider economic uncertainty. In a trading update released ahead of its annual general meeting, the group revealed that just 2% of estimated rental value across its portfolio is currently available to let, with a further 1.2% already under offer. Across Covent Garden, a series of new lettings and renewals have continued to strengthen the destination’s luxury and lifestyle appeal. Tiffany & Co. renewed its lease on James Street, while new arrivals include Covent Garden Market Bar by Inception Group and fragrance retailer INITIO Parfums Privés within the Market Building. Dining concept Burro has also opened in Floral Court. At Seven Dials, new occupiers include Code8 Beauty, menswear label Percival, eyewear brand MONC and outdoor-inspired retailer Islander. Carnaby Street has also seen significant activity, with seven new concepts introduced so far this year. These include fashion retailer Edikted, opening its first store outside the United States, and Sephora, which is preparing to launch its first West End location this summer. French fashion brands Kookaï and K-Way have also arrived, alongside an expanded store for Subdued. Elsewhere in Soho, Vagabond Wines is set to open a new venue on Ganton Street, while Italian restaurant Padella has launched on Kingly Street. Shaftesbury Capital’s Chinatown estate has now reached full occupancy following the opening of POP MART’s largest London store on Charing Cross Road and the expansion of Darjeeling Express into a larger Rupert Street restaurant. The group also confirmed continued investment into refurbishment and asset management initiatives, with £12.3m of estimated rental value currently under refurbishment across 149,000 sq ft of space. Since the start of the year, Shaftesbury Capital has invested £16m into capital expenditure and targeted acquisitions. Chief executive Ian Hawksworth said the business had made a strong start to 2026, highlighting robust leasing demand, high occupancy levels and the resilience of the company’s prime West End portfolio. Building, Design & Construction Magazine | The Choice of Industry Professionals

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CARNABY STREET SET TO WELCOME EME STUDIOS SET FOR UK DEBUT

Carnaby Street set to welcome Eme Studios set for UK debut 

Shaftesbury Capital has announced the signing of streetwear brand Eme Studios, set to open at 57 Carnaby Street. The arrival will mark the brand’s UK debut and its first permanent store outside of Spain. Eme Studios was born in Spain in 2018, inspired by modern streetwear aesthetics and culture. The brand currently operates physical locations in Madrid, Barcelona, and Valencia, and trades online in over 100 countries. The new 1,500 sq ft Carnaby Street store will feature a refined collection of men’s, women’s, and unisex pieces, including knitwear, jackets, and other apparel. The chic and timeless interior will translate the brand’s signature aesthetic, fostering a sense of exclusivity.  The brand’s decision to enter the UK market with a first-ever bricks-and-mortar store reflects Eme Studios’ strategic expansion, targeting Soho for its reputation as a world-famous shopping and cultural hub, and successful launchpad. Eme Studios follows in the footsteps of several international brands that started their UK journey in Soho, including the likes of Adidas Originals, Axel Arigato, Autry, and Alohas. William Oliver, Director of Retail & Restaurant Leasing at Shaftesbury Capital, said: “Carnaby Street is a timeless, iconic destination that offers the ideal environment for digitally native brands to start physical retail journeys in the UK. Eme Studios complements our existing brand mix at the southern gateway into Carnaby Street, with its culture-driven clothingmatching consumer demand. Given the success of Edikted, TALA, Sheep Inc, and other digitally native brands, it is clear why Carnaby Street and Soho continue to be first-choice for these best-in-class retailers.” Gabriel Morón, Co-Owner of Eme Studios, commented: “Expanding into the UK has always been a goal for us, so securing a location that aligned with our vision was crucial. Carnaby Street offers a global platform and attracts the type of audience that resonates with our uniqueaesthetic. The success we have seen both online and in Spain has demonstrated the brand’s long-term potential, and establishing a presence in Soho is instrumental in solidifying our position in one of the most competitive retail markets.” Eme Studios will sit at the Southern gateway of Carnaby Street, joining other high-calibre brands, Farm Rio, TALA, and the recent addition of Edikted. The new 4,800 sq ft store for the latter also marked a UK debut, and first location outside of the US, bringing its signature street-style and runway-inspired womenswear to the heart of Soho. Building, Design & Construction Magazine | The Choice of Industry Professionals

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EG On The Move expands UK forecourt network with MPK Garages deal

EG On The Move expands UK forecourt network with MPK Garages deal

EG On The Move has strengthened its UK forecourt presence with the acquisition of MPK Garages, a well-established petrol forecourt operator with a strong regional footprint. The deal includes 27 petrol forecourt sites, most of which are freehold. The sites operate under a mix of Valero, Texaco and Gulf fuel brands, with Nisa-branded retail stores forming part of the customer offer. The acquisition marks another step in EG On The Move’s national growth strategy, taking the group close to 200 locations across the UK. It also increases the company’s presence across the Midlands, where MPK has built a respected and established network. EG On The Move said the purchase provides a strong platform for further investment across the acquired estate. Plans include improving the non-fuel retail offer, with an enhanced foodservice proposition, wider grocery range and broader merchandise selection expected to be introduced across the sites. Zuber Issa, CEO of EG On The Move, said the acquisition represented an important move in the company’s UK expansion plans, describing MPK as a highly respected operator with a strong Midlands presence. Wayne Harrand, CEO of MPK, said the business had invested heavily in its people and estate since 2018. He added that EG On The Move shared a similar approach and was well placed to enhance the customer offer across the MPK sites, while delivering long-term value and improved financial performance across the combined network. The transaction further highlights continued investment in the UK forecourt sector, as operators look to broaden convenience, foodservice and retail services beyond traditional fuel sales. Building, Design & Construction Magazine | The Choice of Industry Professionals

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British Land unveils major Glasgow Fort expansion with Scotland’s biggest M&S planned

British Land unveils major Glasgow Fort expansion with Scotland’s biggest M&S planned

British Land has submitted plans for a major 60,000 sq ft extension at Glasgow Fort, in a move that could significantly expand the shopping park’s retail and leisure offer. The proposals include a major enlargement of the existing M&S store, adding more than 32,000 sq ft of space. If approved, the upgraded store would become the retailer’s largest in Scotland, creating a flagship destination for shoppers at one of the country’s busiest retail parks. The wider plans also include an improved leisure offer, with new attractions such as bowling and arcades proposed as part of the development. British Land said the expansion has been shaped by feedback from two public consultation events held last year, as well as growing demand from visitors. Glasgow Fort has seen strong trading momentum, with the retail park recording its highest-ever visitor numbers in 2025. Footfall has risen by 8% over the past 12 months, supported by demand across fashion, health and beauty, food and drink, and wider lifestyle categories. M&S said the proposed extension would allow it to provide a larger and more modern store for customers in Scotland. Rachel Rankine, regional manager at M&S, said the plans would create a standout destination at Glasgow Fort, with more space to showcase the retailer’s food, fashion, home and beauty ranges. British Land said the application reflects its confidence in Glasgow Fort’s long-term growth and the continued strength of well-located retail parks. The company said the scheme would be one of the first significant retail and leisure developments to come forward in the UK in recent years, pointing to renewed confidence in the sector. Matt Reed, head of asset management at British Land, said the company is continuing to invest in and evolve Glasgow Fort to meet changing consumer habits. He said the aim is to create a vibrant environment that supports retailers while giving visitors more reasons to spend time at the destination. If approved, the expansion would further strengthen Glasgow Fort’s position as one of the UK’s leading retail park destinations, combining larger-format shopping with leisure and food and drink uses. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Redleaf completes new Tesco-anchored local centre in Swaffham

Redleaf completes new Tesco-anchored local centre in Swaffham

Developer, Redleaf, has reached Practical Completion for its new Tesco-anchored retail centre in Swaffham, Norfolk, with the convenience store now open to the public. Brandon Road Shopping Centre has been constructed by Warwick Burt Construction Ltd. of Northampton on behalf of Redleaf and will serve the local community, including residents moving into Cygnet Rise, a new development in the town by Abel Homes. The new shopping centre totals 9,150 sq ft and having brought in Tesco Express as the anchor store, Redleaf has also exchanged contracts with national coffee operator, Esquires. Further retailers will be confirmed in due course. Approximately 3,600 sq ft of commercial space remains and the scheme benefits from planning consent for all retail uses – A1, A2, A3, A4 and A5. Sui Generis uses would require consent. Minimum unit size 800 sq ft and the development includes 36 demised car parking spaces. Interest in the remaining space can be discussed directly with Redleaf. To mark the completion of the new local centre, Redleaf founder Paul Bishton and Abel Homes managing director Paul LeGrice visited the site to inspect the new units. Paul Bishton comments: “Very proud to see this latest Redleaf development achieve PC. We’ve really pushed the boat in terms of design and Warwick Burt has done a fantastic job with the build. It’s great to see Tesco trading and with Esquires commencing its fit out imminently, I can’t wait to bring more great brands to the centre. Redleaf prides itself on delivering high-quality commercial developments and Brandon Road Shopping Centre is a fine addition to our portfolio.” Rory Bartlett, Head of Operations at Esquires Coffee, said: “We’re really pleased to be joining Brandon Road Shopping Centre and becoming part of the Swaffham community. The development is a great fit for Esquires, clearly designed as a real community hub. We’re looking forward to opening a welcoming space for customers to enjoy great coffee, quality food and a relaxed environment as the scheme continues to grow.” Speaking about the broader development, Mr LeGrice added: “Our Cygnet Rise development is very much about creating a new community, providing a new local centre, a care home and assisted living units, as well as much-needed new homes. “We are delighted to be delivering another key component of the community so early in the scheme’s programme, fulfilling the promises we made when we brought plans for the site forward.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Lidl accelerates UK expansion with 100 site wish list and major development pipeline

Lidl accelerates UK expansion with 100 site wish list and major development pipeline

Lidl GB has unveiled a new list of more than 100 target locations across the UK, underlining the scale of its ongoing expansion strategy and continued investment in its store estate. The discount retailer is actively seeking freehold, leasehold and long leasehold opportunities, with a broad geographic spread ranging from Garthdee in Aberdeen and Aldgate in London to Ystradgynlais in Wales and Windsor in Berkshire. To support its land acquisition strategy, Lidl has confirmed it will offer a competitive finder’s fee for sites that lead to successful store development. The announcement builds on a period of sustained growth for Lidl in the UK, driven by an ambitious new build programme and a highly disciplined approach to estate management. Earlier this year, the retailer confirmed plans to open more than 50 new stores over the next 12 months as part of a £600 million investment, reinforcing its position as one of the most active developers in the UK food retail sector. Lidl’s expansion has been characterised by a focus on well located, high efficiency stores, typically delivered through new build formats or carefully selected urban and suburban sites. Its standardised store model allows for rapid delivery, cost control and operational consistency, while also enabling flexibility across different site conditions. Increasingly, stores are being delivered with strong sustainability credentials, including energy efficient design, solar installations and electric vehicle charging provision. Alongside new development, Lidl continues to invest in its existing estate through refurbishment and extension programmes, ensuring that stores remain aligned with customer expectations and operational requirements. This active asset management strategy has supported strong trading performance and helped drive footfall across both new and established locations. The retailer’s logistics infrastructure has also expanded in parallel with its store network, ensuring that supply chain capacity keeps pace with growth. New distribution centres and upgrades to existing facilities are enabling Lidl to maintain efficiency while supporting further rollout across the UK. Richard Taylor, chief real estate officer at Lidl GB, said the company remains committed to delivering high quality, accessible stores to more communities nationwide. He highlighted that each new store not only provides affordable products but also creates local employment opportunities and supports British suppliers. Lidl’s growth trajectory has been reinforced by its strong market performance, with the retailer maintaining a prolonged period as the fastest growing bricks and mortar supermarket in the UK. The opening of its 1,000th store in East Grinstead marked a key milestone in its expansion, with further growth expected as new sites are secured and developed. For the property sector, Lidl’s latest site requirements highlight continued demand for retail led development opportunities, particularly in well connected urban and suburban locations. Its consistent delivery model, combined with long term investment in both development and asset management, positions the retailer as a key occupier driving activity across the UK real estate market. Building, Design & Construction Magazine | The Choice of Industry Professionals

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