4
NEWS
... In brief
Purley Way
Ethel Austin
loss hits
DTZ outsources
DTZ has outsourced its
small towns
UK and European retail The closure of discount
marketing team to creative chain Ethel Austin will impact
agency Madisonsoho.
woos JLP
on smaller towns hardest,
Eileen Connolly and her John Lewis will open its second John Lewis managing director, according to a retail expert.
team will continue to work new format shop, John Lewis at Andy Street said: “We’ve identified Jonathan De Mello, director
with existing DTZ clients. home, in Croydon, south London 30-50 locations which would of Retail and Property at
Connolly said: “Given the later this year. be suitable for the John Lewis at Experian, said that Ethel Austin
turbulent nature of the The new store will trade from home format and a decision on stores have a bigger presence
market at the moment, this 52,000 sq ft at the southern end this roll out will be taken in March. in small towns, so their loss
is an innovative solution of Purley Way on a site owned In the meantime, the opportunity will be more keenly felt.
which allows us to build on by Tesco. The deal follows a arose recently to lease an empty “Given the administration of
our existing strengths and successful opening of the first unit on Purley Way in Croydon Woolworths last year which
provide clients with even John Lewis at home in Poole last which met new format location had a major adverse effect on
more innovative marketing October. criteria.” smaller towns – with many ex-
services.” Woolworths stores still lying
vacant – the administration of
Westgate crowned Ethel Austin would be a major
The Crown Estate has blow, given Ethel Austin take
exchanged contracts with fairly large stores in prominent
Capital Shopping Centres high street locations in these
to buy the Westgate centres,” said De Mello.
Centre in Oxford. CSC and Administrators MCR were
partner LaSalle Investment called in after attempts to
Management landed approval arrange a refinancing deal for
for the £320m scheme in the clothing chain collapsed.
March 2007, with plans to
create 750,000 sq ft of
retail anchored by a John
Lewis store. James Cooksey,
CSC in
head of central London and
diversification at The Crown
demerger
A rewarding experience
The Mall has launched a nationwide loyalty card scheme. The ‘Reward
Estate said: “Westgate has a
central role to play in Oxford
plan
Me’ card gives shoppers exclusive deals at stores throughout The Mall
portfolio.
city centre’s retail landscape, Liberty International, parent The launch coincides with a joint promotion, as The Mall teams
and as a long-term investor, company of Capital Shopping up with Disney Parks for a portfolio-wide competition. Shoppers can
we are excited about Centres and Capital & Counties, enter for the chance to win one of 18 weekends away in Disneyland
improving the shopping is considering floating the two Paris with the family. The promotion, which ties in with Disney Parks’
experience and the existing as separate businesses. New Generation Festival, is supported by local advertising and point-
retail mix.” In a Stock Exchange of-sale material.
announcement, Liberty said: Mark Bourgeois, operations director at The Mall said: “We are
Belfast sales boost “The Board confirms that delighted to be working with Disney Parks to offer dream holidays to
Cross-border shoppers it is actively considering a our shoppers. The competition comes at a great time as we launch
and a string of new lettings reorganisation of the group our ‘Reward Me’ programme across The Mall portfolio. The two
boosted Christmas trade at by way of a demerger of a initiatives serve as a long-lasting thank you to our valued customers.”
Multi Development and CRI’s London focused entity from
Victoria Square in Belfast. its shopping centre business,
Centre manager Hugh Black Capital Shopping Centres.
said: “In some cases our “Such a transaction requires
retailers reported increases a number of third party
of more than thirty per cent approvals which have been
up on last year.” The latest requested and some of which
openings at the 800,000- are currently outstanding. The
sq ft mall include Hollister, Board will only be in a position
Exhibit, Timberland and New to decide whether to proceed
York City Nails. or not once it has progressed
these matters further. “
SHOPPING CENTRE February 2010 www.shopping-centre.co.uk
04-SCFeb10-News.indd 4 16/2/10 12:14:16
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