One way around the problems of product supply issues is to build your own logistics centres. That’s exactly what British Land is doing, planning to turn empty spaces across the UK into urban distribution sites.
UK property giant British Land has said it has received “encouraging interest” from potential “high-quality” replacements to fill the still-vacant former Debenhams site at its part-owned Meadowhall centre in Sheffield.
Baby and kid-focused retailer Mamas & Papas is to extend its concessions business in Next stores following strong footfall and sales at its new concessions since the UK reopened non-essential stores last month.
With a capacity turnout and the introduction of a first-of-its-kind retail attraction, Meadowhall is in celebration mode. The mall welcomed crowds across the weekend, that saw visitors having to queue to gain entry.
We know it’s been a wildly unpredictable retail rollercoaster ride during a Covid Christmas trading period. So, as a bellwether of UK commercial property, how has British Land performed since its last update in November?