Hercules Unit Trust (HUT), a specialist retail park fund, managed by Schroder’s and advised by British Land, has stated that construction has begun on four schemes in its portfolio.
CEO of Wal-Mart Stores Inc., Doug McMillon, said the retailer is looking at using 3-D printers to produce supplies and is also considering buying into the market.
The fashion brand, Guess, is looking to expand substantially in the European market by opening an additional 50 stores, mostly under direct management.
Anyone who does not see the problems that retailers are facing with reduced store traffic, should listen to what the Chief Executive of Macy’s, Terry Lundgren, has to say