A slowdown in consumer spending is causing many of Yorkshire’s property, leisure and hotel businesses to slide into financial distress, according to new research from Begbies Traynor, the independent insolvency firm. Begbies Traynor’s latest quarterly Red Flag Alert data, which monitors the health of UK companies, found that 29,067 businesses in Yorkshire were experiencing ‘significant’…
The expansion will see the launch of two new concepts from the specialist retail and leisure developer. The first concept, BoxOffice, is a co-working space that will be incorporated into new Boxpark sites. The Boxpark and BoxOffice schemes will be between 50,000 and 150,000 sq ft with developments featuring the Boxpark streetfood and bars set…
The number of empty shops in town centres has reached its highest level since 2015, figures have shown. The national vacancy rate was 10.3 per cent in July, the highest since January 2015, according to the BRC (British Retail Consortium)-Springboard footfall and vacancies monitor. Footfall also fell by 1.9 per cent last month, marking the…
International Immersive Technology, Special, Kevin Williams of KWP, starts the first of a two-part feature including an overview of the emergence of “Pop-up” VR entertainment experiences into the retail and mall scene. Looking at the development of new Free-Roaming Entertainment platforms and the establishment of the Standalone Enclosures – and how these systems offer an…
