CGI of plans for Wigan Town Centre (image from Place North West)

Wigan: international joint venture to regenerate shopping centre

Cityheart, the consortium appointed earlier this month to deliver the £130m transformation of the Wigan shopping complex, propose building 464 homes, a six-screen cinema and a music venue. In addition, the scheme, which was originally predicted to cost £125m, would see a reduction in retail space and a focus on leisure, with a bowling alley and indoor mini-golf attraction also proposed. A hotel, food and beverage units and a 460-space car park also feature in the consortium’s plans, alongside a market hall that would feature a food hall, co-working space and…

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Green Radley bag - Krzysztof Hepner on Unsplash

Iconic British retailer signs at London Designer Outlet

The capital’s leading fashion and lifestyle outlet centre is set to re-open after the current lockdown with the addition of another brand. London Designer Outlet (LDO) has signed up the London-based accessories retailer Radley, reinforcing its reputation for quality and choice at outlet prices as it signs up the quality handbag retailer Radley, who design and craft stylish handbags and accessories…. …. visit Retail & Leisure International to read more

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Fairgrounds Square Mall in Reading, Pennsylvania

The $2bn ‘Mall Rats’ who bet against shopping malls and won

The inside story of a black sheep hedge fund, their massive bet that shopping malls would crash, and how they proved Wall Street wrong. Catie McKee, Dan McNamara, and their boss Marc Rosenthal had millions of dollars riding on Crystal Mall in Waterford, Connecticut. The trio worked at MP Securitized Credit Partners, a tiny Wall Street hedge fund, and they’d stopped by the typical middle class shopping center in search of signs of life: Who was at JCPenney? Claire’s? Hot Topic? ThriftBois? What was up at VAPE CITY or BrowArt23?…

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