Westfield’s bailed on San Francisco, but it won’t in London, say experts BRICKS AND MORTAR RETAIL Westfield will hand back the keys to its flagship San Francisco mall following nearly two decades of ownership after it was battered by crime and the exit of its 350,000 ft flagship Nordstrom site. In recent years, the shopping centre’s occupancy level plummeted dramatically to around 55 per cent, with a host of household-name retailers [...]
London Westfield owner looks to Paris Olympics for sales boost Paris Olympics Westfield mall owner Unibail-Rodamco-Westfield (URW) believes the Paris Olympics will boost sales in 2024, with a number of its Viparis convention venues hosting events during games.
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement Retail The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
Westfield owner reports solid earnings as shopping centres show signs of recovery July 27, 2023 The owner of London’s Westfield shopping centres today reported a 1.6 per cent bump in earnings in the first half year, with net rental income across its property portfolio reaching €1.15bn (£989bn). Unibail-Rodamco-Westfield, which is headquartered in Paris, said EBITDA rose slightly by 1.6 per cent to €1.157bn (£993m). In its shopping centre division, which [...]
Westfield extends Disney media collaboration until 2024 February 17, 2022 Westfield have agreed a three-year extension to its long-term collaboration with Disney UK – tying the media company to Westfield London and Westfield Stratford City until December 2024. The new agreement will see 360 integration into Westfield’s media and experiential inventory, including event sponsorship, branded experiences, and co-branded digital and static media, as well as print and digital amplification. [...]
Grenfell campaigners outraged over Westfield owner’s plans for ‘death trap’ apartment block January 20, 2022 A developer has faced fury after plans for an apartment block twice the height of Grenfell with just one fire escape staircase. The 35-storey building has been proposed by the owner of the Westfield shopping centres, Unibail-Rodamco-Westfield (URW), and will be part of a complex of 1,760 new homes, the Guardian first reported. The apartment [...]
Stratford’s Westfield shopping centre evacuated after fire breaks out October 17, 2021 Westfield shopping centre in Stratford has been evacuated after a fire broke out in one of its stores. Police and around 60 firefighters arrived on the scene this morning, who have since controlled the blaze. While helicopters were reported to fly above the building. A Metropolitan Police spokesperson tweeted: “We are supporting LondonFire with evacuation [...]
Sports Direct ramps up London presence as Mike Ashley’s Frasers backs physical retail April 8, 2024 Frasers Group plans to open two Sports Direct stores in both London Westfield shopping centres, as the retail behemoth continues to back physical retail
Shoppers will be encouraged to wear masks inside Westfield shopping centres July 6, 2021 Shoppers at Westfield shopping centres will be encouraged to wear masks even after the legal requirement to do so is dropped. Jactina Rowsell, manager of Westfield shopping centre in White City, said in order to make shoppers and staff feel safe, masks would be encouraged in both London shopping centres. “We’re very aware and [...]
Westfield’s Tudor period September 28, 2020 Stepping well and truly from the shadow of big brother Rolex, Tudor has cut the ribbon on a spectacular debut European boutique, in partnership with Watches of Switzerland, right here in London Town. Alex Doak reports When Hans Wilsdorf patented the dial name ‘Tudor’ back in 1926, little could he have known what journey it [...]