Retail news

• Hammerson faces shareholder rebellion over executive pay

  28-04-2019 15:04
  Shopping centre firm’s investors urged to vote against multimillion-pound paymentsHammerson, which owns shopping centres including the Bullring in Birmingham and Brent Cross in London, faces a potential shareholder rebellion this week over multimillion-pound share payouts to executives. The property company has been criticised by Institutional Investor Services (ISS), a shareholder advisory group, which has urged investors to vote against executive pay at Hammerson’s annual meeting i
  
  Read more

• The retail crisis is becoming landlords’ problem as demands for rent cuts pile up

  28-04-2019 08:00
  As the shutters go down on more and more shops, the commercial property sector is being backed into a cornerThere are some unpalatable high street trends doing the rounds at the moment, from tie-dye to zebra print and white jeans, but for shop owners the hardest thing to wear this season is the fashion for rent cuts.On Friday, the stricken department store chain Debenhams launched its long awaited company voluntary arrangement (CVA). It joins a list of retailers that already includes Mothercare,
  
  Read more

Follow @retailuknws on Twitter!