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Westfield eyeing Xmas retailer boost

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My retail news correspondent colleague Annabel Dixon has written a good story in this Saturday's magazine about Westfield's success just now in securing new retailers stratfordcity.jpgat the Olympics site.

I've asked her to do a guest blog here about it all - so you read it here first:

Annabel writes: Speculation has been mounting recently over who will be the first retailers to sign at Westfield's Stratford City shopping centre since John Lewis and Marks & Spencer were confirmed as anchor tenants back in 2006.

The Australian developer has been locked in leasing meetings at the recent round of industry conferences, including the BCSC conference in Manchester, and there are a growing number of tours of the site by retailers and their agents.

There is no doubt that the ruckus over service charges at Westfield London left a nasty taste in retailers' mouths. However, major brands, including US fashion brand Forever 21, budget fashion retailer Primark, health and beauty chain Boots, newsagents WHSmiths and high street fashion retailers H&M and Next, are all edging closer and closer to signing on the dotted line.

Sir Philip Green's Arcadia has also been in lengthy discussions with Westfield on most of its brands, including its star performer, Topshop.

But there remain a number of big name retailers that are watching and waiting in the wings to see how the first lettings go and no doubt eyeing how much Westfield will offer to lure them into the shopping centre.

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This page contains a single entry by Paul Norman published on December 11, 2009 11:41 AM.

Olympics man off to property's biggest job was the previous entry in this blog.

ODA updates on legacy transformation plans is the next entry in this blog.

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