The retail sector in the UK is currently in the process of profound and rapid change.
In the grocery trade, new value entrants are providing significant challenge to the major supermarket operators. The "convenience" shop format and home deliveries have grown massively at the cost of large format supermarkets leaving operators with the challenge of what to do with the surplus space.
Shopping centres and high streets are both coming to terms with the growth in online sales. They are being forced to deliver stores and built environments that cater for increasingly sophisticated requirements of retailers and shoppers alike (to coin a British Land phrase) are "places that people prefer".
Our retail team have significant experience in acting for retailers, developers and investors including Sainsbury, Primark, British Land, Standard Life and the Stadium Group. Their wide knowledge and great understanding of the sector allows them to deliver insightful advice with real commercial value. This extends to different legal structures that are becoming more common in mixed use schemes involving retail, leisure and residential uses.