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	<title>Soult&#039;s Retail View &#187; Capital Shopping Centres</title>
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	<description>Blogging about shops, by North East retail consultant and analyst Graham Soult</description>
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		<title>Work on new Metrocentre Primark well underway</title>
		<link>http://www.soultsretailview.co.uk/2011/03/26/work-on-new-metrocentre-primark-well-underway/</link>
		<comments>http://www.soultsretailview.co.uk/2011/03/26/work-on-new-metrocentre-primark-well-underway/#comments</comments>
		<pubDate>Sat, 26 Mar 2011 15:20:18 +0000</pubDate>
		<dc:creator>Graham Soult</dc:creator>
				<category><![CDATA[Fashion Stores]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Shopping Centres]]></category>
		<category><![CDATA[Woolworths]]></category>
		<category><![CDATA[Capital Shopping Centres]]></category>
		<category><![CDATA[Metrocentre]]></category>
		<category><![CDATA[Primark]]></category>

		<guid isPermaLink="false">http://www.soultsretailview.co.uk/?p=4749</guid>
		<description><![CDATA[I was at Metrocentre yesterday, and noted that work seems to be progressing well on Primark&#8217;s redevelopment of the former Woolworths unit. Though Primark&#8217;s relocation from its existing ex-Littlewoods unit had been rumoured for the best part of a year, the news was only confirmed in January. The new store is set to occupy 74,500 [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_4753" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2011/03/woolworths_metrocentre_graham_soult4.jpg"><img class="size-medium wp-image-4753" title="Rear of former Woolworths, MetroCentre (25 Mar 2011). Photograph by Graham Soult" src="http://www.soultsretailview.co.uk/wp-content/uploads/2011/03/woolworths_metrocentre_graham_soult4-300x225.jpg" alt="Rear of former Woolworths, MetroCentre (25 Mar 2011). Photograph by Graham Soult" width="300" height="225" /></a><p class="wp-caption-text">Rear of former Woolworths, MetroCentre (25 Mar 2011)</p></div>
<p style="text-align: left;">I was at Metrocentre yesterday, and noted that work seems to be progressing well on Primark&#8217;s redevelopment of the former Woolworths unit.</p>
<p>Though Primark&#8217;s relocation from its existing ex-Littlewoods unit had been <a title="“Major value fashion anchor” for MetroCentre Woolies site [internal link in new window]" href="http://www.soultsretailview.co.uk/2010/11/07/major-value-fashion-anchor-for-metrocentre-woolies-site/" target="_blank">rumoured for the best part of a year</a>, the news was <a title="Capital Shopping Centres - Retail Letting - Newcastle upon Tyne, Metrocentre, Gateshead [external link in new window]" href="http://www.propertymall.com/press/article/24363" target="_blank">only confirmed in January</a>. The new store is set to occupy 74,500 sq ft &#8211; seemingly larger than <a title="Capital Shopping Centres Group PLC Investors &amp; analysts trip to Newcastle &amp; Gateshead 8 June 2010 [external link in new window]" href="http://www.capital-shopping-centres.co.uk/files/presentation/67577/Eldon_Square_and_MetroCentre___Investors___analysts_presentation_8_June_2010.pdf" target="_blank">originally suggested</a> &#8211; incorporating the former Woolworths site, some extra adjacent space, and the new 15,000 sq ft rear extension that was <a title="“Major value fashion anchor” for MetroCentre Woolies site [internal link in new window]" href="http://www.soultsretailview.co.uk/2010/11/07/major-value-fashion-anchor-for-metrocentre-woolies-site/" target="_blank">granted planning permission last May</a>.</p>
<p>Though there&#8217;s nothing new to be seen from the boarded-off mall side, the rear of the store looks like it&#8217;s being prepared in readiness for the extension. The old Woolies signage has gone, along with all the brick cladding, exposing the steel frame underneath.</p>
<div id="attachment_4754" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2011/03/woolworths_metrocentre_graham_soult3.jpg"><img class="size-medium wp-image-4754" title="...and a similar view three months ago (14 Dec 2011). Photograph by Graham Soult" src="http://www.soultsretailview.co.uk/wp-content/uploads/2011/03/woolworths_metrocentre_graham_soult3-300x225.jpg" alt="...and a similar view three months ago (14 Dec 2011). Photograph by Graham Soult" width="300" height="225" /></a><p class="wp-caption-text">...and a similar view three months ago (14 Dec 2011)</p></div>
<p>As far as I&#8217;m aware, no opening date for the new Primark has been confirmed. Back in November, Capital Shopping Centres&#8217; <a title="Cap Shop Ctrs Grp - Interim Management Statement" href="http://www.investegate.co.uk/Article.aspx?id=201011030700055012V" target="_blank">interim management statement for the period 1 July to 3 November 2010</a> suggested that the then-unnamed &#8220;major value fashion anchor&#8221; on the former Woolworths site had &#8220;a target opening of July 2011&#8243;. However, given the amount of work still to do, this now seems unrealistic.</p>
<p><a title="Primark [external link in new window]" href="http://www.primark.co.uk/" target="_blank">Primark&#8217;s rather rudimentary website</a> is little help either. Though there&#8217;s a &#8216;Future Stores&#8217; link from the homepage, the <a title="Primark - Store Locator - Future Stores [external link in new window]" href="http://www.primark.co.uk/page.aspx?pointerid=feb563203a6848688b904e7007d1551f&amp;stores=AreNew" target="_blank">map that it directs to</a> doesn&#8217;t show any future stores at all, while the site&#8217;s <a title="Primark - News Stories [external link in new window]" href="http://www.primark.co.uk/page.aspx?pointerid=c6af0127d7ba4048986d9cb732876ac8" target="_blank">&#8216;News Stories&#8217; section</a> hasn&#8217;t been updated since October. Primark does have a reputation for hiding its light under a bushel as far as PR and the media is concerned, but it always surprises me that one of the UK&#8217;s most talked about retail businesses has such an underwhelming web presence.</p>
<p>Next&#8217;s extension and redevelopment of a slightly smaller space in Newcastle&#8217;s Eldon Square &#8211; set to <a title="Newcastle’s new Next readies for April opening [internal link in new window]" href="http://www.soultsretailview.co.uk/2011/02/28/newcastles-new-next-readies-for-april-opening/" target="_blank">open next month</a> &#8211; has taken the best part of a year, so it wouldn&#8217;t surprise me if Primark&#8217;s target is to be open in time for Christmas 2011. Something tells me that Tyneside shoppers will flock to the store whenever it opens, regardless of how much &#8211; or little &#8211; information we&#8217;re fed in the meantime.</p>
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		<title>Confirmed: Newcastle&#8217;s Green Market to close in January</title>
		<link>http://www.soultsretailview.co.uk/2010/08/18/confirmed-newcastles-green-market-to-close-in-january/</link>
		<comments>http://www.soultsretailview.co.uk/2010/08/18/confirmed-newcastles-green-market-to-close-in-january/#comments</comments>
		<pubDate>Tue, 17 Aug 2010 23:21:39 +0000</pubDate>
		<dc:creator>Graham Soult</dc:creator>
				<category><![CDATA[Fashion Stores]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Shopping Centres]]></category>
		<category><![CDATA[Capital Shopping Centres]]></category>
		<category><![CDATA[Eldon Square]]></category>
		<category><![CDATA[Grainger Market]]></category>
		<category><![CDATA[Greenmarket]]></category>
		<category><![CDATA[Internaçionale]]></category>
		<category><![CDATA[MK One]]></category>
		<category><![CDATA[New Look]]></category>
		<category><![CDATA[Newcastle]]></category>
		<category><![CDATA[St Andrew's Way]]></category>
		<category><![CDATA[Urban Outfitters]]></category>
		<category><![CDATA[WHSmith]]></category>

		<guid isPermaLink="false">http://www.soultsretailview.co.uk/?p=3163</guid>
		<description><![CDATA[Since I broke the story, in January, official confirmation of the closure of Newcastle&#8217;s Green Market at High Friars has been rather slow in coming. Even back then, I argued that &#8220;the lack of any coverage – or perhaps even awareness – of what appears to be the current Green Market’s impending closure is surprising.&#8221;  As I [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_3165" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2010/08/green_market_graham_soult2.jpg"><img class="size-medium wp-image-3165" title="Entrance to Green Market, Newcastle. Photograph by Graham Soult" src="http://www.soultsretailview.co.uk/wp-content/uploads/2010/08/green_market_graham_soult2-300x225.jpg" alt="Entrance to Green Market, Newcastle. Photograph by Graham Soult" width="300" height="225" /></a><p class="wp-caption-text">Entrance to Green Market, Newcastle</p></div>
<p>Since I <a title="Three-storey retail tenant “secured” to replace Newcastle’s Green Market" href="http://www.soultsretailview.co.uk/2010/01/25/three-storey-retail-tenant-secured-to-replace-newcastles-green-market/" target="_blank">broke the story</a>, in January, official confirmation of the closure of Newcastle&#8217;s Green Market at High Friars has been rather slow in coming. Even back then, I argued that &#8220;the lack of any coverage – or perhaps even awareness – of what appears to be the current Green Market’s impending closure is surprising.&#8221; </p>
<p>As I <a title="Newcastle city centre updates – Currys, Cotswold and Clinton’s" href="http://www.soultsretailview.co.uk/2010/08/06/newcastle-city-centre-updates-currys-cotswold-and-clintons/" target="_blank">wrote a couple of weeks ago</a>, however, notices on Newcastle City Council letterheads, posted around the market, are now confirming that it will close on 31 January 2011, and the story has been picked up today by both <a title="Newcastle market preparing to close doors" href="http://www.bbc.co.uk/news/uk-england-tyne-11004224" target="_blank">BBC News</a> and the <a title="Historic Greenmarket set to close for good" href="http://www.chroniclelive.co.uk/north-east-news/evening-chronicle-news/2010/08/17/historic-greenmarket-set-to-close-for-good-72703-27077593/" target="_blank">Evening Chronicle</a>. </p>
<p>Though the market has only operated from its current site for the last three years, there has been, as the Chronicle notes, a Greenmarket in Newcastle for the past four centuries. While the current incarnation at High Friars may be a rather sad, mostly empty version compared to its predecessors, its demise will signal the end of one of Newcastle&#8217;s most long-established retail &#8216;brands&#8217;. </p>
<p>Interestingly, the BBC article remarks that &#8220;the departure of the market will make way for a fashion retailer&#8221;, though it&#8217;s unclear from where this information has been sourced. However, it echoes my earlier observation of a <a title="Three-storey retail tenant “secured” to replace Newcastle’s Green Market" href="http://www.soultsretailview.co.uk/2010/01/25/three-storey-retail-tenant-secured-to-replace-newcastles-green-market/" target="_blank">new tenant being &#8220;secured&#8221;</a> for the three-storey retail unit that will replace the Green Market, and does nothing to dispel the <a title="Three-storey retail tenant “secured” to replace Newcastle’s Green Market" href="http://www.skyscrapercity.com/showthread.php?t=980870&amp;page=13" target="_blank">still-persistent rumours of Urban Outfitters</a> being the retailer in question.</p>
<div id="attachment_1428" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2010/01/grainger_street_newcastle_graham_soult3.jpg"><img class="size-medium wp-image-1428" title="Expected entrance for new fashion store from Grainger Street. Photograph by Graham Soult" src="http://www.soultsretailview.co.uk/wp-content/uploads/2010/01/grainger_street_newcastle_graham_soult3-300x225.jpg" alt="Expected entrance for new fashion store from Grainger Street. Photograph by Graham Soult" width="300" height="225" /></a><p class="wp-caption-text">Expected entrance for new fashion store from Grainger Street</p></div>
<p style="text-align: left;">Spare a thought, however, for the few tenants that are still trading in the Green Market, and who now face the further upheaval &#8211; if they have the energy and inclination &#8211; of moving into the Grainger Market. </p>
<p>When the current, 15-unit site was launched in 2007, following a £1m refurbishment, it was <a title="Advertisement Feature - Your new-look indoor market" href="http://www.thefreelibrary.com/Advertisement+Feature+-+Your+new-look+indoor+market-a0163793362" target="_blank">heralded as being &#8220;fresh&#8221;, &#8220;new&#8221; and &#8220;modern&#8221;</a>, with &#8220;a prime location&#8230; right next to MK One and New Look&#8221;, but with every intention that a new, permanent Greenmarket would be built as part of the St Andrew&#8217;s Way extension. </p>
<p>With those plans subsequently abandoned, and the &#8216;temporary&#8217; Green Market too small and isolated to really take off &#8211; especially since New Look&#8217;s departure for the Eldon Square extension &#8211; the Green Market at High Friars was always likely to struggle as a longer-term enterprise.</p>
<p>Interestingly, the fact that the new &#8216;fashion retailer&#8217; will be accessed from Grainger Street (<a title="Three-storey retail tenant “secured” to replace Newcastle’s Green Market" href="http://www.soultsretailview.co.uk/2010/01/25/three-storey-retail-tenant-secured-to-replace-newcastles-green-market/" target="_blank">with access from Eldon Square itself due to be blocked up</a>) is only likely to compound the problems facing the shopping centre&#8217;s High Friars section. A mall leading only to the toilets, a branch of Internaçionale (in the former MK One unit) and the escalator down to Nelson Street is hardly going to draw the crowds.</p>
<div id="attachment_3170" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2010/08/nelson_street_graham_soult2.jpg"><img class="size-medium wp-image-3170" title="Nelson Street, with the Green Market access on the left (17 Jun 2010). Photograph by Graham Soult" src="http://www.soultsretailview.co.uk/wp-content/uploads/2010/08/nelson_street_graham_soult2-300x225.jpg" alt="Nelson Street, with the Green Market access on the left (17 Jun 2010). Photograph by Graham Soult" width="300" height="225" /></a><p class="wp-caption-text">Nelson Street, with the Green Market access on the left (17 Jun 2010)</p></div>
<p>Securing a really strong anchor to reoccupy the large, two-storey former New Look unit will therefore be crucial. To encourage flow around that end of the shopping centre, it will be much better to have one retailer occupying both levels, preferably also with a reopened direct entrance on to Nelson Street, as was the case when the site housed WHSmith.</p>
<p>It may even be worth trying to carve out a larger unit from the old New Look, the current Internaçionale, and the mall in between, to create a sizable, modern unit that may appeal to a retailer such as <a title="Posts Tagged ‘Clas Ohlson’" href="http://www.soultsretailview.co.uk/tag/clas-ohlson/" target="_blank">Clas Ohlson</a> &#8211; already represented in Capital Shopping Centres&#8217; <a title="Portfolio - Capital Shopping Centres" href="http://www.capital-shopping-centres.co.uk/about/portfolio/" target="_blank">malls at Watford and Manchester</a> &#8211; or Zara.</p>
<div id="attachment_3171" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2010/08/eldon_square_high_friars_entrance_graham_soult.jpg"><img class="size-medium wp-image-3171" title="High Friars entrance to Eldon Square (22 Jan 2010). Photograph by Graham Soult" src="http://www.soultsretailview.co.uk/wp-content/uploads/2010/08/eldon_square_high_friars_entrance_graham_soult-300x225.jpg" alt="High Friars entrance to Eldon Square (22 Jan 2010). Photograph by Graham Soult" width="300" height="225" /></a><p class="wp-caption-text">High Friars entrance to Eldon Square (22 Jan 2010)</p></div>
<p>Ultimately, however, full redevelopment of the Sidgate and High Friars end of Eldon Square &#8211; preferably including reinstatement of the historic link between Clayton Street and Old Eldon Square, and a livelier frontage to Blackett Street &#8211; may be the radical solution that&#8217;s needed.</p>
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		<title>Is Apple Store coming to Newcastle&#8217;s Eldon Square?</title>
		<link>http://www.soultsretailview.co.uk/2009/09/29/is-apple-store-coming-to-newcastles-eldon-square/</link>
		<comments>http://www.soultsretailview.co.uk/2009/09/29/is-apple-store-coming-to-newcastles-eldon-square/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 23:15:53 +0000</pubDate>
		<dc:creator>Graham Soult</dc:creator>
				<category><![CDATA[Fashion Stores]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Apple Store]]></category>
		<category><![CDATA[Arcadia]]></category>
		<category><![CDATA[Arndale Centre]]></category>
		<category><![CDATA[Capital Shopping Centres]]></category>
		<category><![CDATA[Debenhams]]></category>
		<category><![CDATA[Eldon Square]]></category>
		<category><![CDATA[Gateshead]]></category>
		<category><![CDATA[Manchester]]></category>
		<category><![CDATA[Meadowhall]]></category>
		<category><![CDATA[Metrocentre]]></category>
		<category><![CDATA[New Look]]></category>
		<category><![CDATA[Newcastle]]></category>
		<category><![CDATA[River Island]]></category>
		<category><![CDATA[Sheffield]]></category>
		<category><![CDATA[Superdry]]></category>
		<category><![CDATA[Top Shop]]></category>
		<category><![CDATA[Trafford Centre]]></category>

		<guid isPermaLink="false">http://www.soultsretailview.co.uk/?p=454</guid>
		<description><![CDATA[It certainly looks like it, according to the latest, publically available version of the Eldon Square South letting plan.[broken link removed] What&#8217;s more, it also appears that there&#8217;s going to be a branch of the trendy fashion brand of the moment, Superdry. Here&#8217;s a screenshot: At present, the only Apple Stores in the north of England are [...]]]></description>
			<content:encoded><![CDATA[<p>It certainly looks like it, according to the latest, publically available version of the Eldon Square South letting plan.<sup><em>[broken link removed]</em></sup> What&#8217;s more, it also appears that there&#8217;s going to be a branch of the trendy fashion brand of the moment, <a title="Superdry" href="http://www.superdry.co.uk/" target="_blank">Superdry</a>.</p>
<p>Here&#8217;s a screenshot:</p>
<div id="attachment_455" class="wp-caption aligncenter" style="width: 310px"><a href="http://www.soultsretailview.co.uk/wp-content/uploads/2009/09/screenshot_es_south_lettings_sep_2009.jpg"><img class="size-medium wp-image-455" title="Screenshot of ES South lettings map, September 2009" src="http://www.soultsretailview.co.uk/wp-content/uploads/2009/09/screenshot_es_south_lettings_sep_2009-300x223.jpg" alt="Screenshot of ES South lettings map, September 2009" width="300" height="223" /></a><p class="wp-caption-text">Screenshot of ES South lettings map, September 2009</p></div>
<p>At present, the only <a title="Apple Retail Stores (United Kingdom)" href="http://www.apple.com/uk/retail/" target="_blank">Apple Stores</a> in the north of England are in Manchester (Trafford Centre and Arndale Centre) and at Sheffield&#8217;s Meadowhall. If it all goes through, Apple Store coming to Newcastle would therefore be a real coup for Eldon Square&#8217;s majority owners, Capital Shopping Centres (CSC).</p>
<p>Indeed, Apple Store and Superdry are particularly welcome additions to Eldon Square in that they are retailers new to Newcastle (though Superdry, admittedly, already has a store at Gateshead&#8217;s MetroCentre). As I <a title="Who or what is Clas Ohlson?" href="http://www.soultsretailview.co.uk/2009/08/09/who-or-what-is-clas-ohlson/" target="_blank">noted before</a>, with the exception of Debenhams, ES South&#8217;s early major lettings &#8211; New Look, River Island, the Arcadia brands &#8211; were all relocations from existing pitches in Eldon Square. Back in June, this lack of new names led the retail industry journal Retail Week to devote an <a title="Newcastle: Retailers’ move to Eldon Square extension leaves voids in existing centre" href="http://www.retail-week.com/property/in-town/newcastle/newcastle-retailers-move-to-eldon-square-extension-leaves-voids-in-existing-centre/5003927.article" target="_blank">in-depth &#8211; if perhaps overly negative &#8211; article</a> to what they described as CSC&#8217;s &#8220;hollow victory&#8221;.</p>
<p>However, this latest news on lettings begins to suggest a better balance between old and new names, as well as indicating that there are only six of the 25 new units left to fill. This raises the prospect that ES South could, when it opens next spring, be more or less fully let &#8211; a remarkable achievement given the present economic climate. The real test, however, will be ensuring that the large and prominent units being vacated by New Look, River Island, Topshop, et al do not stay empty for long.</p>
<p>Credit where it&#8217;s due to patrickratcliff at the <a title="NEWCASTLE &amp; GATESHEAD | Full Summary of Projects" href="http://www.skyscrapercity.com/showthread.php?t=331974&amp;page=236" target="_blank">SkyscraperCity forums</a> for spotting this interesting new development!</p>
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