Saturday, July 11, 2009

Retail Outlet for Sale – Prime Location

Olympic shopping centre struggles to attract retailers

The developer of the £1.5bn flagship shopping centre of the 2012 London Olympic Games has signed up just three retailers out of 300 units less than two years before opening, laying bare the crisis gripping retail property. (my old mum, who lives a 5 minute walk from the site asked why we needed more shops...).

Posted by alan @ 05:57 PM (906 views)
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2 thoughts on “Retail Outlet for Sale – Prime Location

  • “Field of Broken Dream” – Staring Boris Johnson. Tag – If you build it, they will come (unless there is a credit cruntch, then it gets all fuxked up).

    Why they keep building these? In where I live, they spent £££ buit a new shopping center in the middle of a council estate, 5 years on, half of the units are still empty. Guess what solution they come up with to overcome the umployment? Build another shoppign centre!!

    The natives lived on the Easter Island kept building meanless massive Moai statues and competed fiercely with each other to build bigger ones. It took them only 200 years to destroy a 2 million years old ecology, and so went they own civilisation and culture and then comes their own extinction.

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  • I want to know how long it will be before Westfield Shopping Centre starts to downgrade its expectations.

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