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Shops in/going into administration

Shops in/going into administration

RE: Shops in/going into administration
(08 Jun 2020, 8:52 pm)Andreos1 wrote Not sure about their other sites, but they seemed to spend an absolute fortune making Eldon Square and Metrocentre 'destinations'. Go for a meal, bit entertainment and some shopping. The former two cater for the needs of people when they're done shopping for the day as well as being somewhere to go when shopping.

The types of food establishments they ended up hosting, were pretty much the same as everywhere else. It was chain stuff (F&B's etc) and as their popularity dropped, then it had a knock on effect with rents etc. Ditto the big department stores - Woolworths, House of Fraser, Woolworths etc.

It doesn't seem that long ago that Intu were seemingly buying every out of town shopping centre out there. Huge expansion and investment.

Maybe the shopping centre bubble has burst.
The metrocentre should never have got rid of Metroland. If anything they should have made it bigger. It was a unique feature that brought family's in from all over. I cinema is a cinema and a bowling ally a bowling ally.

Shops in/going into administration
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James101
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