Retailer turnaround plan raises questions

Department store group House of Fraser has appointed KPMG to advise on a restructuring strategy, with potential implications for Chester’s long-awaited Northgate scheme, which the retailer is due to anchor.

Stretford Mall

Connell to start on Stretford Mall demolition

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Connell Bros will start a full demolition programme on Stretford Mall in the coming weeks, with works including improved access, a new entrance, brick-and-metal facades, and two green spaces fronting Chester Road.

Hammerson shareholders question Intu acquisition

Jessica Middleton-Pugh

One of the largest shareholders in Hammerson has said it will vote against the proposed £3.4bn takeover of Trafford Centre owner Intu, which Hammerson is now free to progress with after it rejected an acquisition bid of its own last week.