Major stores including Burton and Miss Selfridge to quit Cribbs Causeway
TEN major high street names will be moving out of their shops in The Mall at Cribbs Causeway.
Some popular stores will leave the regional shopping centre completely.
It is understood that some took the decision to pull out of The Mall after failing to negotiate new rent deals with the landlords.
Burton, Miss Selfridge, Evans and Monsoon will be leaving the centre completely in March, The Post has learned. French Connection is also believed to be leaving. Women's clothing stores Dorothy Perkins, Wallis and East will become concessions within other shops within the centre and it is understood that Warehouse could move to a new site at the centre as part of ongoing negotiations.
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The Mall said that none of the tenants affected had their rents increased as part of the renewal of their leases.
The Post was told that The Mall is using the opportunity of leases coming up for renewal for a reshuffle of stores throughout the centre, bringing new shops in.
As well as popular brands leaving, some – including WHSmith and Topshop – will be moving to different units within The Mall.
Topshop and Topman will be moving to a bigger unit in the shopping centre.
A spokeswoman for Arcadia, which runs Evans, Dorothy Perkins, Wallis, Topshop, BHS and Miss Selfridge, said: "We can confirm that three of the brands are leaving The Mall as a result of the leases expiring.
"Dorothy Perkins and Wallis will move into the existing BHS site, where we hope to offer an exciting retail environment and a one-stop shop for the family.
"We will be relocating Topshop and Topman to a new site in The Mall.
"Arcadia always endeavours to redeploy staff within our store portfolio where possible."
Chief executive of East Suzi Spink told The Post that the brand would continue to have a presence at The Mall after the store closes with a concession opening in John Lewis on February 4. The standalone store will remain open until March 23.
"We talked to the landlords about staying and, when we couldn't come to a mutually agreeable deal, because we had the option to go to John Lewis we decided to take that on," she said.
"We have got a great, loyal customer base in the area."
A spokeswoman for Monsoon said: "It is with regret that we have taken the decision to close our Monsoon store at Cribbs Causeway.
"We have traded here since March 1998, when the centre opened."
She said the company's Accessorize store will remain open in The Mall.
The commercial director of The Mall at Cribbs Causeway, Jon Edwards, said the centre was undergoing a period of change as a result of the leases coming up for renewal, "which is not uncommon at major shopping centres".
"As part of this we are pleased to report that advanced negotiations are underway with a number of tenants about exciting plans to upsize and enhance stores, while a host of new names are in discussions with us about opening at The Mall," he said.
"As part of this same process, a select number of stores, including several from the Arcadia group of retailers, are reviewing their strategies; this may see some leave The Mall later in the year, while others may move to new locations within the centre.
"We understand that the retailers are considering these changes within the context of their own wider business strategies and the widely publicised re-balancing of store portfolios that is being seen across the UK and can confirm that none of the tenants affected have had rents increased as part of the lease renewal process. Indeed The Mall has been in discussion with them all, offering support and changes to leases to suit their ongoing needs."
Mr Edwards said that with the changing retail picture nationally The Mall is supporting other tenants, including WHSmith, to move to new stores "more suited to their current requirements".
Last summer The Post reported that the owners of The Mall planned to increase the centre in size by almost two-thirds, to make room for bigger shop units.