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Castle Quarter, Norwich
Castle Quarter, formerly known as Castle Mall (and The Mall Norwich for a while) is a shopping centre in Norwich, Norfolk, England, UK. It opened on 23 September 1993. It's one of 2 shopping centres in Norwich City Centre, the other being Chantry Place, which is only a 5-minute walk from each other. History The plans for the centre go back to 1977 when Michael Inns, an architect, came up with a plan for a shopping centre in Norwich City Centre. He originally planned it to be at Timber Hill however that was rejected by the local council because of concerns of some listed buildings would be affected by it. So instead he chose it would be located by the old cattle market by Norwich Castle, which he thought would be a great location for the mall. He came up with the idea that the centre would be underground and would be connected with Norwich Market and Castle Meadow. However, despite his plans, it would be 13 years before the construction begins. Because of the centre being buil ...
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Shopping Center
A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collections of retailers under one roof are public markets, dating back to ancient times, and Middle Eastern covered markets, bazaars and souqs. In Paris, about 150 covered passages were built between the late 18th century and 1850, and a wealth of shopping arcades were built across Europe in the 19th century. In the United States, the widespread use of the automobile in the 1920s led to the first shopping centers of a few dozen shops that included parking for cars. Starting in 1946, larger, open air centers anchored by department stores were built (sometimes as a collection of adjacent retail properties with different owners), then enclosed shopping malls starting with Victor Gruen's Southdale Center near Minneapolis in 1956. A shopping ...
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Vue Cinemas
Vue International (, like "view"), is a multinational cinema holding company based in London, England. It operates in the United Kingdom and Ireland as Vue, with international operations in Denmark and Germany (as CinemaxX); Italy (as The Space Cinema); Poland and Lithuania ( Multikino); Netherlands (Vue Netherlands); Taiwan (SBC Cinemas); and France (‘’’CINÉVILLE’’’); . History Foundation The company was founded in 1999 as Spean Bridge Cinemas by Stewart Blair, a former executive of United Artists Theatres and Tim Richards, a former executive of Warner Bros. International Theatres. It was named after a holiday to the Scottish Highland village of the same name by Blair. 2000s The first cinema to open was under The Circuit Cinema brand in Livingston, Scotland, on 5 October 2000. The company was later renamed as SBC International Cinemas and opened cinemas in Faro, Portugal (closed in 2014) and Taipei, Taiwan (still operating as SBC). In May 2003, SBC bought W ...
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Southern Fried Chicken
Fried chicken, also known as Southern fried chicken, is a dish consisting of chicken pieces that have been coated with seasoned flour or batter and pan-fried, deep fried, pressure fried, or air fried. The breading adds a crisp coating or crust to the exterior of the chicken while retaining juices in the meat. Broiler chickens are most commonly used. The first dish known to have been deep fried was fritters, which were popular in the European Middle Ages. However, the Scottish were the first Europeans to deep fry their chicken in fat (though without seasoning). Meanwhile, many West African peoples had traditions of seasoned fried chicken (though battering and cooking the chicken in palm oil). Scottish frying techniques and West African seasoning techniques were combined by enslaved Africans and African Americans in the American South. History The American English expression "fried chicken" was first recorded in the 1830s, and frequently appears in American cookbooks of the ...
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Spudulike
Spudulike is a restaurant chain and franchise specialising in baked potatoes (potatoes being known as "spuds" in colloquial British English) that first opened in Edinburgh in 1974. Spudulike sold baked potatoes with various fillings, other potato based meals, and side dishes. Spudulike was founded by Kim Culley and Barbara Cain. The company was acquired by the British School of Motoring (BSM) in 1979, which helped Spudulike to rapidly expand its business as a franchise operation. It later demerged from BSM, and in May 2001, it bought ''Courts Quality Foods'', owner of rival potato brand Fat Jackets. Spudulike had fifty outlets across the United Kingdom in 2001, including twenty ''Courts'' franchises. The company entered into one company voluntary arrangement in July 2019, in an attempt to restructure its debt, then on 1 August, filed for administration Administration may refer to: Management of organizations * Management, the act of directing people towards accomplish ...
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Burger King
Burger King (BK) is an American-based multinational chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company and renamed it "Burger King". Over the next half-century, the company changed hands four times and its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons, u ...
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Poundland
Poundland is a British variety store chain founded in 1990. It once sold most items at the single price of £1, including clearance items and proprietary brands. The first pilot store opened in December 1990 following numerous rejections by landlords who had reservations about allowing a single-price store to operate, fearing it could adversely affect the local competition. An estimated 7 million customers shopped in Poundland every week in 2016, many being female shoppers in the C1, C2, D and E categories (the working classes in a system of demographic classification used in the United Kingdom). Following a drop in share price of over 50%, Poundland was acquired in August 2016 by Steinhoff International for £610m. The retailer expanded into other European countries during the latter half of 2011, first opening a store in the Republic of Ireland and later operating a subsidiary chain of discount stores in mainland Europe under the name Dealz. Poundland acquired closes ...
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TK Maxx
TK Maxx is a subsidiary of the American apparel and home goods company TJX Companies based in Framingham, Massachusetts. The stores operate throughout the United Kingdom, Australia, Ireland, Germany, Poland, Austria and the Netherlands, totalling 515 stores in Europe (up from 407 in December 2014) and 35 in Australia in April 2017. In Poland, there are a total of 44 stores. The chain uses a slightly different name from that of the TJ Maxx stores in the United States, to avoid confusion with the British retailer T. J. Hughes. History In 1976, TJ Maxx was founded in Framingham, Massachusetts, United States, by Bernard Cammarata. The first international store opened in Bristol, UK, in 1994. The company modified the name to TK Maxx to avoid confusion with the established British retail chain T. J. Hughes (which is not affiliated with TJX). In 2007, TK Maxx began winding down new store openings within the United Kingdom. Focus was given to revamping older inner city stor ...
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Flying Tiger Copenhagen
Flying Tiger Copenhagen (formerly Tiger Copenhagen) is a Danish variety store chain. Its first shop opened in Copenhagen in 1995 and the chain now has nearly 1000 shops. Its largest markets are Denmark, the UK, Italy, and Spain. Before June 2016, it operated as ''Tiger'' in most places, ''T·G·R'' in Sweden and Norway and ''Flying Tiger'' in Ireland, Japan, USA, Belgium, and the Netherlands. The chain sells a variety of items, mostly accessories and toys. According to the company's founder, the company had about 39 million customers in 2014. Tiger takes its name from how the Danish pronunciation of the animal name tiger sounds roughly the same as the Danish word ''tier'', used to denote a 10 kroner coin; in the first stores in Denmark, all items cost 10 kroner. History Lennart Labowichtz opened the first shop at Islands Brygge in Copenhagen in 1995. In 2005, the company opened its first shop in the United Kingdom in Basingstoke. In 2012, EQT Partners acquired a 70% sta ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabi ...
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The Mall Fund
The Mall Fund owns and operates shopping centres in England using the trading name "The Mall Company". The shopping centres are usually branded and marketed as "the mall". The Mall Fund owned up to 10% of the covered retail space in the United Kingdom, making it the largest portfolio of branded shopping centres in the United Kingdom, before some of its sites were sold off. The Fund is managed by a team of 62 from Capital & Regional's Mall Corporation. The Fund was formed in March 2002, by Capital & Regional and Aviva Investors. New investors have come in as the portfolio has expanded, and a secondary market for the units has developed. The fund now has 45 investors, including three overseas institutions. Locations Current locations Centres owned by the company include: * The Mall Blackburn, Blackburn * The Mall Luton, Luton * The Mall Maidstone, Maidstone * The Mall Walthamstow, Walthamstow * The Mall Wood Green, Wood Green Former locations The Mall Fund has disposed of ...
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Movie Theater
A movie theater (American English), cinema (British English), or cinema hall (Indian English), also known as a movie house, picture house, the movies, the pictures, picture theater, the silver screen, the big screen, or simply theater is a building that contains auditoria for viewing films (also called movies) for entertainment. Most, but not all, movie theaters are commercial operations catering to the general public, who attend by purchasing a ticket. The film is projected with a movie projector onto a large projection screen at the front of the auditorium while the dialogue, sounds, and music are played through a number of wall-mounted speakers. Since the 1970s, subwoofers have been used for low-pitched sounds. Since the 2010s, the majority of movie theaters have been equipped for Digital cinema#Digital projection, digital cinema projection, removing the need to create and transport a physical film stock#Intermediate and print stocks, film print on a heavy reel. A great ...
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