Latest property news – Page 2
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NewsUK retail footfall declines as back-to-school season starts
Retail footfall across the UK continued to decline during the second week of September following the start of the new school year and return to work for those who had been on holiday.
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NewsLaura Ashley to return to physical retail with new flagship store
Laura Ashley is set to return to brick-and-mortar retailing this month with the opening of its first standalone store in over five years.
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News‘Level playing field’ business rates plan risks backfiring
Big retailers face paying far more in business rates than their pureplay counterparts as measures designed to ensure the latter shoulder more of the burden look likely to flop.
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NewsUK retail footfall declines for fourth month in a row
Retail footfall in the UK has declined for a fourth consecutive month, after customers neglected to shop at retail parks and shopping centres.
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NewsWHSmith issues shock profit warning
WHSmith, which sold off its UK high street arm earlier this year to focus on its travel operations, has revealed a financial review found an overstatement of £30m in headline profit in its North American division.
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NewsFrasers Group mulls bid for Manchester Arndale centre
Frasers Group is weighing up a bid to take a 50% stake in Manchester’s iconic Arndale centre shopping centre, Retail Week understands.
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NewsSavills reports significant retail investment uptick in London
The latest retail leasing research in central London reveals a significant increase in investment in the first half of 2025, amounting to £1.6bn.
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NewsJohn Lewis may cut affordable flats development due to delays
Department store and grocery group John Lewis Partnership may cut the number of affordable flats at its build-to-rent scheme in Reading as planning delays and funding demands threaten the viability of the project.
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NewsWHSmith to open eight stores in one US airport
WHSmith is opening eight new stores across one US airport, as it continues to grow its travel estate internationally.
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NewsOliver Bonas to open its first ever outlet store
Oliver Bonas is opening its first outlet store at one of the UK’s most popular retail destinations.
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NewsRetail footfall expected to receive boost from summer events
UK retail footfall remained flat in June but a summer of events, warm weather and sports could give a boost to July.
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NewsLululemon has opened its European airport store at a UK destination
Sports apparel and athleisure brand Lululemon has opened its first ever store at a European airport – with a UK airport selected for its debut.
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NewsPoundland outlines restructuring plan to kick-start turnaround
Value specialist Poundland intends to make sweeping changes to its business as it seeks to recover following poor trading.
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NewsOxford Street pedestrianisation to go ahead
The mayor of London has confirmed that Oxford Street will be pedestrianised.
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NewsFortnum & Mason eyes UK stores outside of London
Fortnum & Mason is considering opening UK stores outside of London for the first time in its three-century history.
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NewsInvestment firm acquires stake in WHSmith following high street sale
An activist investment firm has started to build a stake in WHSmith after it sold off its high street arm to Modella Capital.
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NewsInditex looking to bring Lefties brand to UK
Fashion giant Inditex is eyeing new store locations for the expansion of its Lefties brand in the UK, according to reports.
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NewsUK retail footfall takes ‘disappointing turn’ during the start of summer
Retail footfall in the UK has taken a “disappointing turn” during the beginning of summer despite a more promising start to the year.
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NewsAnthropologie to open second Scottish store
Anthropologie is to open a new store in Glasgow, its second location in Scotland.
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NewsRetail footfall in May flat as consumers stay cautious
UK retail saw a small drop in footfall in May as the flat figures reflect a month shaped by cautious customers, half-term holidays and a change in consumer habits.