Latest property news – Page 3
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NewsWHSmith ‘well positioned’ for summer peak as sales increase across travel
Global travel retailer WHSmith said it is “well positioned” for its peak summer period as travel sales continue to increase.
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NewsNew owner for Northern Ireland shopping centre near Belfast
Property firm NewRiver announced that it had sold the Abbey Centre in Newtownabbey to the Herbert Group of Companies.
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NewsJohn Lewis wins approval for Ealing store and housing redevelopment
A government planning inspector confirmed the plans have been given the green light following an appeal by the retailer submitted last summer.
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NewsLandsec to grow retail estate by £1bn as it records strong results
Major property group Landsec has said it aims to grow its retail estate by £1bn in the next one to three years as it records strong results.
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NewsFurniture retailer MFI to return nearly two decades after its collapse
Once household furniture brand MFI is set to make a surprise comeback to the UK high street, nearly two decades after it collapsed into administration.
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NewsAsda co-owner Mohsin Issa steps down as CEO at EG Group
Mohsin Issa has stepped down from his role as CEO of petrol station chain EG Group.
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NewsEaster footfall outstrips 2024 levels
Retail footfall across the UK was relatively flat in the week leading up to Easter, but increased consumer activity helped it surpass 2024.
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NewsWHSmith sales jump but profit down as high street trading drags
WHSmith reported a jump in revenues but profit before tax inched down in its first financial update since announcing the sale of its flagging high street business.
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NewsIceland to double petrol forecourt presence with EG Group tie-up
Frozen food specialist Iceland will double its forecourt presence through a new partnership with EG on the Move.
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NewsBond Street becomes Europe’s most expensive shopping street as retail rent rockets
London’s Bond Street has been named Europe’s most expensive shopping street as retail rent soars and luxury retail openings see “unexpected boost”.
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NewsMother’s Day boosts retail footfall in March but Budget costs are expected to hit in April
UK retail saw a lift in footfall in March thanks to Mother’s Day and nice weather, but the effects of the Budget are expected to take hold in April.
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NewsIkea to launch new ‘refreshingly compact’ store format
Ikea has snapped up several Homebase units to launch a handful of new format stores, Retail Week can reveal.
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NewsMother’s Day 2025 drives more shoppers to stores
UK shoppers were keener to get what they needed for Mother’s Day this year, with footfall rising for all shopping destinations across the weekend.
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News‘Destination wellness zone’ to make its debut at Westfield London
Leading shopping mall Westfield London is to unveil a dedicated health and wellness area which it described as “a major milestone in the centre’s evolution”.
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NewsSuperdrug plans raft of ‘best in class’ store openings this year
Health and beauty powerhouse Superdrug intends to open dozens of new shops, creating 600 jobs.
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NewsNew Look to open a new concept store in major shopping centre
New Look is set to open a new concept store next month in a major UK shopping centre.
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NewsMajestic unveils plans for first Vagabond openings since acquisition
Wine specialist Majestic is to embark on an opening programme for the Vagabond wine bar chain it bought last year, Retail Week can reveal.
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NewsNext signs lease on new office space in central London
The retailer will occupy four floors of the building.
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NewsFebruary footfall rises thanks to half-term and Valentine’s Day
UK retail in February saw a rise in footfall across all destinations as shoppers took advantage of the half-term break and Valentine’s Day.
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NewsCo-op found to have illegally blocked rival store openings
Regulator the Competition and Markets Authority has found that the Co-op unlawfully stopped competitors from opening shops near its branches.