Latest property news – Page 38
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NewsDobbies snaps up 31 garden centres from rival Wyevale
Dobbies has acquired 31 stores from Wyevale, making it the largest garden centre operator in the UK.
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NewsNew Look to abandon in-store menswear offer
New Look is to stop selling menswear in its stores and will only offer the category online from this autumn.
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NewsArcadia plans to halve pension contributions
Arcadia wants to halve the amount it pays into its pension pot every year as it seeks to restructure amid torrid high street trading conditions.
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NewsData: The 50 most vibrant retail locations in the UK
For the second year in a row, Cambridge has beat a host of central London locations to be named the best-quality retail destination in the UK.
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NewsData: The 50 worst retail locations in the UK
Shopping destinations in Newcastle, Glasgow, Birmingham, London and Liverpool have been named among the worst-quality retail locations in Britain.
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NewsOffice Outlet axes stores and jobs as sale hopes fade
Office Outlet is to shutter 16 stores and axe 160 jobs after administrators conceded that hopes of selling the business were fading.
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NewsRetailers implore MPs to tackle business rates 'madness'
Retailers have called on the government to tackle the “madness” of the business rates system to stop it from “strangling our high streets”.
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NewsArcadia mulls 'shares for rent cuts' deal to sweeten CVA
Sir Philip Green is considering offering landlords shares in his struggling Arcadia group as he bids to win their backing for a restructure.
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NewsArcadia draws up planned store closure list
Arcadia has drawn up a list of almost 70 stores it wants to offload as it continues to consider launching a company voluntary arrangement.
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NewsThe Range’s new HQ to create 450 jobs
Value home retailer The Range has announced its new headquarters will open in the summer and will create 450 new jobs in its home town of Plymouth.
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NewsMajestic Wine name to disappear in business shake-up
Majestic Wine is to close retail stores and sell off assets as part of a radical transformation plan designed to focus on its Naked Wines business.
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NewsSir Philip Green facing Arcadia pension blackhole
Sir Philip Green is facing the prospect of increasing his contributions to Arcadia’s pension schemes, as he mulls a potential company voluntary arrangement.
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NewsSainsbury's-Asda offer to sell 150 supermarkets
Sainsbury’s and Asda have offered to sell up to 150 supermarkets in a bid to convince competition authorities to agree to their £13bn mega-merger.
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NewsArcadia appoints GCW as it mulls CVA
Arcadia has appointed property agency GCW to oversee its proposed restructuring process, Retail Week understands.
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NewsProperty giants refuse to work on Arcadia CVA
Leading retail property agencies CBRE and JLL have made clear they will not assist Arcadia tycoon Sir Philip Green with a CVA of the fashion group.
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NewsArcadia poised to launch CVA within weeks
Arcadia is set to launch a far-reaching CVA as soon as next month, with a substantial number of store closures and job losses expected.
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NewsPrimark and Disney team up for world-first in new store
Primark is to unveil a raft of in-store firsts in its new Birmingham branch.
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NewsDFS boss unveils ambitions for Sofology expansion
DFS posted its half-year results today with an increase in profits and sales across the group. Boss Tim Stacey told Retail Week his plans to keep the success surging with Sofology expansion plans.
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Retail footfall in decline for 15th consecutive month
Shopper numbers plummeted by 2% last month, marking the “weakest February in five years”.
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NewsPaperchase launches CVA in bid to slash rents
Paperchase has launched a company voluntary agreement (CVA) proposal after bringing in advisers from KPMG in January.