Latest property news – Page 40
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NewsLidl opens ‘biggest’ distribution centre in Doncaster
Lidl has opened a new warehouse in Doncaster as the German discounter continues to invest in its store expansion and logistics.
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NewsIntu Watford ploughs £1m into grab-and-go food offer
Intu Watford is ploughing £1m into a new grab-and-go food proposition as it ramps up its catering credentials.
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NewsMike Ashley ‘demands rent holiday’ over possible HMV deal
Sports Direct owner Mike Ashely is reportedly seeking a “six-month rent holiday” from HMV landlords if he were to save the music retailer.
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NewsPaperchase sale discussed at crunch meeting
Stationery and gift card retailer Paperchase was reportedly offered to potential buyers at a meeting with key creditors yesterday.
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NewsJohn Lewis to close first store since 2006
John Lewis & Partners is set to shut its smallest shop by the summer, as it continues restructuring its estate.
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NewsPaperchase set for crunch landlord talks
Paperchase will outline a series of restructuring options to key creditors at two crunch meetings this week, Retail Week has learned.
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NewsHouse of Fraser makes U-turn over Intu stores
Sports Direct has made a U-turn over the future of its House of Fraser stores within Intu shopping centres.
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NewsDixons Carphone 'committed to stores', says Baldock
Dixons Carphone boss Alex Baldock has reaffirmed the retailer’s commitment to the high street, despite swinging the axe on more than 100 shops during the past year.
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NewsMore than 23,000 shops to shutter in 2019, data warns
More than 23,000 shops and 175,000 jobs will be lost from UK high streets in 2019, new research has warned.
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NewsArcadia drafts in advisers to review store portfolio
Sir Philip Green has drafted in advisers from Deloitte to launch a radical review of his Arcadia fashion empire.
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NewsPrimark Birmingham 'will show high street is not dead'
Primark’s new Birmingham store will show “the high street is not dead” and epitomise its relevance, the retailer believes.
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NewsNew Look's Belgium division files for insolvency
New Look has kicked off bankruptcy proceedings for its Belgian retail arm following an ongoing review of its international operations.
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NewsPaperchase drafts in advisers as it mulls CVA
Paperchase has drafted in advisers as the chain mulls launching a company voluntary arrangement (CVA) to streamline its store portfolio.
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NewsRetail needs Brexit 'certainty', BRC warns
Retailers “desperately need certainty” about the UK’s exit from the EU following the meaningful vote on Theresa May’s withdrawal deal, the British Retail Consortium has warned.
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NewsMarks & Spencer reveals more store closures, 1,000 jobs affected
Marks & Spencer has disclosed details of 17 more stores to be shut, affecting 1,045 staff, as part of its ongoing restructuring.
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NewsAmazon reveals annual business rates payment
Amazon has disclosed how much it pays in business rates in the UK and defended the contribution it makes to the country more generally.
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NewsSteamer Trading Cookshop rescued in pre-pack deal
Steamer Trading Cookshop has been bought out of administration by rival kitchenware specialists ProCook, Retail Week can reveal.
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News‘Predatory online pricing’ worse than rates, says Timpson
“Predatory” pricing by online retailers is a bigger problem to bricks-and-mortar retailers than business rates, Sir John Timpson has warned.
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NewsWolfson: High street must wake up to 'new reality'
Town centres must change in recognition of the shifts transforming retail, according to Next chief executive Lord Wolfson.
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NewsCo-op eyes 100 new stores amid £200m investment
The Co-op is targeting 100 new shops across the UK in 2019 as part of a £200m investment into its convenience store portfolio.