Latest property news – Page 119
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NewsNRF: Think of stores as warehouses, Foot Locker boss advises
Sportswear giant Foot Locker is treating its 3,500 stores as warehouses in a bid to maximise its fulfilment capabilities, chairman and chief executive Ken Hicks told delegates at the NRF conference in New York.
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NewsNRF: US consumers respond better to high streets than malls, say retailers
Indoor malls face extinction as streets become “the number one retail location”, according to retailers and developers at the NRF confernece in New York.
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NewsMorrisons mulls selling 10% of its estate as shareholders raise concerns
Morrisons is mulling a sale of up to a 10% of its property estate to raise money after a disappointing Christmas performance but shareholders have called the move “incredibly dangerous”.
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NewsLabour Party enlists Bill Grimsey to examine high streets
The Labour Party has enlisted the help of high street champion Bill Grimsey to support its plans to re-energise ailing town centres.
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NewsJigsaw targets click-and-collect as it aims to double online sales
Premium fashion retailer Jigsaw aims to almost double online sales by investing in click-and-collect and website improvements.
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NewsOne million customers log on to wi-fi at Intu shopping centres
One million people have connected to wi-fi at Intu shopping centres, including the Metrocentre in Newcastle, Manchester’s Trafford Centre and Lakeside in Thurrock, as the landlord continues to invest in multichannel to drive footfall.
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NewsDutch value retailer Hema to open stores in the UK
Dutch value retailer Hema is planning to launch in the UK during the first half of this year.
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NewsDunelm second-quarter sales boosted by TV campaign and catalogue
Dunelm’s like-for-likes increased 2.9% in the second quarter boosted by its new catalogue and first TV ad campaign.
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NewsBreakfast briefing: Retail news on Marks and Spencer, Lush and supermarkets
Retail news round-up on January 7, 2014: Lush posts Christmas sales surge as full year profits fall, Marks & Spencer house broker Citi cuts £10m from annual pre-tax profit forecast, Major supermarket chains to sign up for twice as much warehouse space in 2014
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NewsMaplin reports strong Christmas trade as it opens first airport store
Maplin is to open its first airport store next month after enjoying a surge in Christmas custom in December.
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NewsLand Securities in talks to open luxury outlet centre in O2 Arena
Land Securities is in discussions with the owners of the O2 Arena in London to open a luxury designer outlet at the concert venue.
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NewsRemaining 42 Barratts stores shuttered by administrators
Administrators to Barratts have closed the troubled footwear retailer’s final stores two months after it collapsed.
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NewsBoxing Day high street footfall declines while retail parks grow 10%
Shoppers headed out in their droves for the Boxing Day Sales yesterday, with footfall to retail parks and shopping centres increasing by 10% year on year.
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NewsWestfield to restart controversial Bradford development
Westfield is to begin construction works on its stalled Bradford Broadway shopping development in January next year.
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NewsCoombes opens first electricals store to pick up Comet share
Clive Coombes, the property tycoon who unsuccessfully vied to save the Comet name, will open the first store of his new electricals venture this weekend.
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NewsFootfall improvement lifts retail Christmas hopes
Consumer footfall rose sharply last week, indicating that the Christmas rush to stores hoped for by retailers may at last have kicked off.
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NewsComment: Sports Direct has a lot to play for
Soaring sales and a double-digit rise in profits might reasonably be expected to be cause for celebration.
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NewsIn pictures: Primark opens first French store in Marseille
Primark opened its first French store yesterday at the Grand Littoral centre in Marseille.
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NewsFootfall drops 2.9% in November as Christmas shoppers leave it late
Footfall dropped 2.9% year on year in November as consumers leave it late to do their Christmas shopping.
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NewsTM Lewin kick-starts international push as profits rise
TM Lewin has embarked on an ambitious international expansion plan with a focus on South Africa and India after first-half profits rose.