Latest property news – Page 13
-
News
Covid-19: How retailers are stepping up to aid the vaccination effort
As the prime minister hinges the relaxation of the latest lockdown on the most vulnerable in society receiving a vaccine, what efforts are retailers making to hasten the process?
-
News
Asos to launch £90m warehouse, creating 2,000 jobs
Asos has unveiled plans to open a new £90m warehouse to support “ever-increasing customer demand” and help it accelerate its delivery capabilities.
-
News
Chancellor offers non-essential retailers grants for closed stores
Chancellor Rishi Sunak has announced new support measures, including grants of up to £9,000 per closed store to non-essential retailers, following the announcement of a third national lockdown.
-
News
Next edges up profit guidance after stronger than expected Christmas sales
Next has upped its full-year profit guidance again after delivering “much better” sales over the Christmas period than expected in previous guidance
-
News
Frasers Group snaps up fashion retailer Psyche
Frasers Group has acquired fashion retailer Psyche’s stores and online business for an undisclosed sum.
-
News
Post-Christmas footfall drops as shoppers stay home
Retail footfall during the period after Christmas declined across all destinations as tighter coronavirus restrictions came in across the UK.
-
News
Boxing Day footfall plummets as restrictions tighten
UK high streets were deserted on Boxing Day with shoppers choosing to remain at home as tier-four restrictions spread across more regions.
-
News
Thousands more non-essential stores to close in tier four areas from Boxing Day
Non-essential retailers face the prospect of closing thousands more stores with new swathes of the UK set to be plunged into tier four restrictions from Boxing Day.
-
News
Tier four non-essential retail closures will have ‘severe’ consequences
‘Non-essential’ retailers in London and the Southeast of England have been forced to shut shops in the final week of Christmas trading under new tier four restrictions.
-
News
Government extends commercial evictions ban until April
The government is extending the moratorium on commercial tenant evictions until March 31, 2021.
-
News
Primark’s Paul Marchant: Anyone who thinks shopping in person is over is naïve
Primark boss Paul Marchant has launched a passionate defence of physical retail and called for more investment to be ploughed into Britain’s high streets in the wake of the coronavirus crisis.
-
News
B&M and Pets at Home follow grocers and forego rates relief
Value giant B&M and specialist retailer Pets at Home have become the latest retailers to waive business rates relief after Tesco sparked a spate of such initiatives earlier this week.
-
News
Non-essential retail to reopen next week as Johnson pledges end to national lockdowns
The prime minister has confirmed all non-essential retailers will be allowed to reopen stores next week, as he pledged an end to national lockdowns in future.
-
News
Pret a Manger to launch hot dinner menu this week
Pret a Manger will launch a range of hot dinner options this week as it ramps up its response to the coronavirus crisis.
-
News
Landsec signals further fall in rents likely
Landsec, the retail property group, expects shopping centre rents to fall because of the impact of the Covid pandemic and an “ongoing structural shift to a lower rent model”.
-
News
Retail sales rise in October boosted by pre-lockdown splurge
Retail sales recorded a year-on-year uplift in October, which British Retail Consortium (BRC) boss Helen Dickinson says demonstrated many retailers “finding their footing” prior to the second lockdown.
-
News
Mike Ashley fails to match Debenhams price tag and retracts offer
Mike Ashley is out of the running to acquire Debenhams after refusing to match the £300m price tag for the beleaguered department store chain.
-
News
M&S boss Rowe calls for extended Sunday trading before Christmas
Marks & Spencer chief executive Steve Rowe has joined Primark in calling for extended trading hours in the run-up to Christmas.
-
News
Currys PC World and The Entertainer extend pre-lockdown opening hours
Curry PC World and The Entertainer are both extending opening hours in the run-up to the closure of ‘non-essential’ stores on Thursday.
-
News
John Lewis gets go-ahead to turn half of Oxford Street flagship into offices
John Lewis has been given the green light to transform almost half of its flagship Oxford Street store into office space.