Latest property news – Page 131
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NewsNew supermarket growth slows as grocers focus on small stores
Growth in the pipeline of new supermarket developments has slowed as the major grocers have moved from large stores to convenience formats.
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NewsFormer Focus boss Bill Grimsey to lead ‘alternative’ high street review
Bill Grimsey is to lead an “alternative review” into the high street after claiming retail guru Mary Portas gave sector “false hope”.
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NewsVacant shops at Coronation Square shrouded in vinyl to attract new retailers
The owner of Coronation Square shopping centre in Cheltenham has wrapped vacant units in vinyl to encourage retailers to see the potential of the scheme.
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NewsHMV to return to its famous 1921 Oxford Street store
Entertainment retailer HMV plans to reopen the first store it ever opened, on London’s Oxford Street, two months after it was rescued out of administration.
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NewsFootfall down in May but out-of-town centres beat trend
Shopper footfall dipped during May and out-of-town locations performed better than high streets and shopping centres.
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NewsMonsoon Accessorize Ireland emerges from examinership saving 200 jobs
Monsoon Accessorize’s Irish business is no longer in examinership after the High Court today approved an investment programme which will save 11 stores and 200 jobs.
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NewsOriginal Factory Shop profits surge as new boss prepares to take reins
The Original Factory Shop has achieved a 30% surge in EBITDA as outgoing boss Angela Spindler prepares to hand the baton over to former Woolworths boss Tony Page.
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NewsSwarovski opens first Cadenza store outside of London
Swarovski is to open its premium Cadenza brand’s first store outside London in Bluewater shopping centre before Christmas.
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NewsGumball Rally-owner set to take on Superdry with London flagship
Gumball 3000, the company behind the Gumball Rally, will open a London flagship store within the next year, as it plans to be a “global retail powerhouse”.
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NewsOxford Street east eyes US brands post-facelift as Primark drives footfall
Over 220,000 sq ft of retail space is set to open up on the east end of Oxford Street with major US brands leading the race to snap up stores.
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NewsCath Kidston mulls launch of wedding list and VIP shopping in Piccadilly superstore
Cath Kidston is considering launching a wedding list service and VIP shopping in its yet-to-open superstore planned for London’s Piccadilly.
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NewsNine retailers sign up for expansion of Jubilee Place, Canary Wharf
The extension of the Jubilee Place shopping centre in Canary Wharf will bring nine new retailers to the heart of London’s financial district.
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NewsIceland posts profit rise after strong second half performance
Iceland has notched up a profits rise after staff responded to a rallying cry from bosses when it seemed earnings could slip back.
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NewsAnalysis: French Connection’s turnaround plan is looking positive
The latest results from beleaguered fashion retailer French Connection might not exactly have merited a toast among shareholders last month, but there were probably sighs of relief.
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NewsRiver Island prepares to open stores in Australia after dedicated website launch
River Island is scouring Australia for stores and has launched a dedicated website in the country today.
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NewsRepublic future in jeopardy as landlords shun Mike Ashley's rent demands
The future of Republic is in jeopardy after owner Mike Ashley failed to secure enough support from landlords for his new rent proposals, Retail Week has learned.
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NewsCard Factory plots 1,200 stores as it eyes float, sale or refinancing
Card Factory is aiming to nearly double its stores count as its owner eyes a potential float, sale or refinancing of the budget greetings card retailer.
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NewsRegent Street celebrates Coronation anniversary
London’s Regent Street jas put on colourful display of purple and gold flags to celebrate the 60th anniversary of the Coronation of Queen Elizabeth II.
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NewsTopshop to open the doors of its first Chinese store in Hong Kong
Topshop will open its first store in China on Thursday at a 14,000 sq ft flagship site in Hong Kong, as the retailer continues its growth overseas.
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NewsBusiness rates review urged following Hackett's controversial bill
Experts have urged Government to review the business rates system after accusing the system of favouring prestigious London stores including Hackett and shunning declining high streets.