Latest property news – Page 153
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NewsRetailers urged to slim down store portfolios
Retailers need downsize their store portfolios and focus on online opportunities, according to a new report.
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NewsAllders to close after 150 years in business
Landmark Croydon department store Allders is to close before the end of the month after 150 years in business.
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NewsHarvey Nichols hunts for Beauty Bazaar locations
Harvey Nichols is already eyeing further locations for Beauty Bazaar, the specialist boutique that will make its debut in Liverpool in November.
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NewsAnalysis: Robert Dyas looks for growth and efficiencies under new owner
The hardware retailer has a new owner and is now debt free but profit margins need to improve.
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ProMarkt to scale down store network
Rewe’s domestic electronics superstore business ProMarkt is scaling down its store network.The retailer plans to cut store numbers from 68 to 55. ProMarkt is struggling to keep up with independent specialist competitors. It is widely believed the business, which has focused on secondary locations with sales areas of about 16,150 ...
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NewsStore total falls for first time in over a decade
The number of shops operated by multiple retailers fell for the first time in 14 years during the first half of 2012.
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NewsJ Crew secures first UK store on Regent Street
US fashion brand J Crew is on the verge of securing its first UK store on London’s Regent Street.
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NewsJohn Lewis gets green light for new Essex store
John Lewis has committed to anchoring the second phase of the Bond Street retail development in Chelmsford, Essex.
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NewsWhite Rose Centre extension on the cards
Land Securities has submitted a planning application to extend the retail selling space of the White Rose Centre in Leeds.
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NewsBirmingham's Pallasades Shopping Centre to be renamed
The Pallasades Shopping Centre will be renamed the Grand Central Birmingham, as part of a £600m transformation of New Street railway station.
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NewsJeweller F Hinds warns rising vacancy rates could hit business
Jeweller F Hinds full year pre-tax profits dipped despite a sales jump as the retailer warned that rising vacancy rates posed a threat to its business.
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NewsJane Norman to shut London headquarters
Edinburgh Woollen Mill owned Jane Norman is to close its London head office and relocate to Cardiff, affecting around 40 staff.
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NewsLiverpool One attracts new retailers
Four new retailers are set to open stores in Liverpool One comprising 20,577 sq ft of retail space.
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NewsNew housing minister Mark Prisk set to take on Portas responsibilities
Former business minister Mark Prisk is set to take on responsibility for the Portas Review after being handed the new housing minister brief as part of the Prime Minister’s ministerial reshuffle.
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NewsWestfield London launches first prime-time TV ad
Westfield London is to launch its first prime-time TV ad to promote its fashion offer as part of its multi-million autumn/winter marketing campaign.
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NewsVision Express to open Oxford Street flagship
Vision Express will next month launch a new flagship store on Oxford Street which the optical retailer will use to trial new ranges and multichannel initiatives.
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NewsShop vacancy rate stands at 14.6%
The UK shop vacancy rate hit a 14.6% average in the first half of the year as consumer spending remained under pressure, online sales increased and retail space grew.
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NewsKurt Geiger to rein back UK stores as rents 'kill' retail
Kurt Geiger is to close stores and focus on international expansion amid spiralling costs in the UK.
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NewsKitchen specialist Harvey Jones on the expansion trail
Mid-to-upmarket kitchens specialist Harvey Jones is on the expansion trail as it lays out plans for 70 shops across the UK.
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NewsAquascutum seeking London flagship
Upscale fashion retailer Aquascutum aims to return to London’s West End and is seeking a flagship in the premier shopping district.