Latest property news – Page 161
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NewsM&S latest retailer to slow down store expansion
Marks & Spencer has become the latest retailer to switch the lights to amber on UK store expansion plans as punishing trading conditions persist and multichannel retail grows.
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NewsBlue Inc thrives due to brand expansion and store acquisitions
The young fashion retailer thrived in the recession but times could be about to get tougher.
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NewsSales soar at The Entertainer as sector rivals close down
Specialist toy retailer The Entertainer posted a surge in sales in its first quarter as it filled the gap left by closed Woolworths, Early Learning Centre and Hawkin’s Bazaar stores.
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NewsHilco hired to shut Birthdays and Clintons stores
Restructuring specialist Hilco has been drafted in to close Birthdays and Clintons stores
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Real in talks with Auchan over sale of CEE business
Metro’s hypermarket division Real is in talks with French retailer Auchan over the sale of its Central and Eastern European (CEE) business, Manager Magazin reported. The operations include Poland, Russia, Romania, Turkey and Ukraine.In 2011, Real in CEE ran 110 out of 426 Real stores, with net sales accounting for ...
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NewsClinton Cards: List of 44 store closures revealed
More than 40 Clintons and Birthdays stores will shut by the end of May, affecting 300 full and part-time staff. Full closure list below.
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NewsAnother 60 Clinton Cards staff made redundant
An extra 60 jobs have been lost across Clinton Cards’ head office and retail operations, Retail Week has learned.
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NewsM&S presses button on new phase of store revamps as profits fall
Marks & Spencer has reported a fall in full-year profit but said strategic progress is being made and that remodelled stores are outperforming the rest of its estate.
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NewsArmani opens in Wales for first time
Designer fashion label Armani is opening its first store in Wales in St David’s shopping centre, Cardiff, it is understood.
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NewsVictoria’s Secret races to open London shops for the Olympics
First UK stores to open days before the Games as the retailer aims to capitalise on tourism boom.
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NewsOak Furniture Land to increase store numbers
Oak Furniture Land is to more than double store numbers over the next 18 months after strong growth in the past year.
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NewsDunkerton considers overseas flagship for SuperGroup
SuperGroup boss Julian Dunkerton is considering opening Regent Street-style Superdry stores overseas following the success of the London flagship.
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NewsGeorge targets online growth after multichannel boost
Asda’s fashion business George aims to generate 10% of sales online after bolstering its multichannel offer.
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NewsWhittard reviews overseas expansion plans
Tea and coffee specialist Whittard of Chelsea is to expand in to the Ukraine and Mexico as it continues to pursue international growth.
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NewsWestfield Stratford approaches £500m of sales
Westfield Stratford City has notched up almost £500m of sales since opening last September.
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NewsLand Securities: High streets 'may never recover'
Directors of retail property firm Land Securities believe that some high streets are doomed and “may never recover” from damage inflicted during the recession and downturn.
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NewsPaul Smith re-enters China
Paul Smith will return to China later this year as it plans to open 24 stores in the next five years in its second attempt to crack the country.
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NewsGame's Oxford Street store at risk of closure
Game’s landmark store on Oxford Street could be closed and forced to stop trading, after a landmark ruling against Game Group’s administrator PricewaterhouseCoopers (PwC).
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NewsClinton Cards boss exits as WHSmith considers bid
The administrators of Clinton Cards have ousted chief executive Darcy Willson-Rymer, it is understood, and WHSmith may enter the fray for control of the retailer.
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NewsIceland to open frozen food stores in Iceland
Frozen food specialist Iceland is to launch in the country of the same name after striking a deal with Johannes Jonsson, the father of controversial former Baugur boss Jón Ásgeir Jóhannesson.