Latest property news – Page 172
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NewsFormer Woolworths stores almost filled
Just over 100 former Woolworths stores vacated following its collapse in January 2009 remain empty.
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NewsPeacocks collapses into administration, 10,000 jobs at risk
Debt-laden value clothing retailer Peacocks has hit the buffers after a last ditch attempt by chief executive Richard Kirk to save the business failed.
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NewsBonmarche stores to close as part of rescue deal
Up to half of Bonmarché stores are likely to closed or be offloaded as part of a rescue deal to salvage the heart of the business.
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NewsAsda boss calls for planning freedom
Asda chief executive Andy Clarke has called on government to simplify planning legislation quickly to create a “turning point” for UK growth.
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NewsHawkins Bazaar attracts interest as further stores close
A buyer is close to acquiring gift and toy retailer Hawkins Bazaar and its wholesale parent company Tobar Group, it is understood.
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NewsSurrey Quays Shopping Centre 100,000 sqft extension plans
The owners of Surrey Quays Shopping Centre in south east London have submitted an application to extend the centre by 100,000 sq ft.
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NewsRichard Kirk in eleventh hour talks to save Peacocks
Peacocks chief executive Richard Kirk has been in crunch talks to thrash out a deal to save the value clothing chain with a mystery investor.
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NewsPast Times collapses into administration
Past Times has collapsed into administration after appointing KPMG this afternoon.
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NewsQD plans expansion after solid Christmas
Value retailer QD Stores delivered its “best ever Christmas”, as it eyes acquisition opportunities in a bid to expand during 2012.
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NewsZiff buys bulk of Barratts stores
Owner of Barratts Priceless Group Michael Ziff has struck a deal with administrators to buy the bulk of its stores.
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NewsHallmark plays international card
Greetings card retailer Hallmark has laid out plans for international expansion as it launches a business review under new chief executive Steve Wright.
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NewsThe Perfume Shop eyes 2012 growth after strong Christmas
The Perfume Shop delivered a strong Christmas performance as like-for-likes traded up 4.5% driven by “flexible and competitive” offers.
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NewsTesco’s expansion into India undeterred by FDI uncertainty
Tesco has reiterated its commitment to expansion in India despite the false dawn of proposed changes to the rules on multi-brand Foreign Direct Investment (FDI).
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NewsAlshaya to revamp La Senza stores and product as it hires CBRE
La Senza’s new owner Alshaya will introduce new product lines and revamp stores as part of its plan to turn around the ailing lingerie brand.
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Target announces Canadian store locations
Target has announced the locations of its first 24 stores in Canada. The Ontario stores will open in March and early April 2013 in London, Kawartha Lakes, Newmarket, Milton, Cambridge, Toronto, Mississauga, Ajax, Orillia, Brampton, Windsor, Burlington, Aurora, Fergus, Hamilton, Guelph, Waterdown and Whitby. Target Canada president Tony Fisher said ...
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NewsLa Senza sold to Alshaya UK
Troubled lingerie chain La Senza has been sold to the UK division of Middle Eastern trading house Alshaya following a pre-pack administration.
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NewsDunelm margins improve as like-for-likes grow 1.1%
Dunelm like-for-likes increased 1.1% in the 26 weeks to December 31 and it expects first half pretax profit to come in at about £52m.
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NewsJD formally acquires Blacks
JD has formally acquired Blacks Leisure for £20m from administrator KPMG.
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GNC to expand outside the US
Nutritional specialist GNC is to expand outside the US, with plans for more than 200 new international stores, chief executive Joe Fortunato told the Pittsburgh Tribune-Review. The openings include new market entries in Russia, Brazil and the EU.GNC, which already operates about 2,500 international stores, also plans 160 new stores ...
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Ikea to open South Korean store in 2014
Ikea has acquired a 841,715 sq ft plot in Gwangmyeong, Gyeonggi Province, Chosun Ilbo reports. The home furnishings retailer plans to open a store on the site in 2014.Ikea Korea said that, to cater for local consumer habits, delivery and assembly services would be provided through a subcontractor.