Latest property news – Page 190
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NewsJJB set for showdown with landlords over second CVA
Angry property owners threaten not to support another CVA now the market has picked up
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NewsHugo Boss sell-off suits new-look Moss Bros
Moss Bros boss Brian Brick has hailed the decision to sell its 15 Hugo Boss franchise stores to Hugo Boss UK for £16.5m as a “transformational” moment for the group.
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NewsGo Outdoors considers float as its plans for growth accelerate
Outdoor specialist Go Outdoors will decide whether to push the button on a float of the business early next year, after having ruled out a sale.
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NewsHed Kandi shuts stores less than a year after launch
Music and lifestyle retailer Hed Kandi has shut its two stores less than a year after opening.
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News22 British Bookshops stores bought by WHSmith
The British Bookshops & Stationers (BBS) name is set to survive for the foreseeable future after WHSmith purchased the intellectual property rights of the business plus 22 stores for £1m.
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NewsFonehouse hunts new stores as old ones are refitted
Mobile phone retailer Fonehouse is ramping up the roll-out of its new store format as it plans to triple its store count by early next year.
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NewsJack Wills to expand further overseas
Preppy fashion retailer Jack Wills is to expand further internationally, with the US, Europe and the Far East in its sights.
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NewsTesco completes sale and leaseback of 21 shops
Tesco has completed a sale and leaseback transaction as it continues with its programme to release value from its UK property portfolio.
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NewsSainsbury's suffers setback in plans to move HQ to King's Cross
Sainsbury’s has suffered a setback in its plans to move its head office to King’s Cross after a lack of buyers for its current Holborn location.
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NewsWHSmith buys 22 shops from British Bookshops & Stationers
WHSmith has bought 22 shops and intellectual property from collapsed books chain British Bookshops & Stationers for £1.05m.
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NewsPets Corner profits up as it plots expansion
Pets retailer Pets Corner has notched up pretax profits of £1.14m in the three months to the end of December – a quarterly rise of 105%.
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NewsFormer Borders boss plans new retail business
Philip Downer, the former boss of defunct bookseller Borders UK, is mulling a new retail venture.
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NewsFresh & Easy hunts small stores to extend its reach
Fresh & Easy, Tesco’s US business, is considering smaller stores as it seeks out new locations in northern California.
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NewsIrish parties promise to end upward-only rents
Upward-only rent reviews are set to be banned on existing leases in Ireland if the highly anticipated coalition government is installed.
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NewsWaterstone's to close 11 shops
Waterstone’s will close 11 stores as part of parent HMV’s plan to shed 60 stores across the group this year.
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NewsBravissimo to launch new womenswear fascia
Lingerie retailer Bravissimo is to launch a new fascia and expand its offer to a full womenswear range.
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NewsHMV begins closing stores
HMV has shut nine shops as part of its plans to close 60 across the group as it seeks to cut costs.
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NewsBurberry to move into Habitat store on Regent Street
Luxury fashion retailer Burberry is to take the store on Regent Street which is currently occupied by Habitat.
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NewsO2 store managers most at risk due to retail restructure
O2 store managers are most at risk by store closures and the management restructure, according to the Communication Workers Union.
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NewsFormer owners buy 12 Suits You stores
Peter Lucas and Arafa Holding, the former owners of collapsed menswear chain Suits You, have acquired 12 of its 66 stores through Baird Group and relaunched them under the Suitdirect fascia.