Latest property news – Page 203
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News
Sale of Poundland will speed up moves to expand overseas
Poundland is edging closer to an overseas debut under its new owner, US private equity firm Warburg Pincus, which bought the retailer for £200m.
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NewsWestfield London targeted by gang of robbers
Westfield London has been targeted by a gang of robbers who stole hundreds of thousands of pounds worth of jewellery.
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NewsWestfield Stratford signs raft of retailers
Westfield has said it has made “excellent progress” at its Stratford shopping centre, with a raft of signings including Primark, Topshop and H&M.
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NewsUK remains international retailers’ favourite
The UK has retained its position as the most attractive market for international retailers to expand into as the growth in retail expansion has slowed amid the economic crisis.
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NewsAbercrombie & Fitch sister brand Gilly Hicks signs to debut at Westfield London
Abercrombie & Fitch sister brand Gilly Hicks will make its debut in the UK this autumn after signing its first store at Westfield London.
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NewsBijou Brigitte eyes shopping centres for UK growth
German accessories retailer Bijou Brigitte plans to open up to 20 stores in the UK this year.
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NewsMountain Warehouse to hike up expansion
Outdoor specialist Mountain Warehouse is gearing up for further expansion after reporting post-tax profits of £3.9m in the year to February 28, up 72% on last year.
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NewsForever 21 on track for UK debut in Birmingham
US fashion giant Forever 21 has signed its second deal for a UK store in Birmingham’s Bullring shopping centre, which is likely to be its first to open here.
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NewsGame suffers body blow as two top chiefs exit amid results woe
Game was dealt a blow this week with the exit of its two most senior executives as it revealed a sharp fall in full-year profits and turnover and plans to close more than 100 stores.
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NewsBeales kicks off stores drive with new format
Department store group Beales has opened a standalone menswear shop at Fareham in Hampshire.
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NewsDream profits and sales for bed market leader
Bed retailer Dreams has bucked the downturn to achieve pre-tax operating profits up 36% to a record £18.4m last year as it drove costs down and benefited from economies of scale.
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NewsDSGi to trial Starbucks cafes in its megastores
Electricals group DSGi is to experiment with in-store cafes in partnership with coffee giant Starbucks.
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NewsSainsbury’s hits convenience store target
Sainsbury’s has hit its first year convenience store target as it seeks to build further the convenience side of the business.
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NewsAsda plans 150 Living stores in bid to be UK’s leading non-food retailer
Asda has confirmed that it is aiming to become the UK’s biggest non-food retailer by growing the number of Asda Living stores fivefold to 150.
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NewsWhole Foods Market revives UK expansion
US organic grocer Whole Foods Market has revived its plans for expansion in the UK as its US business starts to recover from the economic slump.
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NewsBestseller Ireland goes to court over rents
Bestseller Retail Ireland, which operates young fashion chains Jack & Jones and Vero Moda in the Republic of Ireland, is due to enter a High Court battle with landlords this week over its attempts to exit its leases, according to reports.
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NewsLaura Ashley weighs up new formats to fuel expansion
Standalone kids’ stores and more gift and accessories shops on the cards as profits and sales climb
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NewsProperty deals tempt H&M into out-of-town store growth drive
Swedish fashion giant H&M is pushing into out-of-town locations as it takes advantage of newly available space and attractive property deals for its continued UK expansion.
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NewsConran Shop pop-up trial could pave way for small-format stores
The Conran Shop is trialling a smaller store format that could be used to extend the brand into new locations in the UK or overseas.
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NewsWickes to cash in on MFI gap with new-format trial
DIY retailer Wickes is opening standalone kitchen and bathroom stores to expand geographically and soak up market share left by MFI’s collapse in 2008.