Latest property news – Page 222
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News
Retailers’ expansion abroad continued in 2008 despite downturn
International expansion by retailers continued throughout 2008 despite the tough global economic climate, a report has revealed.
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NewsTesco to ramp up telecoms shops
Tesco is to double the number of in-store telecoms shops in its supermarkets by the end of the year.
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NewsNearly 20,000 jobs threatened by business rates rise
Business rates rises could kill off nearly 600 retail businesses resulting in 19,300 redundancies by 2012, according to the British Retail Consortium (BRC).
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News
UK retains position as most international market
The UK has retained its position at the top of the international market rankings.According to a survey conducted by property agency CB Richard Ellis, the UK is still home to more international retailers than any other market.As part of the study, How Global is the Business of Retail?, 280 retailers ...
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News
Shopping centre plans for Europe slow down
More than 75 million sq ft of planned shopping centre development space in Europe has been axed or put on hold as a result of the global downturn.According to a report from property agency Cushman & Wakefield, about 107.6 million sq ft of new shopping centre space will open across ...
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NewsMen’s fashion brand Boggi enters the UK
Italian menswear retailer Boggi has entered the UK market with a store in the West End of London and plans to open at least four more in the Southeast.It has opened on Jermyn Street – famed for its upmarket tailored menswear stores – and has signed for a second unit ...
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NewsOpening date set for Bath's Southgate scheme
Multi Development has confirmed the opening date for the first phase of its Southgate project in Bath.
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NewsMarks & Spencer signs to Aberdeen's Union Square
Marks & Spencer has signed to anchor Union Square in Aberdeen when the scheme opens this autumn.
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NewsWork under way on Oxford Circus diagonal crossing
Work began this week on a project to transform London’s shopping mecca Oxford Circus.A new diagonal crossing, based on Tokyo’s famous Shibuya crossing, will be built on the intersection between Regent Street and Oxford Street in the West End.Westminster Council said the work will make ...
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News
Slaters roll-out continues
Menswear retailer Slaters opened its 25th store in Swansea last week and said it believed customer service was key to riding out the downturn.
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NewsPerfectHome accelerates expansion
Rent-to-buy specialist PerfectHome is ramping up its store expansion as cash-strapped shoppers drive sales.
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NewsGermany’s Butlers plots UK comeback
German homewares retailer Butlers, which offloaded all but one of its UK shops last year, is gearing up to open a tranche of new stores.
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NewsAsda to build its largest store in Northern Ireland
Supermarket retailer Asda has been given the nod to build what will be its largest store in Northern Ireland after nearly three years of awaiting a planning decision.Asda will now develop the 54,000 sq ft store at a cost of £25m at outlet centre Junction One in Antrim.The decision to ...
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NewsSpecsavers relocates Leeds store
Optician Specsavers is to relocate its store in Leeds into a unit double the size of its existing city centre shop.
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NewsCardiff's St David's 2 shopping centre adds raft of new retailers
Land Securities and Capital Shopping Centres have added a major wave of retailers to the St David’s 2 shopping centre in Cardiff, taking the scheme to nearly 55 per cent let.
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NewsNew Look signs for Southgate in Bath
New Look has signed up for a store at the Southgate development in Bath.
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NewsNew website highlights business impact of empty rates
The British Property Federation has launched a website highlighting the impact empty property rates have on businesses.
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News
Westfield falls short of Next’s expectations
Next chief executive Simon Wolfson said that its Westfield London shop has so far performed below expectations and that the scheme has had less of an impact on its West End shops than it anticipated.Wolfson said Next, which this week reported like-for-like sales down 6.5 per cent in the full ...
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News
Gap signs for first store in Republic of Ireland
US fashion retailer Gap has signed for its first store in the Republic of Ireland, in Dundrum Town Centre shopping centre in Dublin.
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NewsRetailers and landlords join forces to cut service charges
A consortium of some of the country’s top retailers and landlords has produced guidelines for landlords laying out ways they can cut retailers’ service charge bills by up to 20 per cent.