Latest property news – Page 52
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NewsToys R Us bids to shutter quarter of UK stores in CVA
Toys R Us is poised to unveil plans to shutter a quarter of its UK stores through a company voluntary arrangement (CVA).
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NewsFirst look: Tesco and Next launch shop-in-shop tie-up
Tesco is piloting a shop-in-shop tie-up with fashion giant Next as the grocer seeks new ways to utilise excess store space.
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NewsSports Direct 'front runner' to buy Brixton markets
Sports Direct has emerged as the front runner to snap up Brixton’s covered markets in a £30m swoop.
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NewsPep&Co to expand into Europe through Dealz tie-up
Pep&Co will roll out shop-in-shops in Poundland’s European retail arm Dealz next year in Ireland, France and Spain.
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NewsHarrods launches major £200m refurbishment
Harrods has started a £200m redesign to enhance its appeal to shoppers from overseas, especially those from Asia.
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NewsMountain Warehouse boss takes on Tiger with new venture
Mountain Warehouse founder Mark Neale has launched new retailer Neon Sheep to target the ‘impulse gifting’ sector, Retail Week can reveal.
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NewsRetailers urge Chancellor to deliver 'shoppers' Budget'
Retail leaders have urged Chancellor Phillip Hammond to deliver “a shoppers’ Budget” and put a lid on “inexorable” rises in costs such as business rates.
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NewsMountain Warehouse profits jump as it revs up expansion
Mountain Warehouse recorded a rise in half-year profits and sales as it beefs up international expansion and rolls out activewear brand Zakti across its stores.
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NewsHolland & Barrett revs up for 'aggressive' EU expansion
Holland & Barrett’s chief financial officer Chris Keen said its new owners L1 Retail have ‘taken the shackles off’ its international expansion ambitions.
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News
Tesco-Booker deal wins CMA approval following probe
Tesco’s proposed merger with wholesale supplier Booker has edged closer as the £3.7bn deal was provisionally cleared by the Competition and Markets Authority.
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NewsData: Store closures fall to lowest level since 2010
The number of retail store closures has fallen to its lowest level since 2010, although footwear and women’s fashion shops continue to feel the pinch.
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NewsFootfall slumps to lowest level since Brexit vote
Last month retail footfall dropped to the lowest rate since the EU referendum vote last June, exacerbated by poor shopper turnout at shopping centres.
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NewsMary Portas high street campaign fails, data shows
The towns revamped under Mary Portas’ ‘Save the High Street’ campaign have lost almost 1,000 shops in just five years, new data has revealed.
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NewsOxford Street pedestrianisation moves step closer
Ambitious plans for the transformation of London’s Oxford Street have been unveiled as the prime shopping street moves a step closer to becoming pedestrianised.
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NewsWhole Foods to shutter its two stores outside London
Whole Foods Market is planning to shutter its only two stores outside of London, just months after it was acquired by Amazon.
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NewsBusiness rates ‘olive branch’ expected in Budget
Chancellor Philip Hammond is considering abandoning plans to increase business rates by 3.9% next April.
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NewsMarks & Spencer expected to push on with store closures
Marks & Spencer is expected to drive on with a store closure plan and the shutters could come down on more branches.
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NewsRetail Week's Interiors Awards winners revealed
Missguided walked away as the winner of the Retail Interior of the Year award at the 20th Retail Week Interiors Awards last night.
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NewsFatFace profits dip despite sales rise
FatFace’s profits dipped last year despite rising sales as the company ploughed investment into expansion and logistics.
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NewsFenwick profits slump as it firms up 2019 online launch
Fenwick has suffered a slump in full-year profits as markdowns and investments in its digital capabilities dented its bottom line.