Latest property news – Page 61
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NewsBlue Inc landlords brand CVA 'stay of execution'
Blue Inc’s landlords have rubbished the struggling menswear retailer’s attempts to stay afloat by undergoing the second CVA in a year.
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NewsToday in Retail: Storm clouds gather over Blue Inc
With John Lewis Partnership’s warning of the “increasingly uncertain market” ringing in retailers’ ears, today the industry was served another note of caution.
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NewsPret: Rate hikes rule out stores in London postcodes
Business rate rises have made operating stores in some areas of London untenable, said Pret a Manger chief financial officer Adam Jones.
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NewsRetail industry hits out at 'disappointing' Budget
The retail industry has blasted the Government for failing to tackle the growing issue of crippling business rates in today’s Budget.
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NewsAirbnb UK boss: Capitalise on your underused space
The UK boss of Airbnb has said retailers should follow the model of the online travel marketplace and open their underused space to build a stronger relationship with loyal customers.
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NewsBudgens to lose 30 stores in franchisee administration
More than 30 Budgens stores are set to close with the loss of 815 jobs after the franchisee running the shops plunged into administration.
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NewsNext and New Look sign up to Telford's new fashion mall
Next and New Look have penned pre-let deals at Telford Shopping Centre as the town’s fresh fashion mall takes shape.
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NewsToday in retail: Mike Ashley – retail’s agent provocateur
Sport Direct founder Mike Ashley is renowned for his provocative behaviour – but the retail mogul caught the sector’s attention today for a different reason.
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NewsBusiness rates: Labour ramps up pressure over reform
Shadow chancellor John McDonnell will host a roundtable on business rates today as Labour ramps up the pressure on the government to reform the system.
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NewsThis week in retail: Primark's take on fashion market
Value fashion powerhouse Primark takes to the City catwalk this morning with a pre-close update ahead of next month’s interims.
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NewsRetail Acquisitions to sue Sir Philip Green over BHS HQ
Dominic Chappell’s company Retail Acquisitions plans to sue Sir Philip Green for £14m in relation to the sale of BHS’s London headquarters.
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NewsToday in retail: John Lewis not alone in jobs dilemma
This afternoon department store business John Lewis revealed that almost 400 roles are to go as it seeks to adapts to structural changes that are reshaping retail.
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NewsToday in retail: Is it a new Day for department stores?
Edinburgh Woollen Mill Group has snapped up a former BHS site in Wales, which is set to be named after the group’s owner Philip Day.
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NewsToday in retail: Asda stems the tide of falling sales
Asda may have recorded its 10th consecutive quarter of declining sales today, but new boss Sean Clarke was cautiously optimistic.
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NewsHammerson to offload property in new development focus
Hammerson is ready to offload more than £400m of property assets this year as it focuses its investment on new developments.
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NewsChancellor 'listening' to business rates concerns
The Chancellor Philip Hammond has indicated that he is ready to soften the business rates blow after telling Conservative MPs he was “listening” to concerns.
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NewsClarks kick-starts store portfolio shake-up
Clarks is launching a review of its store portfolio as new boss Mike Shearwood kick-starts plans to right-size and modernise its shops.
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NewsBreakfast briefing: Hammerson, Tesco and more
Retail news round-up: Hammerson revamps Brent Cross shopping centre and Tesco Ireland reports sales growth amid strike
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NewsThe Range targets shopping centre and high street stores
The Range is eyeing shopping centre and high street locations as it steps up efforts to diversify its store portfolio.
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NewsLondon first in global league for luxury openings
London played host to more luxury store openings than any other global city in 2016, according to a new ranking.