Latest property news – Page 77
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NewsHigh street sales slump 4.3% in November after Black Friday 'damp squib'
High street sales slumped 4.3% in November after the ‘damp squib’ of Black Friday saw footfall tumble while trade shifted online.
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NewsMarks & Spencer loses Supreme Court appeal over battle with BNP Paribas
The Supreme Court has today unanimously rejected a legal appeal by Marks & Spencer following a long-running dispute with its former landlord BNP Paribas.
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NewsTopps Tiles boss targets B&Q and Homebase shoppers to boost market share
Topps Tiles boss Matthew Williams has set his sights on wooing B&Q and Homebase shoppers with new ranges in a bid to grow market share.
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NewsFootfall slump worsens over Black Friday weekend but retail parks recover
Footfall slumped across Black Friday weekend as consumers continued to take advantage of online flash Sales rather than visiting stores.
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NewsMonsoon Accessorize property director steps down to volunteer in Africa
Monsoon Accessorize property director Holly Ledson is stepping down to carry out charity work in Africa, Retail Week can reveal.
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NewsArcadia posts rise in operating profit despite like-for-like sales fall
Fashion giant Arcadia, controlled by tycoon Sir Philip Green, has posted a rise in earnings but like-for-likes have slipped in the new financial year.
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NewsKingfisher's strong UK trading offset by weaker France performance
DIY giant Kingfisher has reported rising third-quarter profits but a strong UK performance was offset by weaker trading in France.
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NewsPets at Home sales and profits rise in first half as VIP membership grows
Pets at Home has recorded an increase in sales and profits in its first half as the retailer invested in its customer proposition.
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NewsIkea UK full-year sales up 11.3% as four new big stores planned
Ikea has revealed an 11.3% rise in full-year UK sales as it seeks to boost its presence with four new big-box stores and a new smaller format.
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NewsFeelunique.com to open four bricks-and-mortar stores in Paris
Beauty retailer Feelunique.com is launching it first stores in a major city following the acquisition of French chain Parfumeries Rive Droite.
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NewsAustralian accessories retailer Lovisa to make UK debut in Trinity Leeds
Australian accessories retailer Lovisa is to make its UK debut ahead of Christmas at the Trinity Leeds shopping centre.
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NewsPoundland to trial multi-price format in former Family Bargains stores
Poundland plans to trial a new multi-price store format using some of the Family Bargains shops it picked up in its acquisition of 99p Stores.
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NewsNew York’s Upper 5th Ave. tops world's most expensive shopping street
Upper 5th Avenue has been named the most expensive shopping street worldwide as retail rents jumped 35% across the globe.
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NewsB&M half-year profits and revenues surge as store openings hit record levels
B&M’s half-year profits and revenues have surged on the back of a record level of store openings as the value retailer snaps up the shops of more established retailers.
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NewsIkea considering first high street store on Oxford Street
Ikea is in discussions about trialling one of its ‘order-and-collection point’ store formats in the current BHS building on Oxford Street.
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NewsAldi and Lidl to open five times as many stores as big four
Aldi and Lidl are eyeing five times as many new store openings as their big four rivals combined as the duo ramp up their UK expansion.
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NewsRetail parks continue resurgence as high streets and shopping centres suffer
Retail parks continued their resurgence in October as footfall jumped 2.9% to outperform high streets and shopping centres.
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NewsJohn Lewis to anchor £850m Edinburgh St James development
John Lewis has agreed to anchor the 1.7m sq ft Edinburgh St James development after settling a disagreement with the city’s council.
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NewsWatch: Friars Walk shopping centre opens its doors in Newport
Friars Walk has become the fourth large retail development to open in the UK this year. We spoke to developers and retailers behind the scheme.
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NewsBurberry reduces size of Hong Kong flagship to cope with Asia slowdown
Burberry is seeking to deal with a sales slowdown in its Asian business by dramatically reducing the size of its Hong Kong flagship store.