All Property articles – Page 2
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News
John Lewis property chief to step down later this year
John Lewis property supremo Chris Harris has resigned after five years in the role.
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News
Asda and Sainsbury’s ordered to end ‘anti-competitive’ property restrictions
Asda and Sainsbury’s are removing restrictions on rivals operating on land they own following an intervention by the competition regulator.
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News
Wilko considers CVA among turnaround options
Variety retailer Wilko is pondering the possibility of a CVA among a range of options as new chief executive Mark Jackson seeks to turn around the business.
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News
London Designer Outlet posts record sales
London Designer Outlet (LDO) has posted its best first-quarter results on record, with sales up 17% year on year.
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News
John Lewis set to downsize London HQ as staff favour working from home
John Lewis Partnership is set to exit its headquarters and search for new offices in central London “because it needs less space” as staff continue to work from home following the pandemic, according to a report in The Times.
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Analysis
Has Regent Street overtaken Oxford Street as the UK’s most desirable retail location?
Oxford Street was once one of the most desirable retail thoroughfares on the planet, but a toxic mix of shady candy shops and shuttered stores have torched its reputation. All the while, investment from new brands and high street heroes has been flowing into neighbouring Regent Street.
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News
Exclusive: Oxford Street has more empty shops than average British high street
London’s premier shopping thoroughfare is lined with more vacant units than the average British high street, Retail Week can reveal.
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Gallery
Store gallery: B&Q opens Local c-stores in high street push
DIY specialist B&Q has opened its first two smaller-format Local convenience stores as it plans to sharpen its focus on the high street.
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News
Mike Ashley in talks to become rivals’ landlord with £100m shopping centre investment
Mike Ashley is poised to invest up to £100m in shopping centres in a bet that rising footfall will boost their popularity.
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Analysis
Deep dive: Are we witnessing the death of the retailer HQ?
As hybrid working, advances in technology and cost pressures make the traditional head office less viable, Retail Week asks whether its days are numbered
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News
Morrisons strikes warehouse sale and leaseback deal for £220m
Morrisons is said to have entered a sale and leaseback deal to accelerate the rollout of its convenience store format.
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News
John Lewis launches £500m rental homes joint venture
John Lewis has partnered with investment firm Abrdn on a £500m, multi-decade partnership to deliver part of its rental homes target.
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Analysis
The Retail Inn: How brands are using hotels as a shop window
The Retail Inn: How brands are using hotels as a shop window
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News
Primark to plough £140m into UK high streets, creating 850 jobs
Primark has pledged to invest £140m into new shops across the UK during the next two years in a plan that will create at least 850 new jobs.
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News
Wickes embarks on new store opening programme
Wickes is set to begin a new store opening programme to address areas where it is underrepresented throughout the UK.
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News
Morrisons to close 132 McColl's stores putting 1,300 jobs at risk
Morrisons is to close more than 130 McColl’s stores, leaving 1,300 jobs hanging in the balance.
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News
Asda completes purchase of 132 Co-op petrol forecourts
Asda has formally completed a deal to acquire 132 petrol forecourt sites from the Co-op, subject to regulatory approval.
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News
New stores recovery threatened by £800m business rates rise
The rate of store vacancies improved in the third quarter across all retail locations, but physical retail’s recovery is in danger of being held back by an £800m increase in business rates costs.
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News
Ikea targets North West for expansion
Furniture and home giant Ikea aims to expand its presence in the North West where it will open three Plan and Order Points.
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News
Morrisons kicks off supermarket sale and leaseback plans
Morrisons has kick-started plans to sell off some of its supermarkets in a bid to raise cash during difficult economic conditions.