All Property articles – Page 222
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NewsRetail administration levels fall but Christmas fears remain
The number of retail administrations fell in the last quarter however fears remain that Christmas could send a number of retailers out of business.
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News
Walgreens to close 76 USA Drug-affiliated stores
Walgreens is to close its 76 USA Drug-affiliated stores by November as part of its acquisition of LaFrance Pharmacy.The closures will be in Tennessee, Mississippi and Arkansas. The programme comes after Walgreens announced the $438m (£269.9m) LaFrance acquisition in July.Walgreens spokesman Jim Graham said: “Our decisions about store closures are ...
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News
Construction begins on The Mall of San Juan
Construction has begun on a new luxury mall that will bring Nordstrom and Saks Fifth Avenue to the US territory for the first time.The Mall of San Juan is being built near the main international airport and represents a $405m (£250m) private investment.
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Opinion
Retail Surgery: Is there any movement on liability to pay full business rates on empty shops?
Is there any movement yet on the onerous liability to pay full business rates on empty shops?
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NewsFair Rates for Retail: Retailers urge rates freeze
Top retailers have called for a freeze on business rates and changes to how the charge is calculated as they face a likely increase of £200m next year.
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NewsSports Direct poised to buy 60 JJB Sports stores as deal imminent
Sports Direct is close to sealing a deal to buy 60 stores from JJB Sports with sources saying the sale may be completed later today.
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NewsKingfisher opens 1,000th store worldwide
B&Q owner Kingfisher will open its 1,000th store globally today in Poland.
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NewsSports Direct closes in on JJB Sports deal despite Adidas obstacle
Unwanted JJB Sports stores are likely to face rapid closure if, as expected, likely buyer Sports Direct snaps up the retailer’s prime stores and stock.
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Analysis
Analysis: A new phase for retail in London’s West End
London’s West End has bucked the downturn but it can still be improved. Nicola Harrison looks at the latest vision for the district.
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News
Gap to open four Gap Outlet stores in China
The first shop was due to open on September 22 in Ningbo, followed by two in Shanghai and Tianjin.A fourth store is expected to open later this year at the Scitech Premium Outlet Mall in Beijing.Gap China president Redmond Yeung said: “As we continue to execute our expansion strategy in ...
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News
ICA opens ‘ICA to go’ pilot
Ahold-affiliated Swedish grocery retailer ICA has opened an ‘ICA to go’ pilot store in a metro station in Hornstull. The retailer will also shut the first pilot store it tested.ICA business development manager Mats Munther said: “We mainly operated the store in order to test our offering. We have learned ...
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OpinionComment: Are joint store concepts the way foward?
Exciting news from Japan, where two of the country’s leading retailers are teaming up to launch a joint store concept.
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GalleryIn pictures: Kiddicare poised to open first standalone store
Morrisons-owned Kiddicare opens its first standalone store (it already has a 50,000 sq ft store that forms part of its head office and distribution depot complex in Peterborough) on Wednesday as it reveals the use to which it will put the 10 sites it acquired from Best Buy earlier this year.
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News
Tie Rack property chief Martin Morgan joins Harper Dennis Hobbs
Tie Rack Retail group property and franchising director Martin Morgan has been hired by property agent Harper Dennis Hobbs to head up its new global travel retail arm.
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NewsKiddicare hails new era as it targets £200m sales
Baby etailer Kiddicare is targeting a rapid rise in turnover to £200m by 2016 as it pushes the button on a radical transformation of its brand and operations.
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News
Casino develops new store model for Naturalia
Casino is developing a new model for its organic products banner Naturalia. A new Paris store will feature enhanced signage with detailed explanations of displays for customers unfamiliar with organic food. The store will be traditional in appearance, with recycled wooden pallets and gravel-look flooring. The design will be applied ...
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NewsSchuh launches Kids fascia to take slice of children’s market
Footwear retailer Schuh is opening a standalone kids fascia to tap into the children’s market.
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AnalysisInfographic: Primark Tottenham Court Road
Value fashion gaint Primark opened its second Oxford Street store today, at the Tottenham Court Road end of the shopping Mecca.
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NewsAsos boss Nick Robertson questions need for physical stores
Asos boss Nick Robertson has questioned what role the physical store will play for the next generation of shoppers.
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News
Home Depot to close remaining big-box stores in China
US-based home improvement retailer Home Depot is to close its remaining seven big-box stores in China. However, it will keep a new formats team in the country to continue research and development. In addition, the retailer is retaining two recently opened specialist stores in Tianjin – a paint and flooring ...

















