All Property articles – Page 256
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News
US clothing retailer Gap accelerates China expansion
US clothing retailer GAP has announced that it expects China to become a $1bn (£623m) business in three to four years as the company accelerates expansion there. Gap aims to grow its store network to 15 by the end of this year, including opening its first outlet in Hong Kong. ...
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News
Lidl denies withdrawal from Switzerland
Schwarz Group-owned discounter Lidl has denied it plans to withdraw from Switzerland. Following the recent demise of its long-standing country director Andreas Pohl, it has been reported that his successor, Matthias Oppitz, has been asked to place the Swiss operations under close scrutiny and freeze costs. Lidl is reportedly lagging ...
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OpinionNeed any more stores? I doubt it
Retailers must get the right multichannel mix of bricks and clicks, says Peter Williams.
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OpinionM&S strategy looks sound
So far so good for Marc Bolland. While the Marks & Spencer chief executive revealed a fall in first-half profits this week, the overall performance was in line with analysts’ expectations and most onlookers breathed a sigh of relief.
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NewsWestfield plans third London shopping centre in Croydon
Westfield plans to open a third London shopping centre in Croydon.
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NewsEtailer Chain Reaction on hunt for out-of-town locations in UK
Northern Ireland-based bikes etailer Chain Reaction Cycles is to open stores in the UK in another example of a predominantly online retailer eyeing opportunities in physical space.
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News
Aldi Nord to embark on major investment programme
Aldi Nord, the more austere of Aldi’s two main operating companies, is about to embark on the biggest investment programme in its history with plans to refurbish all its European stores.A model unveiled in the Belgian town of Ghent is to serve as the blueprint for the new store design. ...
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News
Sale of Galeria Kaufhof in the offing
A sale of Metro-owned department store chain Galeria Kaufhof could be in the offing, as local press reported interest from billionaire Greek investor George Economou.Meanwhile, Nicolas Berggruen, owner of rival department store chain Karstadt, has also tabled a bid, according to reports. It is not known whether Berggruen is interested ...
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NewsRiver Island to launch standalone shoes and accessories store
Fashion retailer River Island is to launch a new fascia selling only shoes and accessories in Nottingham this month, Retail Week can reveal.
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News£1 rents as landlords try to avoid business rates
Shops are being let for just £1 to retailers on some depressed high streets as landlords try and avoid paying business rates.
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NewsFirst M&S Food on the Move store to be trialled in London
Standalone shop will sell hot and cold food from the retailer’s existing ranges targeted at commuters.
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AnalysisDo pure-play etailers need stores?
Traditional retailers have long grappled with multichannel strategies, but now it is etailers considering whether they need a bricks-and-mortar presence to compete. Rebecca Thomson reports.
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NewsPiccadilly improvements ease congestion for shoppers
The £14m overhaul of Piccadilly and its surrounding streets has been completed which will ease congestion for shoppers in the area.
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NewsNew chief at Clintons reveals recovery plan
Greetings card retailer Clintons is leading a four-pronged strategy to turn the struggling business around, including a property review that could include closing underperforming stores.
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NewsStore Twenty One to push trend-led fashion
Value clothing and homewares retailer Store Twenty One is to further increase its fashionability after its trendier lines helped it bounce back into the black.
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NewsNew flagship store for Hallmark
Greetings card retailer Hallmark unveiled its new flagship store in Leeds last week, showcasing its “less formal” brand positioning.
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AnalysisProperty pipeline: What do retailers need to know?
The opening of Parkway in Newbury a week ago heralds the last of the major shopping centres – at least until the economy is back on its feet
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NewsJohn Lewis to open smaller format store in York
John Lewis has revealed plans to open another smaller format department store, in York. -
OpinionProperty and retail
Over the past seven years the relationship between property and retail has improved and some stunning schemes have been built. But there remains much more to do.
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NewsH&M brands Monki and Cheap Monday open first UK stand-alones
H&M-owned brands Monki and Cheap Monday have signed for their first UK stand-alone stores on London’s Carnaby Street.