All Property articles – Page 302
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NewsProperty chiefs slam CVAs
Property industry chiefs including Westfield’s Peter Miller have slammed Company Voluntary Arrangements and plans to introduce Chapter 11 style bankruptcy protection for UK companies.
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NewsRetailer wanted to run London 2012 stores
Retailers are being invited to tender for a contact to operate London 2012 stores in the run-up to the Olympics.
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OpinionRoads to nowhere
Investment in infrastructure — like the construction of Edinburgh’s new tram system — will inevitably cause disruption to retailers, but can’t be at any price.
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NewsTesco unveils sale and leaseback
Tesco has carried out a new sale and leaseback transaction worth £514m in the latest phase of its ongoing programme to release value from its UK property portfolio.
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NewsBorders demands switch to monthly rent payment
Borders UK has written to landlords demanding an immediate switch from quarterly to monthly payments as September’s quarterly rent day hit.
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NewsBoots eyes more drive-throughs after trial success
Boots is to expand its drive-through pharmacy business on the back of soaring sales at its trial location.
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NewsRegent Street Festival draws large crowds
More than 600,000 shoppers converged on Regent Street last weekend for the annual Regent Street Festival.
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NewsGIVe debuts on Regent Street
Fashion entrepreneur George Davies opened his first GIVe store on London’s Regent Street on Wednesday.
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NewsRetailers get business rates revaluation
Retailers are able to discover how much they will be charged in business rates today after the Government revealed its revaluation rates.
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NewsBlacks to seek exits on store leases
Blacks Leisure is to contact landlords over the coming weeks to seek exits from the leases on the stores it intends to close, and could agree a company voluntary arrangement by November.
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NewsTesco retreats from Holmfirth superstore plan
Plans for a Tesco superstore in the West Yorkshire town of Holmfirth, home of the BBC comedy series Last of the Summer Wine, have been axed after a campaign by residents and local independent retailers.
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NewsHabitat takes store at Liverpool One
Furniture and homewares retailer Habitat has signed for a store in shopping centre Liverpool One.
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OpinionD-day for retailers
However much changes in the retail property market, the rent quarterday remains a key point in the calendar.
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NewsTesco ‘in talks to sell £400m property portfolio’
Tesco is reportedly in talks to sell a £400m portfolio of properties to a newly formed investment company seeking to take advantage of the opportunities of the recent falls in the value of UK commercial property.
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NewsRetailers to be hit by local car park tax
Retailers may be forced to pass on a new “shopping tax” to customers under new plans by local authorities to charge for parking spaces.
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NewsOriginal Factory Shop commits to 400-store expansion as sales rise
Value retailer Original Factory Shop has recorded a 27.1% rise in pre-tax profits to £9.7m in the year to March 29 as it lays out plans for 400 stores within five years.
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NewsHome Bargains to double stores as it speeds to £1bn sales target
Value retailer Home Bargains plans to smash its £1bn revenue target two years earlier than expected, after reporting record sales and earnings in its full-year accounts.
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OpinionRetail surgery: Liability for rent on assigned leases
I assigned my shop lease to a tenant over five years ago. The landlord has now demanded rent from me because that tenant is insolvent. Can it do this?
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News
Conforama to test smaller format called Confo Deco
PPR-owned household goods retailer Conforama is to test a new smaller format called Confo Deco, the first of which is expected to open in France in the first half of next year.Confo Deco will cover about 5,380 to 8,610 sq ft and focus on home decoration. Stores will be located ...
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NewsTopshop opens second largest store at Liverpool One
Topshop opened its second largest store in the UK last week at Liverpool One, attracting queues of shoppers.