All Property articles – Page 311
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News
Lidl seeks sites in Romania
Discount chain Lidl is looking for store sites as it prepares to enter the Romanian market, according to local media.The German group wants plots ranging from between 43,000 and 86,000 sq ft in towns with 30,000 inhabitants or more. Lidl plans to open stores in Galati, Bistrita-Nasaud, Lasi, Medias and ...
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NewsJJB Sports completes refinancing
JJB Sports has completed its refinancing and ended its standstill agreement with its banks.
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NewsLidl invests in document management system
Lidl UK is to introduce a document management system within its property division that will digitise more than 200,000 documents.
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OpinionFrancis Salway departure would be retail’s loss
For Land Securities chief executive Francis Salway to go would be a massive setback to all the work which has gone on to improve relationships between landlords and retailers.
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NewsNew Bay Trading owner enters lease talks
Bay Trading’s new owner has entered into lease negotiations after buying a raft of stores and concessions from the administrator of the chain.
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NewsWestfield London cuts service charge
Australian shopping centre owner Westfield is to reduce service charges by 7 per cent at its Westfield London shopping centre following a campaign from disgruntled retailers.
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NewsVirgin Media steps up retail expansion with 50-store plan
Technology and entertainment retailer Virgin Media has announced an aggressive roll-out of its store format in an attempt to significantly increase its high street presence and to capitalise on lower rents and landlord incentives.
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NewsModus Ventures collapses into administration
Manchester-based property company Modus Ventures has fallen into administration.
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NewsRetailers to claim as Bullring scare ‘decimates’ trade
Retailers angry at facing estimated losses of at least £2m after a suspected chemical leak closed Birmingham’s Bullring shopping centre are tabling claims against the scheme’s landlord.
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NewsAsda and Tesco battle for stores site
Supermarket giants Asda and Tesco are embroiled in a dispute in Coalville, Leicestershire, where both retailers have submitted plans to develop stores.
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NewsBorders mulls larger-store disposals
Borders is in talks with restructuring specialists about disposing of some of its stores, although chief executive Philip Downer said no closures are imminent.
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NewsEx-Woolworths boss Tony Page targets landlords for investment
Former Woolworths director Tony Page is in fresh talks with potential investors as he seeks to raise cash to start up a new retail chain in the wake of Woolworths’ collapse.
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News
BPF calls for help with regeneration scheme funding
The British Property Federation (BPF) has called on the Government to do more to fund retail and mixed-use schemes facing difficulties.
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Analysis
Hello sunshine: tourist town retailers should make the most of more UK holidays
The weak pound is forcing many Brits to scrap trips abroad while attracting more tourists to the UK, and retailers in the right towns can take full advantage this summer, says Ben Cooper
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NewsPuma to axe all but one UK store as it cuts costs after punishing Q1
German sportswear retailer Puma is exiting all but one of its UK stores as part of a major international disposal programme.
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NewsJohn Lewis unveils new home store format name
John Lewis has revealed that the name of its new format home and electricals store will be ‘John Lewis at home’.
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News
Land Securities chief given warning about future
Land Securities chief executive Francis Salway has been given an ultimatum to turn the struggling landlord around or face the sack, according to weekend newspaper reports.
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OpinionOnce again, landlords are stuck between a rock and a hard place
After Stylo and JJB Sports, Clinton Cards placing Birthdays into administration is another sign of the times.
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News
Three new retailers for Ashford Designer Outlet
Three retailers have signed up for space at McArthurGlen’s Ashford Designer Outlet, which has had an increase in sales over the last four months.Sailing and country sports clothing brand Musto, US footwear brand Skechers and women’s fashion label Phase Eight have all take stores in the outlet centre, in Kent.The ...
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NewsPedestrianised Oxford Street pulls in 500,000 shoppers
Up to £50m was spent in London’s West End stores on Saturday as 500,000 shoppers took advantage of a traffic-free Oxford Street.