All Property articles – Page 313
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News
Hyper Hyper owner seeks further sites
The owner of fashion retailer Hyper Hyper, Baboo Sehgal, is looking for more sites after temporarily taking the old Zavvi store at the eastern end of London’s Oxford Street.Sehgal is offering rails for new designers and concessions in the Oxford Street shop.He will open another store on London’s Portobello Road ...
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NewsEmpty shops soar at Land Securities’ centres
One of Britain’s biggest shopping centre and retail park owners today admitted that void levels are higher than during the downturn in the 1990s.
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News
Government still not doing enough to protect town centres, says ACS chief
The Association of Convenience Stores has warned a group of MPs that there is “still much to achieve” in supporting town centres.
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News
Sainsbury’s takes former Woolworths store in Henley-on-Thames
Sainsbury’s is set to open up a shop in the former Woolworths store in Henley-on-Thames to trade its convenience store format.
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NewsWestfield service charge dispute progressing slower than hoped
A dispute between Westfield and a group of retailers including Debenhams, Marks & Spencer and Boots over service charge levels is ongoing despite indications from the Australian developer that a reduction was imminent.
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News
Temporary store opens in former Zavvi unit on Oxford Street
Clothing label Hyper Hyper has opened a temporary store in the former Zavvi unit at the East end of Oxford Street.
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OpinionJohn Lewis’s plan B could become retail’s plan A
Call it pragmatism or call it a compromise, but John Lewis’s venture into standalone home and electricals stores is a sign of quite how far retailers are having to move away from their well-trodden paths property-wise.
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NewsForever 21 closes in on UK debut on Oxford Street
US fashion retailer Forever 21 is understood to have made offers on two stores on Oxford Street as part of plans for European expansion.
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NewsConsumer confidence falls as unemployment concerns grow
Consumer confidence has fallen nine points since last October, according to figures from the British Retail Consortium and Nielsen.
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NewsTalks reopen for new Nottingham Armani store
Nottingham City Council is prepared to re-enter talks with Armani after it rejected the fashion retailer’s plans to open in the city.
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NewsCarpetright targets high street as property prices plummet
Carpetright, the UK’s largest flooring retailer, is shifting its focus from out-of-town back to the high street to take advantage of falling rents, which have plunged by as much as 50 per cent.
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NewsBest Buy scales back UK plans
US electricals retailer Best Buy is scaling down its UK plans but remains committed to the market.
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NewsJohn Lewis to launch standalone home and electricals format
John Lewis is to open standalone homewares and electricals stores in a bid to gain greater coverage of the UK market.
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OpinionLand Securities plan for retail startups shows imaginative thinking
Land Securities should be applauded for its plan to back start-up and expanding retailers — it’s a rare example of landlords and retailers working together.
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NewsSports Direct proposes offloading stores to counter competition concerns
An offer by Sports Direct to sell stores in five local areas as part of its acquisition of 31 JJB shops is being considered by the Office of Fair Trading (OFT).
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News
Land Securities to back start-up retailers with capital venture company
Land Securities is investing £5m in a venture capital company to back new and expanding retailers.
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NewsWestfield London backs down over service charges
Westfield has backed down over a dispute with tenants over service charges after months of wrangling with retailers at its London shopping centre.The Australian landlord had been battling with retailers including House of Fraser and Debenhams over charges at the centre. Westfield London had charged £14 per sq ft, about ...
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NewsNew Look to rival fashion giants as it aims to double trading space
New Look is aiming to double its trading space to over 7 million sq ft in the UK, putting it in the running to become Britain’s biggest fashion retailer by floor space.
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NewsJJB Sports CVA hailed as ‘sea change’ in retailer-landlord relations
JJB Sports executive director Peter Williams said the approval of its company voluntary arrangement marks a “sea change” in the relationship between retailers and landlords.
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NewsWHSmith considers increasing presence in overseas airports
WHSmith is contemplating further overseas expansion of its travel business by opening in more foreign airports.