All articles by Retail Week online team – Page 10
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Guildford property sold
Prudential Property Investment Managers has bought 59 High Street, Guildford, from ING Real Estate Investment for£4.6 million, reflecting a net initial yield of 4.25 per cent. The property provides 3,695 sq ft (345 sq m) of retail and ancillary space over ground, first and second floors and is let to ...
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Slough Estates ditches Newbury pitch
Following its decision to withdraw from retail development and sell most of its retail portfolio to Land Securities, Slough Estates has withdrawn from the competition to develop a key site at Newbury, Berkshire.
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Go-ahead for Derby mall extension
The proposed regeneration of Derby city centre has cleared one of the final hurdles with Deputy Prime Minister John Prescott’s decision to approve the compulsory purchase and road closure orders that are needed to complete the site assembly. Prescott’s decision clears the way for Westfield and Hermes’ £200 million extension ...
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Pay-as-you-go ID checker
Callcredit has launched a pay-as-you-go online identity checking service. CallID will help retailers check details before large online transactions or when hiring staff.The data will include records of County Court Judgments and bankruptcy.
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Borders and Limited Brands look overseas
Medium-sized US retailers are turning up the heat on international ambitions, despite the apparent reluctance of US retail giants to take the plunge. At the Goldman Sachs conference in New York last week, Limited Brands - which owns Victoria’s Secret among other labels - and books specialist Borders flagged ...
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Microsoft targets big thinking small stores
Bath-based fashion and luxury goods boutique Prey has installed Microsoft’s Retail Management System (RMS), launched only yesterday, with a view to expansion.
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Bhs buys Del Sol printers
Bhs has bought 250 Del Sol thermal printers from Maxa Technologies for 160 stores.The printers are linked to in-house systems, and uses include labelling returned goods and barcoding.
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Argos calls on BeCogent
Argos has hired BeCogent to pick up excess calls to its 2,000 call centre staff during Christmas. Argos expects to require 100 seats by October.
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Kesko appoints chief
Kesko, Finland’s biggest retailer, has named its head of hardware Matti Halmesmaki as its new chief executive.
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Dorma beds in with Aldata
Bedlinen retailer Dorma has selected Aldata Gold for its supply chain.Dorma has 170 concessions in, among others, Debenhams and House of Fraser.