Latest property news – Page 101
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NewsHome Retail warns of 'inconsistent' recovery as sales edge up
Home Retail Group has warned of an inconsistent recovery as Argos’s like-for-likes edged up and Homebase’s sales remained flat in the second quarter.
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NewsMorrisons reveals plunge in first-half profits
Morrisons’ underlying pre-tax profit has plunged by more than half in its half-year results but the grocer says it has made “good progress” in its three-year ‘self-help’ plan.
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NewsOasis trials beacon technology in revamped Meadowhall store
Fashion retailer Oasis is piloting beacon technology in its shop window mannequins in its revamped store in Meadowhall, Sheffield.
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NewsMamas & Papas landlords approve CVA safeguarding its future
Mamas & Papas landlords have voted in favour of its Company Voluntary Arrangement safeguarding its future.
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NewsSt David's shopping centre and Trinity Leeds launch click-and-collect hubs
Cardiff’s St David’s shopping centre and Trinity Leeds are launching click-and-collect hubs with Collect+, enabling customers to pick up online orders from the centres.
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NewsPrimark's only European hurdle is lack of new store space, says finance boss
A lack of new store locations is the only hurdle to Primark’s domination of Europe, according to finance director of its parent firm Associated British Foods.
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NewsLush to open the largest store in its armoury on Oxford Street
Lush, the ethical beauty retailer, is set to open its largest store to date, after securing a 9,500 ft site on Oxford Street.
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NewsKiddicare documents reveal full extent of decline as losses widen to £127.8m
The full extent of Kiddicare’s decline has been laid bare in documents that show losses ballooned to £127.8m in the final year of Morrisons’ ownership.
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NewsLa Senza stores set to close as no buyer found for collapsed chain
All remaining La Senza stores are set to close after a buyer failed to come forward for the collapsed lingerie retailer.
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NewsPrimark full-year sales set to surge 17% as it plots ten US stores
Value fashion giant Primark’s full-year sales are expected to surge 17% and like-for-likes 4.5% as it plots further expansion in the US.
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NewsLaura Ashley to launch in China and India within 12 months
Laura Ashley aims to launch in China and India within 12 months as it builds on strong organic growth in its international markets.
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NewsCo-operative Group makes progress on big store disposals
The Co-operative Group has offloaded 10% of big stores identified for disposal in the first six months of this year, as part of its restructuring plans.
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NewsFormer Hobbycraft boss Chris Crombie unveils flagship C-Crafts store
Arts and crafts retailer C-Crafts, which was founded by former Hobbycraft chief executive Chris Crombie, is opening a flagship store near Warrington.
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NewsSuperGroup sales on improving trend after falling 3.7% in first quarter
Fashion retailer SuperGroup has posted a first-quarter like-for-like sales fall but performance has improved since.
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NewsHouse of Fraser's new Chinese owner to invest £150m in revamps
House of Fraser’s new Chinese owner is planning a £150m cash injection to revamp its department stores and propel its online growth.
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NewsIn pictures: Jaeger unveils new-look store on Chelsea's King's Road
Jaeger has revamped its King’s Road store, revealing a more digitally-led refit that uses beacons in its window mannequins to connect with customers via their smartphones.
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NewsTesco issues profit warning as new boss Dave Lewis parachuted in month early
Tesco has issued a profit warning today, as it parachutes in new chief executive Dave Lewis on Monday, a month earlier than originally planned.
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NewsMamas & Papas demands up to 50% rent reductions as part of CVA
Mamas & Papas is demanding rent reductions of up to 50% and a move to monthly rents as part of its 60-store Company Voluntary Arrangement (CVA) proposals.
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NewsAbercrombie Kids to open first UK store in Beatles' old home
Abercrombie & Fitch is launching its first childrenswear store in the UK later this month in the former home of The Beatles’ music label.
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NewsTK Maxx owner to open raft of new stores as sales increase 6%
TJX Europe, the parent company of TK Maxx and HomeSense, recorded a jump in like-for-likes as it prepares to roll out new stores.