Latest property news – Page 115
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NewsWickes full-year sales up but profits down as it invests in price
Travis Perkins’ consumer division, largely comprising Wickes, reported sales up but profits down last year as it invested in price.
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NewsBreakfast briefing: Retail news on Primark, Eason and Supervalu
Retail news round-up on February 26, 2014: No spin-off plans for Primark, sales fall at bookseller Eason and Supervalu invests in stores
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NewsPrimark eyes further European expansion as French debut impresses
Primark is eyeing further European expansion as its French debut gets off to a flying start.
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NewsRepublic stores in jeopardy as Sports Direct seeks further rent reductions
Sports Direct is asking for further concessions from landlords of its Republic stores, putting the future of some of its shops in doubt, Retail Week has learned.
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NewsInternacionale files intention to appoint PwC as administrator
Fashion retailer Internacionale has filed a notice to appoint PwC as administrator as it is set to collapse for the second time in eight months.
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NewsLandlord giants win unpaid rent appeal after Game's collapse
The UK’s largest landlords have won an appeal against a legal loophole that allowed Game to avoid paying rent while in administration.
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NewsVariety retailers including Poundland more than fill the gap left by Woolies
Variety retailers more than fill the gap left by Woolies…….and more shop openings are planned as single-price retailer Poundland gears up for float.
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NewsInternacionale poised to enter administration with 1,500 jobs at risk
Fashion retailer Internacionale is poised to appoint administrators to the loss-making business with 1,500 job losses expected.
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NewsPrimark first-half like-for-like sales rise 4%
Like-for-like sales at Primark rose 4% in the first half buoyed by a strong performance at Christmas when its novelty jumpers flew off the shelves.
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NewsBreakfast briefing: Retail news on The Co-op, Primark and SSP
Retail news round-up on February 24, 2014: Co-op hails ‘phenomenal’ response to public poll, Primark sales rise in first half and SSP eyes London listing.
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NewsWarehouse to roll out "urban city" store format as Oxford Street flagship opening nears
Warehouse is planning to roll out its new “urban city” store format across its inner city shops as it prepares to open its Oxford Street flagship.
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NewsBreakfast briefing: Retail news on store growth, Amazon, House of Fraser and Burberry
Retail news round-up on February 21, 2014: Planning rules stunts store growth, Amazon rebrands its Lovefilm DVD business and Burberry emerged victorious on social media at London Fashion Week.
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NewsPlanning rules stunt store expansion in 2013
The number of stores operated by multiple retailers edged up 0.71% to 102,095 last year after planning constraints stunted growth.
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NewsJoe Fresh targets London as part of international expansion drive
The UK is on fast-growing fashion retailer Joe Fresh’s international expansion radar and it could establish a presence here by the end of the year.
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NewsJoe Fresh unveils global expansion plans as it inks new partnerships
Joe Fresh, the Canadian clothing retailer, has revealed international expansion plans that will see it expand outside North America for the first time.
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NewsBreakfast briefing: Retail news on Morrisons, Lovehoney and Smiggle
Retail news round-up on February 20, 2014: Banks lines up £5bn debt financing for Morrisons sale, Garden Centre Group hires promotional space firm, Lovehoney to star in TV series and Smiggle opens its first UK store.
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NewsVideo: Smiggle makes UK debut as it plans rapid store expansion
Smiggle, the Australian stationery retailer, opened its first UK store in Westfield Stratford City today as it plans a rapid roll-out across the country.
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NewsPets at Home confirms its intention to float
Pets at Home has confirmed its intention to float as it revealed sales surged 11.7% in the 40 weeks to January 2.
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NewsValue retailer Tiger store expansion drives 63% profit uplift
Tiger recorded a 63% surge in pre-tax profit last year as it opened six stores in the year including its Tottenham Court Road flagship.
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NewsFloat is 'start of the Poundland story' as Spanish launch nears, says boss McCarthy
Poundland chief executive Jim McCarthy said the retailer’s float is the “start of the story” as it moves closer to opening its first Spanish stores.