Latest property news – Page 125
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NewsJD to take on Sports Direct in Oxford Street showdown
A fierce battle in sportswear is set to take centre stage on Oxford Street as JD Sports eyes a new flagship store to rival Sports Direct’s landmark opening on the famous shopping street.
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NewsLink between rents and rates irrevocably broken
The link between business rates and rents is likely to have been permanently severed, showing how out of touch the ratings regime has become.
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NewsBreakfast briefing: Retail news on Tesco, Harrods, Net-a-Porter and Christopher Kane
Retail news round-up September 17, 2013: Tesco found to be selling Dutch pork labelled as British while it plans new Irish stores; Harrods’ Marigay McKee is set to become president of Saks Fifth Avenue; Net-a-porter launches new social networking app; and Christopher Kane to open first London store
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NewsJohn Lewis online sales to represent 40% of turnover by 2020
John Lewis expects online sales to account for 40% of overall turnover by 2020, up from the 26.6% at present.
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NewsMorrisons takes the axe to investment in supermarkets
Morrisons is to slow the pace of new supermarket openings in another sign that the race for big grocery store space is over.
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NewsB&Q mulls Tesco-style investments to fill bigger stores
B&Q is mulling emulating Tesco’s strategy of investing in complementary businesses to fill its bigger retail stores.
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NewsPeacocks to open new kids fascia in garden centres
Peacocks is to open a new children’s fascia as concessions within garden centres as the retailer looks to expand its presence beyond the high street.
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NewsVictoria’s Secret extends UK presence with Bluewater store
US lingerie giant Victoria’s Secret is to open at Bluewater shopping centre along with sister brand Pink.
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NewsIceland pledges commitment to the high street as it opens 800th store
Iceland has pledged its commitment to the high street as the retail industry debates its future.
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NewsSuperGroup first quarter sales jump reflects brand's 'enduring appeal'
Fashion retailer SuperGroup’s like-for-likes jumped 8.5% in the 13 weeks to July 28 reflecting the “enduring appeal” of the brand, according to boss Julian Dunkerton.
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NewsCoombes backtracks on plans to revive the Comet name
The entrepreneur who planned to revive the Comet name has u-turned in his attempts to breathe new life into the iconic electricals retailer’s moniker.
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NewsBrantano and Jones Bootmaker tap concession growth
Brantano UK narrowed its operating losses and sister retailer Jones Bootmaker increased operating profit as the footwear specialists eye expansion through concessions.
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NewsSelfridges-owned Dutch department store group De Bijenkorf to restructure property estate
Selfridges-owned Dutch department store group De Bijenkorf is to invest €200m into seven new flagships as it closes five of its 12 stores which do not fit its “premium experience” model.
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NewsAquascutum to return to West End after securing Great Marlborough Street store
Aquascutum will return to the heart of London retail after securing a store on Great Marlborough Street opposite Liberty department store.
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NewsHolograms and 'mood pricing' just around the corner, says Grimsey Review
A high street that adjusts prices to customer’s moods and enables them to shop through holograms is just “around the corner” according to the Grimsey Review.
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NewsJysk takes on three former Dreams stores as it aims to double store estate
Danish furniture retailer Jysk is set to open three new stores in former Dreams sites as it aims to double its UK store estate in the next 12 months.
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NewsMary Portas hits back at criticism of the Portas Review in Westminster meeting
Mary Portas believes Government reviews should come with a “health warning” after she received “a bashing” for her work to try and save UK high streets.
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NewsBargain Booze owner Conviviality acquires Wine Rack in southern push
Bargain Booze owner Conviviality Retail has inked a £1.7m deal to acquire Wine Rack owner LCL Enterprises as it expands in the south.
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NewsWestfield London rents set to rise as sales grow
Westfield, the shopping centre owner, is set to increase rents at its Shepherd’s Bush scheme as it revealed sales at its two London centres were up 4.5% in the first half.
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NewsBusiness rates income to exceed council tax for first time in 10 years
Business rates income in Great Britain is forecast to exceed council tax for the first time in 10 years in 2015.