Latest property news – Page 132
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News
Rewe Group's Billa supermarket division to exit Italy
German retailer Rewe Group’s Billa supermarket division plans to exit Italy.Following the sale of 43 stores in 2011, the remaining operations are still suffering from the integration of 120 Standa shops purchased in 2001, which were recently rebadged to Billa.
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Maplin profits dip by 33.6% as it eyes international growth
Maplin’s profits took a hit in the first year of its investment plan for growth as the retailer marks out countries for overseas expansion.
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NewsJohn Lewis to open new store in Oxford by 2017
The department store has unveiled plans to open a new three storey store in Oxford in 2017.
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NewsLand Securities to roll out digital elements of Trinity Leeds as footfall hits 4 million
Land Securities is to roll out the digital elements trialled at its new Trinity Leeds scheme to the rest of its centres as it revealed it has attracted around 4 million shoppers to the development since opening in March.
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Casino opens Franprix supermarket
Casino has opened a Franprix supermarket in a motorway service station, adjacent to an Esso petrol station. The store is on the A11 motorway in northern Chartres, southwest of Paris.The retailer is increasingly targeting the travel retail market with fascias such as Petit Casino, Vival and Monoprix opening in similar ...
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NewsPortas fails to visit four untelevised pilot towns
High street expert Mary Portas has failed to visit four of the town centres chosen for the Portas Pilots, all of which did not feature on her television programme.
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NewsTrinity Leeds beats footfall target with 2.7 million visitors in first month
Trinity Leeds, the UK’s only major shopping centre to open this year, has attracted 2.7 million shoppers in its first month of business.
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NewsSuperGroup to step up German expansion with store openings
SuperGroup, owner of trendy fashion retailer Superdry, is to step up its German expansion with a raft of store openings next year.
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NewsBritish Land to launch wi-fi across its shopping centres
British Land is to launch free wi-fi across its shopping centres following a deal with BT Wi-fi.
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NewsSuperGroup like-for-likes up 5% in fourth quarter as it hits expansion trail
SuperGroup sales soared 15.3% over its fourth quarter and retail like-for-likes advanced 5% as it prepares to start a store opening spree.
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News
Costco wins approval to construct first unit in Queensland
The retailer plans a 150,000 sq ft store, including a petrol station, at North Lakes, north of Brisbane. Costco Australia managing director Patrick Noone said: “We are looking at two or three more sites already as a follow-on.”The new store could open in early 2014. At present Costco operates three ...
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NewsAurora Fashions outsources property function to Harper Dennis Hobbs
Fashion businesses Aurora Fashions and Karen Millen have outsourced their property functions to agent Harper Dennis Hobbs.
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NewsLush delivers record pre-tax profit of £26m
Lush’s group pre-tax profits jumped 22.5% to £26.1m in the year to June 30, 2012, and it has begun an in-store spa development drive in the UK.
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News
Edeka to invest in store modernisation
Co-operative retail group Edeka aims to invest E1.6bn (£1.35bn) in the modernisation and extension of its store network and retail infrastructure, said chief executive Markus Mosa. The investment is a 10% increase on 2012.In 2012 Edeka posted sales of E44.8bn (£37.73bn), up 3.8% on the previous year. Its net income ...
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NewsBank holiday shoppers spend £220m in London's West End
Shopper spend across London’s West End jumped 10% to £220m across the May Day bank holiday driven by UK visitors taking day trips to the capital.
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NewsMary Portas and TV company lobbied Government over Portas Pilots
Evidence has emerged to suggest the Government picked some of the Portas Pilots towns based on recommendations by Mary Portas and the company behind the TV show.
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NewsFormer special advisor to London Mayor appointed chair of New West End Company
New West End Company has revealed that former special advisor to the Mayor of London Sir Peter Rogers will succeed Dame Judith Mayhew-Jones as its chair.
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NewsVision Express acquires 12 stores from optician Crown Eyeglass
Vision Express has bought 12 stores from optician Crown Eyeglass but just four will stay open bringing its store estate to 331.
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NewsJ Crew on hunt for menswear-only store in London
J Crew, the US preppy fashion brand, is scouting out premises for a standalone menswear store in London as part of plans to open five different formats in the capital.
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News
Carrefour aims to roll out Courses Éco discount corners
Carrefour aims to have 30 of its in French hypermarkets by year-end, reports LSA.Courses Éco will only be rolled out in relevant stores in less affluent areas.

















