Latest property news – Page 133
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NewsSports Direct threatens Republic store closures unless landlords agree new terms
Sports Direct is threatening to close Republic stores by the end of June unless 75% of landlords agree to new terms.
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NewsWhiteley 91% let by rent one month ahead of opening
Whiteley is 91% let by rent four weeks before the 320,000 sq ft shopping centre opens its doors to the public.
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NewsVideo: Furniture giant Ikea opens pop-up shops in London train stations
Ikea has opened pop-up shops in London train stations Liverpool Street and Waterloo as part of its ‘make more of your garden’ campaign.
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NewsWilliams-Sonoma to land in UK with store on Tottenham Court Road
US homewares giant Williams-Sonoma is to open its first store in the UK on London’s Tottenham Court Road, Retail Week has learned.
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NewsCompany profile: Beales
After several tough years the retailer’s new chief executive is trying to get sales moving.
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Discounter Lidl to invest in Portuguese stores
Schwarz Group-owned discounter Lidl is investing E45m (£38.5m) in Portugal this year in store refurbishments and improved infrastructure.Of the sum, E15m (£13m) will go into new headquarters in Sintra, construction of which will start in June. When completed next year, there will be a staff of 250 working in central ...
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NewsMultiple retailers’ store numbers fall in the first quarter
The number of stores operated by multiple retailers edged down in the first quarter of 2013 after retailers including HMV, Jessops and Blockbuster crashed into administration.
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H&M moves closer to Indian debut
H&M is moving closer to its Indian debut.Having consulted the Indian government, the value fashion retail giant is likely to propose an initial investment of around INR700 crore (£85m) in the country. H&M said it would comply with the investment rules for single-brand retailing, including the mandatory 30% local sourcing, ...
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NewsDixons debuts in Belgium with Knowhow branded stores
Dixons has debuted in Belgium with two travel stores in Brussels Airport under its Knowhow brand.
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NewsPrimark plans store launches in France this year
Primark aims to open two stores in France by the end of this financial year as it seeks to build on its success on the Continent.
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Rewe Group to invest in small online companies
Rewe Group is to invest in small online companies to gain ground in ecommerce.“We want to establish sort of a business incubator for start-ups,” chief executive Alain Caparros told business title Wirtschafts Woche. He said that Rewe may have underestimated the dynamics of online operations.Rewe also wants to extend its ...
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NewsHackett to acquire prominent Ferrari store on Regent Street
Menswear brand Hackett is to acquire Ferrari’s prominent store on Regent Street.
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NewsSports Direct closes 12 Republic stores two months after rescuing them
Mike Ashley’s Sports Direct has closed 12 Republic stores just two months after it rescued them from administration.
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NewsAsda plans same-day delivery on food orders in £700m investment drive
Asda is to invest £700m in a number of initiatives including same-day delivery for food orders, click-and-collect and a raft of new stores.
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NewsCompletely Retail Marketplace event set to attract 1,100 delegates
Property event Completely Retail Marketplace is expected to attract 1,100 delegates across the retail and property industries next month.
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NewsGeorge at Asda to launch in Malta as part of overseas push
Asda fashion label George is to open its first store in Europe in Malta on Friday as part of the brand’s march overseas.
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NewsTesco-owned garden centre Dobbies opens concession village
Tesco-owned garden centre Dobbies has opened a “retail village” featuring 13 concessions in its revamped Edinburgh store after investing £1.5m.
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German hard discounter Aldi Süd opens nine stores in Texas
German hard discounter Aldi Süd opened nine stores in Houston, Texas last week.The retailer wants to open 30 new shops over the next two years, investing more than $125m (£81.5m) in the Houston Metro area.The launch extends Aldi’s Texan presence, which is focused on the Dallas/Fort Worth district, which it ...
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NewsGrocer Waitrose opens first farm shop in Hampshire
Waitrose is to open its first store on a farm this summer in Hampshire featuring locally-sourced products.
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Select owner bullish over expansion strategy as like-for-likes rise
The owner of Select has insisted that the fashion retailer needs 350 shops on the high street despite a growing online business and challenging economic headwinds.