Latest property news – Page 134
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NewsSainsbury’s puts Holborn headquarters on the market as 150 staff moved
Sainsbury’s is to move 150 staff from its central London head office to Coventry and Manchester after putting its Holborn office on the market.
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French retailer ITM plans to open petrol stations in Poland
French retailer ITM (Intermarché) plans to open petrol stations in Poland operated independently of its stores.ITM already has two pilot petrol stations in the country and plans another five this year.Rival retailer Leclerc is also said to be mulling opening petrol stations in Poland that may be used as collection ...
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NewsTesco UK boss Chris Bush: I’ll rekindle shoppers’ love affair with Tesco
Tesco UK managing director Chris Bush has vowed to rekindle the British consumer’s affection for the grocer by making it the supermarket of choice rather than a default option.
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ICI Paris XL acquires Dutch competitor Pour Vous
AS Watson’s Belgian perfumery chain ICI Paris XL has acquired Dutch competitor Pour Vous. ICI Paris XL plans to complete the deal within one month and is taking over the brand as well as the store network.The deal follows ICI Paris XL’s acquisition of LVMH’s Dutch Sephora stores.“We intend to ...
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Hudson's Bay Company pushes ahead with reinvention
Canadian department store group Hudson’s Bay Company is pushing ahead with its reinvention and merchandising plans. The retailer plans to introduce five further Topshop shop-in-shops and, by next year, an outlet of US-based Kleinfeld Bridal salon at its Toronto flagship.“We’re searching around the world for fantastic concepts that we can ...
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NewsRetailers offer up staff to support Portas Pilot schemes
Major retailers have pledged their support to the Portas Pilot schemes by offering up representatives to help the town teams involved in the projects.
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NewsRetail park vacancy rate rises rapidly following administrations
Empty space on retail parks increased by its fastest rate for four years last year due to casualties in the retail sector, according to new research.
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NewsFootwear retailer Treds plots new store openings
Footwear retailer Treds is targeting new stores in the Midlands, East Anglia and the South East after expanding its existing estate with three new shops.
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NewsFashion retailer Select on the hunt for 200 stores in next five years
Fashion retailer Select has hired property firm Cushman & Wakefield to spearhead a hunt for 200 new stores over the next five years.
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NewsRough Trade at 'critical stage of growth' as it unveils strong Q1
Rough Trade is at “critical stage of growth” as it prepares to open its first overseas store in New York and records strong start to the year.
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NewsFootfall to be hit by Baroness Thatcher funeral procession
The route of Baroness Thatcher’s funeral procession on Wednesday has been unveiled with a number of retailers’ stores set to be affected.
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News99p Stores to launch in Scotland as it plots aggressive roll out
Value retailer 99p Stores has revealed it is set to open its first stores in Scotland, as it plans to launch 30 in the next three years.
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NewsOasis owner Aurora Fashions seeks rent reductions from landlords
Oasis owner Aurora Fashions is in negotiations with its landlords to reduce rents and get out of onerous lease agreements.
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Darty to close loss-making Spanish stores
Darty is closing its stores in Spain. The retailer is cutting off the loss-making arm as it plans to focus on its more successful stores in France, Belgium and the Netherlands.All 43 Spanish stores will be closed by June at an estimated cost of E30m (£25.5m).
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Central Retail to invest in domestic expansion
Central Retail will invest Bt1bn (£22.3m) in its domestic expansion this year.The cash will be used to open 12 to 15 shops under the Tops Market, Tops Super and Central Food Hall banners and 50 Tops Daily convenience stores.The company will also upgrade its IT and its customer relationship management ...
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Inditex closes Syrian stores due to ongoing civil war
Inditex has closed all of its Syrian stores because of the ongoing civil war.The retailer had opened two Zara stores, two Massimo Dutti shops, a Pull & Bear and a Stradivarius since entering the country in 2009.The franchise agreement with its local partner remains in place, suggesting the retailer might ...
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Grand Frais to open first store outside domestic market
French fresh products wholesaler Grand Frais is to open its first store outside its domestic market, in Belgium. The shop is in Messancy, close to the French and Luxembourg borders.It will sell a wide range of fresh fruit and vegetables, dairy products, meat and seafood.Grand Frais operates about 130 stores ...
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OfficeMax launches small-format store
OfficeMax has launched a small-format store called OfficeMax Business Solutions Center.The initiative follows the retailer’s strategy of consolidating its big-box office supplies shops into smaller, more interactive stores.The first Business Solutions Center opened in Milwaukee. The store will offer tailored services and products, catering to the needs of small businesses. ...
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NewsRussian footwear retailer Mascotte to make UK debut at Westfield London
Westfield London will host Russian footwear retailer Mascotte’s first UK store which opens on Saturday.
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NewsSwarovski to launch new fascia Cadenza at Westfield Stratford
Jewellery retailer Swarovski is launching a new branded jewellery fascia in the UK with the first store due to open at Westfield Stratford.