Latest property news – Page 136
-
NewsBluewater strikes O2 deal to enhance customer experience
Bluewater has struck a deal with mobile phone operator O2 aimed at digitally enhancing consumers’ physical shopping experience in Kent shopping centre.
-
NewsUrban Outfitters signs up for first East Midlands store
US fashion retailer Urban Outfitters has signed for a new 14,500 sq ft store at the Victoria Centre in Nottingham.
-
NewsHigh street personality toolkit launches to boost struggling centres
A new Government-funded toolkit designed to boost high streets based on their ‘personalities’ launches tomorrow (Wednesday).
-
News
Target opens first three Canadian stores
Target has opened its first three Canadian stores in Guelph, Milton and Fergus in the state of Ontario.The openings are intended as a pilot to prepare systems, train team members and determine operational readiness as the retailer prepares for the soft opening of 24 stores in Ontario later this month.Target ...
-
News
Gross sales rise at grocer Mercadona
Mercadona’s gross sales rose 7% to E17.8bn (£15.55bn) in 2012. Net income also increased 7% to E508m (£443.7m).The grocer invested E650m (£567.7m) to open 60 stores and hired 4,000 employees during the year, giving it a total staff count of 74,000.Mercadona is reportedly postponing global expansion.
-
NewsSports Direct offers turnover deal on Republic stores’ rent
Republic’s owner, Sports Direct, has offered landlords 15% of stores’ turnover as part of a new lease proposal.
-
NewsAnn Summers seeks prime locations to roll-out new shopfits
Ann Summers chief executive Jacqueline Gold has met landlords to explain the lingerie and sex toy retailer’s more sophisticated shopfit in a bid to secure prime locations.
-
NewsRetail Week Live: Out-of-town retail parks will struggle, says Bill Grimsey
Out-of-town retail parks will suffer the same decline as high streets as shoppers move online, said Bill Grimsey, former boss of Focus DIY and author of Sold Out, at Retail Week Live today.
-
NewsRetail Week Live: Aurora to shrink store estate as shoppers move online
Aurora, the group which owns brands Oasis, Warehouse and Coast, plans to shrink its store estate by between 30 and 40 stores per brand over the next five years, as online shopping surges.
-
News
Uniqlo plans to expand in Thailand
Japanese fashion retailer Uniqlo plans to increase its outlets in Thailand to 100 by 2021, from six boutiques at present, reported The Nation.The first location will be the Promenada Resort Mall in Chiang Mai.Eight to nine new Uniqlo outlets are scheduled to open in 2013, including four by August at ...
-
News
Mothercare Australia launches deep discounts in a bid to avoid closure
Troubled parent and baby specialist Mothercare Australia has launched a Sale at its branches, offering discounts of up to 40% as it tries to save itself from closure.The retailer, which entered administration in January, will run its Sale “in conjunction with the administrators’ continuing efforts in negotiating a sale of ...
-
NewsRetail Week Live: Role of stores will change dramatically
The role of stores will change dramatically in the future, retailers at Retail Week Live said today.
-
News
Migros Basel shelves expansion plans
Migros Basel, a co-operative of Swiss grocer Migros, has shelved expansion plans for Germany for the indefinite future.In an interview with Bilanz magazine, Migros chief executive Herbert Bolliger said Migros Basel’s expansion strategy had not worked.Migros entered the German market in 1995, but operates only four Migros stores in the ...
-
NewsWaterstones to close half its university campus shops
Bookseller Waterstones is to shut six of its 12 shops on university campuses but said it remains committed to the academic books market.
-
News
Discount retailer Dia plans further expansion in Brazi
Spanish neighbourhood discount retailer Dia is to expand further in Brazil.The retailer, which became independent from French Carrefour in mid-2011, aims to accelerate expansion to 100 new openings, compared with 81 last year.
-
NewsIceland squares up to Morrisons in Gibraltar with new overseas store
Frozen food retailer Iceland is to square up to Morrisons in one of the Bradford-based grocer’s best performing locations - Gibraltar.
-
News
H&M reportedly in discussions to open first store in the Philippines
H&M is reportedly in discussions to open its first stores in the Philippines.The Swedish fashion retailer is in negotiations with local franchisor SM Retail, although talks are believed to still be in the early stages.If an agreement is signed, it would be SM’s third major global clothing brand after Forever ...
-
NewsDreams founder Mike Clare vows to launch new 200-store beds business
Dreams founder Mike Clare has vowed to start up his own beds retailer by the summer after failing to buy back the business last night
-
NewsOxford Street redevelopment plans approved by Westminster Council
Plans to transform the eastern end of Oxford Street have been approved by Westminster Council, in the next phase of redevelopment.
-
News
Schwarz Group ramps up Spanish investment
Germany-based Schwarz Group is ramping up its operations in Spain and has earmarked a sum of E120m (£103.6m)for investments in its Spanish Lidl network this year.That is 20% more than last year, when the retailer opened 14 stores and remodelled another 65 in Spain.