Latest property news – Page 150
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News
Uniqlo opens joint store concept with Bic Camera
Uniqlo and electronics retailer Bic Camera have opened their first joint ‘Bicqlo’ store in Tokyo.Uniqlo president Tadashi Yanai said he wanted to create Japan’s most prosperous store by combining Bic Camera’s busy shop ambience with that of Uniqlo.Yanai hopes to open similar stores in New York and Paris.
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NewsDave Whelan and Decathlon still in the frame for JJB Sports stores
JJB Sports founder Dave Whelan and French sports retailer Decathlon remain in the hunt for former JJB stores after its collapse into administration on Monday.
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NewsHarvey Nichols to open Christmas pop-up at Merry Hill
Luxury department store Harvey Nichols is opening its Christmas 2012 pop-up store in Westfield Merry Hill next month.
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NewsJJB Sports: Full list of store closures revealed
Sports Direct has today acquired JJB Sports 20 shops after the retailer collapsed into administration closing 133 stores.
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NewsJJB Sports collapses as Sports Direct acquires 20 shops
UPDATED: JJB Sports has collapsed into administration, with arch-rival Sports Direct acquiring 20 stores.
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NewsSecondary retail parks will follow the high street into decline warns former Focus boss
Former Focus and Wickes boss Bill Grimsey has warned that secondary retail parks are destined to go the same way as the high street and become ghost towns.
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NewsRetail administration levels fall but Christmas fears remain
The number of retail administrations fell in the last quarter however fears remain that Christmas could send a number of retailers out of business.
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News
Construction begins on The Mall of San Juan
Construction has begun on a new luxury mall that will bring Nordstrom and Saks Fifth Avenue to the US territory for the first time.The Mall of San Juan is being built near the main international airport and represents a $405m (£250m) private investment.
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News
Walgreens to close 76 USA Drug-affiliated stores
Walgreens is to close its 76 USA Drug-affiliated stores by November as part of its acquisition of LaFrance Pharmacy.The closures will be in Tennessee, Mississippi and Arkansas. The programme comes after Walgreens announced the $438m (£269.9m) LaFrance acquisition in July.Walgreens spokesman Jim Graham said: “Our decisions about store closures are ...
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NewsFair Rates for Retail: Retailers urge rates freeze
Top retailers have called for a freeze on business rates and changes to how the charge is calculated as they face a likely increase of £200m next year.
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NewsSports Direct poised to buy 60 JJB Sports stores as deal imminent
Sports Direct is close to sealing a deal to buy 60 stores from JJB Sports with sources saying the sale may be completed later today.
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NewsKingfisher opens 1,000th store worldwide
B&Q owner Kingfisher will open its 1,000th store globally today in Poland.
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News
Gap to open four Gap Outlet stores in China
The first shop was due to open on September 22 in Ningbo, followed by two in Shanghai and Tianjin.A fourth store is expected to open later this year at the Scitech Premium Outlet Mall in Beijing.Gap China president Redmond Yeung said: “As we continue to execute our expansion strategy in ...
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NewsSports Direct closes in on JJB Sports deal despite Adidas obstacle
Unwanted JJB Sports stores are likely to face rapid closure if, as expected, likely buyer Sports Direct snaps up the retailer’s prime stores and stock.
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News
ICA opens ‘ICA to go’ pilot
Ahold-affiliated Swedish grocery retailer ICA has opened an ‘ICA to go’ pilot store in a metro station in Hornstull. The retailer will also shut the first pilot store it tested.ICA business development manager Mats Munther said: “We mainly operated the store in order to test our offering. We have learned ...
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News
Tie Rack property chief Martin Morgan joins Harper Dennis Hobbs
Tie Rack Retail group property and franchising director Martin Morgan has been hired by property agent Harper Dennis Hobbs to head up its new global travel retail arm.
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NewsKiddicare hails new era as it targets £200m sales
Baby etailer Kiddicare is targeting a rapid rise in turnover to £200m by 2016 as it pushes the button on a radical transformation of its brand and operations.
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News
Casino develops new store model for Naturalia
Casino is developing a new model for its organic products banner Naturalia. A new Paris store will feature enhanced signage with detailed explanations of displays for customers unfamiliar with organic food. The store will be traditional in appearance, with recycled wooden pallets and gravel-look flooring. The design will be applied ...
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NewsSchuh launches Kids fascia to take slice of children’s market
Footwear retailer Schuh is opening a standalone kids fascia to tap into the children’s market.
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NewsAsos boss Nick Robertson questions need for physical stores
Asos boss Nick Robertson has questioned what role the physical store will play for the next generation of shoppers.