Latest property news – Page 159
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NewsAllders in critical discussions with landlord
Famous department store Allders is in critical discussions with its landlord about reducing its rent bill as it battles a tough retail environment.
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NewsRetail disquiet over Portas TV show grows as 'gagging clause' imposed
Concern is mounting that plans to make a TV programme about Portas Pilot towns could undermine the efforts of retailers to revive troubled high streets.
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NewsNespresso reveals UK expansion plans
Premium coffee brand Nespresso is bolstering its business through store growth as it prepares to open two central London sites this summer which it said will put it “on the map”.
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NewsTed Baker remains cautious despite sales uplift
Fashion retailer Ted Baker delivered a “good performance in line with the Board’s expectations” for the 19 week period to June 9 but stressed it remained cautious of the uncertain economy.
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NewsH&M to open Olympic pop-up sportswear stores
Swedish fashion retailer H&M is to open two sportswear only pop-up stores to coincide with the London Olympics.
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NewsGeorge at Asda opens pop-up shop
Asda has launched a pop-up shop for its George clothing brand in London.
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NewsAnother 43 Clintons and Birthdays stores shut today
Clinton Cards’ administrator Zolfo Cooper has issued a list of 43 shops to be closed today because they are not included in the sale to supplier American Greetings’ subsidiary, Lakeshore lending.The brands and assets of Clinton Cards including 397 stores, were sold to Lakeshore yesterday, leaving a rump of 330 ...
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NewsLandlords accused of cashing in on Portas Pilots
Landlords have been accused of taking advantage of the status of those town centres picked as Portas Pilots by pushing up the sale price of vacant shops.
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NewsBonmarché turnaround progressing, finance director says
Bonmarché’s turnaround strategy “is under way” said finance director Stephen Alldridge as the retailer firms up its store portfolio.
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DIY specialist Hornbach to ramp up expansion plans
DIY specialist Hornbach is to ramp up the pace of its expansion. In the current and next financial year, 15 new stores are to be built, most of which will be outside Germany in new markets such as Slovakia, Switzerland and Sweden. The retailer’s medium-term goal is to increase the ...
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NewsGrocers vie for market share in the Southeast
Tesco aims to “unlock London” as grocery spend in the Southeast becomes vital in the war for market share.
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NewsFoot Locker sets record rent on Oxford Street
Sports retailer Foot Locker has set a record rent on Oxford Street in a further example of the surging demand for space on the street.
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Seven & I plans new 7-Eleven stores in the US and Canada
Convenience store operator Seven & I plans to add 630 new 7-Eleven stores in the US and Canada by the end of the year. The retailer has built and acquired a total of 600 stores in the US and Canada in 2011 and 56% of its US growth has been ...
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NewsDwell looks to expand store count
Dwell sees scope for up to 100 stores as it looks for smaller, quirkier shops.
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NewsPoundstretcher's Dubai store opens
Poundstretcher’s first overseas store opened in Dubai on Sunday in the opulent Madina Mall.
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NewsLiberty opens at Westfield Stratford City
Luxury department store Liberty today opened its first shop outside of its iconic store on Great Marlborough Street in central London with a shop in Westfield Stratford.
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NewsClinton Cards deal to be struck within days
Clinton Cards looks likely to be bought out of administration by the end of next week if not earlier as would-be suitors jostle to take control.
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NewsChain retail store numbers continue to grow
The total number of retail chain stores in the UK has continued to grow over the last three years despite the impact of online shopping.
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NewsM&Co opens first Middle East store
Fashion retailer M&Co has opened its first store in the Middle East, launching its growth plans in the United Arab Emirates.
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NewsChinese retailer Bosideng's first UK store set to open
Chinese clothing retailer Bosideng is to open its first store in the UK this summer.