Latest property news – Page 165
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NewsMorrisons targets high-end customers with new format
Morrisons said it is able to target a new upmarket customer with its Fresh Format concept with the opening of a new landmark store.
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NewsGovernment launches Portas Plus plans to rescue failing high streets
The Government has pledged almost £13m to save suffering high streets as it is this morning expected to accept the “vast majority” of recommendations made by the Portas Review.
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NewsBlacks set to rebrand as turnaround takes shape
Outdoor retailer to focus on product and store refits as it targets family market.
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NewsTwo senior Bhs executives step down
Two senior executives of Sir Philip Green’s fashion and homewares retailer Bhs have left the business.
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NewsH&M is to launch a new upmarket fascia next year
H&M is to launch a new fascia premium next year.
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NewsLaura Ashley posts "resilient" results
Fashion and home furnishings retailer Laura Ashley has posted a drop in pre-tax profit after a “challenging” Autumn stunted sales.
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NewsPoundworld buys 15 Peacocks stores
Single-price retailer Poundworld has acquired 15 former Peacocks stores in the south of England as it expands across the UK.
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Walmart’s Japanese operation resumes new store openings
Walmart’s Japanese operation Seiyu is resuming new store openings for the first time in over four years. Four openings are scheduled for this year – in Tsukuba on March 28, Kawasaki in late April, Saitama in the summer and Fuchu in December. The retailer is looking for other properties, potentially ...
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NewsMothercare poised to fast-track store closures
Mothercare is expected to reveal it is speeding up its store closure programme when it unveils the conclusion to its strategic review in May, analysts believe.
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Drugstore operator CVS plans 25 Beauty 360 store closures
Drugstore operator CVS plans to close all 25 stores of its fledgling beauty business Beauty 360 by May 19. The Beauty 360 ecommerce business will also cease operations on the same date.CVS director of public relations Erin Pensa said the company “has made the decision to refocus our efforts on ...
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NewsGame customers lose out as loyalty points scrapped
Game customers could be left with unredeemed gift cards and loyalty points after it collapsed into administration yesterday.
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NewsGame: Full list of store closures revealed
Entertainment retailer Game has today closed 277 stores after calling in administrators this morning.
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NewsGame: 2,104 job losses as 277 stores close
Game administrator PwC has confirmed it is in discussions with interested parties after revealing the closure of 277 stores, resulting in 2,104 job losses.
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NewsM&Co to launch in Middle East
Scottish fashion retailer M&Co is to launch in the United Arab Emirates and is planning 30 stores in the region.
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NewsLily Cole to front Body Shop campaign as new format is unveiled
The Body Shop has unveiled model Lily Cole as its new brand ambassador as it launches a new store concept.
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Zara launches global concept store in New York
Inditex-owned clothing retailer Zara has launched a global concept store in New York with revamped architecture and a new interior design scheme.The store, at Fifth Avenue and 52nd Street, is the retailer’s largest in the US, comprising more than 32,300 sq ft spread over three floors.The store design emphasises simplicity ...
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NewsCath Kidston: Booming sales for the kitsch retailer
Booming sales at the retailer reflect two years of rapid growth under its private equity owner.
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NewsRed 5 mulls pop-up shop strategy
Red 5 is considering a new property strategy that would mean the gadgets retailer replacing the majority of its permanent stores with pop- up shops to combat expensive rental costs.
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NewsMoss Bros to revamp Regent Street flagship
Menswear group Moss Bros will unveil its upmarket, newly refurbished flagship Regent Street store on Thursday.
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NewsPotential buyers circle Game
Beleaguered entertainment retailer Game was being circled by potential buyers within hours of putting administrators on standby yesterday.