Latest property news – Page 167
-
NewsBonmarché returns focus to over-50s
Bonmarché will sharpen price points and return to its roots as a womenswear retailer aimed at the over-50s under the ownership of private equity firm Sun European, which bought it out of administration six weeks ago.
-
NewsHarvey Nichols launches luxury box at Man City
Harvey Nichols has launched a box at Manchester City’s football stadium selling products from the luxury department store.
-
NewsJohn Lewis Partnership gears up for ‘profound change’ in retail market
John Lewis Partnership has unveiled a new round of investment in its businesses to ensure it remains at the forefront of “profound change in the retail market” driven by technological advances.
-
NewsGame to exit Comet shops to reduce space
Embattled entertainment retailer Game is to end its partnership with electricals retailer Comet as part of its ongoing strategy to reduce space.
-
News
Grocery retailer Ahold to expand
Grocery retailer Ahold is to expand its AH To Go convenience store banner.According to chief executive Dick Boer, growth of its core banner – Albert Heijn supermarkets – is limited due to its established large market share. Therefore, the retailer plans to open more convenience stores at train and petrol ...
-
News
Schlecker to cut domestic store network
Struggling drugstore business Schlecker intends to cut its domestic store network from 5,410 to 3,000 shops, according to insolvency administrator Arndt Geiwitz.The retailer said it would discuss plans with its employees and their representatives before announcing which stores would be closed. It also intends to slash its logistics network from ...
-
News
Metro Group to expand in China
Metro Group’s cash and carry operation in China plans to open at least 10 stores during 2012.Metro China is also piloting a trader support solutions programme to provide customised service tools to local independent small and medium-sized traders.Based on the pilot launched in Shanghai in 2011, Metro is testing the ...
-
NewsSavile Row tailors oppose Abercrombie & Fitch kidswear store
Savile Row retailers are up in arms about plans for US casualwear giant Abercrombie & Fitch to open a kidswear store on the famous upmarket menswear shopping destination.
-
NewsNew owner invests £50m to turn around Peacocks
The new owner of Peacocks, Edinburgh Woollen Mill, plans to restore the collapsed value fashion retailer to a 600-store business in the next four years as it pumps in £50m of investment.
-
NewsJohn Lewis to revamp flagship ahead of Olympics
Department store group John Lewis is to invest £8m in revamping its flagship Oxford Street store ahead of the London 2012 Olympics and Queen’s Diamond Jubilee this summer.
-
NewsThorntons plans to test products via website
Struggling chocolatier Thorntons will use its website as a “testing ground” to introduce new products across the business as it relaunches its online operations in the autumn as part of its turnaround.
-
NewsPeople’s Supermarket faces closure
The People’s Supermarket is considering a new business model to ensure its survival as its sole London store faces closure.
-
NewsMore Bonmarché stores rescued from closure
Sun European, new owners of rescued fashion chain Bonmarché, has confirmed an additional 30 stores will remain open, taking the total number of stores to 255.
-
NewsUK retail sales outperform Europe over Christmas
UK retail sales outperformed the European average over Christmas as online shopping helped boost sales in a tough trading environment.
-
NewsCrew Clothing full year profits soar
Casualwear retailer Crew Clothing profits climbed by more than a quarter last year despite the challenging economic climate.
-
NewsTopshop continues US expansion with LA store
Topshop/Topman is continuing its US expansion by inking its first West Coast store deal.
-
NewsCash Converters to double UK stores
Pawnbroker Cash Converters plans to double its store portfolio in the next four years.
-
NewsPrimark like-for-likes to edge up 2% in first half
Primark like-for-likes are expected to edge up 2% in its first half.
-
NewsEdinburgh Woollen Mill eyes a further 75 closed Peacocks stores
More stores could be saved by the new owner of Peacocks, as Edinburgh Woollen Mill seeks to reopen 75 more stores that were closed last week.
-
NewsLipsy opens first overseas stores in Dubai
Young fashion retailer Lipsy has opened its first overseas stores in Dubai.