Latest property news – Page 168
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NewsHammerson occupancy levels up as it sheds office to focus on retail
Shopping centre owner Hammerson said its occupancy level edged up from 97.3% to 97.9% last year.
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NewsRetailers write to Chancellor to urge business rate reform
Retailers including Boots, HMV, Kingfisher and Primark have written to the Chancellor calling on him to revise the 5.6% business rate rise to come into effect in April.
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NewsIceland expands eastward with partnership in Czech Republic
Frozen food retailer Iceland has opened its first store in the Czech Republic and is eyeing further expansion in Eastern Europe.
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NewsSales uplift at Ann Summers after La Senza hit the buffers
The lingerie retailer enjoys a sales hike and launches ‘tongue in cheek’ ad campaign
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NewsFootfall up 2% at Capital Shopping Centres
The owner of the Trafford Centre and St David’s has reported a rise in footfall of 2% last year.
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NewsHobbs invests £18m to drive multichannel
Womenswear retailer Hobbs is investing £18m in multichannel integration and international expansion following a 10% sales rise for its autumn collection.
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News
Inditex to open stores in Bosnia and Herzegovina
Inditex has announced that it will open its first stores in Bosnia and Herzegovina this year. The company plans to introduce its Zara, Bershka and Pull & Bear brands, unveiling its first Zara unit in the Brodomerkur-Mepas shopping centre, Mostar. The mall will open in March and will be one ...
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NewsSainsbury’s in NHS link-up
Sainsbury’s has opened its first pharmacy in a hospital this week near Middlesbrough.
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NewsAlbemarle & Bond eyes more pop-ups
Pawnbroker Albemarle & Bond is eyeing more pop-up shops as landlords aim to attract the footfall drivers to their retail schemes.
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NewsPeacocks sold to Edinburgh Woollen Mill
Peacocks has been sold to Edinburgh Woollen Mill, which has acquired 388 stores and concessions, out of administration.
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NewsPast Times disappears from high street as all shops closed
Past Times no longer has a bricks and mortar presence after all its 97 stores closed after it filed for administration in January.
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NewsEdinburgh Woollen Mill re-enters bidding race for Peacocks
Edinburgh Woollen Mill re-entered talks to buy Peacocks over the weekend, it is understood.
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NewsOut-of-town shopping drives Christmas footfall rise
Footfall in the three months to January was 1.8% up on a year ago, thanks largely to an increase in out-of-town shopping.
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NewsGovernment urged to improve competitiveness so retailers invest
British Retail Consortium has urged Government to improve UK competitiveness to ensure retailers invest rather than increase their cash reserves.
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NewsCheryl Cole to open StylistPick's first pop-up shop
Online accessories specialist StylistPick is to open a pop-up shop at Westfield, London next week where face of the brand Cheryl Cole will make an appearance.
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NewsMultiple retailers closed 14 stores a day in 2011
Multiple retailers closed an average of 14 stores a day across the UK, according to the Local Data Company and PWC.
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NewsIn focus: Pets at Home
It is a time of change at the pet specialist as the long-serving chief executive steps down.
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NewsAurum to revamp ‘jewel in crown’ as suitors circle
Plans drawn up for ‘fresh and dynamic’ Mappin & Webb following strong year.
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NewsCheap Monday opens first UK standalone
H&M-owned brand Cheap Monday is to open its first standalone UK shop today on London’s Carnaby Street.