Latest property news – Page 175
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News
Lidl denies withdrawal from Switzerland
Schwarz Group-owned discounter Lidl has denied it plans to withdraw from Switzerland. Following the recent demise of its long-standing country director Andreas Pohl, it has been reported that his successor, Matthias Oppitz, has been asked to place the Swiss operations under close scrutiny and freeze costs. Lidl is reportedly lagging ...
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NewsWestfield plans third London shopping centre in Croydon
Westfield plans to open a third London shopping centre in Croydon.
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NewsEtailer Chain Reaction on hunt for out-of-town locations in UK
Northern Ireland-based bikes etailer Chain Reaction Cycles is to open stores in the UK in another example of a predominantly online retailer eyeing opportunities in physical space.
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News
Aldi Nord to embark on major investment programme
Aldi Nord, the more austere of Aldi’s two main operating companies, is about to embark on the biggest investment programme in its history with plans to refurbish all its European stores.A model unveiled in the Belgian town of Ghent is to serve as the blueprint for the new store design. ...
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News
Sale of Galeria Kaufhof in the offing
A sale of Metro-owned department store chain Galeria Kaufhof could be in the offing, as local press reported interest from billionaire Greek investor George Economou.Meanwhile, Nicolas Berggruen, owner of rival department store chain Karstadt, has also tabled a bid, according to reports. It is not known whether Berggruen is interested ...
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NewsRiver Island to launch standalone shoes and accessories store
Fashion retailer River Island is to launch a new fascia selling only shoes and accessories in Nottingham this month, Retail Week can reveal.
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News£1 rents as landlords try to avoid business rates
Shops are being let for just £1 to retailers on some depressed high streets as landlords try and avoid paying business rates.
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NewsFirst M&S Food on the Move store to be trialled in London
Standalone shop will sell hot and cold food from the retailer’s existing ranges targeted at commuters.
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NewsPiccadilly improvements ease congestion for shoppers
The £14m overhaul of Piccadilly and its surrounding streets has been completed which will ease congestion for shoppers in the area.
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NewsNew chief at Clintons reveals recovery plan
Greetings card retailer Clintons is leading a four-pronged strategy to turn the struggling business around, including a property review that could include closing underperforming stores.
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NewsNew flagship store for Hallmark
Greetings card retailer Hallmark unveiled its new flagship store in Leeds last week, showcasing its “less formal” brand positioning.
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NewsStore Twenty One to push trend-led fashion
Value clothing and homewares retailer Store Twenty One is to further increase its fashionability after its trendier lines helped it bounce back into the black.
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NewsJohn Lewis to open smaller format store in York
John Lewis has revealed plans to open another smaller format department store, in York. -
NewsH&M brands Monki and Cheap Monday open first UK stand-alones
H&M-owned brands Monki and Cheap Monday have signed for their first UK stand-alone stores on London’s Carnaby Street.
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NewsAurora-backed Bastyan brand to open pop-up store
Contemporary womenswear label Bastyan, which is backed by Coast, Warehouse and Oasis owner Aurora Fashions, is to open a pop-up store.
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NewsLush eyes central London for its biggest ever store
Lush is mulling plans to open its largest store in the world in central London.
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NewsParkway shopping centre opens
Parkway, the last new shopping centre to launch before a development hiatus until 2013, opened its doors in Newbury today.
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NewsBooths eyes 10 new stores in Northwest
Northern grocer Booths plans10 new stores as it plans to roll out its new store format across its portfolio.
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NewsAustin Reed flagship is ‘future of the brand’
Austin Reed has opened its new flagship store on Regent Street, which chief executive Nick Hollingworth described as a “stake in the ground” representative of the future of the fashion retailer.
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NewsVideo: Dundrum shopping centre evacuated after severe flooding
Dundrum shopping centre in Dublin has been flooded after more than a month’s worth of rain fell in just a few hours yesterday (Monday).