Latest property news – Page 182
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NewsFate of Life & Style lies in hands of administrators
The administrators of bust homewares and fashion retailer Life & Style, born out of the ashes of Ethel Austin, will decide on Monday whether to sell it as a going concern or liquidate it, it is understood.
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NewsRepublic rethinks store target as online picks up
Fashion chain Republic has revised its long-term store growth target in response to the “changing nature of the customer” that now flocks to the internet to buy clothes.
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NewsCo-op buys 3 Netto shops
The Co-operative Group has bought three Netto stores from Asda for an undisclosed sum.
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NewsCath Kidston opens in St Pancras
Kitsch homewares and fashion retailer Cath Kidston has opened its first shop in a train station, in St Pancras International, London.
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NewsSuperGroup reports business 'on track' and confirms Regent Street opening
Fashion retailer SuperGroup reported that retail sales have improved in the last three weeks and are running overall at about the same level as in the fourth quarter, when they rose 39%.
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NewsTed Baker mulls overseas push after 9% sales rise
Quirky fashion retailer Ted Baker has identified potential to open concessions in up to 40 El Corte Inglés stores after a successful 12-shop trial.
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NewsJohn Lewis to open home store in Ashford
John Lewis is further expanding its ‘at home’ concept with a new store in Ashford, Kent which is due to open in autumn 2012.
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NewsH&M to open in Westfield Stratford
Swedish fashion giant H&M will open in Westfield Stratford City in the autumn and the store will be the second in the UK to stock its homeware collection.
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NewsFoyles to open in Westfield Stratford City
Bookseller Foyles is to open a store in Westfield Stratford City, bringing its branch count to seven.
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NewsComet looks to exit 22 prime stores
Struggling electrical retailer Comet is circulating a list of 22 stores which it is looking to sell.
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NewsHalfords trials smaller high street bike shops
Car parts and bikes retailer Halfords has kick-started a trial of small bike-focused high street shops in London.
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NewsHMV chief says music chain still has a future as a high street store
HMV chief executive Simon Fox has ruled out any store closures at the entertainment chain after it secured a life-saving loan agreement with itslenders.
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News99p Stores profit rockets as it lays out international plans
99p Stores’ pre-tax profit has rocketed from £1.8m to £6.3m in the year to January 31 as the single price point value chain maps out plans for European expansion.
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NewsEverything Everywhere opens 30 own name stores after successful trial
Everything Everywhere, the business formed by the merger of Orange and T-Mobile, will open 30 new UK stores under its own name this year following the successful trial of the concept.
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NewsSuperGroup’s ascent 'can continue'
Fashion specialist SuperGroup’s proposed move into flagship Regent Street premises, revealed by Retail Week last week, divided opinion.
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NewsTopps Tiles aims to outperform with brand focus
Topps Tiles will focus on brand building through more marketing as it seeks to outperform the market in its second half.
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NewsBurberry plots store refits and international flagship openings
Luxury retailer and brand Burberry is to plough £80m into store refurbishments this year and focus on high-profile flagship openings after reporting a surge in profits.
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NewsHobbyCraft ups sales with sharper pricing
HobbyCraft’s new chief executive Catriona Marshall has turned around a sales decline at the arts and crafts retailer by realigning its pricing stance.
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NewsSignet insists it will keep investing in UK
Signet chief executive Mike Barnes insists the jewellery giant will continue to invest in the UK, despite reports it is mulling a sale of the UK business, which includes H Samuel and Ernest Jones.
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NewsDixons agrees £59m sale and leaseback deal
Electricals group Dixons, owner of chains including Currys and PC World, has agreed a £59m sale and leaseback of its Nordic distribution centre.