Latest property news – Page 187
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NewsJJB CVA gets landlord Hammerson's backing
JJB Sports’ proposed company voluntary arrangement (CVA) has been further bolstered as it wins landlord Hammerson’s backing.
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NewsInditex to push lesser known brands in UK
Spanish fashion giant Inditex plans to roll out its lesser-known brands including Pull and Bear and Bershka across the UK this year.
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NewsStore revamps at heart of JJB’s recovery plans
JJB Sports chief executive Keith Jones is confident that its new business plan can revive the ailing sportswear retailer, despite like-for-likes slumping 13.5% from January 24 to March 13.
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NewsFrench connection boss hits out at upward only rent reviews
French Connection chief executive Stephen Marks has hit out at upward only rent reviews, asking the government to review the law.
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NewsGreen and Cheshire debate CVAs
Arcadia owner Sir Philip Green told a packed audience at the Retail Week conference it is inevitable that landlords will accept CVAs because they are in their interest.
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NewsNew plan for Leeds development anchored by M&S and John Lewis
Developer Hammerson has resubmitted an outline planning application to Leeds City Council for a 1 million sq ft scheme that was mothballed during the recession.
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NewsFocus strikes deal to keep monthly rents
DIY group Focus has won agreement from most of its landlords to carry on paying monthly rents from the end of this month.
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NewsJJB meets its shareholders ahead of fundraising plea
JJB Sports chief executive Keith Jones has visited the US to brief big shareholders in preparation for the retailer’s next round of fundraising.
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NewsCarpetright shuts Ireland stores after steep sales fall
Carpetright has become the second high-profile UK retailer to close stores in Ireland over the past two weeks as retail sales continue to plummet in the country.
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NewsAlworths forced to close store during rent dispute
Uncertainty still surrounds the future of variety store group Alworths, which is undergoing restructuring and a likely change of ownership (Retail Week, March 4).
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NewsGap to close stores and become more trend-led
Casualwear giant Gap is to close 200 of its 900 stores worldwide by 2013, and has admitted it has not invested heavily enough into attracting ethnic minority customers in the US.
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NewsCoach drives into UK market
Luxury US accessories brand Coach is to open its first UK store on Friday in west London’s Westfield shopping centre.
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NewsThe Sting on the hunt for more UK stores
The Sting is hunting for more stores following its UK debut last summer.
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NewsHollister and Cult sign for Westfield Nottingham
Fashion retailers Hollister and Cult are the first retailers to sign for Westfield’s new Broadmarsh shopping development in Nottingham.
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NewsForever 21 signs for store in Glasgow
US fashion retailer Forever 21 is understood to have signed for its first store in Scotland.
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NewsExtra tax levy in Northern Ireland would harm retail expansion, warns BRC
The proposed extra tax on large retail properties in Northern Ireland could limit retail expansion and harm employment prospects, the British Retail Consortium (BRC) warned.
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NewsTK Maxx bolsters top team and slows openings to regain focus
TK Maxx is to slow its store opening programme and has bolstered its management team in an attempt to turn its business around following a collapse in profits.
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NewsDixons planning to open second Black store in central London
Dixons is understood to be opening a second Black store to be located in central London in the second half of this year, following the launch of its trend and fashion-led trial shop in December last year.
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NewsG-Star set to open three flagship franchise stores
Young fashion brand G-Star is in talks to open flagship franchise stores in London’s Oxford Street, Glasgow and Manchester.
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