Latest property news – Page 191
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NewsRussian oligarch Mamut increases his stake in HMV
Russian oligarch Alexander Mamut has increased his stake in HMV again, to more than 6%.
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NewsDunelm's Christmas like-for-likes slide
Dunelm Group has reported a like-for-like sales fall of 4.2% in its second quarter over the Christmas period, resulting in a like-for-like dip of 1.2% for its first half.
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NewsSir Philip Green to 'double' Topshop sales
Arcadia boss Sir Philip Green is aiming to double sales at Topshop within the next five years, through an ambitious programme of international expansion at the young fashion chain.
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NewsHMV to shut 60 stores as it issues profit warning
HMV has outlined plans to shut 60 of its HMV and Waterstone’s stores in the next 12 months as sales have continued to fall over the Christmas trading period and the retailer warned on profits.
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NewsBluewater records highest ever Christmas footfall as Sales pull in crowds
Shopping Centre Bluewater said it experienced a record Christmas, recording its highest ever footfall of 28.1 million.
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NewsSeasonal footfall up at Glasgow's St Enoch
Glasgow’s St Enoch shopping centre recorded a 20% year-on-year rise in footfall during Christmas week as shoppers avoided the cold weather and chose to do their shopping under cover.
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NewsStrong Christmas trading at Hammerson centres
Shopping centre owner Hammerson has reported a strong start to the post-Christmas Sales period, with 2.25 million shoppers visiting its nine regional shopping centres over the three days from Boxing Day.
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NewsBest Buy insists plans are on track despite pulling out of deal
Best Buy has insisted its plans for the UK are still on course despite it pulling out of a deal to open a store in the north-east of England.
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NewsProgress on monthly rents too slow, BRC claims
There has been no increase over the past year in the proportion of retail leases where rents are paid monthly, the BRC said this morning.
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NewsCarpetright to downsize larger stores in a bid for better returns
Carpetright is downsizing 10% of its portfolio as it seeks to get better returns from its selling space.
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NewsM&S to open first store in Egypt and third in China
Marks & Spencer took a step forward with international expansion yesterday, when its first store in Egypt and third in China were scheduled to open.
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NewsChristmas on ice
High street could benefit at the expense of out-of-town shops if the bad weather continues
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NewsTesco's One Stop acquires 77 stores from Mills
Tesco’s convenience fascia One Stop has acquired 77 stores from Mills Group as part of its long term expansion plans.
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NewsClas Ohlson scales back UK expansion plans in tough market
Swedish DIY and homewares chain Clas Ohlson has scaled back its UK expansion plans due to difficult market conditions.
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NewsTesco among last bidders for Poland's Zabka chain
Tesco and Carrefour are among the final four bidders for Poland’s Zabka retail chain, it is understood.
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NewsBusiness rates revamp under Localism Bill
Local authorities will have greater control over setting business rates under new powers proposed in the Localism Bill.
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NewsLandlords kick start talks with retailers over new developments
Property giants Land Securities and Hammerson have kick-started talks with retailers about taking space in upcoming shopping centres.
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NewsThe Body Shop seeks growth in India
The Body Shop is gunning to reach 150 stores by 2014 in India.
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NewsWest End stores open as normal after riots
Stores on Oxford Street and Regent Street are trading as normal this morning despite rioting last night by student protesters.
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NewsAnger at Scottish Government's £30m raid on retailers' coffers
Scottish Government proposals to milk big retailers for additional cash have been condemned as a threat to jobs and economic recovery.