Latest property news – Page 196
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NewsKingfisher aims for overseas growth in emerging markets
DIY giant Kingfisher aims to grow by expanding internationally over the next five to 10 years.
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NewsLondon’s first designer outlet casts it net
London’s first designer outlet centre started marketing its units to the retail sector this week.
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NewsMayhew urges Government to get on with fostering growth
British Retail Consortium (BRC)chairman Luke Mayhew has urged the Government to set out a vision of better times and shift public debate away from spending cuts.
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NewsUK exit on cards for Spanish jewellery chain Tous
Spanish jewellery and accessories chain Tous wants to exit its store on Regent Street and is understood to be mulling the closure of its only other UK store in Westfield London.
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NewsLakeland doubles profits as it cuts costs and drives product innovation
Homewares retailer Lakeland, darling of the middle classes, has more than doubled its full-year profits after cutting costs and focusing on product innovation.
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NewsNew Bond Street Europe’s most expensive retail address
London’s New Bond Street has overtaken the Avenue des Champs-Elysées in Paris as the most expensive retail address in Europe as luxury fashion stores jostle to open new stores in the area.
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NewsRetailers warn over business rate rises
Looming increases in business rates could threaten the ability of retailers to create jobs, the BRC warned today.
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NewsHouse of Fraser considers out-of-town stores
House of Fraser, the department store chain, is understood to be drawing up plans to open out-of-town stores.
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NewsBrantano turns corner and eyes store growth
Footwear retailer Brantano plans to open 50 UK stores in the next five years as it expects to make a pre-tax profit for the first time since 2005.
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NewsGerman kitchen supplier Kütchenhaus grows in UK
German mid-market kitchen specialist Kütchenhaus has revealed plans for 40 to 50 stores across the UK as the retailer snaps up attractive property deals in the downturn.
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NewsLaura Ashley to open clothing-only stores
Floral-inspired fashion and furniture retailer Laura Ashley is to open standalone clothing stores in a bid to lift sales.
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NewsRetailers dismayed by service charges
Service charges and alteration consents have emerged as retailers’ key landlord relationship concerns.
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NewsPrimark sales up after strong performance in Europe
Value fashion giant Primark has continued to perform well over 2010 driven by a “very stong” performance in continental Europe.
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NewsDune outlines strategy to hit sales of £200m
Footwear retailer the Dune Group has outlined its strategy to reach sales of £200m in the next three years after operating profits rocketed 630% to £7.3m in the year to January 30.
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NewsVertical fashion show stops Oxford Street traffic
London’s Oxford Street came to a standstill on Monday when a pop-up vertical fashion show took over the area.
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NewsVacant shops leading to North-South divide
The number of vacant shops increased 13% in the six months to June 30, with regional differences becoming “more apparent than ever”, creating a “clear North- South divide”.
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NewsIkea eyes Reading for next store
Swedish furniture giant Ikea is preparing a planning application for a new store in Calcot, near Reading. It would be its first store opening in the UK and Ireland in more than a year.
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House of Fraser to invest £5m in Meadowhall store
House of Fraser has pushed the button on plans to refurbish its Meadowhall store in Sheffield, the store’s first makeover since the shopping centre opened 20 years ago this month.
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NewsGuess plans London openings for kidswear and sub-brand stores
US denim brand Guess is to open a standalone kidswear store as it gears up for rapid expansion in the UK.
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NewsTesco denies claims it let town centre decline to secure regeneration plans
Tesco has hit back at claims that it allowed a town centre to become derelict to give it a stronger case for securing approval for a development of its own.

















