Latest property news – Page 197
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NewsHugo Boss guns for more stores after strong year
Menswear retailer Hugo Boss is gunning to open up to 14 new shops in the UK and Ireland by next year as it expects 2010 to be its most successful year to date.
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NewsTesco faces further planning accusations
Tesco is facing further accusations that it is using its financial clout to win approval for new stores.
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NewsDwell secures £5m funding to aid expansion plans
Furniture retailer Dwell has secured £5m in private equity investment from Key Capital Partners to aid expansion plans.
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NewsTesco bought town centre and allowed it to become derelict, newspaper alleges
Tesco bought a town centre through a front company and allowed it to become derelict as it tried to secure a regeneration deal, a report in today’s Times claims.
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NewsClas Ohlson plans store acquisition drive as it aims to go nationwide
Swedish DIY, homewares and electricals retailer Clas Ohlson has laid out plans for a store acquisition drive to create a nationwide chain.
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NewsAsda signals its intent to rebrand Netto stores ahead of OFT verdict
Asda has submitted planning applications to convert several Netto stores ahead of approval from the Office of Fair Trading (OFT) on the deal.
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NewsJeweller Azendi expands with London stores
Jewellery retailer Azendi is concentrating its expansion on the south of England after opening its second London store, on the King’s Road. The Leeds-based retailer has 19 stores and wants to add another 10.
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NewsCarnaby Street continues celebrations
London shopping thoroughfare Carnaby Street’s 50th anniversary celebrations will continue with a catwalk show in September.
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NewsPrimark to open 75,000 sq ft Edinburgh flagship
Value fashion giant Primark is to open on Edinburgh’s Princes Street after winning planning approval for a 75,000 sq ft store.
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NewsJohn Lewis opens second At Home store
John Lewis today opens its second At Home store, in Croydon
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NewsMarks & Spencer to press ahead with Midlands store closures
Marks & Spencer is to proceed with the closure of four stores in Lincolnshire and Warwickshire, which locals had campaigned to keep open.
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NewsNearly half of Woolworths’ stores still empty
Almost two years after Woolworths’ collapse, 40% of the variety group’s stores remain empty.
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NewsDesigual pays record rent for top Oxford Street pitch
Desigual has signed for a store on Oxford Street in a record-breaking deal that will sees the Spanish fashion retailer paying about £710 Zone A.
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NewsB&M Bargains and Poundland homing in on out-of-town stores
Value retailers are extending their rivalry from the high street to out of town as B&M Bargains launches a home format and Poundland targets retail parks. Family Bargains, the fledgling sister chain of 99p Stores, is also looking out of town.
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NewsHobbs sub-brand NW3 picks Westfield London for its debut
Womenswear retailer Hobbs will launch the first standalone store for its younger NW3 sub-brand next month and is plotting up to 30 in the next four years.
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NewsA retail tea party
Landlord The Crown Estate and the Jermyn Street Association will host a garden party on London’s Jermyn Street on Saturday September 4 to encourage shoppers to the area.
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Card retailer Thoughts in pre-pack deal
Greetings cards retailer Thoughts has been bought in a pre-pack administration deal after it collapsed due to an absence of banking facilities.
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Grocers face end to restrictive property deals
Grocers will face a clampdown on restrictive covenants under the Groceries Market Investigation (Controlled Land) Order 2010, which came into force last week.
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Fossil’s best year ever fuels store expansion
Accessories and fashion chain Fossil wants to double its store portfolio as it expands across the UK and Europe.
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NewsUrban Outfitters to open smaller format UK stores
Quirky fashion chain Urban Outfitters is to open smaller format stores as it seeks to grow its UK store portfolio by a third by the end of the year.