Latest property news – Page 2
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NewsPoundland outlines restructuring plan to kick-start turnaround
Value specialist Poundland intends to make sweeping changes to its business as it seeks to recover following poor trading.
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NewsOxford Street pedestrianisation to go ahead
The mayor of London has confirmed that Oxford Street will be pedestrianised.
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NewsFortnum & Mason eyes UK stores outside of London
Fortnum & Mason is considering opening UK stores outside of London for the first time in its three-century history.
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NewsInvestment firm acquires stake in WHSmith following high street sale
An activist investment firm has started to build a stake in WHSmith after it sold off its high street arm to Modella Capital.
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NewsInditex looking to bring Lefties brand to UK
Fashion giant Inditex is eyeing new store locations for the expansion of its Lefties brand in the UK, according to reports.
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NewsUK retail footfall takes ‘disappointing turn’ during the start of summer
Retail footfall in the UK has taken a “disappointing turn” during the beginning of summer despite a more promising start to the year.
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NewsAnthropologie to open second Scottish store
Anthropologie is to open a new store in Glasgow, its second location in Scotland.
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NewsRetail footfall in May flat as consumers stay cautious
UK retail saw a small drop in footfall in May as the flat figures reflect a month shaped by cautious customers, half-term holidays and a change in consumer habits.
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NewsWHSmith ‘well positioned’ for summer peak as sales increase across travel
Global travel retailer WHSmith said it is “well positioned” for its peak summer period as travel sales continue to increase.
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NewsNew owner for Northern Ireland shopping centre near Belfast
Property firm NewRiver announced that it had sold the Abbey Centre in Newtownabbey to the Herbert Group of Companies.
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NewsJohn Lewis wins approval for Ealing store and housing redevelopment
A government planning inspector confirmed the plans have been given the green light following an appeal by the retailer submitted last summer.
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NewsLandsec to grow retail estate by £1bn as it records strong results
Major property group Landsec has said it aims to grow its retail estate by £1bn in the next one to three years as it records strong results.
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NewsFurniture retailer MFI to return nearly two decades after its collapse
Once household furniture brand MFI is set to make a surprise comeback to the UK high street, nearly two decades after it collapsed into administration.
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NewsAsda co-owner Mohsin Issa steps down as CEO at EG Group
Mohsin Issa has stepped down from his role as CEO of petrol station chain EG Group.
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NewsEaster footfall outstrips 2024 levels
Retail footfall across the UK was relatively flat in the week leading up to Easter, but increased consumer activity helped it surpass 2024.
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NewsWHSmith sales jump but profit down as high street trading drags
WHSmith reported a jump in revenues but profit before tax inched down in its first financial update since announcing the sale of its flagging high street business.
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NewsIceland to double petrol forecourt presence with EG Group tie-up
Frozen food specialist Iceland will double its forecourt presence through a new partnership with EG on the Move.
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NewsBond Street becomes Europe’s most expensive shopping street as retail rent rockets
London’s Bond Street has been named Europe’s most expensive shopping street as retail rent soars and luxury retail openings see “unexpected boost”.
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NewsMother’s Day boosts retail footfall in March but Budget costs are expected to hit in April
UK retail saw a lift in footfall in March thanks to Mother’s Day and nice weather, but the effects of the Budget are expected to take hold in April.
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NewsIkea to launch new ‘refreshingly compact’ store format
Ikea has snapped up several Homebase units to launch a handful of new format stores, Retail Week can reveal.