Latest property news – Page 200
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NewsPaperchase set to grow following £30m buyout
Upmarket stationery and greetings cards retailer Paperchase is to ramp up its expansion plans under its new owners, Primary Capital.
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NewsPawnbroker H&T broadens retail offer
Pawnbroker H&T is to start selling jewellery online and in its Gold Bar fascia stores as it seeks to extend its retail offer.
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NewsConvert empty shops into schools, says consultancy
Converting empty shops into schools could give retailers an alternative way to exit unwanted leases, according to building consultancy EC Harris.
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NewsSuperGroup posts £22.5m in pre-tax profit
SuperGroup, the young fashion business which owns brands Superdry and chain Cult, has posted £22.5m in profit before tax in its first set of annual results since it joined the stock exchange.
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NewsTesco eyes West End for standalone F&F fashion shop
Grocery giant Tesco is looking for a standalone store for its clothing brand F&F in central London.
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NewsDixons launches clearance format at Merry Hill
Electricals retailer Dixons has opened a clearance format at Merry Hill in the West Midlands.
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NewsTrespass aims for 250 stores as it capitalises on property market
Outdoor specialist Trespass has revealed plans to expand to 250 stores within four years as it takes advantage of property opportunities thrown up by the recession.
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NewsHed Kandi to open first store in Bluewater
Music and lifestyle brand Hed Kandi has confirmed its first move into retail with a store opening in the Bluewater shopping centre in August.
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NewsPets at Home profits soar
Retailer achieves recession-busting performance and downplays VAT threat as it plans 150 more stores
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Michael Kors closes in on Regent Street store
US upmarket shoes and accessories retailer Michael Kors is to open its second UK store on Regent Street in the shop formerly occupied by opticians Dollond & Aitchison.
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NewsDisney insists sparkle will return despite dip
Disney Stores has slipped back into the red in the year to October 3 after posting a pre-tax loss of £11.3m compared with a profit of £2.8m the year before.
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NewsTK Maxx West End debut will put it on fashion map
US discount designer fashion retailer TK Maxx is to make its West End debut in Charing Cross Road at the end of this month, just over a year after being deemed not posh enough to open in nearby Piccadilly Circus.
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NewsTesco to raise £950m in property deal
Tesco is to undertake a sale and leaseback deal to raise £950m, it is understood.
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NewsHarold Tillman secures Allders’ future in landlord deal
Fashion entrepreneur Harold Tillman has secured the future of his Allders department store in Croydon after joining forces with landlord Minerva to create a revised and relocated shopping centre in the town centre.
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NewsTextiles Direct seeks 90% cut in rents
Sixty-eight-store homewares and soft furnishings retailer Textiles Direct has pushed through a CVA in a bid to secure its future by reducing some of its rent bills by 90%.
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NewsVictoria’s Secret confirms first UK store on New Bond Street
Updated: US lingerie giant Victoria’s Secret has confirmed it has signed for its first UK store on London’s upmarket New Bond Street, as revealed by Retail Week this month.
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NewsRetailers hit out over Crossrail delays
A group of retailers and property owners have signed a letter demanding that the proposed Bond Street Crossrail station must go ahead.
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NewsShop rents decline 1.5% in the last year
Shop rents fell 1.5% in the year to June and the trend is expected to continue as government efforts to slash the deficit hits consumer confidence.
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NewsDSGi tests combined Currys/PC World at Bluewater
Electricals group DSGi is testing a combined Currys and PC World store at Bluewater following the success of big two-in-one shops.