Latest property news – Page 206
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NewsSuits You confirms CVA proposal
UPDATED: Menswear retailer Speciality Retail Group (SRG), which trades as Suits You, has proposed a Company Voluntary Arrangement (CVA), as predicted by Retail-Week.com this morning.
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NewsPlans chalked to reduce congestion in London’s West End
The London Assembly Transport Committee has laid out new plans to reduce traffic congestion in London’s West End.
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NewsTwo more retailers sign to St Martin's Courtyard development
Fashion chains Jack Wills and Hoss Intropia have both signed to St Martin’s Courtyard, in London’s Covent Garden.
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NewsJohn Lewis to open Olympic Games shop
John Lewis is to open an official Olympic Games shop at its Stratford store as it has been appointed official retailer to the London Olympics.
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NewsRetailers to pay more in business rates to fund Crossrail
Retailers will be forced to pay more in business rates in order to fund London’s Crossrail network.
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NewsGo Outdoors to bolster store count in Scotland
Outdoor retailer Go Outdoors is investing £8m to open five shops in Scotland.
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NewsStore acquisitions send Ryman profits rising
Stationer Ryman’s turnover soared 125% in the year to March 28 as the retailer reaped the rewards from the integration of Partners and Stationery Box.
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NewsAlexon pushes ahead with store disposals as like-for-likes slump
Womenswear retailer Alexon has begun a push to close stores with a disposal list of 16 stores distributed to the property market.
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NewsPerfume Shop to replicate Bluewater refit success
The Perfume Shop is to roll out elements of its refitted shop in Bluewater to its portfolio after revealing UK and Ireland like-for-like sales jumped 8.5% for the five weeks to January 2.
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NewsGant opens UK flagship on Regent Street
Swedish lifestyle label Gant opened its UK flagship store on London’s Regent Street on Friday.
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NewsChurch’s opens at Westfield London
Luxury footwear brand Church’s has opened a shop in Westfield London, its 12th store in the UK.
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Harveys and Bensons team up for joint store in London’s West End
Furniture retailers Bensons for Beds and Harveys have opened a joint store on Tottenham Court Road, London.
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NewsLand Securities moves closer to starting Leeds scheme
Developer Land Securities is moving closer to starting work on several shopping centre developments, including The Trinity Quarter Project in Leeds, after the recession delayed progress on the schemes.
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NewsB&M Bargains’ expanded store portfolio helps lift sales
Value variety store retailer B&M Bargains achieved strong like-for-like sales in the four weeks to December 26, which were up 9% on last year.
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NewsMorrisons’ attention turns south with property team
Morrisons is understood to have set up a property team in the south of England as it seeks to ramp up its expansion in the region.
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NewsBrightHouse eyes South for portfolio growth
Rent-to-own electricals and furniture retailer BrightHouse is confident it can maintain growth in 2010 after reporting strong Christmas figures, with like-for-like sales up 9% in the 13 weeks to December 24.
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NewsPoundland expansion to target larger stores
Single-price retailer Poundland is to maintain its ambitious store opening programme in 2010 and plans to trade from more larger-format stores after reporting total sales up 34.8% and like-for-like sales up 4.4% for the five weeks to January 3.
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NewsWork restarts on Wakefield Trinity Walk shopping centre
The stalled development of Trinity Walk in Wakefield has restarted with builders back on site aiming to hit its spring 2011 opening deadline.
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NewsLondon's West End sales up 5.6% in December
Retail sales in London’s West End were up 5.6% in December, with some West End retailers reporting double digit increases, according to The New West End Company.
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NewsUniqlo seeks to expand after festive sales jump
Japanese-owned fashion retailer Uniqlo is on the expansion trail after it is understood to have delivered UK like-for-like sales up 38% in December.