Latest property news – Page 218
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NewsHollister secures deals to double UK portfolio
US fashion brand Hollister has pressed on with aggressive expansion plans across the UK, adding four more stores to its portfolio, and entering talks for another four to five.
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NewsMenkind expands
The men’s gifts and accessories retailer has pushed the button on expansion after its most profitable year ever.
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NewsCriterion Capital and Crown Estate reach compromise in TK Maxx store dispute
The furore that erupted after the Crown Estate refused permission for TK Maxx to open a store in Piccadilly Circus has been resolved in an out-of-court settlement.
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NewsCos to open fifth UK store
Cos, Swedish fashion retailer H&M’s sister chain, is to open its fifth UK store on London’s Kensington High Street in September.
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NewsTesco bank unveils new Edinburgh headquarters
Tesco has opened its retail bank’s new headquarters in Edinburgh, which was yesterday hailed as a vote of confidence for the embattled Scottish financial sector.
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NewsWestfield London to cap parking charge during tube strike
Westfield London is offering shoppers all-day parking for £10 during a strike on the underground that began in the capital yesterday evening.
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Cushman & Wakefield: retail property may be ‘past the worst of it’
A leading property agency has said that the market may have passed its lowest point as the rate of growth in high streets voids showed signs of slowing and has even reversed in some areas.
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NewsGuess to fill Regent Street store as Next makes exit
Next is pulling out of Regent Street and will be replaced by US denim brand Guess, which is to open a European flagship store on the site.
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NewsModus developments ‘still on course’
Jersey-based property investment company Ciref has stressed that a number of retail development schemes originally under the auspices of developer Modus are continuing as normal, despite Modus Ventures entering administration.
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NewsTrading Bargains to ramp up expansion
The Range owner Chris Dawson will continue with aggressive expansion plans for Trading Bargains, the brand he set up to sell stock bought following the collapse of MFI.
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NewsUS outdoor retailer Columbia to open London store
US outdoorwear brand and retailer Columbia is to open its first store in Europe in late September on Kensington High Street.
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Lidl seeks sites in Romania
Discount chain Lidl is looking for store sites as it prepares to enter the Romanian market, according to local media.The German group wants plots ranging from between 43,000 and 86,000 sq ft in towns with 30,000 inhabitants or more. Lidl plans to open stores in Galati, Bistrita-Nasaud, Lasi, Medias and ...
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NewsNew Look to revamp all shops as it steams into new markets
New Look is to revamp all of its stores after a successful trial, and move into new markets including Ukraine, Poland and Singapore.
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NewsMarks & Spencer Westfield London makeover as big-ticket sales struggle
Marks & Spencer is expected to begin a realignment of its Westfield London store, reflecting the challenges retailers have had selling furniture and groceries in the centre.
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NewsJJB Sports completes refinancing
JJB Sports has completed its refinancing and ended its standstill agreement with its banks.
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NewsLidl invests in document management system
Lidl UK is to introduce a document management system within its property division that will digitise more than 200,000 documents.
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NewsNew Bay Trading owner enters lease talks
Bay Trading’s new owner has entered into lease negotiations after buying a raft of stores and concessions from the administrator of the chain.
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NewsWestfield London cuts service charge
Australian shopping centre owner Westfield is to reduce service charges by 7 per cent at its Westfield London shopping centre following a campaign from disgruntled retailers.
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NewsVirgin Media steps up retail expansion with 50-store plan
Technology and entertainment retailer Virgin Media has announced an aggressive roll-out of its store format in an attempt to significantly increase its high street presence and to capitalise on lower rents and landlord incentives.
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NewsModus Ventures collapses into administration
Manchester-based property company Modus Ventures has fallen into administration.