Latest property news – Page 219
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NewsRetailers to claim as Bullring scare ‘decimates’ trade
Retailers angry at facing estimated losses of at least £2m after a suspected chemical leak closed Birmingham’s Bullring shopping centre are tabling claims against the scheme’s landlord.
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NewsEx-Woolworths boss Tony Page targets landlords for investment
Former Woolworths director Tony Page is in fresh talks with potential investors as he seeks to raise cash to start up a new retail chain in the wake of Woolworths’ collapse.
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NewsBorders mulls larger-store disposals
Borders is in talks with restructuring specialists about disposing of some of its stores, although chief executive Philip Downer said no closures are imminent.
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NewsAsda and Tesco battle for stores site
Supermarket giants Asda and Tesco are embroiled in a dispute in Coalville, Leicestershire, where both retailers have submitted plans to develop stores.
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BPF calls for help with regeneration scheme funding
The British Property Federation (BPF) has called on the Government to do more to fund retail and mixed-use schemes facing difficulties.
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NewsPuma to axe all but one UK store as it cuts costs after punishing Q1
German sportswear retailer Puma is exiting all but one of its UK stores as part of a major international disposal programme.
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NewsJohn Lewis unveils new home store format name
John Lewis has revealed that the name of its new format home and electricals store will be ‘John Lewis at home’.
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Land Securities chief given warning about future
Land Securities chief executive Francis Salway has been given an ultimatum to turn the struggling landlord around or face the sack, according to weekend newspaper reports.
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Three new retailers for Ashford Designer Outlet
Three retailers have signed up for space at McArthurGlen’s Ashford Designer Outlet, which has had an increase in sales over the last four months.Sailing and country sports clothing brand Musto, US footwear brand Skechers and women’s fashion label Phase Eight have all take stores in the outlet centre, in Kent.The ...
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NewsPedestrianised Oxford Street pulls in 500,000 shoppers
Up to £50m was spent in London’s West End stores on Saturday as 500,000 shoppers took advantage of a traffic-free Oxford Street.
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NewsBanana Republic nears deal for second UK shop in Covent Garden
US fashion retailer Banana Republic is in advanced talks to sign for its second UK store in London’s Covent Garden.
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NewsBirmingham Bullring closed after suspected chemical leak
Birmingham’s Bullring shopping centre was closed down for part of Thursday after several people fell ill following a suspected chemical leak.
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NewsModus’s Wigan Grand Arcade in administration
The company which owns Wigan Grand Arcade shopping centre, which was developed by Modus, has been placed into administration.
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NewsBCSC calls for collaboration to unblock property pipeline
Retailers are facing a serious threat from a breakdown in the property pipeline unless the private and public sectors take a more collaborative approach to planning, the British Council of Shopping Centres has told a group of MPs.
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British Bookshops bought by Endless
British Bookshops has been bought by The Works owner Endless.
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NewsSaints & Sinners opens in Liverpool One
Just opened in Liverpool One, Saints & Sinners is a men’s fashion shop that is dubbed a lifestyle store and which is intended to combine elements of Tokyo retail design with the look and feel of a boutique hotel.Designed by Manchester-based consultancy Rawfish, the 4,500 ...
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NewsDecathlon targets UK with smaller format Koodza stores
French sports retailer Decathlon is to trial a smaller-store budget format called Koodza in the UK.
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Hyper Hyper owner seeks further sites
The owner of fashion retailer Hyper Hyper, Baboo Sehgal, is looking for more sites after temporarily taking the old Zavvi store at the eastern end of London’s Oxford Street.Sehgal is offering rails for new designers and concessions in the Oxford Street shop.He will open another store on London’s Portobello Road ...
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NewsEmpty shops soar at Land Securities’ centres
One of Britain’s biggest shopping centre and retail park owners today admitted that void levels are higher than during the downturn in the 1990s.
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Government still not doing enough to protect town centres, says ACS chief
The Association of Convenience Stores has warned a group of MPs that there is “still much to achieve” in supporting town centres.