Latest property news – Page 37
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NewsSports Direct to axe 300 jobs as it shutters Wigan warehouse
Sports Direct is set to close its warehouse in Wigan, Greater Manchester in June, with up to 300 roles to be cut as a result.
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NewsHigh street to lead Easter footfall revival
Retailers can expect much improved footfall across the long Easter weekend, driven by warmer weather and when holiday falls in the calendar.
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NewsMonsoon becomes latest retailer to mull potential CVA
Monsoon has said it is looking to “accelerate” the process of its store closures as it mulls a potential CVA in order to restructure its estate.
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NewsLord Rose criticises Mike Ashley for high street ‘oligopoly’ plans
Former Marks & Spencer boss Lord Stuart Rose has lambasted Mike Ashley over his plans to create a UK retail high street “oligopoly”, and said the sector is still too focused on bricks and mortar.
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NewsRetail footfall data shows shoppers reluctant to splash out
Footfall rose in March but the retail industry remains “in the midst of a no splurge culture”, the latest data indicates.
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NewsIntu hires digital strategy expert as non-exec
Intu has appointed the former chief digital officer at Travis Perkins to its non-executive board of directors.
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NewsWHSmith launches new pharmacy store concept
WHSmith has partnered with Well Pharmacy to open a new store concept in Gatwick Airport’s North Terminal.
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NewsArcadia revamps board as Green mulls restructure
Sir Philip Green has recruited two restructuring specialists to the board of Arcadia, as he mulls a potential CVA for his struggling fashion empire.
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NewsDobbies snaps up 31 garden centres from rival Wyevale
Dobbies has acquired 31 stores from Wyevale, making it the largest garden centre operator in the UK.
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NewsNew Look to abandon in-store menswear offer
New Look is to stop selling menswear in its stores and will only offer the category online from this autumn.
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NewsArcadia plans to halve pension contributions
Arcadia wants to halve the amount it pays into its pension pot every year as it seeks to restructure amid torrid high street trading conditions.
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NewsData: The 50 most vibrant retail locations in the UK
For the second year in a row, Cambridge has beat a host of central London locations to be named the best-quality retail destination in the UK.
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NewsData: The 50 worst retail locations in the UK
Shopping destinations in Newcastle, Glasgow, Birmingham, London and Liverpool have been named among the worst-quality retail locations in Britain.
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NewsOffice Outlet axes stores and jobs as sale hopes fade
Office Outlet is to shutter 16 stores and axe 160 jobs after administrators conceded that hopes of selling the business were fading.
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NewsRetailers implore MPs to tackle business rates 'madness'
Retailers have called on the government to tackle the “madness” of the business rates system to stop it from “strangling our high streets”.
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NewsArcadia mulls 'shares for rent cuts' deal to sweeten CVA
Sir Philip Green is considering offering landlords shares in his struggling Arcadia group as he bids to win their backing for a restructure.
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NewsArcadia draws up planned store closure list
Arcadia has drawn up a list of almost 70 stores it wants to offload as it continues to consider launching a company voluntary arrangement.
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NewsThe Range’s new HQ to create 450 jobs
Value home retailer The Range has announced its new headquarters will open in the summer and will create 450 new jobs in its home town of Plymouth.
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NewsMajestic Wine name to disappear in business shake-up
Majestic Wine is to close retail stores and sell off assets as part of a radical transformation plan designed to focus on its Naked Wines business.
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NewsSir Philip Green facing Arcadia pension blackhole
Sir Philip Green is facing the prospect of increasing his contributions to Arcadia’s pension schemes, as he mulls a potential company voluntary arrangement.