Latest property news – Page 39
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NewsCo-op to launch 'significant number' of franchise stores
The Co-op is to launch franchise stores for the first time in its history as part of its aggressive expansion plans.
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NewsInternational partners stand by Ocado after warehouse fire
Three of Ocado’s international partners have pledged to press ahead with their technology deals, despite the fire that ravaged one of the online grocer’s warehouses.
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NewsOcado mulls new warehouse after Andover fire
Ocado is considering opening a new warehouse after its customer fulfilment centre in Andover was devastated by fire.
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NewsHMV's new owner: We'll be profitable 'by the end of the year'
HMV’s new owner Doug Putman has insisted the music store chain will be profitable “by the end of the year.”
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NewsWestfield London to open venue and events space
Westfield London has unveiled plans to open a new venue and events space to offer customers more experiences alongside shopping.
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NewsBrightHouse to close 10% of stores with up to 350 job losses
Rent-to-own specialist BrightHouse intends to shut 30 stores with the loss of up to 350 jobs, Retail Week has learned.
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NewsMonsoon asks landlords for rent reductions
Monsoon has asked landlords for rent cuts as it mulls accelerating the pace of its store closures.
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NewsDebenhams may close 20 stores as it secures cash injection
Debenhams is considering launching a CVA in a bid to counteract the burden of its onerous rental agreements on its finances, having secured a cash injection.
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NewsLidl opens ‘biggest’ distribution centre in Doncaster
Lidl has opened a new warehouse in Doncaster as the German discounter continues to invest in its store expansion and logistics.
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NewsIntu Watford ploughs £1m into grab-and-go food offer
Intu Watford is ploughing £1m into a new grab-and-go food proposition as it ramps up its catering credentials.
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NewsMike Ashley ‘demands rent holiday’ over possible HMV deal
Sports Direct owner Mike Ashely is reportedly seeking a “six-month rent holiday” from HMV landlords if he were to save the music retailer.
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NewsPaperchase sale discussed at crunch meeting
Stationery and gift card retailer Paperchase was reportedly offered to potential buyers at a meeting with key creditors yesterday.
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NewsJohn Lewis to close first store since 2006
John Lewis & Partners is set to shut its smallest shop by the summer, as it continues restructuring its estate.
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NewsPaperchase set for crunch landlord talks
Paperchase will outline a series of restructuring options to key creditors at two crunch meetings this week, Retail Week has learned.
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NewsHouse of Fraser makes U-turn over Intu stores
Sports Direct has made a U-turn over the future of its House of Fraser stores within Intu shopping centres.
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NewsDixons Carphone 'committed to stores', says Baldock
Dixons Carphone boss Alex Baldock has reaffirmed the retailer’s commitment to the high street, despite swinging the axe on more than 100 shops during the past year.
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NewsMore than 23,000 shops to shutter in 2019, data warns
More than 23,000 shops and 175,000 jobs will be lost from UK high streets in 2019, new research has warned.
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NewsArcadia drafts in advisers to review store portfolio
Sir Philip Green has drafted in advisers from Deloitte to launch a radical review of his Arcadia fashion empire.
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NewsPrimark Birmingham 'will show high street is not dead'
Primark’s new Birmingham store will show “the high street is not dead” and epitomise its relevance, the retailer believes.
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NewsNew Look's Belgium division files for insolvency
New Look has kicked off bankruptcy proceedings for its Belgian retail arm following an ongoing review of its international operations.