Latest property news – Page 40
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NewsPaperchase drafts in advisers as it mulls CVA
Paperchase has drafted in advisers as the chain mulls launching a company voluntary arrangement (CVA) to streamline its store portfolio.
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NewsRetail needs Brexit 'certainty', BRC warns
Retailers “desperately need certainty” about the UK’s exit from the EU following the meaningful vote on Theresa May’s withdrawal deal, the British Retail Consortium has warned.
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NewsMarks & Spencer reveals more store closures, 1,000 jobs affected
Marks & Spencer has disclosed details of 17 more stores to be shut, affecting 1,045 staff, as part of its ongoing restructuring.
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NewsAmazon reveals annual business rates payment
Amazon has disclosed how much it pays in business rates in the UK and defended the contribution it makes to the country more generally.
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NewsSteamer Trading Cookshop rescued in pre-pack deal
Steamer Trading Cookshop has been bought out of administration by rival kitchenware specialists ProCook, Retail Week can reveal.
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News‘Predatory online pricing’ worse than rates, says Timpson
“Predatory” pricing by online retailers is a bigger problem to bricks-and-mortar retailers than business rates, Sir John Timpson has warned.
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NewsWolfson: High street must wake up to 'new reality'
Town centres must change in recognition of the shifts transforming retail, according to Next chief executive Lord Wolfson.
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NewsCo-op eyes 100 new stores amid £200m investment
The Co-op is targeting 100 new shops across the UK in 2019 as part of a £200m investment into its convenience store portfolio.
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NewsRetail job losses to hit 164,000 in 2019
More than 164,000 retail jobs will be lost in 2019, the Centre for Retail Research has warned.
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NewsCouncils set to vie for share of £675m high street fund
The Future High Streets Fund has launched as councils are invited to bid for a share of the pot to reinvigorate their town centres.
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NewsTimpson sets out vision for future of town centres
Councils must take the lead on rejuvenating town centres, according to a new Government report led by Sir John Timpson.
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NewsIkea expands city centre format with second London store
Ikea will open its second Planning Studio format store in Bromley as part of its strategy to expand its bricks-and-mortar presence in city centres.
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NewsCarpetright unfurls to a loss in 'transitional year'
Carpetright has recorded a pre-tax loss and declining sales at the interim mark as restructuring costs bite.
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NewsChristmas footfall to be lowest since credit crunch
UK high streets are set for their quietest Christmas since the recession, according to forecasts.
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NewsAmazon Go to open in London’s West End
Amazon Go is set to open in London’s West End, allowing shoppers to purchase their items without having to go through a checkout.
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NewsHomebase and Tapi launch concession partnership
Flooring retailer Tapi is rolling out concessions in Homebase stores as it seeks to ramp up its expansion.
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NewsClas Ohlson to close UK stores
Swedish hardware retailer Clas Ohlson will close all of its stores in the UK, apart from the Reading branch, following years of losses.
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NewsMike Ashley: High streets in 'downward death spiral'
Sports Direct boss Mike Ashley has urged MPs to “take the bull by the horns” to save British high streets from “a downward death spiral”.
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NewsTesco to put electric car charge points in 600 stores
Tesco has partnered with Volkswagen to roll out more than 2,400 electric charging bays at 600 stores over the next three years.