Latest property news – Page 52
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NewsFatFace profits dip despite sales rise
FatFace’s profits dipped last year despite rising sales as the company ploughed investment into expansion and logistics.
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NewsFenwick profits slump as it firms up 2019 online launch
Fenwick has suffered a slump in full-year profits as markdowns and investments in its digital capabilities dented its bottom line.
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NewsLloydsPharmacy to close 190 stores due to funding cuts
LloydsPharmacy plans to close nearly 200 of its UK stores as government funding, business rates and the apprenticeship levy have made “market conditions challenging”.
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NewsFirst look: Debenhams makes debut Down Under
Debenhams has opened its first store in Australia this week with a small-format shop in Melbourne.
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NewsWest End retailers poised for Christmas spending spree
Retailers across London’s West End are set to profit from a Christmas spending spree as international shoppers snap up Brexit bargains.
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NewsDr Martens profits spike as store expansion pays off
Dr Martens has posted a spike in profits in sales as investment into new stores and its ecommerce business bore fruit.
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NewsIntu trials 'Europe’s first' robotic retail assistant
Intu will test new technologies in its outlets over the next month including a queue jumping app and ‘shop-bot’ as part of its start-up accelerator initiative.
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NewsJohn Lewis launches ‘concierge-style’ shopping
John Lewis is launching a ‘concierge-style’ shopping service as part of wider plans to “reinvent” its department stores.
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NewsSainsbury’s in row over affordable housing
Sainsbury’s faces a battle to build its latest superstore after it emerged that affordable homes comprised just 4% of its proposed development.
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NewsSeptember footfall down as retail park growth slows
High-street and shopping centre footfall was down once again in September as retail park growth faltered.
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NewsTopshop reset shows how tough peak could be
Jewel in the Arcadia crown Topshop is taking the unusual step of ‘resetting’ its store estate to prepare for peak trading.
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NewsTopshop to temporarily shutter stores in ‘reset’ drive
Topshop is temporarily closing the vast majority of its stores as part of a ‘reset’ programme, Retail Week has learned.
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NewsToday in retail: WHSmith's new direction of travel
WHSmith’s travel division overtook its traditional high street presence for the first time this year, contributing the lion’s share of both profits and sales.
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NewsWHSmith profits up as travel sales outstrip high street
WHSmith posted a surge in pre-tax profits bolstered by its travel division, whose total sales surpassed its high street division for the first time.
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NewsFat Face extends Boxing Day shop closures
Fashion retailer Fat Face is to shutter more stores on Boxing Day this year to give workers an extra day with their families at Christmas.
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NewsAldi plans £75m warehouse to support Southeast push
Aldi has unveiled plans to build a £75m distribution centre in Bedford to support its aggressive expansion in the Southeast of England.
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NewsM&S reveals intention to exit Covent Garden store
Marks & Spencer is pulling out of its Covent Garden store and intends to close it in March, Retail Week has learned.
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NewsReserved eyes UK store push after Oxford Street launch
Reserved is plotting a wider assault on the UK market just weeks after opening its first store on London’s Oxford Street.
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NewsJohn Lewis poaches Arcadia property director
John Lewis has poached Arcadia group property director Chris Harris, who will join the department store retailer in the same role in March next year.
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NewsAngling Direct reels in rival fishing retailer Fosters
Angling Direct has snapped up rival Fosters Fishing as it presses ahead with its ambitious expansion plans.