Latest property news – Page 55
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NewsThe Perfume Shop profits slide as online drives sales
The Perfume Shop posted a decline in its full-year profits, which it attributed to increased competition from etailers and rising costs.
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NewsRetail diary: The Bezos bod and Vic Reeves joins retail
Amazon boss Jeff Bezos beefs up, comedian Vic Reeves turns shopkeeper and why it could be game over for husbands shopping in China.
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NewsJohn Lewis eyes co-working office space in older stores
John Lewis is mulling a move to introduce co-working or serviced office areas into its larger stores as it seeks better use of excess space.
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NewsTourists set for £2.4bn ‘summer spending frenzy’ in UK
Overseas visitors could splash out as much as £2.4bn in the UK this summer as they take advantage of the slump in the value of the pound.
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NewsAt a glance: Chinese retailer Urban Revivo
Chinese retailer Urban Revivo is setting up shop in the UK next year – here’s everything you need to know about the fast fashion business.
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NewsChinese fashion retailer Urban Revivo set for UK launch
Chinese fast fashion retailer Urban Revivo will launch its debut UK store in Westfield London next year.
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NewsGovernment to base business rate rises on CPI inflation
The Government has promised to base future business rates on the CPI measure of inflation, which is expected to benefit many businesses including retailers.
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NewsHigh street footfall boosted by June heatwave
Footfall received a summer boost last month as the warmer weather drove consumers to outdoor retail locations.
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NewsJohn Lewis hires brand experience manager for new store
John Lewis will hire its first-ever manager of brand experience for its new Oxford store in a bid to ramp up its experiential credentials.
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NewsSainsbury’s ramps up EE shop-in-shop presence
Sainsbury’s is to open more EE shop-in-shops across its Sainsbury’s store estate, just a few months after axing its own Phone Shops.
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NewsStore Twenty One collapses into liquidation
Store Twenty One has collapsed into compulsory liquidation, sparking the loss of 900 jobs.
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NewsToday in retail: Lidl's new boss lays down the gauntlet
He may be the new kid on the block, but Lidl UK’s boss Christian Härtnagel is proving he’s ready to mix it with his more experienced rivals.
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NewsMatalan’s full-price focus boosts profits and sales
Matalan’s profits and sales have rocketed in its first quarter, which the retailer has attributed to its ongoing focus on full-price sales.
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NewsTopshop Australia stores closed in rescue attempt
Administrators of Topshop’s Australian franchise have shut five of the fashion retailer’s nine standalone stores as they attempt to save the business.
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NewsLidl to double UK store openings to 60 a year
Lidl intends to open another 60 stores per year in the UK and has amassed a £1.5bn war chest to fund the programme.
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NewsEvans Cycles profits punctured despite sales rise
Evans Cycles posted a slump in its preliminary profits, which new boss Andy King attributed to ongoing adverse market conditions.
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NewsToday in retail: Musical chairs in retail boardrooms
It’s been a busy day for the nation’s retail boardrooms today with news from Kingfisher and WHSmith hitting the headlines.
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NewsWHSmith rejigs management to sharpen business focus
WHSmith has restructured its senior management team as it pushes forward with strategic priorities including building its international travel business.
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NewsJD Sports to open gym and store dual fascia
JD Sports is bolstering its fitness credentials by opening its first gym and store dual fascia in Salford this year.
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NewsConverse sets foot in UK with first store in London
American shoe brand Converse is opening its first standalone store in the UK at London Designer Outlet (LDO), Wembley Park.