Latest property news – Page 57
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NewsProfits slide 16% at Topshop owner Arcadia
Profits at retail tycoon Sir Philip Green’s Arcadia business have fallen as the Topshop to Dorothy Perkins group confronted harsh trading conditions.
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NewsNext secures ex-Sainsbury’s store for Midlands flagship
Next has swooped on a former Sainsbury’s supermarket in the West Midlands as it prepares to launch one of its biggest UK stores.
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NewsStore Twenty One given more time as it sells head office
Store Twenty One has won a stay of execution after a court allowed it two more weeks to raise the money needed to avoid administration.
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NewsJack Wills opens in Germany, plots more global stores
Jack Wills is opening a store in Germany and has plans to open 11 more international stores over the coming months.
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NewsBHS administrator could rack up more fees
BHS administrator Duff & Phelps stands to make further fees for work following the retailer’s collapse, which would bring its total remuneration to almost £4m.
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NewsBlue Diamond profits bloom as store estate grows
Blue Diamond posted a leap in its full-year profits and like-for-like sales as it continues to expand its bricks-and-mortar footprint.
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NewsToday in retail: Retail unites in credit union first
Retailers ranging from John Lewis to Schuh showed a united front in their backing of RetailCURe, a retail credit union scheme which launched today.
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NewsToday in retail: Moss Bros and menswear’s resilience
Moss Bros has once again defied the flagging fashion fortunes testing many others in the sector despite “the continuing tough trading environment.”
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NewsBrent Cross revamp nears as planning application lodged
The revamp of London’s Brent Cross Shopping Centre has moved a step closer after the mall’s landlords submitted a planning application.
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NewsWaitrose property director Nigel Keen steps down
Waitrose property director Nigel Keen is leaving the grocer after almost two decades with the John Lewis Partnership.
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NewsCo-op ties up with MRH to pilot first franchised stores
The Co-op has joined forces with service station operator MRH to launch its first ever clutch franchised stores.
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NewsFootfall in April boosted by Easter timing and tourism
Footfall increased 1.6% year-on-year last month, due to Easter falling later this year and the weakened pound driving overseas tourism.
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NewsMatches Fashion to open unconventional retail concept
Matches Fashion will launch a new retail concept this year, opening an unorthodox retail and events space in a Mayfair townhouse.
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NewsToday in retail: Election brings new profit threat
As the general election gets under way retailers face the possibility of yet more pressure on profits.
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NewsRetail warehousing vacancy rate hits 16-year low
The vacancy rate for retail warehousing has fallen to its lowest level for almost two decades, new research has revealed.
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NewsOpinion: Norman and Rowe could be the M&S dream team
Marks & Spencer’s appointment of Archie Norman as chairman, starting in September, was great news.
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NewsJohn Lewis rows back on plans to open in Brighton
John Lewis has abandoned its plan to open in Brighton, blaming its decision on the amount of building work a new shop would require.
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NewsLK Bennett founder returns to retailer she launched
LK - Linda – Bennett, founder of the fashion retailer she gave her name to, is returning to the business.
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NewsPep&Co to replace stores with Poundland concessions
Pep&Co is considering closing up to a sixth of its standalone store estate in favour of shop-in-shop formats at nearby Poundland outlets.
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NewsCoast, Oasis and Warehouse suitors could shut stores
Coast, Oasis and Warehouse stores could close following a sale as turnaround firms Endless and Alteri eye the struggling fashion retailers.