Latest property news – Page 6
-
NewsCarpetright: full list of stores rescued from administration by Tapi
Tapi has swooped in to buy rival Carpetright in a multimillion-pound deal but has selected just 54 stores to take over from the retailer.
-
NewsLandlord Hammerson sells Bicester Village to LVMH-backed private equity firm
Landlord Hammerson has sold its entire stake in Value Retail, the owner of Bicester Village luxury retail park in Oxfordshire, in a £1.5bn deal, which it said would generate around £600m in cash proceeds.
-
NewsAirport retailers could see a boost in sales if global IT outage continues
Retailers operating in airports could end up receiving a boost in sales and footfall if the IT outage causing havoc around the world continues.
-
NewsThe King’s Speech has set out action on retail crime, HFSS and workplace rights
The new government has unveiled 40 bills in today’s King’s Speech, including setting out planning to introduce legislation on retail crime, HFSS and banning “exploitative” working practices.
-
NewsMarks & Spencer kicks off c-store renewal programme with Liverpool Street overhaul
Marks & Spencer is to refresh a swath of convenience stores and open more in pursuit of growth in that market.
-
NewsPlanning reform is ‘essential’ for improving retail footfall, says BRC
Planning and business rates reform is “essential” for retail footfall recovery in the medium and long term, and would help town and city centres “thrive”, according to the British Retail Consortium.
-
NewsConservatives reintroduce Criminal Justice Bill reform in manifesto launch
The Conservatives have committed to reintroducing certain legislation that was interrupted by the dissolution of Parliament, including proposed changes to the Criminal Justice Bill.
-
NewsMajor retail landlord calls for rates review by next government
British Land head of asset management for retail parks, Matt Reed, has told Retail Week more needs to be done to deal with business rates.
-
NewsJohn Lewis appeals over controversial store redevelopment
The John Lewis Partnership is to launch a planning appeal in pursuit of a decision on proposals to redevelop a Waitrose store and build new homes.
-
NewsB&M to open new store at Midlands shopping centre
B&M will open a new store at Derbion shopping centre in Derby, East Midlands, as the value variety retailer accelerates its store expansion rollout, Retail Week can reveal.
-
NewsMiniso opens first blue store at Bluewater
Global lifestyle retailer Miniso has opened its first blue retail store at Bluewater shopping centre in Kent, showcasing a wide range of blind boxes, plushies, homewares and accessories.
-
NewsWHSmith ‘well positioned’ for summer as travel business booms
WHSmith has maintained its guidance and said it is “well positioned” ahead of the peak summer trading period as it continues to take steps towards being a “one-stop shop” for travel essentials.
-
NewsBRC calls on political parties to ‘revitalise’ UK footfall
As the race for number 10 ramps up, the British Retail Consortium (BRC) is calling on politicians of all stripes to address the policies restricting retailers from investing in the high street in a bid to “revitalise footfall”.
-
NewsSleep brand Emma to open first UK store in London
Direct-to-consumer sleep brand Emma has chosen Westfield London in White City as the site for its first-ever bricks-and-mortar store in the UK.
-
NewsWarmer weather and bank holidays boost May retail footfall
Retail footfall in May received a boost as warm weather and two bank holidays helped drive customers to shops.
-
NewsBritish Land sells stake in Meadowhall shopping centre for £360m
British Land has announced the sale of its 50% stake in Meadowhall, as it continues to focus on retail parks and reduce its exposure to more traditional shopping centres.
-
NewsFrench conglomerate sues Morrisons over £2.5bn petrol forecourts deal
French giant Bouygues is taking legal action against Morrisons over its £2.5bn petrol forecourts deal over the rights to operate electric vehicle chargers.
-
NewsWHSmith launches first own-brand food range in UK travel stores
WHSmith has launched its first ever own-brand food-to-go range, available in more than 300 of its UK travel stores.
-
NewsAsda to create new ‘town centre’ and build homes in London
Supermarket giant Asda has become the latest retailer to branch into residential property, unveiling plans to build 1,500 homes and create a new town centre in London.
-
NewsIkea Oxford Street opening pushed back for second time
Ikea has pushed back the opening of its highly anticipated Oxford Street store for a second time.