Latest property news – Page 68
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NewsDebenhams' London flagship lease sold by British Land to private investor
British Land has sold Debenham’s Oxford Street store lease as part of a ‘strategic focus’, to a private investor following Brexit.
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NewsThe Co-op acquires six stores from collapsed My Local chain
The Co-op has acquired six stores from My Local following the struggling c-store chain’s collapse into administration last month.
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NewsBusiness confidence nosedives in the aftermath of Brexit vote
Confidence among UK businesses has plummeted since Brexit with firms’ expectations for sales, exports and investments going “off a cliff”.
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NewsSainsbury's cuts ties with Netto – all stores to close by August
Sainsbury’s is ending its joint venture with Netto following a “comprehensive review” of the business and will close all 16 stores next month.
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NewsStaples reviewing UK business following blocked Office Depot merger
Staples is reviewing the future of its UK business following the US stationery chain’s blocked merger attempt with Office Depot.
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NewsMorrisons launches click and collect concession partnership with Doddle
Morrisons has launched a partnership with fulfilment service Doddle as the grocer continues to add “useful services” to its larger stores.
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NewsMade.com unveils flagship showroom in Paris amid Brexit anxiety
Made.com boss Ning Li has admitted he is “disappointed” by the outcome of the EU referendum as he launched the business’s new showroom in Paris.
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NewsBHS administrators strike deal to sell 70 stores and online operations
BHS’s administrators have struck a deal to sell the collapsed retailer’s international business and its website, according to reports.
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NewsMy Local founder Mike Greene 'truly sorry' for c-store chain's collapse
The convenience store founder and boss Mike Greene said he is “truly sorry” for the retailer’s collapse after it plunged into administration yesterday.
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NewsBreakfast briefing: Retail news on Aldi, Sports Direct and N Brown
Retail round-up on June 30, 2016: ASA bans Aldi sales adverts, Sports Direct misses Irish opportunity and N Brown partners with L Marks.
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NewsMy Local formally enters administration putting 1,658 jobs at risk
My Local, the convenience chain born out of Morrisons’ failed c-store business, has formally entered administration putting 1,658 jobs at risk.
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NewsBHS: Fraudster denies claims he said Green would not sell to rivals
Claims that Sir Philip Green would not sell BHS to a rival because he wanted to preserve his reputation have been denied.
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NewsDebenhams Ireland to reject rental costs as survival deadline approaches
Debenhams has applied to reject the rental leases on at least three of its stores in Ireland as part of its ongoing survival scheme.
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NewsGoldman Sachs boss set to appear at BHS parliamentary inquiry
Sir Philip Green’s long-time adviser and Goldman Sachs vice-chairman, Michael Sherwood, will appear at the BHS parliamentary inquiry this week.
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NewsDebenhams aims to generate 10% of sales from food and unveils new partners
Department store group Debenhams is introducing a raft of new in-store partners as the retailer overhauls its space and offer.
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NewsMorrisons vows to re-employ My Local staff if convenience chain collapses
Morrisons has vowed to re-employ all of the chain’s former workers who could be left jobless if My Local plunges into administration.
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NewsH&M first-half profits fall as currency conversions continue to bite
H&M profits continued to fall in its first-half despite increased sales as unseasonable weather and volatility of the US dollar hurt results.
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NewsDebenhams like-for-likes slip after weak clothing performance
Debenhams has reported a 0.2% fall in its third-quarter like-for-likes after weak fashion sales, but online and non-clothing purchases rose.
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NewsMy Local on the brink of collapse, 1,658 jobs at risk
My Local, the convenience chain born from the ashes of Morrisons’ c-store estate, has filed an intention to appoint administrators, putting 1,658 jobs at risk.
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NewsFashion retailer Forever 21 plans to cut size of remaining UK stores
Forever 21 is planning to reduce the size of its UK stores as it struggles to gain market share from high-street fashion rivals.