Latest property news – Page 69
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NewsZara outshines fashion rivals as UK sales and profits rise
Zara reports an increase in full-year sales and profits at its UK business despite the subdued performance of its rivals in the last year.
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NewsConvenience store numbers reach 'saturation' after surging 21% in five years
The growth of convenience stores may have reached “saturation” point in the UK after the number of smaller shops surged 21% in just five years.
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NewsTesco offloads Dobbies Garden Centres to investor group for £217m
Tesco has sold Dobbies Garden Centres to an investor group for £217m as boss Dave Lewis continues to offload the grocer’s non-core businesses.
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NewsMy Local hires KPMG to explore strategic options following tough trading
My Local, the convenience chain born from the ashes of Morrisons’ c-store estate, is in talks with advisers over strategic options following lacklustre trading.
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NewsMike Ashley considers bid for Debenhams' Ireland operations
Sports Direct founder Mike Ashley is reportedly looking at a bid for Debenhams’ Ireland business via Irish department store chain Heatons.
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NewsIndustry chiefs lock horns with ministers in first retail roundtable
Business minister Anna Soubry has branded a meeting with industry chiefs an “important milestone” as the government ups its dialogue with retailers.
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NewsOpinion: Today’s successful retail landlords need to be placemakers
Successful shopping centre operators need to be as passionate about their business as retailers are about theirs.
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NewsAmerican Golf returns to the black following business review
Specialist golf retailer American Golf has got back on track following a restructure and refinancing of the business.
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NewsStore Gallery: Andy Bond's Guess How Much! opens first store
Guess How Much! (GHM!), the new discount variety retailer launched by former Asda boss Andy Bond, has opened its first store.
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NewsShoe Zone's profits and sales hit as it closes 23 stores
Shoe Zone has revealed a fall in profits and sales as it closed a number of loss-making stores and invested in its Leicester distribution centre.
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NewsNew Look eyes BHS customers following department store's collapse
New Look boss Anders Kristiansen has said the value fashion retailer hopes to win customers from failed department store chain BHS.
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NewsPrimark and Next circle BHS stores set to close as 'rescue plan' collapses
A number of retailers are said to be eyeing BHS stores less than 24 hours after the ‘rescue plan’ for the department store chain collapsed.
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NewsBHS to be wound down as rescue effort falls apart
The administrators for BHS have revealed the chain will be wound down, with 11,000 jobs at risk and all stores to be closed down.
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NewsBHS talks enter final stages with last remaining rescue bidder
BHS administrators are racing to finalise a rescue bid for the embattled chain today with the Greg Tufnell-backed consortium, Richess Group.
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NewsHalfords boss upbeat on cycling growth despite sales dip
Halfords’ boss has said she remains confident about long-term growth in cycling sales as participation in the UK is still “quite low”.
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NewsAustin Reed: the full list of stores to close this month
Austin Reed administrators said yesterday that all stores will close, following the sale of the Austin Reed and Country Casuals brands to Edinburgh Woollen Mill.
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NewsSports Direct owner Mike Ashley’s bid to acquire Austin Reed collapses
Sports Direct tycoon Mike Ashley’s bid to acquire beleaguered fashion chain Austin Reed has collapsed, Retail Week has learned.
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NewsBHS: Greg Tufnell-backed consortium closes in on rescue deal
The rescue deal for BHS, spearheaded by former Burton and Mothercare executive Greg Tufnell, is understood to be nearing completion.
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NewsB&M chief defends slowdown in like-for-like sales growth
B&M’s boss has dismissed concerns over a slowdown in like-for-like sales growth, but admitted it has seen some cannibalisation.
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NewsLondon retailers to reap 'huge benefits' of Night Tube service
The introduction of the Night Tube underground service will have “huge benefits” for retailers in London, according to New West End Company.