Latest property news – Page 7
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NewsRevealed: The new Toys R Us locations opening in WHSmith this summer
Retail Week can exclusively unveil the first 17 locations for a new wave of Toys R Us shop-in-shops in WHSmith branches.
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NewsMarks & Spencer to make ‘biggest single store investment’ in Fosse Park
Marks & Spencer is to undertake its “biggest single renewal investment to date” with an overhaul of its store in Fosse Park, Leicester.
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NewsLondon Marathon helps boost April retail footfall
Retail footfall in April saw a monthly rise of 1.2% across all destinations as shoppers made their way to high streets, battling bad weather conditions and rail strike disruptions.
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NewsLidl targets big cities for next wave of store openings
Value grocer Lidl is seeking more locations in leading cities as it pursues an ambition to open “hundreds of new stores”.
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NewsCo-op poaches new property boss from Lidl
The Co-op has named former Lidl executive Rachel Hargreaves as its new director of property, development and estates as part of its latest strategic growth push.
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NewsWHSmith sales rise driven by growth in travel division
WHSmith has reported a growth in sales driven by strong performance by its travel division in the half-year ending February 29, 2024.
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NewsIkea owner could bring US food hall concept to UK in ‘not too distant future’
Ikea sister company Ingka Centres is considering a new food hall pilot it debuted in San Francisco in its plans for a Brighton shopping centre, Retail Week can reveal.
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NewsEid festival to return to Westfield following ‘record’ footfall last year
Unibail-Rodamco-Westfield (URW) has announced the return of the Eid festival following the huge success at Westfield London last year.
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NewsRetail footfall sees ‘modest’ rise boosted by Easter weekend
Retail footfall in March increased across all destinations as the Easter weekend helped boost footfall.
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NewsBoots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.
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NewsWilko to open more new stores before Easter
Wilko will open two new stores on Good Friday (March 29) as the retailer continues the rollout of its new concept.
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NewsWHSmith appoints new chief financial officer
WHSmith has appointed Max Izzard as its new chief financial officer, who will take over from Robert Moorhead.
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NewsM&S claims victory in court battle over Marble Arch store
Marks & Spencer has claimed victory over its Marble Arch store plans after the High Court ruled Michael Gove’s decision to block the redevelopment was “unlawful”.
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NewsHammerson reports growth in footfall as rental income increases
Hammerson, which owns and operates shopping centres including Brent Cross in London, posted a rise in rental income as occupancy and footfall increased in the full year ending December 2023.
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NewsFebruary footfall ‘saved’ by half-term holiday shoppers
Retail footfall across all locations increased in February as the school half-term drove shoppers to stores.
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NewsExclusive: Reserved confirms new London store as it ramps up UK expansion
Polish fashion retailer Reserved, which is owned by clothing conglomerate LPP, is set to open its fifth store in the UK later this year.
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NewsTreasury to review VAT-free shopping ‘tourist tax’ ahead of Budget
The Treasury is reviewing the so-called ‘tourist tax’ on VAT-free shopping ahead of the spring Budget and could ditch the policy in a boost for retail.
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NewsRetail footfall rallies as shoppers stay ‘bargain-focused’
Retail footfall continued on its downward trajectory in January compared to the previous year, but it improved from December as consumers remained “particularly bargain-focused”.
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NewsRetail footfall resilient despite storms and strikes
Footfall across all UK retail destinations was resilient in January despite disruptions caused by rail strikes, according to the latest MRI Software data.
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NewsMorrisons takes stake in MFG as it offloads petrol stations
Morrisons and Motor Fuel Group (MFG) have entered an agreement whereby the former will take a £2.5bn minor stake and the latter will acquire 337 of the grocer’s petrol stations.