Latest property news – Page 79
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NewsMarks & Spencer to justify higher hospital prices at meeting with Labour MP
Marks & Spencer will meet with health select committee member Paula Sherriff to explain the high prices it charges at its hospital stores.
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NewsSamsonite profits jump as retail sales growth outpaces wholesale division
Luggage manufacturer Samsonite has reported a 16.6% surge in half-year sales to $1.19bn (£762m), driven by growth in its retail business.
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NewsWest Elm to open shop-in-shop at John Lewis flagship to accelerate expansion
West Elm will open a shop-in-shop in John Lewis’s newly refurbished home department at its flagship Oxford Street store.
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NewsTesco receives three bids in region of £3.74bn for its Korean business
Tesco has received three separate bids worth around 7 trillion won (£3.74bn) for its South Korean business – and could pick a preferred bidder this week.
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NewsTesco could delay sale of Korean business as local currency slides
Tesco could earn less than expected from the sale of its Korean business – and could delay the sell-off – after a slide in the local currency.
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NewsNew BHS owner Retail Acquisitions seeks £70m to fund turnaround
Retail Acquisitions, the new owner of BHS, aims to raise about £70m from the City to fund the retailer’s turnaround plans.
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NewsGadgets retailer Menkind plans expansion after buying competitor Red5
Gadgets and gifts specialist Menkind has bought counterpart Red5 and plans expansion in the UK and overseas.
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NewsJohn Lewis’ Mayfield renews call for fundamental business rates reform
Reform of business rates would help boost UK productivity, top retailers have told the Government.
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NewsData: The top 30 retailers by store openings in 2015
A ranking of retailers by store openings reveals that the symbol groups dominate, while the popularity of c-stores shows no sign of abating.
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NewsFat Face boss on how board reshuffle paved way for online and US growth
Fat Face boss Anthony Thompson has revealed how a board restructure has set the business up for US expansion and online growth.
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NewsFat Face EBITDA falls as retailer plots expansion into the US
Fat Face said its full-year EBITDA dropped 7.1% to £36.5m because of increased investment and “unseasonably warm weather” in its second quarter.
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NewsWHSmith reveals travel business is booming as passenger numbers increase
WHSmith has revealed its travel business has delivered a strong performance in its second half after a growth in passenger numbers.
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NewsAustin Reed puts its Regent Street flagship store up for sale
Austin Reed has put its flagship store on Regent Street up for sale and is considering moving to a smaller site in London’s West End.
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NewsConvenience veteran behind bid for Morrisons' M Local c-stores
Convenience retail veteran Mike Greene is spearheading the proposed acquisition of Morrisons’ M Local stores, Retail Week understands.
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NewsMade.com has designs on the Northwest market with Liverpool showroom
Made.com, the online furniture retailer, is poised to ramp up its physical presence with the opening of a showroom in Liverpool.
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NewsPaperchase eyes North American success as it opens Canada concessions
Paperchase is launching concessions in Canada as it seeks to emulate the heyday in North America it experienced under former owner Borders.
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NewsWaterstones expects Tottenham Court Road store will be 'hugely profitable'
Waterstones expects its Tottenham Court Road store to be “hugely profitable” as it embarks on further bricks-and-mortar expansion.
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NewsThe convenience market may be growing but Morrisons is right to sell stores
Morrisons’ likely disposal of its M Local convenience chain looks odd at face value but makes sense in the context of the grocer’s wider business.
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NewsJD Sports heads up new batch of retailers signing up to Friars Walk
Sportswear retailer JD is heading up the latest batch of retailers to sign up to Friars Walk shopping centre in Newport.
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NewsLower inflation rate likely to ease business rates increase for retailers
Lower inflation is likely to provide retailers with some relief when the next business rates rise is calculated.