Latest property news – Page 83
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NewsStore Gallery: Asda opens its first high street store in Wealdstone
Supermarket giant Asda has made its first foray on to the high street after opening a new 12,430 sq ft store in Wealdstone.
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NewsConsumer confidence at highest level since 1990s, says GfK research
Consumer confidence soared in June to its highest level since the late 1990s, according to the latest figures from research company GfK.
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NewsMidcounties Co-op reveals clutch of concessions in larger-format stores
The Co-op has unveiled a string of agreements for in-store concessions as the mutual seeks to make better use of space in its larger formats.
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NewsMarks & Spencer proposes nine store closures as it focuses on quality space
Marks & Spencer has detailed proposals to shut nine stores as part of its drive to optimise space across its estate.
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NewsHigh-end retailers sign up to Tottenham Court Walk scheme
A landlord aims to revitalise London’s Tottenham Court Road with a raft of upmarket openings this year ahead of Crossrail launching.
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NewsBusiness rates make UK 'less attractive' to foreign retailers, say Intu
Intu has piled pressure on the Government to reform the business rates system, claiming it makes the UK “less attractive” to foreign retailers.
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NewsIkea to test a range of small formats as it seeks to extend reach
Ikea will test three small store formats in the UK as it seeks to make itself more accessible to consumers.
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NewsBrightHouse to roll out up to 140 small-format 'satellite' stores
Rent-to-own specialist BrightHouse is targeting a roll out of 140 small-format stores after a trial of a ‘satellite’ shop in Scotland.
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NewsBreakfast Briefing: Retail News on Made.com, Tesco and rent increases
Retail news round-up on June 22, 2015: Made.com’s creative director is leaving the retailer, etailers face rent hikes over warehouse shortage, Tesco seeks bids of over £5bn for Homeplbus and more.
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NewsHMV to launch concessions in 80 Tesco Ireland stores
HMV has penned a major deal with Tesco that will see it open concessions in dozens of the grocer’s Irish stores by the end of the year.
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NewsRevamp of Nottingham's Intu Broadmarsh shopping centre gets green light
Intu’s proposed redevelopment of the Broadmarsh shopping centre in Nottingham has been given the go-ahead by council leaders.
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NewsPoundland mulls small store format as it spies convenience opportunity
Poundland boss Jim McCarthy has said the retailer is considering opening smaller stores, but is concentrating on its core offer.
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NewsBreakfast Briefing: Retail News on BHS, Fat Face and more
Retail news round-up on June 18, 2015: BHS’ flagship store up for review, Fat Face set to make US debut and Scottish retail sales
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NewsTesco and Sainsbury's quit click-and-collect Tube station scheme
Tesco and Sainsbury’s have withdrawn from a tie-up with TfL which offered a click-and-collect service for the grocers’ customers at Tube stations.
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NewsRetail administrations led to 735 shop closures and 5,000 job losses in 2014
More than 700 shops were shuttered and almost 5,000 jobs lost as a result of high street retailers falling into administration last year.
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NewsGap swings axe on North American stores and headquarters staff
Fashion giant Gap is to shut 175 stores in its core North American market and axe 250 head office jobs in a bid to improve performance.
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NewsWilko suffers profits slide as it loses out to value rivals
Variety store group Wilko has become the latest to feel the heat from the rise of rival value specialists and has posted a plunge in profits.
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NewsRetail footfall drops again but retail parks continue resurgence
Retail footfall dropped for the second month in a row in May but out-of-town shopping locations bucked the overall trend.
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NewsSaks Fifth Avenue may launch in Europe as Hudson’s Bay buys Galeria Kaufhof
Hudson’s Bay Company, owner of Saks Fifth Avenue, is to buy German department store business Galeria Kaufhof from Metro Group.
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NewsBusiness rates could cause 80,000 shops to close by 2017, BRC says
More than 80,000 shops across the UK could close within two years without an overhaul of business rates, according to the British Retail Consortium.