Latest property news – Page 95
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NewsBreakfast briefing: Retail news on Phones 4U, Kitbag, ScS Upholstery and BRC footfall
Retail news round-up on November 17, 2014: Mike Ashley eyes takeover of Kitbag; Phones 4U collapsed with £168m debt; ScS Upholstery considers stock market return; Christmas expected to drive footfall recovery
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NewsShop vacancy rates rise for first time in almost two years as footfall dips
Shop vacancy rates increased for the first time since the first quarter of 2013 this October as footfall dropped 0.8% during the month.
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NewsIn pictures: Waitrose unveils "latest thinking" in supermarket design at Salisbury refurb
If Mark Price wanted to make a statement about the future of Waitrose, the refurbished store he has just unveiled in Salisbury is it.
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NewsMountain Warehouse reports 65% surge in first-half profits
Outdoor goods specialist Mountain Warehouse has revealed record first-half results and is expanding in the UK and overseas.
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NewsBreakfast briefing: Retail news on B&M, Homebase, Walmart and Amazon
Retail news round-up on November 14, 2014: B&M eyes Homebase stores, Walmart price-matches Amazon in-store
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NewsJD Sports asks landlords for rent reductions on Bank stores
JD Sports is asking landlords for rent reductions on a quarter of its Bank stores and has not ruled out an insolvency process.
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NewsEntertainment group Game outperforms market as sales rise 17%
Game’s sales in its first quarter surged by 17% year on year as it grew faster than the games market generally.
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NewsSofa.com picks Bath for second showroom as it expands outside London
Sofa.com has picked Bath for its first showroom outside of London and its second showroom in the UK.
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NewsWHSmith reports flat sales as travel division like-for-likes edge up
WHSmith has recorded an increase in sales at its travel division as it posts flat total group sales for the start of its financial year.
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NewsBurberry underlying profits and sales up amid challenging global conditions
Burberry has reported a 14% increase in underlying sales and a 6% rise in profits for the six months to the end of September.
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NewsBargain Booze to launch in Scotland as group like-for-likes slip
Bargain Booze owner Conviviality Retail has unveiled plans to expand into Scotland.
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NewsVideo: Sainsbury’s boss says death of superstore ‘grossly exaggerated’
Sainsbury’s boss Mike Coupe says the “death of the superstore is grossly exaggerated” despite stating a quarter of its stores have too much space.
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NewsCard Factory reports sales up almost 9% and appoints property director
Card Factory has reported a sales rise of 8.7% over a nine-month period and has named Tim Lloyd property director.
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NewsSainsbury's reports interim profits down 6% as it unveils fightback plan
Sainsbury’s has reported falling first half profits and unveiled plans to invest in price and quality to fight back in the new era of grocery retailing.
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NewsSelfridges Group hires Chanel’s Chris May as group business development director
Selfridges group has hired Chanel director Chris May to the newly created role of group business development director.
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NewsThe Range pre-tax profits jump 30% as it rolls out new stores
The Range increased annual pre-tax profits by 30% year on year on the back of opening new stores while maintaining fixed cost levels.
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NewsLondon’s West End tops report ranking European cities by retail spend
London’s West End has topped a recent report ranking European towns and cities by retail spend, with a spend of £8.5bn in 2013.
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NewsBreakfast briefing: Retail news on Apple, Sainsbury's and online retail
Retail news round-up on November 11, 2014: Apple to open UK R&D centre, Sainsbury’s appeal against Tesco dismissed, UK online retailers gear up for Christmas
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NewsIn pictures: Building works in progress at Birmingham’s Grand Central scheme
Retail Week was granted exclusive access to the site, which is located above Birmingham New Street station and is due to open next year.
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NewsAldi pledges to create 35,000 new jobs in the UK
Aldi has revealed plans to create 35,000 jobs in the UK as the discount grocer looks to open 550 new stores over the next eight years.