Latest property news – Page 99
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NewsWhittard of Chelsea poised to launch new store concept as EBITDA grows
Whittard of Chelsea has revealed plans to launch a new store concept as the tea and coffee specialist reported record EBITDA growth in its full year results.
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NewsThe Toy Store to open giant Oxford Street store as it enters UK
Middle-eastern based toy retailer The Toy Store has signed for a huge 27,000 sq ft site on Oxford Street, as it prepares to take on Hamleys.
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NewsStore gallery: Victoria Beckham opens first store on Dover Street
Victoria Beckham has opened her first store, on London’s Dover Street, composed of three floors and covering 6,000 sq ft.
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NewsCos opens 100th store as owner H&M's profits surge
Premium retailer Cos, which is owned by Swedish fashion giant H&M, has opened its 100th store in the new Leipziger Platz Mall in Berlin.
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NewsValue retailer Hema launches ecomm site but admits it won't turn profit
Dutch value retailer Hema has launched its transactional UK website but its boss has said he does not expect it to generate a profit.
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NewsCalzedonia signs Brighton deal for first store outside of London
Calzedonia, the Italian swimwear and hosiery brand, has signed for a store in Brighton, its first outside of London.
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NewsZara profits fall by a third as it invests in stores and supply chain
Zara’s profits fell by a third last year in its UK business as it invested in store refits and its supply chain.
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NewsTesco turmoil may hit Christmas trading, City analysts fear
Tesco’s difficulties following Monday’s revelation of a £250m profit forecast overstatement may hit Christmas trading, City analysts fear.
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NewsDreams forecasts return to profit as it eyes brand extensions
Dreams is confident it can turn a profit this financial year after reporting a loss in its most recent trading period.
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NewsHouse of Fraser first-half EBITDA grows as online and own brand power sales
House of Fraser adjusted EBITDA rose from £7.5m to £8.6m in its first half as online and own-brand growth drove a 4.2% uplift in like-for-likes.
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NewsTopps Tiles expects annual pre-tax profit to surge 30%
Topps Tiles expects pre-tax profit to have surged 30% in the current financial year owing to its “relentless” focus on growing market share.
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NewsDixons Carphone hits out at PwC claims of limited interest in Phones 4u stores
Dixons Carphone said it is “surprised and disappointed” that Phones 4u’s administrator PwC said there was “limited interest” in the collapsed phone retailer’s stores.
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NewsMothercare to reveal new store designs this autumn as it bids for recovery
Mothercare will trial two new store designs this autumn as boss Mark Newton-Jones seeks to revive the retailer on the back of a £100m rights issue.
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NewsMothercare to raise £100m from rights issue to invest in digital transformation
Mothercare is seeking to raise about £100m by launching a rights issue as part of an ambition to make the company a “digitally led” business.
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NewsPhones 4u administrator closes 362 stores with loss of 1,697 jobs
Phones 4u’s administrator PwC is closing 362 of the retailer’s stores permanently with the loss of 1,697 store staff.
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NewsHalfords to roll out bike-only format to tap into London cycling boom
Halfords is to roll out cycling-only format Cycle Republic to take advantage of the boom in bike ownership in London.
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NewsEE acquires 58 Phones 4u stores, saving 359 jobs
Mobile phone operator EE has acquired 58 Phones 4u shops out of administration, saving 359 jobs.
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NewsCard Factory to launch stores in Republic of Ireland next year
Card Factory will open a “small number” of stores in the Republic of Ireland next year as it continues its rapid store roll out following its IPO.
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NewsPhones 4u eleventh hour rescue deal ruled out by administrator
Phones 4u administrator PwC has ruled out a last minute rescue plan that would have involved the retailer’s bondholders taking part in a debt-for-equity swap.
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NewsBeales sales fall following store closures
Beales sales slipped in the 19 weeks to September 13 as it closed loss-making stores in the period but it said trading had improved on the first half.