All Retail Week UAT articles in November 23 2012 – Page 5
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NewsComet: List of first stores to close
Comet administrator Deloitte has earmarked 41 shops are to close by the end of this month. Here is a list of the first 27, which all began closing down Sales on Saturday.
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NewsFlying Brands leases its last asset
Flying Brands has agreed a lease on its Retreat Farm property in Jersey, which is its last significant asset.
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NewsOcado to raise £36m and extend debt facilities
Ocado is to raise £35.8m in a placing to fund expansion and extend its debt facilities after speculation mounted it was likely to breach its banking covenants.
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NewsJohn Lewis sales jump 7.6%
Sales at department store chain John Lewis jumped 7.6% in the week to November 17.
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NewsMajestic profit up 3.9% in first half despite wet weather
Wine retailer Majestic delivered a 3.9% jump in pretax profit to £9.2m for the 26 weeks to October 1 despite the tough economic conditions and wet summer weather.
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NewsShop vacancy level highest for more than a year
Total retail footfall in the three months to the end of October fell 0.4% against last year as the town centre vacancy level in October hit 11.3%, the highest figure in more than a year.
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OpinionComment: Are you Experience? Retail property doesn't get digital...yet
New build under threat, but is property waking up to the digital reality?
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News41 Comet stores to close by end of the month
The administrators of collapsed electricals retailer Comet have confirmed that 41 Comet stores will close by the end of the month, putting up to 1,000 jobs under threat.
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NewsFirst Comet stores set to close next week
The first Comet stores are poised to close next week as closing down sales begin tomorrow.
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