All Property articles – Page 19
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NewsSports Direct bids to keep stores open during coronavirus crisis
Sports Direct is planning to keep all of its stores open during the coronavirus crisis despite the UK-wide lockdown implemented by the government.
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NewsCoronavirus: Non-essential shops shut as PM orders lockdown
All shops selling non-essential goods have been told to shut as part of strict new measures enforced by the prime minister to combat coronavirus.
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NewsCoronavirus: Arcadia shutters all stores across its stable of brands
Arcadia closed all stores across its stable of brands today in a bid to focus on its digital and social platforms.
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NewsRetail footfall plummets amid coronavirus crisis
Retail footfall has plummeted so far this week as shoppers increasingly stay at home amid the coronavirus crisis.
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NewsCoronavirus: TK Maxx to shutter UK store estate amid outbreak
TK Maxx will shutter its UK store estate as of tomorrow until further notice amid the coronavirus pandemic, Retail Week understands.
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NewsCoronavirus: Retailers call for rates relief as store closure fears grow
Retailers are banding together to call on the government for exemption from business rates if shops are forced to close because of the coronavirus outbreak, and have renewed demands for far-reaching reform.
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NewsCoronavirus: Kingfisher cautions on sales uncertainty as France locks down
DIY giant Kingfisher has warned of ”significant uncertainty on sales and demand” after closing its 221 stores in France.
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NewsCoronavirus: Primark warns of sales hit as overseas stores shut
Value fashion giant Primark expects to take a hit on earnings after having to close overseas stores amid the coronavirus crisis and seeing a fall in like-for-likes in the UK.
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NewsCoronavirus: Grocers issue stockpiling plea and stores close worldwide
The UK’s big grocers appealed for calm over the weekend as shoppers continued to empty shelves in coronavirus stockpiling, while around the world-leading retailers closed stores en masse as the crisis bit.
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NewsAmazon starts selling checkout-less tech to retail rivals
Amazon has started selling the technology behind its checkout-less Amazon Go stores to other retailers.
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OpinionOpinion: John Lewis results show stores urgently need new purpose
There was a striking line in the John Lewis Partnership’s results that threw into relief a question that taxes many retailers, not just the group’s new chair Dame Sharon White – what role does the store play as online continues to transform the industry?
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NewsDebenhams rejects claims that lender commitment is in doubt
Debenhams has slammed down suggestions that the commitment of its lenders to a debt for equity swap is in question and that debt restructuring was reliant upon more deep rent reductions.
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OpinionOpinion: Hammerson’s issues are symptomatic of a broken property market
Hammerson’s latest set of financial results are symptomatic of the wider issues plaguing the UK retail property market and the institutional landlord is unlikely to be the only one feeling the effects.
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NewsHammerson eyes further disposals this year with ‘nothing off the table’
Hammerson is considering further disposals this year and selling stakes in assets across its flagship centre and premium outlet portfolios, according to a senior executive.
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NewsTed Baker in talks to sell off London headquarters
Ted Baker is set to sell off its Ugly Brown Building headquarters in north London in a bid to raise funds following its accountancy crisis.
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NewsHammerson profits fall against challenging retail backdrop
Shopping centre owner Hammerson has posted falling profits and rental income during its full-year results.
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NewsHalf of shoppers to avoid goods shipped from China as coronavirus fears rise
Nearly half (48%) of shoppers have said they would avoid goods from sellers shipped directly from China if coronavirus continues to spread.
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NewsHammerson sells remaining retail parks at a discount
Institutional landlord Hammerson has confirmed the sale of its remaining portfolio of retail parks at a “wider than expected” discount, as it looks to shore up its balance sheet.
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NewsLidl pledges £1bn investment to reach 1,000-store target
Lidl has pledged to invest more than £1bn in new stores over the next two years as it ramps up expansion plans to reach its target of 1,000 stores in the UK by 2023.
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NewsClosure looms for Beales stores as no buyer emerges
The remainder of Beales department stores are likely to shut after the retailer’s administrator said it had received no “deliverable offers” for the business.