All Property articles – Page 196
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News
Costco wins approval to construct first unit in Queensland
The retailer plans a 150,000 sq ft store, including a petrol station, at North Lakes, north of Brisbane. Costco Australia managing director Patrick Noone said: “We are looking at two or three more sites already as a follow-on.”The new store could open in early 2014. At present Costco operates three ...
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OpinionBlog: Verdict on Mary Queen of the High Street, episode one
I think I expected too much from Mary Queen of the High Street, which aired for the first time last night (Tuesday).
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NewsLush delivers record pre-tax profit of £26m
Lush’s group pre-tax profits jumped 22.5% to £26.1m in the year to June 30, 2012, and it has begun an in-store spa development drive in the UK.
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News
Edeka to invest in store modernisation
Co-operative retail group Edeka aims to invest E1.6bn (£1.35bn) in the modernisation and extension of its store network and retail infrastructure, said chief executive Markus Mosa. The investment is a 10% increase on 2012.In 2012 Edeka posted sales of E44.8bn (£37.73bn), up 3.8% on the previous year. Its net income ...
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InterviewQ&A: Government should give town teams more guidance and incentives, says Mary Portas
Tonight the first episode of the long-awaited Mary: Queen of the High Street series airs on Channel Four following the developments of the Portas Pilot towns. Retail Week speaks to Mary Portas about the show and the impact of her recommendations to Government.
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NewsBank holiday shoppers spend £220m in London's West End
Shopper spend across London’s West End jumped 10% to £220m across the May Day bank holiday driven by UK visitors taking day trips to the capital.
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NewsMary Portas and TV company lobbied Government over Portas Pilots
Evidence has emerged to suggest the Government picked some of the Portas Pilots towns based on recommendations by Mary Portas and the company behind the TV show.
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AnalysisPortas Pilots: What initiatives have been created?
The Portas Pilot towns spawned by Mary Portas’ report to Government have been criticised for not spending funds allocated to them. Retail Week looks at some of the initiatives that have been enacted.
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InterviewQ&A: Winser London to bring forward overseas expansion, says founder Kim Winser
Former Aquascutum chief executive Kim Winser launched her upmarket fashion retail business Winser London in January. Retail Week discusses the retailer’s development and future plans.
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NewsFormer special advisor to London Mayor appointed chair of New West End Company
New West End Company has revealed that former special advisor to the Mayor of London Sir Peter Rogers will succeed Dame Judith Mayhew-Jones as its chair.
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NewsVision Express acquires 12 stores from optician Crown Eyeglass
Vision Express has bought 12 stores from optician Crown Eyeglass but just four will stay open bringing its store estate to 331.
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NewsJ Crew on hunt for menswear-only store in London
J Crew, the US preppy fashion brand, is scouting out premises for a standalone menswear store in London as part of plans to open five different formats in the capital.
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News
Carrefour aims to roll out Courses Éco discount corners
Carrefour aims to have 30 of its in French hypermarkets by year-end, reports LSA.Courses Éco will only be rolled out in relevant stores in less affluent areas.
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NewsSports Direct threatens Republic store closures unless landlords agree new terms
Sports Direct is threatening to close Republic stores by the end of June unless 75% of landlords agree to new terms.
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OpinionComment: There are international opportunities out there for retail
If you happen to be a libertarian socialist, ex-miner or of a misogynistic nature, I would advise that you stop reading this column now.
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NewsWhiteley 91% let by rent one month ahead of opening
Whiteley is 91% let by rent four weeks before the 320,000 sq ft shopping centre opens its doors to the public.
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NewsVideo: Furniture giant Ikea opens pop-up shops in London train stations
Ikea has opened pop-up shops in London train stations Liverpool Street and Waterloo as part of its ‘make more of your garden’ campaign.
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NewsWilliams-Sonoma to land in UK with store on Tottenham Court Road
US homewares giant Williams-Sonoma is to open its first store in the UK on London’s Tottenham Court Road, Retail Week has learned.
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NewsMultiple retailers’ store numbers fall in the first quarter
The number of stores operated by multiple retailers edged down in the first quarter of 2013 after retailers including HMV, Jessops and Blockbuster crashed into administration.
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News
Discounter Lidl to invest in Portuguese stores
Schwarz Group-owned discounter Lidl is investing E45m (£38.5m) in Portugal this year in store refurbishments and improved infrastructure.Of the sum, E15m (£13m) will go into new headquarters in Sintra, construction of which will start in June. When completed next year, there will be a staff of 250 working in central ...