All Property articles – Page 198
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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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H&M moves closer to Indian debut
H&M is moving closer to its Indian debut.Having consulted the Indian government, the value fashion retail giant is likely to propose an initial investment of around INR700 crore (£85m) in the country. H&M said it would comply with the investment rules for single-brand retailing, including the mandatory 30% local sourcing, ...
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NewsDixons debuts in Belgium with Knowhow branded stores
Dixons has debuted in Belgium with two travel stores in Brussels Airport under its Knowhow brand.
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NewsPrimark plans store launches in France this year
Primark aims to open two stores in France by the end of this financial year as it seeks to build on its success on the Continent.
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Rewe Group to invest in small online companies
Rewe Group is to invest in small online companies to gain ground in ecommerce.“We want to establish sort of a business incubator for start-ups,” chief executive Alain Caparros told business title Wirtschafts Woche. He said that Rewe may have underestimated the dynamics of online operations.Rewe also wants to extend its ...
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NewsHackett to acquire prominent Ferrari store on Regent Street
Menswear brand Hackett is to acquire Ferrari’s prominent store on Regent Street.
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NewsSports Direct closes 12 Republic stores two months after rescuing them
Mike Ashley’s Sports Direct has closed 12 Republic stores just two months after it rescued them from administration.
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OpinionNick Bubb's Verdict: Primark - What is the secret of its success?
Expectations were high for today’s Primark interim profits from Associated British Foods (ABF) but they still beat them, with amazing 55% growth. How does Primark do it?
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NewsAsda plans same-day delivery on food orders in £700m investment drive
Asda is to invest £700m in a number of initiatives including same-day delivery for food orders, click-and-collect and a raft of new stores.
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NewsCompletely Retail Marketplace event set to attract 1,100 delegates
Property event Completely Retail Marketplace is expected to attract 1,100 delegates across the retail and property industries next month.
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OpinionComment: Kingfishing for success in Romania
Given the recent performance of British brands in Romania, one can be forgiven for doubting the decision last week by B&Q owner Kingfisher to enter the market following its acquisition of Bricostore.
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NewsGeorge at Asda to launch in Malta as part of overseas push
Asda fashion label George is to open its first store in Europe in Malta on Friday as part of the brand’s march overseas.
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NewsTesco-owned garden centre Dobbies opens concession village
Tesco-owned garden centre Dobbies has opened a “retail village” featuring 13 concessions in its revamped Edinburgh store after investing £1.5m.
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German hard discounter Aldi Süd opens nine stores in Texas
German hard discounter Aldi Süd opened nine stores in Houston, Texas last week.The retailer wants to open 30 new shops over the next two years, investing more than $125m (£81.5m) in the Houston Metro area.The launch extends Aldi’s Texan presence, which is focused on the Dallas/Fort Worth district, which it ...
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Select owner bullish over expansion strategy as like-for-likes rise
The owner of Select has insisted that the fashion retailer needs 350 shops on the high street despite a growing online business and challenging economic headwinds.
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NewsGrocer Waitrose opens first farm shop in Hampshire
Waitrose is to open its first store on a farm this summer in Hampshire featuring locally-sourced products.
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NewsSainsbury’s puts Holborn headquarters on the market as 150 staff moved
Sainsbury’s is to move 150 staff from its central London head office to Coventry and Manchester after putting its Holborn office on the market.
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AnalysisAnalysis: Why are grocers turning to the convenience market?
Why has convenience become such a growth market and how are the grocers taking advantage? Rebecca Thomson reports.
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French retailer ITM plans to open petrol stations in Poland
French retailer ITM (Intermarché) plans to open petrol stations in Poland operated independently of its stores.ITM already has two pilot petrol stations in the country and plans another five this year.Rival retailer Leclerc is also said to be mulling opening petrol stations in Poland that may be used as collection ...
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NewsTesco UK boss Chris Bush: I’ll rekindle shoppers’ love affair with Tesco
Tesco UK managing director Chris Bush has vowed to rekindle the British consumer’s affection for the grocer by making it the supermarket of choice rather than a default option.