All Property articles – Page 199
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NewsOasis owner Aurora Fashions seeks rent reductions from landlords
Oasis owner Aurora Fashions is in negotiations with its landlords to reduce rents and get out of onerous lease agreements.
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News
Darty to close loss-making Spanish stores
Darty is closing its stores in Spain. The retailer is cutting off the loss-making arm as it plans to focus on its more successful stores in France, Belgium and the Netherlands.All 43 Spanish stores will be closed by June at an estimated cost of E30m (£25.5m).
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OpinionComment: Hilco has work to do to get HMV back on song
Few retail failures have inspired the level of public regret that greeted HMV’s fall into administration earlier this year.
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AnalysisAnalysis: Restructuring firm Hilco begins HMV turnaround
After buying HMV, Hilco faces the task of rebuilding the fallen entertainment retailer’s position on the high street and online.
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AnalysisAnalysis: The pros and cons of subletting store space
With retailers keen to dispose of excess space, businesses have started to sublet sections of their shops to other traders.
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AnalysisInternational analysis: Uniqlo has work to do to meet ambitious targets
Fast Retailing’s president and chairman Tadashi Yanai has topped US magazine Forbes’ 2013 list of the 50 wealthiest people in Japan.
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OpinionRetail surgery: How can I help ensure my local high street survives?
How can I help ensure my local high street survives?
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News
Central Retail to invest in domestic expansion
Central Retail will invest Bt1bn (£22.3m) in its domestic expansion this year.The cash will be used to open 12 to 15 shops under the Tops Market, Tops Super and Central Food Hall banners and 50 Tops Daily convenience stores.The company will also upgrade its IT and its customer relationship management ...
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News
OfficeMax launches small-format store
OfficeMax has launched a small-format store called OfficeMax Business Solutions Center.The initiative follows the retailer’s strategy of consolidating its big-box office supplies shops into smaller, more interactive stores.The first Business Solutions Center opened in Milwaukee. The store will offer tailored services and products, catering to the needs of small businesses. ...
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AnalysisTesco’s One Stop franchise scheme: What do retailers need to know?
The grocer’s One Stop convenience business is scouting for franchise partners to pit it against symbol groups.
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News
Grand Frais to open first store outside domestic market
French fresh products wholesaler Grand Frais is to open its first store outside its domestic market, in Belgium. The shop is in Messancy, close to the French and Luxembourg borders.It will sell a wide range of fresh fruit and vegetables, dairy products, meat and seafood.Grand Frais operates about 130 stores ...
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News
Inditex closes Syrian stores due to ongoing civil war
Inditex has closed all of its Syrian stores because of the ongoing civil war.The retailer had opened two Zara stores, two Massimo Dutti shops, a Pull & Bear and a Stradivarius since entering the country in 2009.The franchise agreement with its local partner remains in place, suggesting the retailer might ...
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NewsRussian footwear retailer Mascotte to make UK debut at Westfield London
Westfield London will host Russian footwear retailer Mascotte’s first UK store which opens on Saturday.
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NewsSwarovski to launch new fascia Cadenza at Westfield Stratford
Jewellery retailer Swarovski is launching a new branded jewellery fascia in the UK with the first store due to open at Westfield Stratford.
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OpinionComment: Retailing needs a new model to build brand loyalty
“Showrooming” involves customers visiting a store to seek advice or to experience a product, but completing the purchase elsewhere.
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GalleryIn pictures: HMV through the ages
As HMV is rescued out of administration by restructuring firm Hilco to maintain its place on the high street, Retail Week takes a look at how the music specialist has evolved in its lifetime.
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AnalysisAnalysis: What next for HMV following its acquisition by Hilco?
After months of wrangling with suppliers and landlords, Hilco’s hard work paid off when it secured a £50m deal to purchase HMV out of administration.
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OpinionComment: Tesco shoppers are likely to choose Giraffe over horse
Tesco’s decision to buy restaurant chain Giraffe clearly underlines its determination to make big supermarkets attractive retail destinations.
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NewsHMV: Full list of the 141 stores bought by Hilco
See below for details of the 141 HMV stores acquired by Hilco.
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NewsUPDATED: Hilco buys HMV and drafts in ex-Steinhoff boss Topping
Hilco has bought collapsed entertainment retailer HMV and drafted in former Steinhoff UK boss Ian Topping to lead the business.