All Property articles – Page 200
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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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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
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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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.
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OpinionComment: Retail alone cannot save the UK high street
The opening of Trinity Leeds brought hordes of consumers to the newest retail offering in one of the UK’s premier shopping locations.
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NewsDr Martens to double its store count in retail push
Footwear brand Dr Martens aims to double its store count as its retail business takes on increasing importance.
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AnalysisAnalysis: Are CVAs dead?
This morning PwC revealed figures showing that the number of company voluntary arrangements (CVAs) had “dropped to a level never seen before” in the first quarter of this year.
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OpinionComment: Why omnichannel cannot save the high street
An omnichannel approach is essential for retail chains, but click-and-collect will not stop the online channel’s squeeze on the high street.
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NewsRetail insolvencies increase in first quarter of 2013
Retail was one of the hardest hit sectors in the first quarter of 2013 with the number of insolvencies rising 1.75% to 407 despite a 10.2% drop across the UK.
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AnalysisThe UK Retail Sector Inquiry: What do retailers need to know?
Parliament is to consider the health of the retail sector as it goes through a period of change.
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News
French retailer Auchan gets green light for Real hypermarkets acquisition
French retailer Auchan has been given the green light for its acquisition of Metro Group’s Real hypermarkets in Ukraine, along with its property division.Metro Group only has two Real stores in Ukraine, one in Kiev and the other in Odessa.
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News
Ahold completes sale of ICA stake
Grocer Ahold has completed the sale of its stake in Scandinavian retailer ICA to Hakon Invest of Sweden.Ahold held 60% in grocer ICA and jointly shared a controlling interest with Hakon Invest.In February, the latter agreed to buy Ahold’s stake for SEK21.2bn (£2.14bn) in cash.
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News
Central Retail Corporation buys Copenhagen department store
Thailand-based multi-format operator Central Retail Corporation has entered Denmark by acquiring Illum, a famous Copenhagen department store.The company plans to invest THB2bn (£45m) to renovate the store over the next four years. Central Retail chief executive Tos Chirathivat said the renovation would help Illum boost its income from THB5bn (£112.6m) ...