All Property articles – Page 202
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AnalysisTesco’s acquisition of Giraffe: What do retailers need to know?
Last week Tesco snapped up restaurant chain Giraffe. So what are its plans for the group, and are more acquisitions on the cards?
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News
BIM reveals details of imminent entry into Egypt
Turkish hard discounter BIM has revealed details of its imminent entry into Egypt.Speaking to the Financial Times, BIM chief financial officer Haluk Dortluoglu said the retailer intends to source 80% of its range from local small and medium-sized businesses.“We’ll use a similar concept and layout [to Turkey], carrying 500 to ...
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GalleryIn pictures: Trinity Leeds shopping centre opens for business
Trinity Leeds, the only major UK shopping centre to launch this year, has opened for business this morning in Leeds city centre.
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NewsBluewater strikes O2 deal to enhance customer experience
Bluewater has struck a deal with mobile phone operator O2 aimed at digitally enhancing consumers’ physical shopping experience in Kent shopping centre.
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AnalysisBudget 2013: Reaction from the retail sector
Chancellor George Osborne has shunned retailers calls for a freeze on business rate increases. Retail Week rounds up the reaction to the Budget in the retail sector.
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NewsUrban Outfitters signs up for first East Midlands store
US fashion retailer Urban Outfitters has signed for a new 14,500 sq ft store at the Victoria Centre in Nottingham.
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NewsHigh street personality toolkit launches to boost struggling centres
A new Government-funded toolkit designed to boost high streets based on their ‘personalities’ launches tomorrow (Wednesday).
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InterviewQ&A: Mary Portas at Retail Week Live
Retail Week editor-in-chief Chris Brook-Carter speaks to government retail advisor Mary Portas about rescuing high streets, the Portas Pilots and the future of retailing.
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OpinionComment: Shoppers still need bricks-and-mortar stores
There are numerous ways to effect a purchase these days, but ultimately, the bricks-and-mortar shop will not disappear.
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AnalysisInternational analysis: Is Carrefour’s strategic plan equal to the market?
Despite challenges in formats and geography, Carrefour’s 2012 results were above expectations and saw its first rise in domestic profit.
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NewsAnn Summers seeks prime locations to roll-out new shopfits
Ann Summers chief executive Jacqueline Gold has met landlords to explain the lingerie and sex toy retailer’s more sophisticated shopfit in a bid to secure prime locations.
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AnalysisOracle Retail Week Awards: How John Lewis led the way and outperformed its rivals
John Lewis won both Oracle Retailer of the Year and Brandbank Multichannel Retailer of the Year. Managing director Andy Street talks about its success.
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AnalysisOracle Retail Week Awards: Hull’s St Stephen’s beats the recession
St Stephen’s shopping centre in Hull has battled the economic conditions to increase footfall and let all of its units.
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News
Target opens first three Canadian stores
Target has opened its first three Canadian stores in Guelph, Milton and Fergus in the state of Ontario.The openings are intended as a pilot to prepare systems, train team members and determine operational readiness as the retailer prepares for the soft opening of 24 stores in Ontario later this month.Target ...
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NewsSports Direct offers turnover deal on Republic stores’ rent
Republic’s owner, Sports Direct, has offered landlords 15% of stores’ turnover as part of a new lease proposal.
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News
Gross sales rise at grocer Mercadona
Mercadona’s gross sales rose 7% to E17.8bn (£15.55bn) in 2012. Net income also increased 7% to E508m (£443.7m).The grocer invested E650m (£567.7m) to open 60 stores and hired 4,000 employees during the year, giving it a total staff count of 74,000.Mercadona is reportedly postponing global expansion.
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AnalysisOracle Retail Week Awards: Sir Philip Green – taking retail to new levels
Sir Philip Green, winner of this year’s Outstanding Contribution to Retail award, talks about building his empire, US success and doing his bit for the industry.
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NewsRetail Week Live: Out-of-town retail parks will struggle, says Bill Grimsey
Out-of-town retail parks will suffer the same decline as high streets as shoppers move online, said Bill Grimsey, former boss of Focus DIY and author of Sold Out, at Retail Week Live today.
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NewsRetail Week Live: Aurora to shrink store estate as shoppers move online
Aurora, the group which owns brands Oasis, Warehouse and Coast, plans to shrink its store estate by between 30 and 40 stores per brand over the next five years, as online shopping surges.
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News
Mothercare Australia launches deep discounts in a bid to avoid closure
Troubled parent and baby specialist Mothercare Australia has launched a Sale at its branches, offering discounts of up to 40% as it tries to save itself from closure.The retailer, which entered administration in January, will run its Sale “in conjunction with the administrators’ continuing efforts in negotiating a sale of ...