All Property articles – Page 206
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NewsThe Entertainer to open first overseas stores in Pakistan and Dubai
Toy retailer The Entertainer is to open its first overseas stores in Pakistan and Dubai as it builds on its UK expansion.
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NewsFurther 37 HMV stores to close, 464 jobs in jeopardy
A further 37 HMV stores are set to close, putting 464 jobs on the line as administrator Deloitte restructures the business in advance of a possible sale.
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NewsHMV: List of further store closures
A further 37 HMV stores are to be shuttered following the initial 66 already slated for closure this month. The closures would leave 116 stores trading.
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GalleryIn pictures: Maplin invests £2m in store revamp as sales improve
Maplin is to spend £2m revamping its entire store estate this year as the electronics specialist looks to improve the shopping experience and maintain its improving sales trend.
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NewsGame eyes HMV, Blockbuster and Jessops stores as it aims to grow share
Entertainment retailer Game is eyeing HMV, Blockbuster and Jessops stores as the specialist aims to grow its market share.
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NewsRetail administrations could lead to a sixth of stores lying empty
Retail administrations and the resulting store closures could lead to one in six stores on the high street lying empty this year, according to the Local Data Company
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OpinionComment: Deciding factors for survival? Specialisation and authority
The last few months seem to have been a tipping point in retail, with major casualties adding to the loss of jobs and the closure of hundreds more high street shops.
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AnalysisAnalysis: What does Morrisons’ Blockbuster stores acquisition mean for the grocery market?
Morrisons’ acquisition of 49 Blockbuster stores to ramp up its convenience arm’s expansion adds further spice to an already fiercely competitive market.
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NewsH&M new brand & Other Stories to make worldwide debut in London
H&M’s new fascia & Other Stories is to make its global debut on London’s Regent Street next month as the Swedish fashion giant relaunches its Oxford Street store.
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NewsFashion giant Primark signs up to St David's flagship
Value fashion giant Primark is to open a 86,000 sq. ft flagship store at St David’s, Cardiff, increasing its floor space in the welsh capital by 80%.
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NewsMorrisons acquires 49 Blockbuster stores for convenience arm
Morrisons has acquired 49 Blockbuster stores from the collapsed rental chain’s administrator Deloitte as it looks to ramp up its convenience presence.
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NewsRestructurer Gordon Brothers called in to trade Republic
Restructuring specialist Gordon Brothers has been drafted in by administrator Ernst & Young to trade collapsed fashion retailer Republic as the hunt for a buyer continues.
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OpinionComment: British retailers can use their heritage to help expand abroad
Are international sales the answer to offset depressed domestic demand? My response is a resounding ‘yes’, with caution that it is not a short-term answer or a quick fix.
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NewsUK property tax is among highest levels across the world
UK retailers pay a disproportionately high level of tax on property, including onerous business rates, compared with their global counterparts says research commissioned by BRC.
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News
CVS purchases pharmacy chain Drogaria Onofre
US retailer CVS has purchased 44-store pharmacy chain Drogaria Onofre.CVS chief executive Larry Merlo said: “We view Brazil as an attractive market given that healthcare and pharmacy are expected to grow double digits for the next decade. It’s still a highly fragmented market, so we see nice opportunity to grow ...
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NewsCompany profile: Footwear retailer Shoe Zone
Footwear retailer Shoe Zone has called an abrupt halt to years of expansion plans by revealing it is to close 90 of its Stead & Simpson stores because of poor trading in December.
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GalleryIn pictures: Topshop opens doors of flagship Los Angeles store
Fashion retailers Topshop and Topman will unveil their 30,000 sq ft flagship store at The Grove in Los Angeles today as owner Sir Philip Green continues his quest to conquer the US.
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News
Temasek Holdings reveals plans to acquire stake in Matahari
Temasek Holdings has revealed plans to acquire a stake in Matahari, operator of Hypermart. Temasek will indirectly buy a 26.1% stake worth $300m (£191.4m) via controlling shareholder Multipolar.The deal, if concluded, would make Temasek one of the major shareholders in Matahari. Private equity firm CVC Partners has hired CIMB, Morgan ...
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NewsTheo Paphitis mulls opening series of Robert Dyas shopping centre stores
Ryman Group boss Theo Paphitis is considering opening more Robert Dyas stores in shopping centres as he seeks to take advantage of new retail property coming online.
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News
Spar International to return to India
Spar International plans to return to India by the year-end. Managing director Gordon Campbell said the retailer is in talks with a number of regional chains to sign licensing agreements.He said India is a crucial market for Spar and the company is seeking multiple partners for different regions.“India will be ...