All Property articles – Page 209
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News
Gulf Related to open 2.85 million sq ft shopping centre in Abu Dhabi
A $1bn (£635.9m) shopping centre developed by Gulf Related that is larger than any equivalent urban centre in Europe is due to open in August.The 2.85 million sq ft Abu Dhabi-Sowwah Central development will feature luxury shops and restaurants. The Galleria, a 550,000 sq ft space within the complex, is ...
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News
Aeon shows increasing interest in Asian retail market
Japanese retailer Aeon and a unit of Thailand’s Central Group are thought to be considering a bid for Indonesia’s Matahari department stores.Private equity firm CVC Capital Partners owns a major stake in Matahari’s retail division, and reports suggest it is seeking as much as $3.5bn (£2.23bn) for a buy-out.Aeon has ...
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AnalysisAnalysis: Industry leaders talk bricks and clicks at Retail Week Live
The shopping experience and the store’s role in a multichannel environment will feature strongly at Retail Week Live 2013. Anna Richardson-Taylor previews the big themes.
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News
US clothing retailer Gap prepares to enter India
US clothing retailer Gap is preparing to enter India in 2014.Rajiv Malik, general manager for sourcing in India, would not confirm whether Gap planned to enter the market on its own or with a local partner.
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OpinionBlog: Former Game boss Ian Shepherd on retail reinvention
I’ve shied away from commenting on the recent spate of retail administrations for a number of reasons.
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InterviewQ&A: The Perfume Shop, managing director, Jo Walker
Fragrance retailer The Perfume Shop posted a 2.5% jump in like-for-like sales across its Christmas trading period. Managing director Jo Walker talks about its plans for the year ahead.
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News
Carrefour's Greek franchisee to invest in Serbia
French retailer Carrefour’s Greek franchisee Marinopoulos is planning to invest in Serbia.The retailer will open a flagship store in a new shopping centre in Belgrade. The shop is scheduled to open in a year’s time.
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News
Use pop-up shops to boost high streets, urges Local Government minister
Housing minister Mark Prisk today urged Town Teams to use pop-up shops to boost struggling high streets.
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NewsPhase Eight poised to launch first stores in UAE
Phase Eight will open its first stores in the United Arab Emirates this month, as it focuses on overseas growth and ramps up its multichannel offer.
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NewsPaphitis eyes stores from collapsed retailers HMV, Jessops and Blockbuster
Theo Paphitis, owner of Ryman Group and star of Dragons’ Den, is in the running to take on former HMV, Jessops and Blockbuster stores.
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NewsVictoria's Secret opens first airport store in Stansted
US lingerie retailer Victoria’s Secret has opened its first stand-alone UK airport store at Stansted, following the launch of its first stores here last year.
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NewsVince Cable calls for review on decision to delay rates revaluation
Business secretary Vince Cable has backed calls for the Government to review its decision to delay the rates revaluation for two years.
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NewsDrake Circus signs up four new retailers
Bank, The Fragrance Shop, Ernest Jones and Everything Everywhere are to open stores at the Drake Circus shopping centre in Plymouth.
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OpinionComment: A refocus on music should have been a priority for HMV
In 2002, Beverley Knight released her signature single Shoulda Woulda Coulda. It reached number 10 in the charts, because back then record stores still sold singles.
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NewsCompany profile: Store Twenty One
After investing heavily in a rebrand, Indian textiles giant Alok Group, owner of troubled fashion and homewares retailer Store Twenty One, is mulling the possibility of a sale.
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AnalysisAnalysis: Retail 2013 - The year to come in UK retail
Leading UK senior executives reveal their expectations for the next 12 months in our Retail 2013 report in association with Kurt Salmon.
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News
Aeon opens first MaxValu supermarket in China
Japanese retailer Aeon has opened its first MaxValu supermarket in China. The new shop is in Guangzhou and Aeon plans to open 30 branches annually from 2014, to reach 200 by 2020.MaxValu supermarkets will primarily sell food and feature mostly local products, with only 5% imported from Japan.Aeon plans to ...
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AnalysisInternational analysis: Media Markt exits China as ecommerce dominates
Metro’s Media Markt consumer electronics business has said it will pull the plug on its two-year-old venture into China, due to lessons learnt from a “test phase” that ended in December.
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NewsFootfall at HMV hits a high as its future hangs in the balance
Footfall at entertainment retailer HMV has surged in recent days as publicity about its potential closure sent shopper traffic to levels typically only seen at Christmas.
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NewsClintons owner mulls new UK fascia after issues with Papyrus trademark
Clintons parent company American Greetings may launch a new premium fascia in the UK after facing trademark difficulties here for its Papyrus brand.