All Property articles – Page 210
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NewsWHSmith like-for-likes drop 5% but it delivers 'good profit'
WHSmith like-for-like sales dropped 5% for the 20 weeks to January 20, but the book and stationery retailer said it delivered a “good profit performance” during the period.
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NewsHMV receives 'substantial' interest from retailers for store estate
HMV’s store portfolio has received “substantial” interest from a range of retailers as the deadline for first round bids next week nears.
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NewsTrinity Leeds reaches 90% capacity with new retail signings
Yet-to-launch shopping centre Trinity Leeds has almost reached capacity after pre-letting 90% of its space, following new retailer signings to the one million sq ft scheme.
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Leroy Merlin DIY group to invest in new stores
Adeo’s Leroy Merlin DIY group is to invest RUB15bn (£312.2m) to open 15 stores in the central regions of Russia.A pilot store will open in Tver by the end of January. The retailer will then plan the pace of openings in other cities.General manager Vincent Gentil told Russian newspaper Izvestia: ...
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NewsThe Midlands Co-operative to close fashion and home department stores
The Midlands Co-operative is to close its fashion and home department stores after failing to compete with online rivals in a phased closure programme over the next six months.
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NewsHotel Chocolat poaches Monsoon man as first international director
Chocolatier Hotel Chocolat has hired former Monsoon and Body Shop executive Roger Williams as its first international director after posting record sales and profits.
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NewsBlockbuster administrators to close 129 stores following collapse
Blockbuster’s administrator Deloitte is to close 129 of its 528-store portfolio as it looks to slim down its estate to a “profitable core”.
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NewsGame considers acquiring tranche of HMV stores
Game, owned by OpCapita, is interested in acquiring up to 45 HMV stores as administrator Deloitte receives 50 expressions of interest for the entertainment retailer.
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NewsMobile phone retailer EE to close 78 stores by April
Mobile phone retailer EE is to close 11% of its UK store estate following a review of its retail operation with 78 of its 700 shops set to close before the end of April.
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InterviewQ&A: Peacocks chief executive Philip Day talks about the business one year on
As Edinburgh Woollen Mill Group marks the anniversary of the administration of value fashion chain Peacocks out of administration, chief executive Philip Day tells Retail Week how he is turning the business around.
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AnalysisAnalysis: Why the shutters closed on camera specialist Jessops
Following last week’s collapse of camera specialist Jessops into administration and the closure of stores, Tiffany Holland focuses on the reasons for the retailer’s decline.
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AnalysisAnalysis: Challenges faced by UK retailers in the Chinese market
China remains high on retailers’ expansion agendas but few have cracked the country. Caroline Parry finds out
what strategies are likely to lead to Chinese success. -
NewsBlue Inc seeks first standalone store for Twisted Soul brand
Twisted Soul, the “aspirational” clothing brand developed by fast-growing young fashion group Blue Inc, is poised to open as a fascia in its own right with a pop-up location.
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NewsFashion retailer Republic seeks monthly rents to control cashflow
Republic, the young fashion retailer chaired by former Asda chief executive Andy Bond, is looking to switch to monthly rental payments as it vies to control its cashflow.
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NewsThe Fragrance Shop delivers 4% Christmas like-for-like sales jump
Beauty retailer The Fragrance Shop posted a 4% jump in like-for-likes over the Christmas period, as it posted a total sales rise of 14.2%, while maintaining margins.
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NewsWestfield and Hammerson end feud and unveil retail vision for Croydon
Westfield and Hammerson have ended their feud over the redevelopment of riot-hit Croydon by forging a joint venture to upgrade the town’s retail centre in a £1bn scheme.
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Mothercare posts 7.4% slump in group sales during third quarter
Baby specialist Mothercare posted a 7.4% slump in group sales for its third quarter but boss Simon Calver remained positive of the “solid progress” made in the period.
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NewsJessops axes 77 more jobs as interested parties circle online business
Collapsed camera retailer Jessops axed another 77 jobs yesterday, as “several” parties remain interested in acquiring the Jessops brand and online business, it is understood.
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NewsBlockbuster collapses into administration
Entertainment specialist Blockbuster has plunged into administration, making it the third large retailer to hit the buffers in a week following the collapse of Jessops and HMV.
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NewsHMV receives 'more than 10' expressions of interest as Irish stores close
HMV’s administrator Deloitte is understood to have received “more than 10” expressions of interest in the entertainment retailer that collapsed on Tuesday.