All Property articles – Page 212
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NewsSelfridges buys £130m office block
Selfridges has acquired an office block near to its flagship store in Oxford Street for £130m, suggesting the retailer will expand its presence in the area.
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Costco reveals opening plans for 2013
Warehouse club operator Costco has revealed its opening plans for the remainder of the 2013 financial year.In the first quarter, which ended on November 25, Costco added nine clubs - eight in the US and one in Canada - bringing its total to 617, including 443 in the US.By the ...
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Sephora plans South American store openings
LVMH-owned beauty chain Sephora plans to open 50 stores in South America in the next four years.The retailer, which entered Brazil in 2010 with the acquisition of beauty etailer Sack’s, opened two stores in São Paulo this summer.
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AnalysisInternational analysis: Jerónimo Martins to invest in Polish market
Portuguese-based retailer Jerónimo Martins is to invest €2.5bn (£2.03bn) over the next three years, with 70% directed into Polish discount chain Biedronka.
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NewsPeacocks plans overseas growth as revival rolls on
Peacocks is to re-enter the Middle East and launch in Germany next year.
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OpinionComment: The best retailers have thrived in 2012
Pictures of the shutters coming down on Comet stores for the final time this week are a fitting, but unfortunate, image with which to close out 2012.
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Analysis2012: The year in review - Retail winners and losers
From big administrations to political hot potatoes, retailers have seen it all. Caroline Parry charts the big moments in the year that was.
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Electricals chain Reliance Digital aims to ramp up store count
Consumer electricals chain Reliance Digital is aiming to ramp up its store count from 104 to 500 by March 2014.To strengthen back-end operations, the company plans to up its warehouse count from 21 nationwide to one in every state.
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AnalysisAnalysis: How can HMV heal its trading wounds?
Following HMV’s warning on covenants last week, Retail Week takes a look at seven areas the retailer needs to focus on to survive.
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Inditex posts net sales increase
Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31.The addition of stores in emerging markets and the expansion of the online business boosted sales.Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The retailer opened ...
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Walmart reportedly in talks with Migros Ticaret
Walmart is reportedly interested in entering Turkey through a majority stake in leading retailer Migros Ticaret.Walmart has not submitted a formal bid, but has reportedly held meetings with the private equity-backed retailer in recent days. A deal would value the business at more than $4bn (£2.47bn), including debt.Migros Ticaret has ...
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AnalysisTimeline: The highs and lows of Comet
As the shutters come down on Comet’s remaining stores, Retail Week charts the collapsed electricals retailer’s history
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GalleryIn pictures: Last minutes of Comet's Tottenham Hale store closure
Pictures from electrical retailer Comet’s Tottenham Hale store, which is closing today along with the rest of the chain.
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NewsAll Comet stores to close today as losses hit £230m and Vince Cable steps in
Collapsed electricals firm Comet will close its remaining stores today as administrator Deloitte revealed that its unsecured creditors are owed £232.9m and Business Secretary Vince Cable launches an investigation.
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NewsGovernment opens first pop-up shop to help boost high streets
The Government has opened its first ever pop-up shop in Whitehall today as part of its bid to help revitalise high streets.
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OpinionComment: Fewer and better – shops in 2013
This is the last Stores column of 2012 and the normal modus operandi at this stage is to look back at what’s been and to anticipate what’s to come.
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NewsRiver Island to open its largest London store at Park House
River Island is to open its largest London store at Park House, the new development on Oxford Street.
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NewsLondon's West End set for £25m investment
London’s West End has secured £25m investment over the next five years, after retailers voted to keep the New West End Company managing the area.
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NewsOnline sales surge sparks Staples store closures
Office supply and stationery retailer Staples will close 23 stores as it reshapes its business in light of its growing online sales.
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French sports retailer Oxylane plans Bulgarian stores
French sports retailer Oxylane plans to enter Bulgaria next year, it is reported. The first Decathlon store is set to open in September 2013 in southeast Sofia, with construction already under way.The retailer sees potential in the Bulgarian market for 15 to 20 stores. It also intends to grow through ...