All Property articles – Page 215
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NewsHope for Comet staff as white knight emerges
Staff at collapsed electricals chain Comet have been given a glimmer of hope as a white knight has emerged willing to take on up to 180 stores.
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NewsPoundworld profits tumble as it invests in stores
Value retailer Poundworld’s pre-tax profit slumped 28% to £2.8m last year as as it invested in new stores and distribution.
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NewsAldi creates new store format for London push
Aldi is to open a string of small stores in “prominent” London locations as it looks to grab a slice of the increasingly competitive market.
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AnalysisComet: The state of play
Almost a month after Comet’s collapse into administration, Retail Week takes a look at the state of play at the beleaguered retailer.
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NewsTK Maxx circles 25 Comet stores
Discount fashion outlet TK Maxx has joined the race to secure a package of Comet stores, as administrator Deloitte prepares to close another 14 by the end of the week.
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NewsBidder poised to take 140 Comet stores
A bidder has tabled a bid to take on for 140 stores from collapsed electricals retailer Comet.
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NewsWHSmith poised to open in Russia
WHSmith is to open stores in Russia as part of an international expansion strategy.
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NewsAnalysis: The Entertainer sets it sights on overseas growth
The Entertainer’s prospective move into international markets could be a game-changer for a retailer that has made delivering growth in a difficult category look like child’s play.
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Best Buy to close stores as part of turnaround plan
Electricals retailer Best Buy will close stores on an ongoing basis as part of a turnaround plan from new chief executive Hubert Joly. Closures will be based on store size – larger shops are likely to be targeted – proximity to other Best Buy sites and profitability. Best Buy hopes ...
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Discounter Lidl expected to open first stores in Serbia
Schwarz Group-owned discounter Lidl is expected to open its first 15 stores in Serbian cities over the next two years, Serbian trade minister Rasim Ljajic told a local newspaper.He also expects the opening of Serbia’s first Ikea store by the end of next year.The minister said it was important for ...
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H&M signs for new store in Hammersmith as centre refurb begins
H&M has signed up for new store at Kings Mall shopping centre in Hammersmith, as the development undergoes a full refurbishment.
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NewsLe Coq Sportif to open European flagship in London next year
French sportswear brand Le Coq Sportif will unveil its European flagship store in Covent Garden next year.
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GameStop to close 200 stores
Entertainment retailer GameStop has told investors it plans to close 200 of its less profitable stores over the next year.Chief executive Paul Raines explained that around 2% of GameStop’s US stores and 5% of its international stores are unprofitable at present. The retailer posted better-than-expected results for its third quarter ...
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NewsMayor of London briefs retailers ahead of £100m weekend
Mayor of London Boris Johnson met with London retailers today ahead of the West End’s VIP Saturday when shoppers are expected to spend £100m in preparation for the Christmas season.
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NewsPrimark plans Warrington regional flagship
Primark is set to open a new regional flagship at Warrington’s Golden Square shopping centre.
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NewsNew Look eyes refinancing as new boss appointment looms
New Look is plotting a further refinancing and aims to appoint a new chief executive before the end of 2012.
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NewsRihanna lights up Westfield with Christmas switch-on
Pop star Rihanna switched on Stratford Westfield’s Christmas lights last night, amid fireworks as she performed her new single ‘Diamonds’ at the shopping centre.
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NewsComet: List of first stores to close
Comet administrator Deloitte has earmarked 41 shops are to close by the end of this month. Here is a list of the first 27, which all began closing down Sales on Saturday.
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OpinionComment: Are you Experience? Retail property doesn't get digital...yet
New build under threat, but is property waking up to the digital reality?
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News41 Comet stores to close by end of the month
The administrators of collapsed electricals retailer Comet have confirmed that 41 Comet stores will close by the end of the month, putting up to 1,000 jobs under threat.