All Property articles – Page 217
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AnalysisAnalysis: Re-evaluating store portfolios
It has been a tough year for retail property directors as the economic downturn and the rapid development of multichannel commerce have forced many to re-evaluate their store portfolios. But as Ben Cooper finds out, it’s not only a case of downsizing.
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OpinionComment: Seismic change lies ahead for retail property
A lot can happen in a year. In terms of retail property, 2012 has seen some shifts in the market, as many retailers reassess their store portfolios in the face of a growing number of challenges.
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NewsBoots ranked as number one shopping centre tenant
Boots has been ranked as the “leading” shopping centre tenant in a new report based on numbers of stores in quality schemes.
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NewsFoyles opens pop-up store at Central Saint Martins College
Foyles has opened a pop-up shop at Central Saint Martins College in London.
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NewsJJB collapsed with £150m of debt as old stores draw little interest
JJB Sports collapsed with £150m debts, it is revealed, as its former stores attract little interest.
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NewsMultiples’ store numbers up after dip
The number of UK shops operated by multiple retailers grew in the third quarter after dipping in the first half.
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NewsHobbs targets offices with pop-up shops
Premium fashion retailer Hobbs wants to install pop-up shops in offices to make it more convenient for its core customers to shop.
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NewsShoe Zone staff slam management over store closures
Staff at Shoe Zone-owned footwear chain Stead & Simpson have lambasted management for shutting shops “by stealth”.
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OpinionComment: Why is Comet the latest retail casualty?
So, another leading high street name has collapsed. The administrators have indicated that they will continue to trade the business as they look for buyers.
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NewsToys R Us UK profits halve as it opens stores
Profits at big-box toy retailer Toys R Us almost halved last year.
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NewsVictoria’s Secret to open in Leeds and Manchester
US lingerie giant Victoria’s Secret is to open its first UK stores outside London in Leeds and Manchester next year.
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News
Carrefour to sell Malaysian operations to Aeon
Carrefour is selling its operations in Malaysia to Japanese retailer Aeon for E250m (£200.8m).Carrefour is the fourth-largest retailer in the country, with 26 hypermarkets and a turnover of E400m (£321.3m) for the year to June 30.According to Carrefour, the disposal reflects its strategy of “allocating resources to mature countries where ...
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NewsGovernment pressured over business rates revaluation
Retail and property leaders are today calling on the Government to reconsider its decision to revalue business rates two years later than planned.
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NewsH&M demands tough lease terms
Swedish fashion retailer H&M is understood to have drawn up a list of tough demands on UK landlords which has sent ripples through the retail property sector.
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NewsComet owner OpCapita among its creditors
Comet owner OpCapita will be among the first in line for an estimated £60m that could be recovered from the collapsed electricals retailer which entered administration last week.
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NewsDeloitte 'urgently' seeks Comet buyer
Comet stores are to continue to trade for the time being and staff will be paid, administrator Deloitte has said.
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NewsWestfield Stratford City generates £900m of retail sales in first year
Westfield Stratford City generated £896m of retail sales in its first year with 47 million visitors entering the shopping centre.
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NewsUK sales surge at Ikea as £30m investment pays off
Ikea has outperformed the tough big-ticket market to post a 6.3% rise in sales as well as market share gains as the furniture giant revamps its estate to introduce in-store theatre.
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News
H&M opens first shop in Latin America
Swedish fashion retailer H&M has opened its first shop in Latin America in Mexico, at Centro Santa Fe mall.The 45,000 sq ft flagship is the first H&M store to have a Quality Lab. The lab will feature extensive product testing, such as washing and safety, which will be carried out ...
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AnalysisAnalysis: Catalogue takes a back seat as John Walden reinvents Argos
The retailer is overhauling its business model for the digital era.