All Property articles – Page 218
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AnalysisAnalysis: Portas Pilot Town - Mary Portas visits Liskeard
Mary Portas has defied critics on her crusade to revitalise the high street. John Ryan joins her in one of the Portas Pilot Towns.
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NewsMary Portas backs call to freeze business rates
High street campaigner Mary Portas has lent her support to the Fair Rates for Retail campaign calling for a freeze in business rates next year.
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NewsThe Fragrance Shop plans larger stores for browsing customer
The Fragrance Shop is to opening larger, open format self-selection stores in high-footfall locations to cater for customers who want to browse product before buying.
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News
Walmart plans to open 100 more stores in China
Walmart plans to open 100 more stores in China, creating 18,000 jobs, in the next three years.The retailer said the new stores will primarily be Walmart Supercenters and Sam’s Clubs. Walmart also intends to focus on improving the performance of stores and supply chain efficiency.
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NewsAdministration looms for Comet
Electricals retailer Comet is likely to file an intention to appoint an administrator as early as tomorrow (Thursday), putting 7,000 jobs at risk, Retail Week can reveal.
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News
Inditex plans 50 to 60 Russian store openings
Spanish clothing retailer Inditex aims to open 50 to 60 stores a year in Russia.The shops will open in major cities, with the first scheduled for 2013 in Vladivostok, in the Russian Far East.Inditex operates 274 stores in Russia at present – 58 under the Zara banner and the remainder ...
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NewsHomebase focuses on store refits as it plans to close 40 stores
DIY retailer Homebase has shelved its expansion strategy to focus on store refits after outlining plans to shed 12% of its store base in the next five years as its multichannel sales grow.
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News
Business rates dubbed the 'retail poll tax'
The chair of the All Party Parliamentary Retail Group has dubbed business rates the “retail equivalent of the poll tax”.
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NewsMaplin secures £20m credit facility to fund expansion
Maplin has secured £20m of credit to fund its expansion plans for 100 new stores and an enhanced online retail offer.
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OpinionComment: We must ease the bumps in business rates to protect local shops
The Government in committed to seeing healthy high streets and a thriving retail sector in Britain.
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OpinionComment: The High Street: Who really cares?
This week the government have announced the formation of the Distressed Retail Property Taskforce (DRPT) to try and find ways of rejuvenating towns and cities – about time we say!
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NewsRates revaluation delay to be subject of Westminster Hall adjournment debate
Rochdale MP Simon Danczuk is to lead a Westminster Hall adjournment debate in Parliament today when he will attack the Government’s proposal to delay next year’s business rates revaluation.
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NewsTaskforce created to tackle ailing high streets
Senior representatives from retail, banking, property and local government have come together to create a new taskforce that has been set up following recommendations made in the Portas Review to revive high streets.
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AnalysisInternational analysis: Carrefour agrees sale of stores as it exits Colombia
French retailer Carrefour is to sell its Colombian operations to Chile-based Cencosud for E2bn (£1.63bn), including debt, by the end of the year.
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NewsGerry Weber aims to double UK stores
German womenswear brand Gerry Weber is to more than double the number of its UK stores next year as it eyes market town locations.
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NewsAnalysis: Expansion for Home Bargains
TJ Morris, which trades as Home Bargains, is making strides in the value sector.
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NewsDebenhams to anchor Southside Shopping centre
Debenhams is set to open a new store to anchor the Southside Shopping Centre, which is to undergo a £40m redevelopment.
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OpinionComment: Recession should drive overseas growth
From recession to secession is more than just a direct alphabetical sequence.
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News
Grocer Kroger reveals future growth streams
Grocer Kroger has revealed it intends to pursue several future growth streams, including new store expansion – adding stores in both existing markets as well as entering new territories. It also plans to test new formats and enhance its multichannel capabilities. While most growth will be organic, the retailer has ...
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InterviewQ&A: Local government minister Mark Prisk on Portas, rates and Sunday trading
Housing minister Mark Prisk today unveiled support for 300 towns not selected to become Portas Pilots. Retail Week quizzes Prisk on town centres, business rates and Sunday trading hours.