All Property articles – Page 226
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OpinionComment: World class Olympics, world class shopping experience
‘World Class’ is a phrase that’s dominated the headlines regarding the UK’s celebration of sport and culture, and we aim to put ‘world class experience’ at the heart of every Westfield shopping centre.
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NewsMamas & Papas’ China plan piles pressure on Mothercare
Maternity retailer Mamas & Papas to open 90 stores in China over next five years to tap into hunger for Western brands.
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NewsBlue Inc begins widespread overseas expansion
Blue Inc, the value fashion retailer chaired by Sir Stuart Rose, is gearing up for widespread international expansion as its Officers Club business helps propel UK growth.
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AnalysisAnalysis: Co-op’s battle continues as new era dawns
With its boss stepping down amid challenging market conditions and falling sales, can the Co-op reverse its decline and continue to compete against the big four?
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AnalysisRetail Week on the Road: Southwest and Wales
We visit Bristol, Cardiff, Exeter, Jersey and Guernsey.
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News
Net sales increase for Pantaloon Retail
Future Group-owned Pantaloon Retail’s full-year net sales for the core retail business rose by 7% to INR117.9bn (£1.36bn), compared with INR110.1bn (£1.27bn) last year. Net profit grew to INR2.85bn (£33m) compared with INR766.7m (£8.81m).The retailer added 2.37 million sq ft in the year, taking its total retail space to 16.71 ...
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News
H&M to open first Malaysian store
Swedish fashion retailer H&M will open its first Malaysian store in Kuala Lumpur on 20 September.The new 36,000 sq ft store will offer the latest collections for women, men and children. A second store is due to open in the city’s new Setia City Mall later this year.
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News
Ikea plans move into hotels and student accommodation
Ikea plans to construct budget hotels and student accommodation in university cities across western Europe.LandProp Holding, the Ikea real estate development arm behind the London Strand East project, will develop accommodation under the brand Ulito.Harald Müller, managing director of LandProp and business development manager of Inter Ikea, said the developments ...
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NewsWilkinson profits plummet 62.6%
Wilkinson’s pretax profit has plunged 62.6% to £22.74m in the year to January 27 due to the “tough trading environment” and £44m investment in stores and systems across the period.
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NewsFurniture retailer Jysk to step up UK expansion
Danish furniture retailer Jysk is to open three new stores in the UK, ahead of a “significant roll out”.
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AnalysisProfile: Westfield MD Michael Gutman
Westfield UK and Europe managing director Michael Gutman is going for gold after Stratford City’s Games success.
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NewsWestfield mulls a sale of its Bradford site
Westfield is considering a sale of its controversial stalled shopping centre development site in Bradford.
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NewsHMV to open new multichannel store with cafe and wi-fi
HMV is to open a new format store that will include a café, wi-fi and mobile re-charging connection points in what it describes as a “marked departure”.
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GalleryIn pictures: Ted Baker opens Fifth Avenue flagship store
Ted Baker opened the doors to its flagship Fifth Avenue store in New York on Thursday – its largest in the US.
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OpinionComment: Wilkinson gives value a run for its money
Shopping at value retailers actually terrifies me. The overstocked, overcrowded stores make the shopping trip a mission to get in and out of the shop as soon as is physically possible so I can breathe again.
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NewsAnalysis: Majestic Wine prospers in the economic downturn
The specialist wine retailer Majestic Wine is thriving despite the depressed economy.
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AnalysisThe South African retail market: What do retailers need to know?
Sir Philip Green’s decision to take Topshop and Topman into South Africa reflects growing interest in this market.
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NewsStefano Pessina praises UK's culture of innovation at Government retail summit
Alliance Boots executive chairman Stefano Pessina praised the UK retail sector’s unique openness to innovation in a presentation at the Government’s Business Summit for Retail, Food and Drink at Lancaster House today.
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NewsBoots to open 100 more Thailand stores
Boots will more than double its store estate in Thailand over the next three years, totalling more than 300 shops.
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AnalysisRetail Week on the Road: Midlands
We visit Birmingham, Wolverhampton, West Bromwich, Nottingham and Leicester.