All Property articles – Page 23
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NewsBritish Land retail property portfolio haemorrhages tenth of value
British Land is the latest institutional landlord to suffer as the high street malaise reduced its retail property portfolio values by a tenth.
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NewsWest End to receive £2.9bn ‘rebirth’ fund
London’s Oxford Street and its surrounds are set to receive £2.9bn in additional investment by the end of 2022, which will “catalyse the birth of a new West End”.
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OpinionPeter Williams: In 2019, retailers may as well pull Christmas forecasts from a hat
With the peak trading season for many retailers just kicking off, this is the time of year for finance directors to be at their most anxious as they focus on their forecasts for the financial year.
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NewsLandsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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NewsLidl targets 1,000 stores as pressure grows on big four
German discounter Lidl is eyeing rapid store expansion as it looks to ramp up the pressure further on its big-four supermarket rivals.
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NewsAlibaba ramps up team as it eyes UK high street expansion
Chinese ecommerce giant Alibaba is building up a retail team as it eyes a possible move on to the British high street.
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NewsClintons to close stores and slash rents in survival bid
Clintons has been forced to reach out to landlords to seek concessions on store closures and rent cuts, as the greetings card chain becomes the latest high street retailer to suffer.
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NewsLovehoney unveils first bricks-and-mortar pop-up
Lovehoney has launched its first physical pop-up store in London in a bid to “experiment” with educating customers about their sexual happiness offline.
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NewsMamas & Papas to close six stores after pre-pack administration
Mamas & Papas has closed six stores and will be reviewing operations at its head office which could lead to as many as 127 redundancies across shopfloor and back office.
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NewsLandsec pledges to be net zero carbon business by 2030
Landsec has unveiled a new environmental sustainability strategy making it the first major landlord to commit to reducing emissions in line with the target to keep global warming to no more than 1.5°C.
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NewsIkea sales rise as global transformation takes hold
Ikea has reported an increase in total sales as the first year of its global transformation programme has taken hold.
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NewsIntu’s outlook ‘remains confident’ despite market conditions
Shopping centre owner Intu has made progress with the strategy set out in its interim results despite “challenging market conditions”.
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NewsPrimark profits rise as it eyes international expansion
Primark has posted an increase in full-year profits and set its sights on further international expansion, despite declining like-for-like sales.
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OpinionLeader: Will Mothercare administration signal death knell for CVAs?
As recently as May, having won approval for a CVA last year, Mothercare chief executive Mark Newton-Jones was bullish about the retailer’s turnaround prospects.
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NewsPhilip Green races to repay £300m loan before Christmas
Sir Philip Green is in a race to raise some £300m before Christmas to repay a loan secured against Topshop’s London flagship.
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Retail VoiceWhy creating communities around shopping centres is good business
Shopping centres wishing to become retail destinations need to capitalise on surrounding land, says intu
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Report Store10 of the Brands Shaping the Future of Shopping Centres
How insight and innovation are changing the shopping centre mix inside and out
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AnalysisAnalysis: How Westfield is beating the shopping centre downturn
The owner of Westfield London and Stratford reported an increase in sales and footfall over the first nine months of 2019. Retail Week looks at how Westfield is beating the wider shopping centre malaise.
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NewsWestfield owner reports increased footfall and sales
Unibail-Rodamco-Westfield registered increased tenant sales and “strong footfall growth” across all its locations.
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GalleryNordstrom unveils ‘new concept’ New York department store
Nordstrom has opened a womenswear and children’s clothing flagship store in New York City – opposite its menswear store, which opened in April 2018 – that brings the “unique Nordstrom offering to life”.