All Property articles – Page 239
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NewsDebenhams first half pretax profit exceeds expecations
Debenhams first half pretax profit has exceeded expectations, increasing 1.4% to £127.1m as its strategy to push international and multichannel drove growth.
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NewsWHSmith records 3% profit rise as like-for-likes slip
WHSmith recorded a 3% rise in trading profits to £74m but like-for-like sales fell 5%.
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NewsLiberty moves into Westfield to cash in on Olympic footfall
Famous department store Liberty is to open a pop-up shop in Westfield Stratford in May in an effort to capitalise on footfall driven by the Olympics.
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NewsMothercare’s Calver to drive online growth
Struggling maternity retailer Mothercare is relying on its new boss, former Amazon executive Simon Calver, to turn around its ailing online business as it seeks to emulate the etail giant in the face of
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JD Sports on the hunt for more acquisitions
JD Sports Fashion is eyeing further acquisitions to fuel expansion despite its Blacks purchase hitting full-year profits.
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AnalysisTesco: What the analysts say
Tesco boss Phil Clarke unveiled his turnaround strategy for the UK this morning as full year trading profit dipped 1% in its home market. The analyst community has its say on his plans to revitalise the domestic business.
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NewsWest End spend set to hit £10bn by 2020
The West End is forecasted to attract more than £10bn of spending each year by 2020 but only if overcrowding and congestion are tackled, according to a report by New West End Company.
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NewsHotel Chocolat to enter the restaurant trade
Hotel Chocolat is to enter the UK restaurant business with a flagship eatery in London later this year.
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NewsAquascutum collapses into administration
Aquascutum has been placed into administration after the management team was “unable to successfully turn the business around”.
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NewsSwarovski-owned lola&grace to open in Brent Cross
Swarovski-owned accessories retailer lola&grace is to open its second store in Hammerson’s Brent Cross shopping centre in north London.
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OpinionWill wifi in shopping centres kill physical retail?
Shopping centre owner Land Securities’ new wifi initiative, revealed last week, seemed like a controversial move on first sight.
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NewsBurberry half year sales surge
British luxury brand Burberry’s like-for-like retail sales jumped 12% over the last six months with the UK market helping drive growth.
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NewsAquascutum on the brink of collapse
Fashion retailer Aquascutum, owned by Harold Tillman, could be placed into administration as early as this morning, threatening the end of a British heritage brand.
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NewsJaeger acquired by Better Capital
Fashion group Jaeger has been acquired by Jon Moulton’s investment vehicle Better Capital, ensuring the “future of the business”.
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NewsRetailers must refinance £7bn of bank and bond debt in 2012
Retailers have to refinance $11.2bn (£7.1bn) in syndicated bank debt and bonds by the end of the year, with a further $60.6bn (£38.3bn) due by 2018.
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AnalysisAnalysis: How attractive is the Middle East to retailers?
The Middle East has long been an attractive proposition for retailers – a rapidly growing consumer base and shoppers who aren’t afraid of parting with cash have made sure of that.
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AnalysisAnalysis: Will Poundstretcher feel the heat as it expands to the Middle East?
Poundstretcher’s imminent move into the Middle East is bold, making it the first UK value variety store to be truly international, as rivals such as Poundland and 99p Stores have only ventured as far as Ireland.
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NewsTesco set to turn focus on smaller stores
Tesco chief executive is likely to focus on small stores and scale-back store expansion as part of his new strategy for the UK’s largest retailer.
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NewsPoundstretcher on expansion trail as it spots ‘gap in market’
Value retailer Poundstretcher is pursuing an ambitious expansion strategy as it aims for a total of 900 UK stores and prepares to debut overseas in the Middle East.
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NewsPortas Pilots to feature in Channel 4 TV series
Mary Portas is to front a new show on Channel 4 covering the progress of the Government’s town centre improvement pilot schemes.