All Property articles – Page 243
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NewsMothercare poised to fast-track store closures
Mothercare is expected to reveal it is speeding up its store closure programme when it unveils the conclusion to its strategic review in May, analysts believe.
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Drugstore operator CVS plans 25 Beauty 360 store closures
Drugstore operator CVS plans to close all 25 stores of its fledgling beauty business Beauty 360 by May 19. The Beauty 360 ecommerce business will also cease operations on the same date.CVS director of public relations Erin Pensa said the company “has made the decision to refocus our efforts on ...
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NewsGame customers lose out as loyalty points scrapped
Game customers could be left with unredeemed gift cards and loyalty points after it collapsed into administration yesterday.
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NewsGame: Full list of store closures revealed
Entertainment retailer Game has today closed 277 stores after calling in administrators this morning.
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NewsGame: 2,104 job losses as 277 stores close
Game administrator PwC has confirmed it is in discussions with interested parties after revealing the closure of 277 stores, resulting in 2,104 job losses.
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NewsM&Co to launch in Middle East
Scottish fashion retailer M&Co is to launch in the United Arab Emirates and is planning 30 stores in the region.
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NewsLily Cole to front Body Shop campaign as new format is unveiled
The Body Shop has unveiled model Lily Cole as its new brand ambassador as it launches a new store concept.
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Zara launches global concept store in New York
Inditex-owned clothing retailer Zara has launched a global concept store in New York with revamped architecture and a new interior design scheme.The store, at Fifth Avenue and 52nd Street, is the retailer’s largest in the US, comprising more than 32,300 sq ft spread over three floors.The store design emphasises simplicity ...
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NewsRed 5 mulls pop-up shop strategy
Red 5 is considering a new property strategy that would mean the gadgets retailer replacing the majority of its permanent stores with pop- up shops to combat expensive rental costs.
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AnalysisAuchan pins hopes on China for future growth
French retailer Auchan hopes its Chinese operations will drive growth because sales in Western Europe are expected to remain flat.
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NewsCath Kidston: Booming sales for the kitsch retailer
Booming sales at the retailer reflect two years of rapid growth under its private equity owner.
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NewsMoss Bros to revamp Regent Street flagship
Menswear group Moss Bros will unveil its upmarket, newly refurbished flagship Regent Street store on Thursday.
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NewsSainsbury’s confident that big stores have future as sales rise
Sainsbury’s boss Justin King has affirmed confidence in his big-box stores after Morrisons chief Dalton Philips warned that grocers’ giant sheds would become “a blip in the history of retail” as online grows.
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GalleryBookseller Watermark makes UK debut
Bookseller Watermark made its UK debut in London’s King’s Cross station this week as part of the unveiling of the remodelled concourse.
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NewsPotential buyers circle Game
Beleaguered entertainment retailer Game was being circled by potential buyers within hours of putting administrators on standby yesterday.
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Ikea plans first Croatian store
Home furnishings retailer Ikea plans to open its first store in Croatia at the end of 2013, the Croatian Times reported.Following a meeting with company officials, the Swedish ambassador to Croatia, Fredrik Vahlquist, said long-term plans included the opening of two more stores in Rijeka and in the Dalmatian city ...
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NewsComet earmarks 60 shops for closure
Comet has earmarked 61 stores for closure as it seeks to slash costs in a tough electricals market.
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Hard discounter BIM to enter Egypt
Hard discounter BIM says it will enter Egypt in the first half of 2013. Investments are planned to reach TRY25m (£8.7m) by 2014, according to Today’s Zaman. Algeria would also be of interest, the retailer said.During 2011, BIM’s net sales for the full year climbed 24.6% to TRY8.19bn (£ 2.8bn) ...
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H&M to open Cos store in Warsaw
Clothing retailer H&M has revealed it will open a Cos store in Warsaw, Poland, this summer.It will be in the Mysia 3 development near the central Wolf Bracka district. Trading from two floors and 5,382 sq ft, it will carry the full collection – women’s, men’s and childrenswear.There are 46 ...
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NewsPoundland acquires eight Peacocks stores
Single price point retailer Poundland has confirmed it has acquired eight former Peacocks shops and is in discussions to take on more.