All Property articles – Page 251
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NewsThe Perfume Shop eyes 2012 growth after strong Christmas
The Perfume Shop delivered a strong Christmas performance as like-for-likes traded up 4.5% driven by “flexible and competitive” offers.
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AnalysisThe secrets of a successful store
In this exclusive extract from former Ikea chief executive Anders Dahlvig’s book, he assesses what makes a great shop.
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AnalysisBuild-a-Bear Workshop: The bear necessities
Launched 14 years ago, Build-a-Bear Workshop still enjoys healthy success. By Charlotte Hardie.
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NewsTesco’s expansion into India undeterred by FDI uncertainty
Tesco has reiterated its commitment to expansion in India despite the false dawn of proposed changes to the rules on multi-brand Foreign Direct Investment (FDI).
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AnalysisBeating a UK retreat
As Best Buy officially pulls out of the UK this weekend, Charlotte Hardie considers why it and many other international big shots have failed in their bid to conquer the UK.
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NewsAlshaya to revamp La Senza stores and product as it hires CBRE
La Senza’s new owner Alshaya will introduce new product lines and revamp stores as part of its plan to turn around the ailing lingerie brand.
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News
Target announces Canadian store locations
Target has announced the locations of its first 24 stores in Canada. The Ontario stores will open in March and early April 2013 in London, Kawartha Lakes, Newmarket, Milton, Cambridge, Toronto, Mississauga, Ajax, Orillia, Brampton, Windsor, Burlington, Aurora, Fergus, Hamilton, Guelph, Waterdown and Whitby. Target Canada president Tony Fisher said ...
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NewsLa Senza sold to Alshaya UK
Troubled lingerie chain La Senza has been sold to the UK division of Middle Eastern trading house Alshaya following a pre-pack administration.
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NewsDunelm margins improve as like-for-likes grow 1.1%
Dunelm like-for-likes increased 1.1% in the 26 weeks to December 31 and it expects first half pretax profit to come in at about £52m.
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NewsJD formally acquires Blacks
JD has formally acquired Blacks Leisure for £20m from administrator KPMG.
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OpinionThe end of shopping
Will 2012 be the year in which retailers finally stop opening stores, or will things be somewhat more complex?
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GNC to expand outside the US
Nutritional specialist GNC is to expand outside the US, with plans for more than 200 new international stores, chief executive Joe Fortunato told the Pittsburgh Tribune-Review. The openings include new market entries in Russia, Brazil and the EU.GNC, which already operates about 2,500 international stores, also plans 160 new stores ...
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AnalysisWhich are the most exciting emerging markets?
So where will you head off to in 2012? To help plan your international forays this year, Rebecca Thomson considers some of the most exciting emerging international retail markets in the most unlikely of places.
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Convenience store operator Lawson plans store increase
Japan-based convenience store operator Lawson plans to acquire Chinese retail chains to increase its stores in China to about 5,000 by 2015, president Takeshi Niinami said in an interview with Kyodo News. Lawson has so far opened about 340 convenience stores in Shanghai, Chongqing and Dalian.Niinami also said that although ...
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OpinionM&A climate poised for improvement
Private equity needs to go shopping in 2012, and global M&A activity will continue despite market volatility.
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News
Ikea to open South Korean store in 2014
Ikea has acquired a 841,715 sq ft plot in Gwangmyeong, Gyeonggi Province, Chosun Ilbo reports. The home furnishings retailer plans to open a store on the site in 2014.Ikea Korea said that, to cater for local consumer habits, delivery and assembly services would be provided through a subcontractor.
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AnalysisSun European Partners: What do retailers need to know?
The bold acquisitions of Jacques Vert and American Golf prove that deals can be made during tough economic times.
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NewsResponse to Portas will not be brought forward
The Government will not bring forward its response to Mary Portas’s high street review despite calls from an MP to speed up the process after a run of retail administrations in the past month.
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NewsThe ‘right mix’ puts a spring in Schuh’s step
Footwear retailer Schuh has revealed an 8.2% increase in pre-tax profit to £14.8m in the year to March 27, 2011 after benefiting from having the “right product mix”.
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News
Primark to open its first store in Austria
Value fashion retailer Primark is to open its first store in Austria at the Sillpark Shopping Centre in the city of Innsbruck. The store is due to open in the later part of summer this year and is expected to have a sales area of about 43,055 sq ft.The Austrian ...