All Property articles – Page 27
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NewsSports Direct drops Debenhams CVA challenge
Sports Direct has withdrawn its legal challenge to Debenhams’ CVA – but will continue to fund the objection lodged by one of the department store chain’s landlords.
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NewsLego to open two new UK stores this year
Lego is set to open two new stores in the UK this year, both at flagship shopping centres owned by Hammerson.
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NewsHomebase rescues Bathstore from administration
Homebase has rescued Bathstore from administration, taking on more than 40 of its stores and saving 154 jobs.
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NewsBen Sherman owner eyes Jack Wills acquisition
The owner of fashion label Ben Sherman, Marquee Brands, is among those eyeing a potential acquisition of troubled Jack Wills.
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OpinionOpinion: Token gestures cost less than rent and rates reform
Last year’s announcement of yet another high street taskforce had me channelling the cultural icon that is Brenda from Bristol as I shouted across the office “What, another one??!!”.
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AnalysisAnalysis: The winning strategy for the store of tomorrow
Competitive pressures faced by today’s retailers have forced a reimagining of the store in order to appeal to more demanding consumers.
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NewsWaitrose offloads seven stores putting 700 jobs at risk
Waitrose & Partners is to pull down the shutters on seven branches as it focuses on profitability, affecting almost 700 employees.
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NewsArcadia and Topshop CVAs challenged by property group
The CVAs of Arcadia Group and Topshop Topman face opposition from a US property owner.
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AnalysisRetail property 2030: fewer shops, cheaper rents, indie anchors
As declining footfall, spiralling business rates and the ongoing penetration of ecommerce lead to a perfect storm for the shop, Retail Week looks at what the future holds for retail property.
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NewsData: Physical stores ‘halo effect’ boosts online sales
New research shows that retailers without a bricks-and-mortar presence experience much lower sales in areas where competitor retailers maintain physical stores.
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NewsArcadia eyes footwear brand to fill prime Oxford Street site
Arcadia has lined up an American footwear brand to fill its prime Oxford Street site that was formerly occupied by its Miss Selfridge brand.
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OpinionOpinion: How many more tomorrows will the City give Ocado?
Ocado has today reported a big slump in half-year profit – yet the City remains, for now at least, fairly sanguine.
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NewsGreen’s overseas assets targeted by pensions watchdog
Sir Philip Green’s overseas assets could be plundered by The Pensions Regulator as it bids to secure payments promised to the Arcadia pension scheme.
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NewsTesco to launch 750 c-stores in Thailand expansion push
Tesco is preparing to fire the starting gun on an ambitious expansion plan in Thailand that will see it open 750 convenience stores over the next three years.
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NewsMonsoon Accessorize CVA passed by creditors
Monsoon Accessorize’s CVA has been passed by its creditors, paving the way for hefty rent reductions at around half of its stores.
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NewsDay turns screw on Bonmarché by imposing offer deadline
Philip Day, owner of the Edinburgh Woollen Mill Group, has put a deadline on his his offer to buy Bonmarché over concerns about its ability to operate as a going concern.
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NewsBoohoo to open London event space and showrooms
Boohoo has taken event space and showrooms in London’s West End, marking the formerly pureplay retailer’s first foray into bricks and mortar.
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NewsItalian womenswear brand Stefanel in administration
Italian fashion brand Stefanel UK arm has crashed into administration and is set to close both its London stores.
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NewsThe Hut Group makes first foray into bricks and mortar in Manchester
The Hut Group has completed the purchase of a building that formerly housed a Jamie’s Italian restaurant in Manchester, marking its first move into bricks-and-mortar retail.
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AnalysisAnalysis: Why New Look and Carpetright’s CVAs are working
Despite their recent surge in popularity for cash-strapped retailers, CVAs are known to be a notoriously unreliable way of saving a business.