All Property articles – Page 275
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News
Wolverhampton shopping centre plans to be scrapped
Plans to build a £300m shopping centre in Wolverhampton look likely to be scrapped after a report for the council found that the financial risks of investing public money in the scheme are too great.
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NewsFoyles to open first shop outside London in 70 years
Bookseller Foyles is to open its first shop outside London for 70 years, in Bristol’s Cabot Circus.
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NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
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NewsScottish Parliament committee raises questions over planned levy on large retailers
The Scottish government is again being urged to reconsider its proposed levy on large retailers, as a report by the Scottish Parliament’s Finance Committee questions how the policy will support town centre retailing.
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NewsRestructuring specialist plots turnaround of HPJ Jewellers
Gordon Brothers understood to be negotiating rents on stores but has administrators on standby
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NewsAsda to open 22 new phone concessions this year
Asda will open another 22 phone shop concessions this year after a successful trial of two of them in its Manchester Eastlands and Sutton Coldfield superstores.
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NewsTesco's JV with British Land refinances 8-store portfolio
Tesco’s joint venture company with British Land, BLT Properties, has refinanced its superstores portfolio.
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NewsO2 to close 40 stores and invest in remainder
Phone retailer and telecomms firm O2 is to close 40 of its 493 stores this year and instead invest in its best performing shops.
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AnalysisHow many stores does a retailer need?
Could HMV’s decision to downsize signal a more general trend for retailers to slim down their property portfolios, asks Nicola Harrison
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News
A third of Woolworths stores still vacant two years after closure
A third of Woolworths’ 800 former stores still lie empty two years after the shutters came down, and experts believe that they are likely to remain vacant because of their locations.
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NewsAccessible stores give Blue Inc a festive boost
Fashion specialist Blue Inc, which is considering a flotation, generated a sales uplift over Christmas helped by the accessibility of its stores.
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NewsAsda unloads 39 Netto stores
Asda has sold 39 of the 47 Netto stores it had to dispose of as part of its £778m acquisition of the retailer in summer last year.
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NewsAsda sells 39 Netto stores as part of OFT disposal deal
Asda has sold 39 out of the 47 Netto stores it had to dispose of as part of its £778m acquisition in summer last year.
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NewsRussian oligarch Mamut increases his stake in HMV
Russian oligarch Alexander Mamut has increased his stake in HMV again, to more than 6%.
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NewsDunelm's Christmas like-for-likes slide
Dunelm Group has reported a like-for-like sales fall of 4.2% in its second quarter over the Christmas period, resulting in a like-for-like dip of 1.2% for its first half.
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NewsSir Philip Green to 'double' Topshop sales
Arcadia boss Sir Philip Green is aiming to double sales at Topshop within the next five years, through an ambitious programme of international expansion at the young fashion chain.
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AnalysisRetail resolutions for 2011
All the signs are that 2011 will be a tough year for retail, so how can businesses prepare? Charlotte Hardie and Rebecca Thomson report
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NewsHMV to shut 60 stores as it issues profit warning
HMV has outlined plans to shut 60 of its HMV and Waterstone’s stores in the next 12 months as sales have continued to fall over the Christmas trading period and the retailer warned on profits.
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NewsBluewater records highest ever Christmas footfall as Sales pull in crowds
Shopping Centre Bluewater said it experienced a record Christmas, recording its highest ever footfall of 28.1 million.
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NewsSeasonal footfall up at Glasgow's St Enoch
Glasgow’s St Enoch shopping centre recorded a 20% year-on-year rise in footfall during Christmas week as shoppers avoided the cold weather and chose to do their shopping under cover.