All Property articles – Page 28
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NewsSports Direct opts for town centre with freehold acquisition
Sports Direct has acquired the freehold of a former TJ Hughes building in a town centre, relocating from a nearby out-of-town retail park in the process.
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AnalysisAnalysis: How technology can save the high street
Hard times on the high street have been thrown into stark relief in the wake of news that Boots may close as many as 200 stores, while a CVA at Arcadia will result in about 50 closures.
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NewsSainsbury’s trials UK’s first meat-free butcher
Supermarket chain Sainsbury’s has opened a meat-free butcher in east London to cater for the growing vegetarian and vegan population.
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NewsMonsoon Accessorize CVA proposal calls for rent cuts
Monsoon Accessorize has published its CVA proposal calling for rent reductions at 135 stores in exchange for £30m in funding and a £10m annual profit-sharing scheme.
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NewsAldi to extend Local stores trial after positive feedback
Aldi is extending the trial of its Local store fascia, following the success of its first such shop that opened in Balham earlier this year.
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NewsMonsoon offers landlords share of profits ahead of CVA
Monsoon Accessorize has rejected landlords’ demands for an equity stake in favour of a share of future profits, ahead of its mooted CVA proposal.
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NewsMonsoon CVA under pressure as landlords cast doubts
Monsoon’s proposed company voluntary arrangement is already facing opposition from large landlords ahead of its reported launch tomorrow, Retail Week understands.
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OpinionOpinion: Time to take a leaf out of Waterstones’ book
It seems a long time ago – some people won’t even remember it – that Amazon was simply an online bookseller.
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NewsUntuckit hires retail property firm as it eyes UK launch
US casualwear brand Untuckit has hired a UK property agency to help it identify possible store locations in London ahead of it launching in the UK.
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GalleryIn pictures: Primark opens Friends-themed café
Primark has opened a Friends-themed Central Perk café in its Manchester store featuring exclusive branded product.
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NewsSmiggle warns owners could pull plug on UK backing
Smiggle has warned that its Australian parent company Just Group could pull the plug on funding for its UK business if economic conditions deteriorate.
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AnalysisArcadia CVA: Saved today, gone tomorrow?
Arcadia’s second attempt to get its CVA approved was successful today. Retail Week explores whether this will be the beginning of Arcadia’s revival or simply a stay of execution
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NewsArcadia CVA passes, safeguarding 17,000 jobs
Arcadia’s CVA has been approved after today’s second creditor meeting when all seven votes passed muster with landlords, suppliers and the pension authorities.
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NewsLidl to plough £500m into London expansion
Lidl is set to open on Tottenham Court Road as part of plans to supercharge its bricks-and-mortar presence in London.
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NewsArcadia CVA on knife edge as Intu rejects revised deal
Arcadia’s biggest landlord operator Intu has rejected the retailer’s revised CVA proposal, but the Topshop owner remains hopeful of salvaging its controversial deal ahead of the second vote on Wednesday.
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NewsSelect CVA gets green light from creditors
Select has secured approval for its second CVA in just over 12 months as 87% of creditors backed its latest proposal.
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NewsSports Direct mounts legal challenge to Debenhams CVA
Debenhams has confirmed that it has received a legal challenge to its CVA from Sports Direct, which boss Terry Duddy has slammed as “an unnecessary distraction”.
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AnalysisIn pictures: Six retailers taking shops to the customer
Taking offers to where the people are could be the new way of ensuring that your proposition is not overlooked. John Ryan reports
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NewsArcadia CVA: Rent cuts reduced as Green plugs gap
Sir Philip Green’s retail empire Arcadia has pledged to reduce the rent cuts proposed in its CVA in a bid to get landlords onside, Retail Week can reveal.
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NewsMonsoon not looking to close stores in CVA
Monsoon is not looking to close any stores as part of its delayed CVA proposal, but it is looking to resize a number of units in its estate as well as slash or even eliminate rents on a number of others.