All Property articles – Page 294
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News
International still the future for Abercrombie & Fitch
US fashion retailer Abercrombie & Fitch said that overseas expansion remains “the future” for its brands as global operations continued to prop up its struggling US arm.
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NewsNewcastle’s Eldon Square opens £170m extension
The £170m extension of Newcastle’s Eldon Square shopping centre opens today introducing new retailers to the city along with key flagship stores.
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NewsHome Bargains launches £25m Northern Ireland expansion programme
Value retailer Home Bargains has launched a £25m expansion programme under which it will open in Northern Ireland for the first time.
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OpinionWeak retailers need to be weeded out
UK retail, particularly fashion, has too many weak brands and too many stores. If consolidation does turn out to be the theme of 2010, that won’t be such a bad thing.
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NewsPeterborough Garden Park opens this week
Garden Park Investments’ £25m Peterborough Garden Park opened its doors this week.
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NewsDutch fashion player McGregor launch for UK
Upmarket Dutch sportswear retailer McGregor is on the hunt for its first UK stores.
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NewsSuits You offers better terms to secure CVA
Suits You owner Speciality Retail Group’s proposed company voluntary arrangement is expected to be backed by landlords as the retailer attempts to offer more amenable terms than previous CVAs.
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NewsNext to anchor delayed Leeds scheme
Next has signed for an anchor store in the planned Trinity Leeds development, where it will open one of its largest shops.
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AnalysisWhere did it all go right?
With the fate of many UK high streets hanging in the balance, Mark Faithfull looks at five very different towns that are striving to prove there is still a place for local shopping — Derby, Rotherham, Morpeth, Plymouth and Ludlow
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News
Retail landlords urged to contribute to BIDs
Landlords and developers should contribute to Business Improvement Districts (BIDs) as well as the retailers that occupy their buildings, leading figures from both the retail and property sector said this week.
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NewsScottish retailers ‘hindered by business rates policy’
Retailers in Scotland will be harmed by the Scottish Government’s failure to introduce business rates transitional arrangements, according to the Scottish Retail Consortium.
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NewsNo new developments in pipeline for British Land
The UK’s second-biggest landlord British Land said it has no imminent plans to begin any new property developments as it revealed strong figures for its third quarter.
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NewsShop vacancies rise to 12% across UK
Shop vacancies have increased to 12.4% in the six months to December 31, compared with 10% in the previous six month period.
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NewsIncrease in CVAs expected
Further company voluntary arrangements (CVA) are expected in the next few months as the lagged impact of the recession takes effect, restructuring expert KPMG said.
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OpinionWhen good news is bad news
Croydon has been waiting years for the arrival of John Lewis. The fact it’s going out of town is a hammer blow to the town centre.
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NewsJohn Lewis to invest a further £7.5m in home format
John Lewis will open its second home store, John Lewis at home, in Croydon in the autumn and has committed to investing a further £7.5m in the format.
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NewsFocus DIY asks for rent holiday as snow hits sales
Focus DIY has asked landlords for a rent holiday as the snow last month hit sales.
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News
Système U widens its network
Système U president Serge Papin told French trade magazine LSA that 2009 was one of the best years for the group, with the retailer adding 1.6 million sq ft to its network.Net sales were up 3.3% (excluding fuel) to E14.5bn (£12.66bn). Papin claimed that the company was the only retailer ...
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AnalysisA vicious circle of high street neglect
As our “Manifesto for the High Street” campaign continues, we look at the damage empty shops are doing to our towns with surveys of Wolverhampton and Margate
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NewsSuits You confirms CVA proposal
UPDATED: Menswear retailer Speciality Retail Group (SRG), which trades as Suits You, has proposed a Company Voluntary Arrangement (CVA), as predicted by Retail-Week.com this morning.