All Property articles – Page 313
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NewsWestfield London backs down over service charges
Westfield has backed down over a dispute with tenants over service charges after months of wrangling with retailers at its London shopping centre.The Australian landlord had been battling with retailers including House of Fraser and Debenhams over charges at the centre. Westfield London had charged £14 per sq ft, about ...
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NewsJJB Sports CVA hailed as ‘sea change’ in retailer-landlord relations
JJB Sports executive director Peter Williams said the approval of its company voluntary arrangement marks a “sea change” in the relationship between retailers and landlords.
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NewsNew Look to rival fashion giants as it aims to double trading space
New Look is aiming to double its trading space to over 7 million sq ft in the UK, putting it in the running to become Britain’s biggest fashion retailer by floor space.
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Irish government considers rent legislation to protect retail sector
Ireland’s Justice Minister Dermot Ahern has threatened to legislate against upwards-only rent reviews unless landlords take a “flexible and pragmatic approach” to helping retailers through the recession as the country suffers its worst retail sales slump for 25 years.
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NewsDutch fashion player chases Piccadilly Circus site
Dutch fashion group The Sting is understood to be one of three retail names to have made offers on the iconic former Tower Records store at Piccadilly Circus.
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NewsCelebrities back TK Maxx over Piccadilly Circus store
Publicist Max Clifford has enlisted the backing of celebrities such as girl band The Saturdays in an attempt to persuade the Crown Estate to allow designer discount chain TK Maxx to open a shop on London’s Piccadilly Circus.
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NewsWHSmith considers increasing presence in overseas airports
WHSmith is contemplating further overseas expansion of its travel business by opening in more foreign airports.
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NewsPeacock Group signs two for White River Place
Peacock Group is to open two stores at White River Place in St Austell, Cornwall.
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OpinionCrown Estate shouldn’t forget how tough things are
Perhaps nobody told the Crown Estate, but the days of snobbery towards value shops are over.
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NewsBoris Johnson launches campaign to promote West End business
Mayor of London Boris Johnson has unveiled a campaign to encourage more people to visit London’s West End.
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NewsTK Maxx ‘not posh enough’ for Piccadilly
TK Maxx is locked in a bitter dispute with the property company that runs the Queen’s estate over a deal to open a flagship store at London’s Piccadilly Circus after it decreed the retailer was “not posh enough” to trade at the capital’s famous landmark.
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NewsKingly Court gains new retailers
London shopping destination Kingly Court – off Carnaby Street – has attracted a raft of new retailers.Dress label Darimeya opened its flagship store at the scheme last week and will sit alongside mens- and womenswear brand Carte Blanche, 1950s-inspired fashion and corsetry brand Nikita Sablier, and homewares retailer Supermice.Kingly Court ...
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NewsThree retailers set to open in Cambridge’s Grand Arcade
Calvin Klein, Kurt Geiger and Jack & Jones are set to open stores in Cambridge for the first time.All three have taken stores at the Grand Arcade shopping centre, which is owned by Grand Arcade Partnership, a joint venture between Grosvenor and Universities Superannuation Scheme.They join brands already trading in ...
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OpinionShopping centre security is a balancing act retailers must get right
The news that the averted Easter bomb plot was targeting shopping centres will have come as a sobering reminder to retailers and landlords about how vulnerable a position they are in.
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Retailers’ expansion abroad continued in 2008 despite downturn
International expansion by retailers continued throughout 2008 despite the tough global economic climate, a report has revealed.
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NewsTesco to ramp up telecoms shops
Tesco is to double the number of in-store telecoms shops in its supermarkets by the end of the year.
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NewsNearly 20,000 jobs threatened by business rates rise
Business rates rises could kill off nearly 600 retail businesses resulting in 19,300 redundancies by 2012, according to the British Retail Consortium (BRC).
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UK retains position as most international market
The UK has retained its position at the top of the international market rankings.According to a survey conducted by property agency CB Richard Ellis, the UK is still home to more international retailers than any other market.As part of the study, How Global is the Business of Retail?, 280 retailers ...
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Shopping centre plans for Europe slow down
More than 75 million sq ft of planned shopping centre development space in Europe has been axed or put on hold as a result of the global downturn.According to a report from property agency Cushman & Wakefield, about 107.6 million sq ft of new shopping centre space will open across ...
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NewsMen’s fashion brand Boggi enters the UK
Italian menswear retailer Boggi has entered the UK market with a store in the West End of London and plans to open at least four more in the Southeast.It has opened on Jermyn Street – famed for its upmarket tailored menswear stores – and has signed for a second unit ...