All Property articles – Page 325
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News
M&S to axe roles after capital expenditure cuts
Marks & Spencer is to axe dozens of jobs after deciding to scale back its store expansion and refurbishment plans.
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News
Aldi and Travelodge to open on joint premises
Aldi and Travelodge have joined forces to launch hybrid supermarket-hotel developments to serve cost conscious consumers in the downturn.
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News
String of up-for-sale MFI stores set to shut
Some of the 81 MFI stores placed into administration last week are to close because no purchasers have been identified.
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Analysis
Retailers snap up former pub and petrol station spaces
As many petrol stations and pubs fold in the unforgiving climate, canny retailers are snapping up their space for its convenience.
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News
Livingston shopping centre to reveal Elements Square extension
The 130 million extension to the Almondvale shopping centre at Livingston in Scotland is set to open on Thursday.
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News
Habitat axes more stores to staunch losses
Furniture retailer Habitat is continuing with a programme of store closures as part of its plans to revive its fortunes.
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News
Landlords believe switch to monthly rents is inevitable
Landlords increasingly believe they will have to cave in to retailers’ demands to pay rent monthly rather than quarterly, as a study this week revealed the landlords’ weakening position in the difficult economic climate.
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Opinion
Monthly rents cease fire?
Last week’s coming together of retailers and landlords over the vexed question of rental payment periods was more of a détente than a clash of the titans.
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News
Woolworths to sell nine store leases to Tesco
Variety store group Woolworths has struck an agreement to sell the leases on up to nine stores to Tesco for up to 9 million and will use the cash to reduce borrowings.
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News
Jagtiani targets 250 stores as he mulls global prospects
Dubai-based retail group Landmark is to open a raft of stores and launch in new markets as well as create a Middle Eastern department store format.
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News
Leeds’ Clarence Dock development to unveil retail phase
The retail area of the 260 million Clarence Dock scheme in Leeds is due to open tomorrow.
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Analysis
Westfield: Down and out in Derby?
Westfield’s UK centre debut in Derby has been a success, but its arrival has unsettled the rest of the city centre. A year on from its opening, Ben Cooper examines the extent of the fallout.
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News
CACI: London and Southeast hold key to discounter growth
A report from location analyst CACI pinpoints London and the Southeast as presenting the greatest opportunity for discount retailers.
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News
Out-of-town sites lose shoppers
Shoppers are shunning out-of-town centres as the poor economic climate continues to affect consumers.
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News
West End needs £24m Olympics lift, says council
Retail in London’s West End is under serious threat unless investment is increased ahead of the 2012 Olympics, Westminster City Council warned this week.
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News
Bestseller eyes sites to treble UK stores
Danish multibrand fashion retailer Bestseller Group plans to treble its UK store portfolio by the end of next year.
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Opinion
A tense time for landlords and retailers
There have been some pretty serious conversations between landlords and retailers in the past week as the arrival of the September quarterly rent day last week brought two issues to a head.
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News
MFI retail and property divisions placed into administration
MFI placed its retail and property divisions into administration yesterday after the completion of a management buyout led by chief executive Gary Favell.
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Analysis
Out of the way?
The rise in petrol prices might have got some in the out-of-town game worried, but there are plenty of others who believe that transport links are not an issue. Mark Faithfull investigates.
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Analysis
It's goodbye from them...
The out-of-town market has had a turbulent year, with several big players falling by the wayside. But there is a new breed eager to fill the voids they have left, reports Ben Cooper