All Property articles – Page 40
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NewsDebenhams suffers biggest ever loss, plans 50 closures
Debenhams has slumped to its biggest ever statutory loss and revealed it is to accelerate store closures in a bid to transform its fortunes.
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OpinionRetail’s next tech tidal wave is closer than you think
It’s not just the high street that’s changing, it’s the entire retail landscape.
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NewsChancellor mulls £300m business rates lifeline
Chancellor Philip Hammond could offer high street retailers a lifeline by slashing business rates by £300m in the UK’s most deprived towns and cities.
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NewsDebenhams could close one third of stores
Debenhams could close one third of its stores following a string of profit warnings and poor trading.
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NewsIntu mulls potential bid from Whittaker-led consortium
Property giant Intu is considering a preliminary takeover offer from a consortium formed by Saudi Arabian and Canadian investors and led by John Whittaker.
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AnalysisData: Empty stores by parliamentary constituency
The business rates burden borne by retailers will increase by £180m, from next April. As high streets face further pressure, find out here how many stores lie empty in your area.
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NewsNew Look to exit China as 120 stores face axe
New Look is to pull the plug on its Chinese business as it focuses efforts on turning around its core UK division.
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NewsSports Direct acquires HoF Glasgow property for £95m
Sports Direct has bought House of Fraser’s property on Glasgow’s Buchanan Street outright in a bid to create the ‘Harrods of the North’.
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VideoWatch: Ikea unveils city centre format in strategic shift
Ikea has launched its first new-format city centre store on London’s Tottenham Court Road.
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NewsWHSmith to close high street stores amid falling profits
WHSmith’s high street profits and sales fell during its last year, with the business boosted by its travel arm.
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NewsWilko swings to red as exceptional costs rack up
Wilko posted a pre-tax loss due to one-off costs as sales rose, in what chief operating officer Sean Toal described as a “tough trading environment”.
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OpinionOpinion: Follow Lewis' lead and pressure MPs on rates
Tesco chief executive Dave Lewis was on the nail when he called this week for radical change to the business rates regime, which is holding back the retail industry’s success.
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NewsSelfridges Group names Pitcher boss amid senior changes
Selfridges had made a raft of changes to its top management team as it prepares for further growth.
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VideoMatchesfashion.com boss on navigating a changing world
Matchesfashion.com has transformed in the 31 years since it was founded. Retail Week spoke to boss Ulric Jerome about its reinvention.
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NewsMountain Warehouse abandons Zakti store format
Mountain Warehouse is abandoning its Zakti standalone store format and will rebrand all of its existing shops in a reshuffle of its estate.
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NewsAmazon seeks UK properties for Go stores
Online powerhouse Amazon is on the hunt for UK retail properties for its checkout-free grocery arm, Amazon Go.
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VideoWatch: Inside Instagram's London pop-up
Instagram launched its first UK pop-up store to showcase its commerce capabilities. We spoke to the platform’s head of brand development about its retail ambitions.
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NewsIntu deputy chairman plots takeover after share price plummets
Intu’s deputy chairman John Whittaker is plotting a takeover of the group following a fall of more than 40% in its share price this year.
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NewsWalgreens to launch in-store pilot with Birchbox
US pharmacy giant Walgreens has acquired a minority stake in beauty subscription business Birchbox and will trial selling the beauty etailer’s range in-store.
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AnalysisAnalysis: Will Amazon's 4-star store move the dial?
The ever-experimental Amazon has launched its latest foray into bricks and mortar. Last week, the etail titan unveiled Amazon 4-star in New York.