All Property articles – Page 49
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NewsPoundworld plots up to 100 store closures in CVA plan
Poundworld is preparing to launch a CVA, which could see it close up to a quarter of its store estate.
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AnalysisThe tech being trialled for cross-selling in-store
Giving shoppers reasons for buying more may be a matter of telling stories, online or offline, but what works and what are the potential pitfalls?
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NewsCarpetright investor builds stake ahead of CVA vote
Carpetright’s biggest investor, hedge fund Meditor Capital Management, has upped its stake in the retailer almost to the level that would oblige it to make a formal takeover offer.
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Analysis
World Retail Congress: The top takeaways
The three-day World Retail Congress 2018 was a forum for retailers from around the globe to discuss and shape their future. Here are just some of the need-to-know nuggets for UK retailers.
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OpinionOnline or offline? It’s not an either-or choice
Even by the standards of retail, always one of the most adaptive of industries because of its closeness to consumers, the pace and depth of change has seldom been as fast as at present.
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OpinionWhy are retailers overhauling their warehouses?
The retail warehouse is having to work harder and more efficiently than ever before – and retailers are overhauling their logistics operations to future-proof their businesses.
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News
Bonmarché sales fall as store performance slumps
Bonmarché has suffered a decline in full-year sales as online growth failed to offset “disappointing” performance across its store portfolio.
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NewsHouse of Fraser drafts in advisers as it mulls CVA
House of Fraser has drafted in advisers as the embattled department store business ramps up its turnaround plans.
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NewsHammerson board makes U-turn on £3.4bn Intu deal
Hammerson has made a dramatic U-turn on its proposed acquisition of Intu, claiming the deal is “no longer in the best interests of shareholders”.
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NewsFootfall falls in March as shoppers abandon high street
Shopper numbers declined ”substantially” last month as a “longer term trend” of reduced footfall has started to emerge.
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NewsSelect to slash rents as CVA voted through
Select’s creditors have voted through a CVA designed to cut its rental costs and save 2,000 jobs.
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GalleryIn pictures: The charity shop reimagined by Harrods
Harrods has launched a charity shop with a difference, with all proceeds going to the NSPCC in London.
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NewsKlépierre abandons bid for rival mall owner Hammerson
Klépierre has pulled the plug on its attempts to buy Hammerson – paving the way for the latter to complete its acquisition of rival Intu.
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NewsQuiz sets out ambitions to enter Chinese market
Quiz plans to enter the Chinese market in a bid to power up its overseas sales growth, Retail Week can reveal.
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NewsToys R Us to close remaining UK stores this month
Toys R Us UK will pull down the shutters on its stores for the final time in less than a fortnight.
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NewsHammerson rejects revised offer from Klépierre
Retail property giant Hammerson has knocked back a revised offer from French counterpart Klépierre.
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NewsStore openings slow during tough year for retailers
New high street store openings slipped to the lowest level since 2010 last year.
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OpinionOpinion: Challenge facing Mothercare's new, new boss
Mothercare, it is understood, is the latest retailer to be considering a CVA and could shut about a third of its 143 shops if it proceeds.
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NewsMothercare mulls CVA as new boss parachuted in
Mothercare is considering joining the likes of New Look and closing stores in an attempt to survive market pressures.
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AnalysisThe disruptors: Retail property reinvented
The property sector is the latest focus of Retail Week’s ‘The disruptors’ series, as we highlight the businesses creating waves across the industry.