All Property articles – Page 7
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NewsOxford Street candy stores investigated over tax affairs
Thirty American-style candy stores on London’s Oxford Street are under investigation for allegedly failing to pay £7.9m in business rates.
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NewsHome-working shift threatens ‘permanent scarring’ for city centre trading
The switch to working from home will hit urban retail locations permanently if sustained at present levels, a leading shopper footfall monitor has warned.
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NewsTesco to rent out office space in stores as working habits shift
Tesco has struck a deal with office rental company IWG to create workspaces in shops as hybrid working persists.
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NewsMorrisons sweetens last-ditch McColl’s bid following EG Group swoop
Morrisons has upped its initial offer for convenience chain McColl’s in an eleventh-hour attempt to win the chain ahead of rival bidders EG Group.
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NewsMorrisons’ new owner to sell £500m of grocer’s property portfolio
Morrisons’ new owner Clayton Dubilier & Rice (CD&R) has given the green light to sell off a chunk of the supermarket’s property portfolio.
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NewsM&S Marble Arch flagship demolition to be reconsidered by Mayor of London
The Mayor of London will reconsider the decision to approve Marks & Spencer’s planned demolition of its Marble Arch store following a major backlash.
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OpinionCurrys people chief: ‘Closing our HQ makes us fit for the era of omnichannel colleagues’
After unveiling plans to swap its West London HQ for flexible office space, Currys chief people, communications and sustainability officer Paula Coughlan explains the thinking behind the move and how it sets the electricals giant up for a post-pandemic future.
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Opinion‘A website is not enough for bricks-and-mortar retailers to call themselves multichannel’
A digital-first mindset is not simply about accelerating the growth of online, argues AlixPartners’ Brian Kalms
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Opinion‘Make no mistake – Amazon still has big ambitions in bricks and mortar’
Amazon might be calling time on its bookshops and 4-star stores, but rivals should not be fooled – the etail titan remains hell-bent on making its mark in bricks-and-mortar retail, warns George MacDonald.
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InterviewInterview: How Ikea’s property arm Ingka Centres is reinventing physical retail
As Ikea’s small-format store in Hammersmith prepares to open its doors next week, Retail Week sits down with Cindy Andersen – boss of the retailer’s sister company and property firm Ingka Centres – to discuss the new concept and how the Covid-19 crisis has reinforced its strategic shift to multi-purpose spaces.
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GalleryStore gallery: Walmart unveils new ‘interactive store’ format as part of redesign programme
Walmart has unveiled what it is calling an “interactive store” format, which it is testing at its Store 4108 incubator location in Springdale, Arkansas.
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NewsTycoon Paphitis urges rates reform as strong Christmas follows annual loss
Theo Paphitis has called on the government to “grasp the business rates nettle” as he gave an update on Christmas trading and Ryman posted its first annual loss in more than two decades of his ownership.
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NewsFootfall slumps in post-Christmas week despite New Year’s Eve uplift
Footfall to retail destinations slumped in the week following Christmas despite an uptick in traffic on New Year’s Eve.
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NewsNew Selfridges owners plan to add hotel and apartments to Oxford Street flagship
Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.
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NewsBoxing Day footfall down as Omicron nervousness takes hold
Boxing Day shopper numbers were steeply down on a two-year basis as consumer caution about the spread of the Omicron variant prompted many to stay at home.
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NewsLandsec ups stake in Bluewater as retail values and rents stabilise
Institutional landlord Landsec has upped its stake in shopping centre Bluewater and agreed to sell a share to co-owner M&G as Covid continues to stabilise retail values and rents.
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NewsExclusive: Majestic Wine quits Calais as Brexit booze rules hammer sales
Majestic Wine is calling time on its business in Calais after Brexit regulations decimated the traditional ‘booze cruise’.
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AnalysisResearch: 49% of retailers opening stores on local high streets, 59 CEOs reveal
Half (49%) of retailers opening stores next year plan to do so on local high streets in reaction to the shift to work from home and hybrid working, a new Retail Week report reveals.
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NewsJysk sales surge as homewares boom drives further store expansion
Danish furniture and home furnishings chain Jysk has recorded a surge in full-year sales despite lockdown restrictions as the retailer gears up to increase its UK store footprint by half.
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NewsSelfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.