All Property articles – Page 101
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News
Chancellor urged to scrap link between business rates and RPI
Businesses are urging the Chancellor to reform business rates and stop basing the tax on the Retail Prices Index measure of inflation.
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News
Retail footfall drops in February as high street traffic falls 2.9%
Total retail footfall dropped 1.1% year on year in February, driven by declining customer numbers in shopping centres and high streets.
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Opinion
Opinion: Mixed track record of CVAs puts BHS and Beales on a knife-edge
CVAs can be a effective option for embattled retailers, but history is littered with examples where it was an ill-suited approach to pursue.
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Opinion
Opinion: Why the Budget needs to bring action on business rates
George Osborne must deliver a better business rate deal, not just for the survival of bricks-and-mortar retail but for the sake of communities
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Cartoon
Blower’s retail cartoon: BHS launches CVA as it seeks to cut rental costs
Retail Week cartoonist Patrick Blower’s take on the proposed company voluntary arrangement (CVA) from department store BHS .
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News
Poundworld poised to acquire a third of remaining Brantano stores
Poundworld is on the verge of snapping up around a third of footwear retailer Brantano’s remaining stores, Retail Week has learned.
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News
In pictures: Brent Cross shopping centre celebrates its 40th birthday
Brent Cross, Europe’s first enclosed shopping centre, has reached a significant milestone this month as it celebrates its 40th birthday.
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News
Andy Bond's new discount variety chain reveals name and first location
A new discount variety retailer, being launched by former Asda boss Andy Bond, will debut in June under the name Guess How Much! (GHM!)
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News
BHS collapse could cost its creditors £1.3bn, CVA document warns
BHS has told its creditors they could lose up to £1.3bn if they do not agree to proposals to slash the beleaguered retailer’s rents.
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News
BHS: The 40 stores facing closure unless landlords agree to slash rents
BHS is seeking rent reductions on half of its stores through a creditors voluntary arrangement (CVA) as it bids for a turnaround.
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Opinion
Opinion: How Asia challenges Europe’s preconceptions of retail locations
It’s not every day you have the opportunity to fly 6,000 miles with three clients on the hunt for innovation and inspiration.
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News
Ikea's UK profits nearly triple after healthy rise in sales
Swedish home furnishings specialist Ikea’s UK profits nearly tripled last year after several years of earnings volatility.
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Analysis
Analysis: BHS’s CVA – new dawn or false dawn for famous high street name?
BHS chief executive Darren Topp speaks exclusively to Retail Week about why he believes the department store group has a future.
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News
BHS threatens store closures as it launches CVA to cut costs
BHS is seeking rent reductions on more than half of its estate and has warned it will otherwise be unable to meet financial obligations.
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Opinion
Opinion: Radical thinking is needed to ensure town centre retailing thrives
Changes are coming. And if town centre retailing is to survive, a different approach will be needed in order for it to evolve.
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Data
Data: The most susceptible areas of the UK to store closures by region
Store closures are likely to rise and Wales and the north of England are forecast to be the worst affected areas in the UK.
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News
McColl's focuses on enhancing offer as like-for-like sales fall
Convenience store group McColl’s managed to nudge up profits last year, despite reporting a fall in like-for-like sales.
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News
Almost 1m retail jobs at risk from impact of digital and spiralling costs
Almost 1 million retail jobs could be lost in the next decade as high streets struggle with the impact of digital and spiralling costs.
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News
Retailer sales rise at Trafford Centre and Lakeside owner Intu's malls
Retailer sales and footfall at Intu’s shopping centres – which include Lakeside in Essex and Manchester’s Trafford Centre – rose last year.
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News
'Small Ikea' Søstrene Grene eyes 150 UK stores ahead of Nottingham debut
Danish retailer Søstrene Grene is eyeing 150 UK stores as it targets “fast” expansion off the back of its impending launch in Nottingham.