All Property articles – Page 15
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NewsHigh street footfall surges across England as restaurants and pubs reopen
Towns and cities across England enjoyed increases in footfall on Saturday evening as restaurants, pubs and bars reopened their doors following lockdown.
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NewsPrimark boss on reopening success: ‘Online can’t compete with our low prices’
Primark’s performance since reopening shows the continued relevance of its low-price, bricks-and-mortar business model that trumps online rivals, bosses believe.
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OpinionOpinion: As jobs are decimated, Johnson must help ‘build, build, build’ retail
There’s no getting away from it – this has been a bruising week for retail.
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NewsPrimark ‘encouraged’ by trade since reopening but profits to plunge
Value fashion giant Primark’s profits will be down by about two thirds this year, but trading in reopened stores has been encouraging.
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NewsCoronavirus drives permanent shift in shopping habits as online grows
Consumers intend to permanently change their shopping behaviour, including purchasing more online, because of the Covid-19 pandemic.
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NewsJohn Lewis chair White warns staff of store closures and job cuts
John Lewis chair Dame Sharon White has told staff that job cuts and store closures are imminent as the business embarks on a post-coronavirus cost-cutting drive.
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NewsBensons for Beds bought by Alteri in pre-pack deal
Bensons for Beds and stablemate Harveys have fallen into administration, with the former being bought out by previous owners Alteri in a pre-pack deal.
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NewsPensions giant pushes for Intu Trafford Centre sale
A pensions group that took control of the Trafford Centre when owner Intu collapsed on Friday hopes to secure a speedy sale of the trophy mall.
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AnalysisGo Outdoors rent day pre-pack – is JD Sports right to shaft landlords?
JD Sports has become embroiled in controversy after putting subsidiary Go Outdoors into administration before promptly buying it back and seeking to secure better rent deals. But should JD be cheered or jeered?
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NewsJD Sports buys Go Outdoors back out of administration
JD Sports has bought its subsidiary Go Outdoors back for £56.5m in a bid to renegotiate better rents with landlords after putting the business into administration earlier this week.
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OpinionOpinion: Raise a glass – responsibly – to lockdown relaxation
As retail reopened last week, there was no getting away from the fact that there was a gaping hole at the heart of town centres and other shopping destinations: the absence of almost any form of recreation.
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NewsCoronavirus: Pubs set to reopen next month as 2m distancing rule relaxed
The government will ditch the two-metre social distancing rule from July 4 as it allows businesses including pubs, restaurants and hairdressers to reopen.
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NewsShoe Zone swings to half-year loss as it closes 20 stores
Shoe Zone has reported a half-year loss and a fall in sales as it unveils plans to reduce the size of its store estate to cut costs.
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NewsSunday trading reform doomed as MPs line up in opposition
Plans to liberalise Sunday trading hours for big stores such as supermarkets look likely to be abandoned in the face of parliamentary opposition.
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NewsIntu puts administrators on standby as rescue talks continue
Troubled retail property group Intu has lined up administrators in case talks with creditors fail.
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AnalysisCoronavirus: Grimsey’s prescription for reinvigorating high streets post-crisis
High street advocate and campaigner Bill Grimsey has made new recommendations on how to revive town centres through a focus on localisation and new purpose.
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NewsBan on high street evictions extended until the autumn
The government has extended its ban on evictions of high street businesses over non-payment of rents until at least the autumn.
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NewsRetail footfall to suffer ‘for some time to come’, BRC warns
Footfall to retail locations will continue to suffer “for some time to come”, the British Retail Consortium (BRC) has warned, despite non-essential shops reopening their doors today.
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NewsRetailers to reopen today after three months in lockdown
Retailers across England will reopen their doors today for socially distanced shopping after almost three months in lockdown.
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NewsUK economy suffers worst-ever slump during coronavirus lockdown
The UK economy suffered its worst-ever collapse during April as the coronavirus lockdown wiped out a fifth of GDP.
