All Property articles – Page 197
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News
Select owner bullish over expansion strategy as like-for-likes rise
The owner of Select has insisted that the fashion retailer needs 350 shops on the high street despite a growing online business and challenging economic headwinds.
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News
German hard discounter Aldi Süd opens nine stores in Texas
German hard discounter Aldi Süd opened nine stores in Houston, Texas last week.The retailer wants to open 30 new shops over the next two years, investing more than $125m (£81.5m) in the Houston Metro area.The launch extends Aldi’s Texan presence, which is focused on the Dallas/Fort Worth district, which it ...
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NewsSainsbury’s puts Holborn headquarters on the market as 150 staff moved
Sainsbury’s is to move 150 staff from its central London head office to Coventry and Manchester after putting its Holborn office on the market.
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News
French retailer ITM plans to open petrol stations in Poland
French retailer ITM (Intermarché) plans to open petrol stations in Poland operated independently of its stores.ITM already has two pilot petrol stations in the country and plans another five this year.Rival retailer Leclerc is also said to be mulling opening petrol stations in Poland that may be used as collection ...
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AnalysisAnalysis: Why are grocers turning to the convenience market?
Why has convenience become such a growth market and how are the grocers taking advantage? Rebecca Thomson reports.
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NewsTesco UK boss Chris Bush: I’ll rekindle shoppers’ love affair with Tesco
Tesco UK managing director Chris Bush has vowed to rekindle the British consumer’s affection for the grocer by making it the supermarket of choice rather than a default option.
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OpinionComment: Tough decisions will set Tesco on the right track
Tesco may have reported a fall in full-year profits this week, but chief executive Philip Clarke should be commended for taking the bold steps needed to set the grocer on the path to growth.
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News
Hudson's Bay Company pushes ahead with reinvention
Canadian department store group Hudson’s Bay Company is pushing ahead with its reinvention and merchandising plans. The retailer plans to introduce five further Topshop shop-in-shops and, by next year, an outlet of US-based Kleinfeld Bridal salon at its Toronto flagship.“We’re searching around the world for fantastic concepts that we can ...
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News
ICI Paris XL acquires Dutch competitor Pour Vous
AS Watson’s Belgian perfumery chain ICI Paris XL has acquired Dutch competitor Pour Vous. ICI Paris XL plans to complete the deal within one month and is taking over the brand as well as the store network.The deal follows ICI Paris XL’s acquisition of LVMH’s Dutch Sephora stores.“We intend to ...
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NewsRetailers offer up staff to support Portas Pilot schemes
Major retailers have pledged their support to the Portas Pilot schemes by offering up representatives to help the town teams involved in the projects.
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NewsRetail park vacancy rate rises rapidly following administrations
Empty space on retail parks increased by its fastest rate for four years last year due to casualties in the retail sector, according to new research.
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GalleryIn pictures: The Regent Street Windows Project
Retailers on London’s Regent Street are taking part in an annual exhibition to showcase innovative window displays.
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NewsFootwear retailer Treds plots new store openings
Footwear retailer Treds is targeting new stores in the Midlands, East Anglia and the South East after expanding its existing estate with three new shops.
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NewsFashion retailer Select on the hunt for 200 stores in next five years
Fashion retailer Select has hired property firm Cushman & Wakefield to spearhead a hunt for 200 new stores over the next five years.
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NewsRough Trade at 'critical stage of growth' as it unveils strong Q1
Rough Trade is at “critical stage of growth” as it prepares to open its first overseas store in New York and records strong start to the year.
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NewsFootfall to be hit by Baroness Thatcher funeral procession
The route of Baroness Thatcher’s funeral procession on Wednesday has been unveiled with a number of retailers’ stores set to be affected.
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News99p Stores to launch in Scotland as it plots aggressive roll out
Value retailer 99p Stores has revealed it is set to open its first stores in Scotland, as it plans to launch 30 in the next three years.
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NewsOasis owner Aurora Fashions seeks rent reductions from landlords
Oasis owner Aurora Fashions is in negotiations with its landlords to reduce rents and get out of onerous lease agreements.
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News
Darty to close loss-making Spanish stores
Darty is closing its stores in Spain. The retailer is cutting off the loss-making arm as it plans to focus on its more successful stores in France, Belgium and the Netherlands.All 43 Spanish stores will be closed by June at an estimated cost of E30m (£25.5m).
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OpinionComment: Hilco has work to do to get HMV back on song
Few retail failures have inspired the level of public regret that greeted HMV’s fall into administration earlier this year.