All Property articles – Page 202
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NewsDreams founder Mike Clare vows to launch new 200-store beds business
Dreams founder Mike Clare has vowed to start up his own beds retailer by the summer after failing to buy back the business last night
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NewsOxford Street redevelopment plans approved by Westminster Council
Plans to transform the eastern end of Oxford Street have been approved by Westminster Council, in the next phase of redevelopment.
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Schwarz Group ramps up Spanish investment
Germany-based Schwarz Group is ramping up its operations in Spain and has earmarked a sum of E120m (£103.6m)for investments in its Spanish Lidl network this year.That is 20% more than last year, when the retailer opened 14 stores and remodelled another 65 in Spain.
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Carrefour's franchisee Label'Vie to invest in Morocco
French retailer Carrefour’s franchisee Label’Vie plans to invest MAD800m (£62.1m) in Morocco.The investment programme will focus predominantly on smaller cities. Two Carrefour hypermarkets are to open in Fez and Oujda, close to the border with Algeria.Following the rebranding of its cash and carry Carrefour Maxi banner to Atacadão, five new ...
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NewsDreams acquired by Sun European in £35m pre-pack administration deal
UPDATED: ScS-owner Sun European last night acquired beds giant Dreams in a pre-pack administration deal for £35m, Retail Week has learned.
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NewsVans and Evans Cycles sign up to Buchanan Street development
Vans and Evans Cycles are the two latest retailers to sign up to Scotland’s new Buchanan Street development in Glasgow city centre.
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NewsFrozen food retailers eye former Blockbuster stores
Frozen food retailers are vying to take on former Blockbuster stores as restructuring firm Gordon Brothers plots a 300-store rescue to keep the retailer on the high street.
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NewsCovent Garden signs LVMH brand Sandro and Adidas collaboration Y-3
Two clothing brands have signed to London’s Covent Garden as the shopping district continues to transform its retail offer.
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NewsHomewares retailer Textiles Direct heads for administration
Homewares retailer Textiles Direct is understood to have filed a notice of intention to appoint an administrator, putting 400 jobs at risk.
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NewsGrocer Waitrose trials garden centre alongside Newbury store
Waitrose is trialling a new garden centre unit adjacent to its existing supermarket in Newbury, Berkshire.
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NewsIceland Foods poised to acquire former Blockbuster stores
Iceland Foods is poised to acquire a handful of former Blockbuster stores from administrator Deloitte after the DVD rental business fell into administration in January.
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NewsAsian and US tourists to drive 25% surge in West End spending by 2020
Spend in London’s West End is expected to surge 25% to £12.5bn by 2020, driven by Asian and US tourists shopping in the area.
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NewsHMV thrown lifeline as Hilco prepares £50m bid to acquire it
HMV has been thrown a lifeline after restructuring firm Hilco entered into talks to buy the business out of administration in a £50m deal.
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AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
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Cencosud to invest in South America with new store openings
Retail group Cencosud has revealed it will invest $731m (£483.8m) in South America this year, opening a total of 58 new stores with the aim of reaching sales of $22.5bn (£14.9bn) by the end of 2013.The retailer plans to increase its sales area by about 5%. The outlay represents a ...
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H&M considers India store openings
H&M is considering opening stores in India to tap into growing opportunities after recent government liberalisation measures.H&M said it was preparing to apply to launch wholly owned subsidiaries in the country. It aims to cater for a growing urban middle-class keen for Western-lifestyle products. In a statement released by the ...
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OpinionComment: Click-and-collect could be retailers’ trump card
I’m sure that we are all tired of reading about how the internet is killing shops. At least the horse meat scandal gave a bit of variety.
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OpinionComment: Home shopping group Argos makes UK retail a priority
The year of the snake started with a bite for Argos’ fledgling business in China, which is being shut just months after launch.
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NewsStore closures surge tenfold in 2012 driven by retail administrations
An unprecedented level of large-scale retail collapses pushed the number of store closures among multiple retailers up tenfold in 2012.
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NewsJohn Lewis to invest £57m in store refurbs over next two years
Department store John Lewis is to invest £32m in an “extensive” refurbishment programme across four shops in the next two years, including its flagship on London’s Oxford Street.