All Property articles – Page 204
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AnalysisInternational analysis: How Ahold's ICA sale will shape EU markets
Ahold has revealed it has reached an agreement with Swedish retail development company Hakon Invest on the sale of its 60% holding in ICA.
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AnalysisAnalysis: The outlook and challenges for retail property in 2013
A wave of administrations marked the start of another tough year, but what is the real picture and how will retail property fare in 2013?
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News
Tensions continue between Carrefour and Turkish partner Sabanci Holdings
Tensions continue between French retailer Carrefour and its Turkish partner Sabanci Holdings over their joint venture.There is an ongoing argument over the valuation of the partnership’s property. Valuing the store network is a challenge, given the prime locations of some outlets, especially in Istanbul.The newspaper Ekonomik Ayrinti estimates the estate’s ...
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News
Discount store Aldi Süd to open numerous Australian stores
German discount store chain Aldi Süd has revealed plans to open up to 110 shops in Australia, 40 to 50 of which will be located in south Australia and 50 to 60 in the west of the country.Aldi said it was committed to the expansion, but that it would take ...
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NewsPoundstretcher eyes over 20 former Comet stores
Poundstretcher is in negotiations to acquire over 20 former stores of electricals retailer Comet, which disappeared from the high street last year.
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OpinionComment: Morrisons’ convenience deal gives the grocer a reason to smile
Morrisons acquisition of 49 former Blockbuster stores for its convenience business should give the grocer a reason to be cheerful.
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NewsThe Entertainer to open first overseas stores in Pakistan and Dubai
Toy retailer The Entertainer is to open its first overseas stores in Pakistan and Dubai as it builds on its UK expansion.
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NewsFurther 37 HMV stores to close, 464 jobs in jeopardy
A further 37 HMV stores are set to close, putting 464 jobs on the line as administrator Deloitte restructures the business in advance of a possible sale.
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NewsHMV: List of further store closures
A further 37 HMV stores are to be shuttered following the initial 66 already slated for closure this month. The closures would leave 116 stores trading.
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GalleryIn pictures: Maplin invests £2m in store revamp as sales improve
Maplin is to spend £2m revamping its entire store estate this year as the electronics specialist looks to improve the shopping experience and maintain its improving sales trend.
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NewsGame eyes HMV, Blockbuster and Jessops stores as it aims to grow share
Entertainment retailer Game is eyeing HMV, Blockbuster and Jessops stores as the specialist aims to grow its market share.
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NewsRetail administrations could lead to a sixth of stores lying empty
Retail administrations and the resulting store closures could lead to one in six stores on the high street lying empty this year, according to the Local Data Company
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OpinionComment: Deciding factors for survival? Specialisation and authority
The last few months seem to have been a tipping point in retail, with major casualties adding to the loss of jobs and the closure of hundreds more high street shops.
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AnalysisAnalysis: What does Morrisons’ Blockbuster stores acquisition mean for the grocery market?
Morrisons’ acquisition of 49 Blockbuster stores to ramp up its convenience arm’s expansion adds further spice to an already fiercely competitive market.
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NewsH&M new brand & Other Stories to make worldwide debut in London
H&M’s new fascia & Other Stories is to make its global debut on London’s Regent Street next month as the Swedish fashion giant relaunches its Oxford Street store.
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NewsFashion giant Primark signs up to St David's flagship
Value fashion giant Primark is to open a 86,000 sq. ft flagship store at St David’s, Cardiff, increasing its floor space in the welsh capital by 80%.
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NewsMorrisons acquires 49 Blockbuster stores for convenience arm
Morrisons has acquired 49 Blockbuster stores from the collapsed rental chain’s administrator Deloitte as it looks to ramp up its convenience presence.
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NewsRestructurer Gordon Brothers called in to trade Republic
Restructuring specialist Gordon Brothers has been drafted in by administrator Ernst & Young to trade collapsed fashion retailer Republic as the hunt for a buyer continues.
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NewsCompany profile: Footwear retailer Shoe Zone
Footwear retailer Shoe Zone has called an abrupt halt to years of expansion plans by revealing it is to close 90 of its Stead & Simpson stores because of poor trading in December.
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News
CVS purchases pharmacy chain Drogaria Onofre
US retailer CVS has purchased 44-store pharmacy chain Drogaria Onofre.CVS chief executive Larry Merlo said: “We view Brazil as an attractive market given that healthcare and pharmacy are expected to grow double digits for the next decade. It’s still a highly fragmented market, so we see nice opportunity to grow ...