All Property articles – Page 29
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NewsB&M profits rise driven by rapid store expansion
B&M has posted a jump in full-year profits despite ongoing struggles in the German market, driven by its rapid store expansion programme.
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NewsArcadia to shutter 23 stores in CVA plan
Arcadia has unveiled plans to shutter 23 stores as part of a company voluntary arrangement that will put 520 jobs at risk.
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AnalysisAnalysis: How M&S is getting back to shopkeeping
Marks & Spencer has reported a fall in full-year profits and sales as it presses on with its transformation plan.
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NewsArcadia to launch CVA 'within 48 hours'
Arcadia is preparing to launch a CVA within the next 48 hours, Retail Week has learned.
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NewsCushman & Wakefield hires Asda strategist for retail role
Cushman & Wakefield has recruited former Asda strategy director Paul Durkin to head up its UK retail team.
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AnalysisAnalysis: How to survive the 'high velocity retail' world
“The customer is no longer king. The customer is now master of the universe.”
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AnalysisThe Works boss: 'There's never been a better time to open stores'
As the high street continues to struggle, stores up and down the country close every day and retailers launch CVAs, one retail boss maintains ‘there’s never been a better time to open stores’
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NewsBoxpark boss Wade: Retail 'on the edge of a precipice'
Boxpark boss Roger Wade has warned retail is “on the edge of a precipice” and urged the government to intervene to save Britain’s high streets.
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NewsBritish Land retail portfolio value takes hit
Property giant British Land has reported a rise in rental growth, but the value of its portfolio has taken a hit.
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NewsLandsec losses widen despite sales increase
Landsec recorded widening full-year losses against a backdrop of what boss Robert Noel described as “well-publicised difficulties in the retail market”.
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AnalysisAnalysis: Is Westfield delay making Croydon a retail graveyard?
Westfield and Hammerson’s new £1.4bn Croydon mega-mall was heralded as a catalyst for regeneration. However, construction is delayed, the scheme is ‘under review’ and traders are being forced to shut up shop. Hugh Radojev investigates
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NewsAshley to invest millions in upgrading House of Fraser stores
Mike Ashley has pledged to invest hundreds of millions of pounds into House of Fraser in exchange for three-year rent holidays on the redeveloped stores.
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NewseBay unveils first UK concept store
eBay has launched a pop-up store in Wolverhampton which showcases products from small local businesses.
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NewsDebenhams creditors give CVA green light
Debenhams’ creditors have approved the department store chain’s CVA, paving the way for it to close 22 stores next year.
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AnalysisAnalysis: Is Mike Ashley remodelling the economics of the high street?
Sports Direct tycoon Mike Ashley is one of the retail industry’s great disruptors, but are his hardball tactics for renegotiating rents at his many chains remodelling the economics of high street retail?
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NewsCredit insurer Atradius slashes retail sector outlook
Credit insurance firm Atradius has downgraded the retail sector’s performance outlook for the year ahead from ‘fair’ to ‘poor’.
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NewsIntu warns CVA glut will hit rental income
Intu has warned its rental income will fall below expectations this year following a “higher than expected level of CVAs”.
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NewsThe Hut Group snaps ups luxury hotel chain
The Hut Group has acquired boutique hotel group Eclectic Hotels in a bid to drive exposure of its beauty and wellbeing brands.
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AnalysisIn numbers: How Mike Ashley took over the high street
The number of retailers that Sports Direct founder Mike Ashley has acquired or invested in has surged 52.5% since 2015.
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NewsTesco urges online sales tax to fund business rates cut
Tesco has called for a 2% online sales tax to help fund a 20% business rates cut.