All Property articles – Page 6
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GalleryStore gallery: Walmart unveils new ‘interactive store’ format as part of redesign programme
Walmart has unveiled what it is calling an “interactive store” format, which it is testing at its Store 4108 incubator location in Springdale, Arkansas.
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NewsTycoon Paphitis urges rates reform as strong Christmas follows annual loss
Theo Paphitis has called on the government to “grasp the business rates nettle” as he gave an update on Christmas trading and Ryman posted its first annual loss in more than two decades of his ownership.
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NewsFootfall slumps in post-Christmas week despite New Year’s Eve uplift
Footfall to retail destinations slumped in the week following Christmas despite an uptick in traffic on New Year’s Eve.
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NewsNew Selfridges owners plan to add hotel and apartments to Oxford Street flagship
Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.
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NewsBoxing Day footfall down as Omicron nervousness takes hold
Boxing Day shopper numbers were steeply down on a two-year basis as consumer caution about the spread of the Omicron variant prompted many to stay at home.
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NewsLandsec ups stake in Bluewater as retail values and rents stabilise
Institutional landlord Landsec has upped its stake in shopping centre Bluewater and agreed to sell a share to co-owner M&G as Covid continues to stabilise retail values and rents.
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NewsExclusive: Majestic Wine quits Calais as Brexit booze rules hammer sales
Majestic Wine is calling time on its business in Calais after Brexit regulations decimated the traditional ‘booze cruise’.
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AnalysisResearch: 49% of retailers opening stores on local high streets, 59 CEOs reveal
Half (49%) of retailers opening stores next year plan to do so on local high streets in reaction to the shift to work from home and hybrid working, a new Retail Week report reveals.
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NewsJysk sales surge as homewares boom drives further store expansion
Danish furniture and home furnishings chain Jysk has recorded a surge in full-year sales despite lockdown restrictions as the retailer gears up to increase its UK store footprint by half.
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NewsSelfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.
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AnalysisBlack Friday bounce for bricks and mortar as online sales slow
Stores have emerged as the biggest beneficiary on Black Friday so far as online traffic and sales lag behind last year’s figures.
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NewsM&S wins approval for Oxford Street store redevelopment
Marks & Spencer’s plans to rebuild its Oxford Street flagship have received the green light from Westminster City Council.
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AnalysisHow retail must go even greener after COP26 commitments
As the world’s leaders came together in Glasgow for COP26, a raft of commitments and deals were made in a bid to limit global warming and stop a climate change catastrophe. Retail Week explores some of the implications for retail’s sectors.
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NewsHouse of Fraser fury over Oxford Street closure
House of Fraser owner Frasers Group has reacted angrily after its flagship Oxford Street store was served notice to quit the premises.
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NewsAmazon eyes hundreds of UK c-stores to rival Tesco, Sainsbury’s and Co-op
Amazon has thrown down the gauntlet to Tesco, Sainsbury’s and the Co-op with aggressive plans to launch 260 convenience stores across the UK.
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NewsHouse of Fraser flagship on Oxford Street to be converted to offices
The famous House of Fraser store on London’s Oxford Street is to become an office-led, mixed-use premises.
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DataData: Golden quarter trading tracker – weekly online and footfall trends
The golden quarter is well underway. Our weekly updates enable you to take the temperature of trading online and in bricks-and-mortar locations week by week during this crucial period.
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DataData: Fashion stores to lose £15bn in sales by 2025
Clothing stores across the UK will lose almost £15bn in sales between now and 2025, according to stark forecasts set out in a new report.
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NewsSunak unveils £7bn reduction in business rates but refuses to scrap system
Chancellor Rishi Sunak has unveiled a raft of measures to reduce business rates but stopped short of fundamentally overhauling the system.
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