Retail Week - Retail Property News

M&S latest retailer to slow down store expansion

Fri, 25 May 2012 00:00 GMT

Marks & Spencer has become the latest retailer to switch the lights to amber on UK store expansion plans as punishing trading conditions persist and multichannel retail grows.

Government to reveal Portas Pilots tomorrow

Fri, 25 May 2012 09:58 GMT

The Government will reveal the 12 ‘Portas pilot’ towns that will be used to try out ideas put forward in the Mary Portas’ High Street Review tomorrow.

Sales soar at The Entertainer as sector rivals close down

Fri, 25 May 2012 00:00 GMT

Specialist toy retailer The Entertainer posted a surge in sales in its first quarter as it filled the gap left by closed Woolworths, Early Learning Centre and Hawkin’s Bazaar stores.

Hilco hired to shut Birthdays and Clintons stores

Thu, 24 May 2012 14:45 GMT

Restructuring specialist Hilco has been drafted in to close Birthdays and Clintons stores

Clinton Cards: List of 44 store closures revealed

Wed, 23 May 2012 15:13 GMT

More than 40 Clintons and Birthdays stores will shut by the end of May, affecting 300 full and part-time staff. Full closure list below.

M&S presses button on new phase of store revamps as profits fall

Tue, 22 May 2012 08:01 GMT

Marks & Spencer has reported a fall in full-year profit but said strategic progress is being made and that remodelled stores are outperforming the rest of its estate.

Another 60 Clinton Cards staff made redundant

Tue, 22 May 2012 11:56 GMT

An extra 60 jobs have been lost across Clinton Cards’ head office and retail operations, Retail Week has learned.

Victoria’s Secret races to open London shops for the Olympics

Fri, 18 May 2012 00:00 GMT

First UK stores to open days before the Games as the retailer aims to capitalise on tourism boom.

Dunkerton considers overseas flagship for SuperGroup

Fri, 18 May 2012 00:00 GMT

SuperGroup boss Julian Dunkerton is considering opening Regent Street-style Superdry stores overseas following the success of the London flagship.

Oak Furniture Land to increase store numbers

Fri, 18 May 2012 00:00 GMT

Oak Furniture Land is to more than double store numbers over the next 18 months after strong growth in the past year.

Armani opens in Wales for first time

Fri, 18 May 2012 09:43 GMT

Designer fashion label Armani is opening its first store in Wales in St David’s shopping centre, Cardiff, it is understood.

Whittard reviews overseas expansion plans

Thu, 17 May 2012 07:00 GMT

Tea and coffee specialist Whittard of Chelsea is to expand in to the Ukraine and Mexico as it continues to pursue international growth.

George targets online growth after multichannel boost

Thu, 17 May 2012 07:00 GMT

Asda’s fashion business George aims to generate 10% of sales online after bolstering its multichannel offer.

Land Securities: High streets 'may never recover'

Wed, 16 May 2012 08:40 GMT

Directors of retail property firm Land Securities believe that some high streets are doomed and “may never recover” from damage inflicted during the recession and downturn.

Westfield Stratford approaches £500m of sales

Wed, 16 May 2012 09:38 GMT

Westfield Stratford City has notched up almost £500m of sales since opening last September.

Paul Smith re-enters China

Tue, 15 May 2012 08:59 GMT

Paul Smith will return to China later this year as it plans to open 24 stores in the next five years in its second attempt to crack the country.

Game's Oxford Street store at risk of closure

Mon, 14 May 2012 14:19 GMT

Game’s landmark store on Oxford Street could be closed and forced to stop trading, after a landmark ruling against Game Group’s administrator PricewaterhouseCoopers (PwC).

Clinton Cards boss exits as WHSmith considers bid

Fri, 11 May 2012 08:50 GMT

The administrators of Clinton Cards have ousted chief executive Darcy Willson-Rymer, it is understood, and WHSmith may enter the fray for control of the retailer.

Iceland to open frozen food stores in Iceland

Fri, 11 May 2012 00:00 GMT

Frozen food specialist Iceland is to launch in the country of the same name after striking a deal with Johannes Jonsson, the father of controversial former Baugur boss Jón Ásgeir Jóhannesson.

Bookseller Relay returns to the UK

Fri, 11 May 2012 00:00 GMT

Bookseller and stationery giant Relay is making a return to the UK with a 755 sq ft trial shop in London’s Cannon Street station.