Retail news – Page 4
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M&S wins High Court battle against Gove over Marble Arch rebuild
Mrs Justice Lieven said the government had misunderstood planning policies and made flawed or unexplained decisions.
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Hammerson weighs Value Retail options as annual figures show recovery
Chief executive Rita-Rose Gagné has said the group is considering its options on the £1.9m holding.
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The Body Shop to close a further 75 stores, but 116 will remain open
Beauty retailer confirms 489 staff will be made redundant as individual stores are closed.
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Currys rejects second bid from American investment firm
The US firm’s latest offer valued the electrical retailer at 67p per share.
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Lululemon to upsize flagship West End store
The store will mark a 130% increase from its current store at The Yards in Convent Garden.
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ECF doubles fund to £400m to support placemaking in England
Injection of an additional £200m of equity and debt has expanded the English Cities Fund .
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Hammerson completes £500m non-core disposal programme with Aberdeen deal
Hammerson has completed its non-core disposal programme following the sale of it Union Square shopping centre for £111m.
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Go Outdoors signs new letting at former Wilko store in Metrocentre
The outdoor clothing and equipment retailer will open the new store later this year.
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The Body Shop restructuring to bring pain for landlords
Administrators have announced plans to sell off almost half the retailer’s existing UK stores.
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The Body Shop’s current store portfolio mix ‘no longer viable’
Seven stores will close today, with additional closures to follow.
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Scottish commercial real estate investment plummets in 2023
Retail took lion’s share of Scottish investment last year, Colliers reports.
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The Good Economy’s Vivienne King to become independent strategic adviser
In her new role, she will support real estate industry leaders and the organisations they run.
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Bidding war brewing over possible Currys takeover
Elliot Investment Management and JD.com are interested in a takeover.
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Nottingham assets help Acuitus raise £16m at February sale
Nottingham retail lot fetches £2.125m as Acuitus achieves 84% success rate.
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Four major brands to set up shop at Cabot Circus
Stradivarius, Lids, Sunnamusk and German Doner Kebab will join the Hammerson-owned centre in Bristol.
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McLaren to deliver £132m refit of Oxford Street House of Fraser store
Developer Publica Properties Establishment is aiming to restore the art deco landmark built in 1937.
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The Body Shop appoints FRP as administrators for UK business
The joint administrators will now consider all options to find a way forward for the business.
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M&S challenge on Gove’s landmark ruling goes to High Court
The two-day hearing on the retailer’s challenge to the housing secretary’s decision has commenced today.
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The Body Shop set to appoint administrators
It is understood that trading over the Christmas period and January was not as strong as hoped and the business had insufficient working capital.
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EE to open 10 experiential stores in £6m investment programme
The firm unveiled the plan as it opened its Gateshead Experience store at Metrocentre shopping centre.