Saturday, January 18, 2020
Beales paying £1m more in business rates than it should be

Beales paying £1m more in business rates than it should be

Research has found that Beales has been paying over £1 million more than it owes in business rates.
Mike Ashley's Frasers Group urges PM Boris Johnson to reform business rates

Mike Ashley’s Frasers Group urges business rates reform in letter to PM

// Mike Ashley's Frasers Group writes to the PM, urging him to reform business rates // It called on Boris Johnson to make changes to...
HMV says 5 stores at risk of shutting down will now stay open

HMV says 5 stores at risk of shutting down will now stay open

Five HMV stores which had been at risk of closing will now remain open after securing new agreements with landlords.
Lush Debenhams House of Fraser Mark Constantine

Lush looking to swoop on vacant Debenhams & House of Fraser stores

Lush is reportedly seeking to occupy vacant Debenhams and House of Fraser units following the success of its new Liverpool store
JD Sports to move into Topshop's empty unit at Westfield Stratford

JD Sports to move into Topshop’s empty unit at Westfield Stratford

JD Sports is set to more than quadriple its footprint at Westfield Stratford.
Ikea buys Hammersmith's Kings Mall to launch first small UK store

Ikea buys Hammersmith’s Kings Mall to launch first small UK store

Ikea has acquired a West London shopping centre where it will also launch its first UK small format store.
Jigsaw rent reduction rent cuts David Ross

Jigsaw seeks 30% rent reduction from landlords

Jigsaw is seeking a 30 per cent rent reduction from its landlords and has asked to delay rent payments
Hobbs trading update

Hobbs boasts “strong performance” as it returns to profit

Hobbs has reported a “strong performance” within a “challenging retail environment”
M&G Ravenside Retail Park

M&G offloads Ravenside Retail Park for £51.4m

M&G has sold Ravenside Retail Park in Edmonton, north London, to warehouse company Prologis for £51.4 million.
Bonmarche creditors administration Edinburgh Woollen Mill Philip Day

Bonmarche administration wipes out creditors’ £24m

Bonmarche's creditors are unlikely to retrieve the £23.9 million they are owed, as there may not be enough cash

Feature Resource

Optimise Your EAS Systems with Predictive Analytics – eBook

Learn How Retailers are Making Their Shrink Management Systems Work Smarter The fast-changing world of retail has placed new pressures on store leaders to improve...