Content about London

May 14, 2013
New York City second to Hong Kong in world’s highest retail rents

CBRE Group released research findings on Tuesday that showed Hong Kong continued to keep its top spot as the world's most expensive global retail market, recording prime rents nearly 150% higher than New York City.

May 10, 2013
Private equity firm TowerBrook Capital to acquire True Religion for $835 million

True Religion Apparel has entered into a definitive merger agreement with New York and London-based investment management firm TowerBrook Capital Partners, in a transaction valued at approximately $835 million.

April 26, 2013
Davie Bowie pop-up shop, Selfridges, London

A match made in heaven. That’s what some are calling the David Bowie dedicated pop-up in Selfridges’ renowned London flagship.

April 16, 2013
Plaza at Preston Center to unveil new tenants, expansion

Venture Commercial said that The Plaza at Preston Center, in Dallas, will see the Texas debuts of Sprinkles Ice Cream and True Food Kitchen this spring, and international retailers LUBLU Kira Plastinina and Aftershock London have selected The Plaza for their flagship U.S. stores.

April 11, 2013
Brooks Brothers taps eCommera to interpret its operational data

London -- Brooks Brothers will adopt eCommera’s decision intelligence tool, DynamicAction. Designed to turn big retail data into prioritized actions, the solution integrates siloed data into a commerce-specific cloud solution which will allow the retailer to identify optimization opportunities to improve its overall online commerce performance.  

April 2, 2013
The Power of the Pop-Up: Is It Here to Stay?

Here’s an interesting take on pop-up stores by Felicity Pogson, associate design director, interiors, Dalziel & Pow, London:

March 1, 2013
Marks & Spencer to unveil green lease policy for stores

Marks & Spencer, one of the leading retailers in the United Kingdom, is set to unveil a new property lease policy under which all new M&S stores will have ‘green’ clauses as standard enabling landlords and tenants to better manage a building's environmental performance.

February 25, 2013
Founder of Barnes & Noble to bid for chain’s retail assets

Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business.

February 19, 2013
Retail Store of the Year: And the winners are…

Simons, Canada’s eclectic and fashion-forward department store retailer, received top honors in Chain Store Age’s 31st annual Retail Store of the Year design competition.

January 29, 2013
Report: Supervalu sets rate on $2.4B loan for Cerberus sale

Bloomberg reported Tuesday that Supervalu Inc. has set the rate it will pay on $2.4 billion of loans to fund the sale of five supermarket chains to a Cerberus Capital Management LP-led investor group.

January 29, 2013
Report: Tesco revival gains traction

A report by Bloomberg said that Tesco Plc may be recovering from its financial doldrums, as the country’s largest supermarket chain has matched market growth for the first time in more than 18 months.

December 13, 2012
Walmart considering acquiring stake in Turkish retailer

A report by the Financial Times said that Wal-Mart Stores Inc. is in discussions with Turkish retailer Migros Ticaret AS to acquire an 80% stake in the company from London-based private equity group BC Partners.

November 29, 2012
J. Crew profit surges 54% in Q3

J. Crew Group reported that net income for the third quarter rose to $33.2 million, from $21.6 million in the prior year.

November 8, 2012
The Birth of a Trend: Using Social Analytics to Predict Trends

By Dr. Trevor Davis, IBM Global Business Services

October 26, 2012
Primark, London

Value fashion retailer Primark’s new flagship on Oxford St. (at Tottenham Court Rd.) spans some 82,300 sq. ft. over four floors.

October 3, 2012
Tesco first half profit drops on high turnaround costs

British retailer Tesco reported that profit dropped 6.8% in its first fiscal half to $2.06 billion, weighed down by costs associated with its turnaround strategy.

October 1, 2012
Essensuals London opens at Cherry Hill Mall

Philadelphia-based Pennsylvania Real Estate Investment Trust said that upscale salon Essensuals London has officially opened at its Cherry Hill Mall property in Cherry Hill, N.J.

September 21, 2012
Costco and Macy’s take home World Retail Awards

Two U.S. retailers took home top honors at the 2012 World Retail Awards in London, with Costco Wholesale Club named “Retailer of the Year,” and Macy’s recognized as “Multichannel Retailer of the Year.”

September 18, 2012
Top 10 Must-See Stores … Fall Edition

The folks at Echochamber.com, a London-based consultancy, have a knack for rooting out hot retail concepts around the globe. Here’s a recap of the retailers who make up their latest “Top 10 Unmissable New Stores” report:

August 23, 2012
Essensuals London to make East Coast debut at Cherry Hill Mall

Philadelphia-based Pennsylvania Real Estate Investment Trust said that Essensuals London will open a high-end salon – its first on the East Coast – at PREIT’s Cherry Hill (N.J.) Mall property.

August 21, 2012
Retail Q&A

As a prelude to the upcoming World Retail Congress in London (September 19- 21), five retail leaders who will be speaking at the event participated in the following Q&A:

August 15, 2012
Foot Locker Ups Its Game in Europe with The Locker Room

Foot Locker is kicking up its heels in the United Kingdom. The footwear giant has opened a new format — The Locker Room — with an eye to rolling it out throughout England and continental Europe. The concept expands Foot Locker’s core strength in athletic footwear to include apparel and accessories for a wide range of performance sports.

July 23, 2012
Crocs, Greenhithe, England

Crocs has debuted a new store design that puts a fresh, more contemporary spin on the 10-year-old brand while paying homage to its heritage.

July 13, 2012
CBRE: Hong Kong and New York are world’s most expensive retail destinations

Hong Kong is the world’s most expensive retail destination, with retail rents at $3,864 per square foot, according to the quarterly rankings of global retail rents from global property advisor CBRE Group.

July 11, 2012
Visionworks to open 17 stores in Philadelphia market by end of 2012

Visionworks, the largest wholly owned U.S.-based optical retailer, has opened its first store in the Philadelphia area. Located in Deptford Township, N.J., it is the first of more than 25 stores expected to open in the market through 2013.

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