Retail
-
EE buys Phones 4U mobile business
Mobile group EE has agreed to buy the mobile arm of Phones 4U as the retailer’s administrators continue to sell parts of the business.
-
Tesco suspends three more executives
Tesco has asked three more senior executives to step aside as the investigation into a mis-statement of £250m profits continues.
-
Doubts cast over £200m Grand Central deal
Doubt has been cast over a potential deal between Network Rail and Birmingham city council for NR’s potential £200m acquisition of the Grand Central shopping centre.
-
Westrock in £6.7m Devon sale
Westrock has sold a 40,000 sq ft Devon shop to Diageo Pension Trust for £6.7m
-
Thorntons upbeat despite sales fall
High street chocolate store chain Thorntons reported a 11.9% drop in sales for the three months to October due to fluctuations in the timing of wholesale orders.
-
High street sales suffer in warm weather
The warm weather in September affected retail sales as retailers reported a 0.8% fall compared with 2013.
-
Mount Anvil sells Eagle House
DTZ Investment Management has bought Eagle House, E1, from Mount Anvil for £29m
-
BL launches pop-up food shops
British Land has teamed up with food journalist Richard Johnson to launch Eats from the Street, a series of pop-up street food shops.
-
Picton wins Westlea go-ahead
Picton has received the green light to develop a retail and residential scheme at its Westlea Campus in Swindon
-
DevSec sells Romford scheme
Development Securities has completed a sale of its majority interest in Market Place in Romford, Essex for £12.3m
-
It’s here – MIPIM UK
A member of the royal family, scores of government ministers, industry leaders and 4,000 other visitors will be heading to London Olympia next week to attend the first-ever MIPIM UK
-
Wetherspoon chief attacks board rules
Chairman and founder of JD Wetherspoon pubs, Tim Martin, has called for reform of the rules governing the way public companies are run.