Since the demise of JJB Sports, rival chain Sports Direct has been growing both its market share and commercial property portfolio. Chief executive Mike Ashley, who also owns Newcastle United Football Club, has increased the worth of the chain several times... Read More
Direct Line Insurance group has said that it is planning to axe 2,000 UK jobs as it seeks to extend its cost-cutting plan. The group announced plans in August 2012 to reduce gross annual costs by £100m a year, but now plans to double its cost-saving... Read More
Commercial real estate leasing in the Washington D.C. area was limited during this quarter. Vacancy rates were on the rise, according to preliminary data collected by CBRE Group Inc. CBRE stated, "While the overall economy continues to show positive... Read More
While consumer confidence has grown in recent months, and May yielded the most positive sales results seen since records began, many stores are still suffering from the problems caused by the poor weather seen earlier this summer. There are concerns that the... Read More
A new survey of 18 to 35 year olds provides an insight into the thinking of the age group dubbed Generation Y and, according to its joint author, it provides good news for the property industry. The survey, Generation Y: Shopping and Entertainment in... Read More
The British Retail Consortium (BRC) Retail Symposium has become one of the most highly anticipated events in the retail calendar, with representatives from some of the industry’s most successful firms sharing their experiences with established companies and... Read More
Football is a game that many enjoy playing as well as supporting and watching. Both men and women around the world get hooked on their team’s performance during competitions and some diehard fans even have their clubs logo tattooed on their body. But where... Read More
The Crown Estate has posted record profits of £252.6 million, a 5.2 per cent improvement on last years’ figures. The return on the estate’s £8.1 billion portfolio, which includes prime West End assets in Regent Street and St James’s, was 11.3 per... Read More
At present, the debate over independence dominates the Scottish political agenda. While a date for the referendum has now been set, voters seem unable to arrive at a clear decision with most opinion polls showing a great deal of uncertainty regarding... Read More
Starbucks has handed over £5m to HMRC, its first corporation tax payment since 2008. However the money has only gone some way towards assuaging critics. The coffee shop chain said on it had made the contribution to please its customers and would be... Read More