Monthly Archives: June 2013

Sports Direct Moves in on HMV Flagship Store

Posted on 30 June, 2013 by Kirsten Kennedy under Commercial Sales and Lets

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 Set to Axe Two Thousand UK Jobs

Posted on by MOVEHUT under Business News

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

Washington is Still a Tenants Market

Posted on by Jodee Redmond under Worldwide Property News

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

Sales Growth Slows at Debenhams

Posted on 29 June, 2013 by Kirsten Kennedy under Business News

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

Generation Y Survey Provides Good News for Property Industry

Posted on by Neil Bird under Industry News

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

Sainsburys Boss Slams Business Rates at BRC Annual Symposium

Posted on by Kirsten Kennedy under Business News

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 Goes Back to its Roots with 19th Century Rules

Posted on 28 June, 2013 by MOVEHUT under Misc

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

Crown Estate Announces Record Financial Results

Posted on by Neil Bird under Industry News

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

Scottish Businesses Need More Information in Independence Debate

Posted on by Kirsten Kennedy under Business News

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 Bows to Corporation Tax Pressure

Posted on by MOVEHUT under Business News

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