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Tattersall Lorenz secures German retail mandate
Tattersall Lorenz secures German retail property mandate

Tattersall Lorenz has received property management instructions for a portfolio of mainly retail properties from an asset manager in southern Germany. It covers all-inclusive property ...

Marks & Spencer to cut 950 jobs (GB)
Marks & Spencer to cut 950 jobs in planned restructure (GB)

M&S has unveiled plans to move to a leaner, faster retail management structure as part of its Never The Same Again programme. At its full-year results in May, the company has ...

Union Investment acquires Neucolln Carree retail park for €27m (DE)
Union Investment acquires Neucolln Carree retail park for for €27m (DE)

Stenprop has exchanged contracts on the sale of its long leasehold interest in the Neucolln Carree retail park in Berlin, Germany to Union Investment for €27m. The disposal price ...

Colosseum Mall to open in 2021 (RO)
Colosseum Mall to open in 2021 (RO)

The opening of Colosseum Mall, initially planned for the end of this year, is rescheduled for 2021, considering the unpredictability of the business environment under the impact of Covid-19 pandemic. ...

SPAR opens four stores in Eastern Spain
SPAR opens four stores in Eastern Spain

SPAR Spain member Fragadis has opened a new store in June and reopened three existing stores following extensive renovations in the eastern part of the country. The three refurbished stores feature ...

Boots to cut 4000 jobs and shut 48 Opticians stores (GB)
Boots to cut 4000 jobs and shut 48 Opticians stores (GB)

Boots UK is taking decisive action to mitigate the significant impact that COVID-19 has had on the business and is accelerating the next phase of the Boots Transformation Plan. Although Boots ...

John Lewis to close eight stores across UK
John Lewis to close eight stores across UK

The John Lewis Partnership will not reopen eight John Lewis shops to secure the business’s long-term future and respond to customers' shopping needs. This announcement comes as the final ...

H&M to close 170 stores worldwide
H&M to close 170 stores worldwide

The H&M group's sales in the period 1–24 June 2020 decreased by 25% in local currencies compared to the same period the previous year, according to the latest update from the company. ...

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