Less than two weeks after Hammerson said Next would be opening beauty halls in five vacated Debenhams spaces in its malls, two of the biggest have been taken off the list. But a further 10 could be added.
Wolford is taking a similar approach to some other companies in the midst of the coronavirus pandemic and is seeking to raise cash by selling its HQ. It’s currently in talks to sell and rent back its property in Bregenz.
Ted Baker said Monday that stores accounting for 68% of annual retail sales are now shut. But while that’s bad news, it also had something good to report with e-tail up strongly and its HQ sold for a good price.
As more and more people travel by train, retail at railway stations is growing and this week, the UK's Network Rail said that it has seen a 4.48% growth in sales at Britain's biggest and busiest stations.
Fresh from reports that Ted Baker is seeking to sell its HQ to generate cash, news has came that the firm is cutting head office jobs with 102 posts being made redundant and another 58 current vacancies left unfilled.