PIP Directory Retailers provides you with property information on the latest new retailers opening in the UK. Star Bowl have just opened its first site in North Shields. Wickes will open an additional 140 stores in the UK. MFI has sold its Sofa Workshop business to New Heights for £1.8m. Hob will open its first store in October. Halfords is to launch a new national chain of bicycle shops called Bike Hut. Maplin are to open 6 more stores before Christmas.
The number of retailers added to our PIP Directory Retailers of over 5,300 contacts grows on a weekly basis – we add MANY more than the three featured in Hot Retailers!
PIP Directory Retailers provides you with relevant contact data, enabling you to market your properties and services to these companies and many more. The Directory is an up-to-date source of who is expanding in the retail property market. This is a “must have” for retail property leads.
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Contact: Michelle Batty Perfect Information Property 3rd Floor 61 Fleet Street London EC4Y 1JU TEL: 0207 353 9597 FAX: 07092 004 314
JANUARY 2009 31.1.09-TJ Morris-trading as Home Bargains-taking 14 former Woolworths. Takes total number of stores to 184. 31.1.09-MFI sites-Asda considering some former MFI sites for Asda Living. 31.1.09-Stylo-seeking a company voluntary arrangement (CVA). Offering landlords a turnover rent proposal-3% for 3 months, then 7% for 2/3 years. Stylo wish to downsize by 100+ stores. 30.1.09-Anthropologie-(owned by Urban Outfitters)-opening in Regent Street, in former Wedgwood store-11,000 sq ft. Second store to open on King's Road. MD-James Bidwell. May take more stores in UK later. 30.1.09-First Quench Retailing-(Threshers, Wine Rack, The Local)-has 1500 stores, may close 400. 30.1.09-Sofa Workshop-in administration (Leonard Curtis)-30 stores. 30.1.09-B&M Bargains-90 stores-wants another 30. Home Bargains- 170 stores, wants 30-50 more. Both are considering former Woolwoth stores. B&M opened 25 in 2008. Need 7,000+ sq ft. stores. 30.1.09-All Saints-opening stores in Middle East. Opened 15 in 2008 mainly overseas. 30.1.09-Stylo-Barratts and Priceless Shoes-in administration (Deloittes). 380 stores. Rescue planned via a CVA company voluntary arrangement. 30.1.09-ProCook-closing allits high street shops. Focusing on factory outlets and online. Closing 18 stores. 30.1.09-B&Q Extra-opened eco-store in New Malden. 150,000 sq ft on 2 floors; 438 car spaces. First eco-store was in Halifax in April 2008 (78,000 sq ft). 29.1.09-Starbucks-closing more stores worldwide, some 300. Has 670 in UK, some closures likely in UK. 29.1.09-Borders UK-pulling out of BAA's airports, unable to agree rents. Also looking to leave some of its weaker stores, from a portfolio of 50. Already closed some stores under Books Etc fascia. 29.1.09-Sofa Workshop-10 stores bought from administration by Andrew Cussins (original founder), for an undisclosed sum. Remaining 20 stores will close. 27.1.09-Empire Direct-in administration (KPMG). 27.1.09-Aurum-(Mappin & Webb, Goldsmiths, Watches of Switzerland, Mydiamonds.com)-has Ernst & Young reviewing the business. This may result in a sale. Company has Baugur as a shareholder. 185 stores. 24.1.09-Greenwoods-in administration, but bought out by Harvest Fancy Hong Kong (owned by Bosideng-big Chinese clothing chain). They have bought out 87 of 92 stores. They plan to open 100 new stores over the next couple of years. 24.1.09-Gourmet Restaurants-(Tiffinbites, Vama, Bombay Bicycle Club)-rescued from administration (Chantrey Vellacott DFK was administrator). V8 Gourmet has bought it. 24.1.09-Stowers Bespoke-opened at Savile Row. 1600 sq ft store. 24.1.09-Moss Bros-Brian Brick appointed interim CEO. 24.1.09-Costcutter-bought 7 of Nearby Stores (in admin). 24.1.09-99p Stores-taken 15 former Woolworths, including Penge, Southall, Eltham, Streatham, Balham, Denmark Hill, Stratford. Now has 79. 24.1.09-Fishworks (in admin)-4 sites taken by Ranjit Singh, owner of 2 Sisters Food Group.-Richmond, Bath, Swallow Street, and Marylebone Street in London. Remaining sites likely to close-Bristol, Christchurch, Chelsea, Islington, Primrose Hill, Chiswick. 24.1.09-New Look-intends to continue expanding through 2009. Target is 40 for 2009, including 20 relocations. Is also considering retail parks. Many stores are now too small. Depending on the size of the town they now need stores of 5,000-30,000 sq ft. 23.1.09-Spar-bringing its Eurospar format to UK. Has bought 11 Somerfield stores from the Co-op. 5000-10000 sq ft. 23.1.09-Moss Bros-Philip Mountford stepped down as CEO. Brian Brick (was SRG) appointed as interim CEO. 23.1.09-Next-putting a 1600 sq ft shop-in-shop into its 80,000 sq ft Arndale store. 23.1.09-Co-op-given OK from Competition Commission for acquisition of Somerfield. 23.1.09-Pier-administrators closed all 31 stores. 23.1.09-The White Company-may be revising expansion plans. Had intended to open 40 stores over next 5 years. 23.1.09-Uniqlo-opening concession in Selfridges Oxford Street-1,000 sq ft. 23.1.09-LK Bennett-plans may double size of business over next 5 years. Wants 30-40 new stores. Has 100 stores, including concessions. Also overseas expansion. 23.1.09-Jysk-4 stores (3,150 stores worldwide)-avg size 12,000 sq ft. www.jysk.co.uk UK Manager-Steve Stenhouse. 23.1.09-M&S-of the 27 Simply Foods marked for closure, Waitrose and Tesco possibly interested in some of them. 23.1.09-Co-op-selling some stores from Somerfield acquisition to Waitrose (13), and Tesco (7). Previously Morrisons agreed to take 34. 23.1.09-BHS-seeking out-of-town stores 25,000-30,000 sq ft on turnover rents. Considering some former MFIs. (Harvey Spack Field acting). 23.1.09-Everyman-cinema operator-opening at Trinity Leeds scheme, with 25,000 sq ft.-4 screens, to open in 2011. First venue outside south east. Has cinemas in Hampstead, Belsize Park, Islington, Baker Street, and Winchester. 17.1.09-Mosaic Fashions-seeking to sell Shoe Studio Group (Pied a Terre, Bertie, Roberto Vianni). 17.1.09-Kate Kuba-in administration (Fisher Partners). Still trading in 3 original stores in Muswell Hill, Loughton, and Oakwood. 17.1.09-McLeish Brothers-in administration-7 of 10 stores closed. (Tenon Recovery). 17.1.09-Mills Group-buying first new store since September 2006. It is in Leeds. 17.1.09-Diamond & Pearls-91 shops-notice of intention to appoint administrators. KPMG acting. 17.1.09-Victoria's Secret-searching for London flagship. CBRE acting. Has 1000 stores in US. Has considered Jaeger on Regent Street. 17.1.09-Cote-new group of mid-market French style bistros, has backing of Richard Caring, who is major shareholder. Other Director is Andy Bassadone. Seeking sites in London & South east. Has 4 outlets in Wimbledon, Richmond, Covent Garden, Wardour Street. Also to open in Kensington Court, off Kensington High Street. Wants 5 in 2009. 17.1.09-The Officers Club-in admin (PWC). Administrator closed 32 stores before Christmas, and more have now closed. Currently 115 are still trading. Dave Charlton is in negotiations with landlords to take the stores back. 17.1.09-USC-bought out of admin by West Coast Capital for just under £10m. Suppliers left with large debts.. USC claimed to have bought back 43 of its 58 stores. May only have secured 29. 17.1.09-East-Indian retailer Fabinda has bought a 25% stake. Seeking sites in India and emerging markets. Has 70+ stores and concessions in UK. 17.1.09-Browns-opening standalone footwear store at 63 Brook Street (was Browns Brides). 16.1.09-Recipease-Jamie Oliver's new food store concept, where customers prepare their own dishes with help from professional chefs. Opening in St Johns, Clapham Junction. May roll-out concept over UK. 16.1.09-Timpson-bought 187 stores from total of 314 Max Spielmann & Klick (was owned by Bowie Castlebank Group which went into administration in December 2008)shops from administrator KPMG. Timpson's now requesting 12 month rent free periods and 30% rent reductions on the stores. 16.1.09-Mosaic seeking to sell Shoe Studio. 16.1.09-JJB Sports-Sir David Jones, now executive chairman, seeking a buyer for its Lifestyle division-Original Shoe Company and Qube. 16.1.09-Blooming Marvellous-on the brink of administration. 16.1.09-Zavvi-40 stores closed. 16.1.09-Tchibo-seeking to close in UK. Trying to dispose of remaining 50 stores. 16.1.09-Celebrations-in administration. Now 214 stores remaining. 74 sold to Card Factory in December. Celebrations comprised Card Warehouse & Cardfair. 16.1.09-Bargain Booze-seeking via franchises, 50 to 100 new stores under Bargain Booze, Select Convenience, Thorougood fascias. 16.1.09-Woolworths-taken by various retailers-99p Stores-10; B&M-20; Home Bargains-20; Iceland-51; Heron Frozen Foods-15; Tesco-20; Sainsbury's-5. Others going to New Look, H&M, EWM, Boots, Southern Co-op. Others considering sites are Wilkinson, Matalan, TK Maxx, Poundland. 14.1.09-Game Group-remains cautious about 2009 prospects, although good 2008 results. Likely to open less units, and any expansion is likely to be overseas. 14.1.09-Topps Tiles-has 317 stores in UK. They may scale back expansion plans. 13.1.09-Sofa Workshop-may go into administration (Leonard Curtis advising). 13.1.09-Kcaj-Icelandic investment fund may go into administration-may be a fire-sale of its stakes in Jones the Bootmaker, Mountain Warehouse and Duchamp. Hardy Amies and Ghost already placed in admin (Ghost were subsequently bought out). Blooming Marvellous also on the brink. 13.1.09-Wm Morrison-creating new jobs-5000. Some from new stores. 13.1.09-Poundland-owned by Advent International-intends to open 30 stores in 2009. 13.1.09-Land of Leather-into administration (Deloitte acting). 109 stores. Apparently had no debt, but Barclays refused a loan of about £10m. 10.1.09-Smollensky's on Strand & Canary Wharf sold to Kornicis Group, investment vehicle of Nick Tamblyn, ex Chorion. This follows the administration of Smollensky's parent company the Grill Group. 10.1.09-Southern Co-op taken 13 stores from Nearby Stores (in admin-had 33 stores. KPMG acting). 10.1.09-Fishworks-shares still suspended. Has 10 stores-London, Bath, Bristol, Christchurch. 9.1.09-Ted Baker-went for sales at the expense of margin. 9.1.09-Peacocks-526 stores. They see the demise of other retailers as an opportunity to expand store numbers. They opened 25 new stores in the last 9 months. Intends to open 50 over the next 2 years. 9.1.09-J Sainsbury-reported sales growth of 4.5% in 13 weeks to Jan 13th. 9.1.09-Majestic Wines-sales dropped 2.9% over 10 weeks to Jan 5th. Reductions in champagne sales. 9.1.09-House of Fraser-like for like sales down 1.5% in the 5 weeks to Jan 3rd, although sales were 4.5% overall. No store openings planned for next 2 years. Likely to spend less on store refurbishments. 9.1.09-Cash Generator-hopes to take 20 stores a year. Has 70. Mainly inside M25. MD-Julian Urry. 9.1.09-Phase Eight-appointed Michael Rahamim (was at Kookai) as Chairman. 70 stores. Was bought by a Kaupthing consortium. 9.1.09-Suit Supply-seeking 30 to 40 stores in the UK over next 5 years. A Dutch retailer, with 30 in Holland, Belgium, Lithuania. Has 2 stores, 3rd to open in Leadenhall. 9.1.09-Jamie Oliver-to roll out a chain of shops selling his own brands in Battersea & Brighton ( and maybe central London) under the Recipease name; approx 1500 sq ft. (Montagu Evans acting). 9.1.09-Sofa Workshop-40 stores-in administration (Leonard Curtis). 9.1.09-Zavvi-ColliersCRE acting with Ernst & Young on disposals of 125 stores. 9.1.09-Woolworths-Deloitte & CBRE progressing with selling leases to Heron Frozen Foods, 99p Stores, New Look, Sainsbury's, Edinburgh Woollen Mills, B&M Bargains, Iceland (53 stores), Southern Coop. 9.1.09-M&S-to close 25 unprofitable Simply Food stores. Also Valley Park Croydon, and Woking's Peacock store. 9.1.09-Vodafone-50 store roll-out by March 2009. Jan 2009-Charles Tyrwhitt-Nick Wheeler CEO-sees potential for 50 stores. Has 13 worldwide. Opening in City in April. Jan 2009-Local4U-8 to be opened by Parfetts Cash & Carry. Has 6 to date. Bulwell-2000 sq ft. Jan 2009-Premium Bars & Restaurants-shares suspended. They own the Prohibition and Living Room bar chains. Company is negotiating banking facilities. Jan 2009-Blooming Marvellous-14 stores-on brink of administration. Jan 2009-Zavvi-in administration. 6 stores will return to the reponsibility of Virgin Group. Jan 2009-USC-in admin. Bought out by Tom Hunter's West Coast Capital (43 of USC's 58 shops). The other 15 left with the administrator. Jan 2009-Dunelm-seeking to expand to take advantage of cheap vacant properties. Has 79 out of town stores. Wants a total of 150. Jan 2009-Planet Organic-opened 2 stores in 2008, in Islington & Muswell Hill. Jan 2009-Passion for Perfume-in administration. (Deloitte). 45 stores.