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Tag: Owner

Dr Martens owner among investors bidding for Gymshark stake

// Dr Martens owner Permira joins bidding war for Gymshark stake // Other firms looking to make a bid include Inflexion Private Equity, General Atlantic, TSG Partners & L Cattertonare // Gmshark is understood to be planning a £1 billion valuation via a minority stake sale The private equity owner of Dr Martens has reportedly …

Dr Martens owner among investors bidding for Gymshark stakeRead More

B&Q owner should do decent thing and return its furlough payments | Kingfisher

In retrospect, it was obvious: DIY stores, once they could reopen fully, would enjoy a boom. Office workers stuck at home are more inclined to do their place up, and many will have more time to do fiddly jobs. Even so, sales at Kingfisher, owner of B&Q and Screwfix, aren’t simply strong, but are spectacularly …

B&Q owner should do decent thing and return its furlough payments | KingfisherRead More

Retailers paid less than a third of June rent – Bluewater co-owner | Business

Landsec, the property group behind the Trinity Leeds shopping centre and Bluewater in Kent, said struggling retailers paid less than a third of the rent due last month. Retailers paid only £9m of the £31m rent due on stores on 24 June, which equates to 29% of the total. This time last year its retail …

Retailers paid less than a third of June rent – Bluewater co-owner | BusinessRead More

Casinos see strong sales despite social distancing, owner says

Las Vegas casino owner Derek Stevens said Thursday that although social distancing protocols are limiting the amount of people inside his casinos, sales in June were higher than a year ago.  “What’s really surprising is actually our slot numbers, our table numbers, are up, and in some areas up dramatically,” Stevens said on CNBC’ “Squawk …

Casinos see strong sales despite social distancing, owner saysRead More

Mall owner CBL says it’s in forbearance over skipped interest payment

CoolSprings Galleria Mall, Franklin, TN Source: CBL Properties Mall owner CBL & Associates said Wednesday it has entered into a forbearance agreement with its lenders over a missed interest payment.  With bills piling up and many of its retail tenants opting to not pay rent during the coronavirus pandemic, CBL did not make an $11.8 …

Mall owner CBL says it’s in forbearance over skipped interest paymentRead More

Here’s why the biggest U.S. mall owner might want to buy JC Penney

Simon Property Group might want to own bankrupt J.C. Penney in order to be able to redevelop some of its best real estate and make it even better, according to one analyst.  “We believe Simon wants to control the J.C. Penney boxes and land so that it can ultimately redevelop many of these in order …

Here’s why the biggest U.S. mall owner might want to buy JC PenneyRead More

Shopping centre owner Intu collapses into administration | Business

Intu Properties has collapsed into administration after the heavily indebted shopping centre owner failed to secure an agreement with its creditors. The company, whose centres include Lakeside in Essex, the Trafford Centre in Manchester and Gateshead’s Metrocentre, has debts of more than £4.5bn and was unable to persuade lenders to grant a standstill on debt …

Shopping centre owner Intu collapses into administration | BusinessRead More

Shopping center owner Kimco tries to help small tenants

The Little Neck Plaza in Little Neck, NY owned by Kimco Realty. Google Earth A major shopping center owner in the U.S. has taken matters into its own hands to try to help small business owners get access to funds from the federal government and from states that can help them pay rent.  Kimco Realty, which …

Shopping center owner Kimco tries to help small tenantsRead More

Transforming Your Passion into a Business Initiative – Insights from a Retail Owner

Rekha Brar – Blossom Box Jewelry After celebrating International Women’s Day on March 8 and recognizing the month of March as Women’s History Month, I’ve been reflecting on my career path and journey as a female business owner in the retail industry. I started my career as an accountant, but after spending a few years …

Transforming Your Passion into a Business Initiative – Insights from a Retail OwnerRead More

NRAI urges mall owner to waive rents for restaurants till June

Hit by the coronavirus crisis and the nation-wide lockdown, the National Restaurant Association of India (NRAI) has urged landlords in the food and beverage (F&B) or restaurant industry to waive their rents and the common area maintenance charges till June or till the lockdown lasts. In an open letter to the landlords in the food …

NRAI urges mall owner to waive rents for restaurants till JuneRead More