Intu is investing an additional £13m in Intu Watford to replace existing flooring, ceilings and lighting, and upgrade the car parks. The makeover is expected to be ready in time for the launch of the centre’s extension.
Department store chain House of Fraser’s new majority owner has a major challenge ahead as it battles to bring the retailer back to health with Thursday seeing HoF posting a shock almost-£44 million loss for 2017.
As the 17,000 staff who work at House of Fraser stores digest news of its likely new ownership and soon-to-happen CVA, analysts have said the new investment from C.Banner could spur a recovery at the retail chain.
In what has become a familiar scenario in the UK, Jacques Vert will be the latest fashion name set to go under with the womenswear group preparing to call in administrators less than 12 months after it was last rescued.
A new partnership between UK department store Debenhams and Western Union will see the retailer offer global money transfer to more than 200 countries and territories via existing travel money bureaux.
Available in the UK for the last five years through department store chain Debenhams, the Kidiliz group-owned Levi's Kids brand is hoping to boost its visibility in the country with pop-up stores in 100 locations.