All Property and Planning articles – Page 10
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News
Sainsbury’s £500m sale and leaseback store deal scrapped
A £500m sale and leaseback transaction for 18 Sainsbury’s stores announced last week has colllapsed
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News
Aldi boss admits store opening programme more challenging than expected, as it misses target
The discounter was aiming to have 1,000 UK stores by 2022 but currently has only 970, with another 16 to be opened this year
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News
Mini budget slammed as missed chance to fix business rates
BRC CEO Helen Dickinson said retailers would have to pass the rising bill on to shoppers
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News
City snapshot: Shoppers pull back supermarket spending to tackle cost-of-living crisis
Shoppers reined in spending at supermarkets following the end of the summer holidays, according to new research this morning. Plus, LXi REIT confirms talks with Sainsbury’s over £500m sale-and-leaseback deal, Tesco makes new board appointment, and full-year results from Supermarket Income REIT and Egale Eye Solutions.
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News
Waitrose admits having land deals blocking rival supermarkets from opening nearby
The supermarket has agreed to remove so-called restrictive covenants from its property deals following an investigation by the Competition & Markets Authority
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Planet Organic sets new store estate target despite losses
Planet Organic is now aiming to open 100 new stores across the UK over the next three years
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Comment & Opinion
Why we shouldn’t write off Amazon Fresh stores just yet
With a new physical store leadership team formed under Tesco veteran Tony Hoggett, Fresh’s expansion pause is likely to be just that
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News
Amazon halts rollout of Fresh stores across the UK
Amazon opened its first checkout-free convenience store in Ealing in March last year, its first physical retail site outside North America
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News
Iceland opens fifth Swift c-store, in London’s Finsbury Park
Swift stores have a more convenience-focused range than Iceland core stores, covering fresh, chilled, frozen, food to go, alcohol and tobacco
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News
Ocado reveals location of first rapid delivery depot outside of London
Ocado said a new Zoom warehouse in Leeds will open by the end of the year
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News
I Vape Great to build £7m facility as revenues expected to break £100m
The company recently secured Premarket Tobacco Product Application (PMTA) which allows the sale of IVG in the US market
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Planet Organic to open first store outside London
The specialist organic retailer will open a new location in Henley-on-Thames in the autumn
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Stockpiling keeps demand for warehouse space at record highs
Retailers and manufacturers are making more use of third-party logistics businesses to stockpile amid supply chain disruption, according to CBRE
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News
Aldi looking for larger stores in latest nationwide hunt
The discounter is offering a finder’s fee to anyone who can recommend a site suitable for a 20,000 sq ft store – 2,000 ft larger than its usual minimum
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News
Tory leadership contenders urged to commit to business rates reform
They should commit to delivering promises made in the Conservative manifesto rather than ‘throw around tax cuts like confetti’, says leading property consultancy Colliers
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News
Asda opens first convenience store in Scotland
The new Asda on the Move store in Livingston is its 36th convenience store being run in partnership with EG Group
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News
Holland & Barrett sees UK sales drop £10m as Covid effects continue
Pre-tax profits jumped from £5.7m to £43.6m as the group consolidated online revenues
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News
M&S ‘bewildered’ after Michael Gove calls in Marble Arch development plan
The retailer plans to demolish the current 92-year-old building on 458 Oxford Street and replace it with a modern retail and office complex
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News
Amazon chooses Sevenoaks for first checkout-free Fresh store outside London
The store is the 19th Amazon Fresh store to open in the UK, the first of which opened in Ealing in March last year
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News
Waitrose stores in London first to take part in John Lewis rental housing project
Waitrose’s parent company is set to build new housing at three proposed locations, including over the supermarket’s shops in Bromley and West Ealing, in London