All Property and Planning articles – Page 11
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News
Lidl opens one of its biggest ever UK stores at 27,000 sq ft
The discounter has insisted it may have a “slightly bigger” store elsewhere in the UK but has not clarified where
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News
Traditional shops paying ‘eight times more’ in business rates than online retailers
For every £100 earned by shops in Britain, £2.91 is payable in business rates, while for online retailers the figure is just 34p, according to Altus Group
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News
Tesco converting excess store space to flexible offices for hybrid workers
The supermarket is taking advantage of the pandemic-driven shift to home working
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News
M&S defends Marble Arch store plans after government halts redevelopment
The retailer has claimed the renovation plans will “positively impact the environment”
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News
Demand for warehouse space continues to outstrip supply, driving up rents
Some 11.3 million sq ft was taken in the first three months of the year, 11% up on the five-year average in quarter one, according to Colliers
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Plans to force landlords to let vacant shops dismissed as ‘gimmick’
Landlords will be forced to rent shops out to the highest bidder if they have been vacant for over a year
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News
Shop vacancy rates are falling but more uncertainty looms, warns BRC
It is only the second quarter in which the vacancy rate has fallen during the last four years
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News
Lidl offers finder’s fee to anyone who identifies a suitable site for a new store
It would mean a £22,500 fee for finding a location that leads to a £1.5m freehold purchase
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News
Property sell off takes Asda profits past £1bn
Asda’s statutory profits topped £1bn last year, according to newly filed accounts, as the group benefited from a one-off gain of almost £400m on property sales
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News
Iceland opens second Swift convenience store, in Wembley
It is to be followed by three more within the M25 as Iceland expands the concept it launched a year ago as a single-store pilot in Newcastle
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Iceland to roll out its Swift c-store format to London
Launched as a single-store pilot in Newcastle last spring, the convenience format is now set to extend to four more stores in London over the next few months
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News
Store Group to bolster estate following new COO and CFO appointments
Retailer has appointed Lee Rhodes as its new chief operating officer and Kevin Boyle as chief financial officer
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Analysis & Features
How rapid delivery has led a space race in the UK’s cities
Amazon, Deliveroo, and rapid delivery players are among those competing for a shrinking pool of warehouse space as the need for speed ramps up
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Analysis & Features
How Covid has changed the supermarkets’ property plans
Two years of Covid has transformed shopping patterns and left property plans in disarray. For some retailers, a new strategy is needed
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News
Supermarkets ‘need to revisit expansion strategies’ in light of levelling-up agenda
The warning came as analysis revealed how under-represented some supermarkets are in the first towns in line to benefit from ‘King’s Cross-style regeneration projects’ in government plans
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Town centre supermarkets 'at greater risk of closure as online grows'
The poorer suitability of town centre sites to serving online orders could put them in the firing line amid store opening activity elsewhere, according to Atrato Capital
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Ocado’s Islington spoke plan suffers another setback
The Nocado campaign called the decision “a huge relief”.
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New Iceland stores being held up by underfunded councils
The delays are holding up the investment and access to jobs needed for the government to achieve its ‘levelling up’ ambitions, according to Iceland MD Richard Walker
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Waitrose takes biggest hit to passing footfall in pandemic
Data analysts CACI used mobile phone location data to track average weekly footfall in the area immediately surrounding stores during the pandemic
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News
Lidl appoints Richard Taylor chief development officer as Alan Barry returns to Ireland
Barry moved to Lidl GB from Lidl Ireland, where he had also been chief development officer, early last year