All Property and Planning articles – Page 14
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High street regeneration strategy launched by government
The ’Build Back Better High Streets’ strategy includes giving councils in England powers to convert derelict buildings into homes using compulsory purchase orders
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Retailers warned of high business rates over failure to respond to revaluation
The Valuation Office Agency, which collects information on shop rents used to calculate future rates, has expressed concern that too few businesses are providing details
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Pandemic delays new store fitouts for discounter Mere
Mere UK business development manager Aleksandr Chkalov this week told The Grocer he had initially envisaged it opening last year
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Co-op eyeing 40 franchise stores by the end of the year
Co-op opened 14 franchise stores over an 11-week period from mid-March
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Business rates outstripping rent for retailers, says Colliers
Landlords desperate to keep shops occupied are offering sweeteners such as rent-free periods, but rates bills are scuppering deals
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Lidl and Aldi ‘will be 12-24 months late hitting store opening targets’
Trading overlap with their own and each other’s stores will hamper progress, say retail location analysts
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Business rates revaluations to take place every three years instead of five
The move will make the tax better reflect changing economic conditions, according to a government consultation
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Lidl publishes wish list of new UK locations as it opens 860th UK store
’We are calling on developers and landlords up and down the country to help find potential sites,’ said Lidl GB CEO Christian Härtnagel
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‘Very few’ places where Mere can open stores without being near an existing discounter
However, there are over 250 locations suitable for the Russian retailer if it doesn’t mind being near a Lidl or Aldi
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Amazon’s London expansion continues with Camden store
The e-commerce giant launched its first physical retail site outside North America in Ealing in March
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One Below aiming for 90 stores by the end of 2021
The business has already grown from about 60 stores before the pandemic to 75 now as retail vacancy rates provide expansion opportunities
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Russian discounter Mere aiming for 300 UK stores in 10 years
The hard discounter, which claims it will undercut Lidl and Aldi by 20%-30%, is determined to scale its UK presence
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‘Convenience discounter’ MaxiSaver eyes tripling of estate by year end
The retailer currently has eight stores in the Midlands, having first launched last August
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Ocado expansion plans dealt major blow by High Court
Ocado took Islington Council to court over opposition to its new delivery spoke in the area
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Sainsbury’s opens two new Neighbourhood Hub stores
Sainsbury’s latest Neighbourhood Hubs have opened in London and Kent
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Co-op to open seventh university franchise store in Keele
The new store will be run by Keele University Students’ Union
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Sainsbury’s begins construction of new flagship store in Hendon
The retailer’s current Hendon branch is set to remain open until the new store is completed
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Henderson Group opens 300th Spar store in Northern Ireland
The store opened last week in County Tyrone
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Nisa retailer Amacor Capital adds 13th store to fast-growing portfolio
The newest site, in Hebden Bridge, will continue to trade under a Nisa Local fascia, meaning customers will be unaffected by the handover
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Appleby Westward triples size of Wessex Retail subdivision in under two years
The Spar wholesaler currently has 22 stores trading under the subsidiary, after starting off with just seven in December 2019