All Property and Planning articles – Page 15
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Comment & OpinionTesco’s Metro closures reflect its failure to reinvent the format. What’s next?
The writing has been on the wall since Tesco launched a review of its Metro lineup two years ago
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NewsAmazon opens fourth checkout-free Fresh store, in Canary Wharf
Amazon has opened new Fresh stores in the capital at a rate of one every 19 days
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NewsTesco scraps Metro format blaming shift in customer habits
In August 2019, the supermarket announced it was carrying out a major overhaul of Metro
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NewsRates overtaking rent as biggest retail property cost
Business rates are currently based on open market rents in 2015, but values have plummeted since
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NewsNew discounter Mere looking for landlords across the UK
The Russian-founded chain has published a wish list of UK locations
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NewsAF Blakemore to close Hastings depot ahead of £15m Bedford site opening
AF Blakemore is now managing the controlled changeover from Hastings to the new Bedford DC
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NewsWoods Foodservice expands into fresh with new depot
The unit is on same Uxbridge industrial estate as its existing warehouse
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NewsHospitality calls on government to make landlords write off half of lockdown rent debt
UKHospitality CEO Kate Nicholls has written to communities secretary Robert Jenrick calling for the government to mandate ‘the sharing of pain’
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NewsLidl asked landlord for ‘Covid clause’ in event of future lockdowns
The discounter is understood to have argued it should get a rent concession in future lockdowns on the grounds it could be negatively affected by the closure of nearby non-essential shops
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Comment & OpinionNestlé’s factory closure is a kick in the teeth for staff - and could be for its smaller brands too
Nestlé has announced plans to close its factory in Fawdon, near Newcastle, which produces Rolo, Munchies and Fruit Pastilles
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NewsNestlé to axe 600 jobs as it closes factory in Fawdon, Newcastle
Nestlé is to switch focus to production of its biggest brands
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NewsAscona Group set to almost double estate to 120 sites within a year
The forecourt operator currently has a 56-site network across England and Wales and is “evaluating” opportunities in Scotland
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NewsKitwave eyes autumn moving date for HB Clark’s new HQ
The move will see HB Clark relocate from its current 40,000 sq ft depot in Westgate Brewer
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NewsE-commerce growth behind soaring demand for logistics space
The number of individual deals completed had more than doubled year on year
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NewsAmazon opens third ‘Just Walk Out’ store in London
Its first Amazon Fresh store opened in Ealing last month, followed by the second next to Wembley Stadium
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NewsLWC Drinks relocates HQ to £12.5m Oldham depot
The Oldham site will offer a dedicated area for Click N Drink, its DTC division launched in 2020
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NewsSemichem to close up to 22 stores putting 140 jobs at risk
The move comes in response to a 75% drop in footfall in some locations due to lockdowns
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NewsCity snapshot: LXi REIT buys grocery sites for £85m
Property investor LXi REIT has purchased six grocery assets for £85m, including Lidl, Aldi, Tesco and Co-op stores. Plus, Domino’s continues Nordic exit with sale of Iceland business, and Wynnstay completes reorganisation with appointment of commercial sales and marketing director.
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NewsCo-op opens third franchise store of the year, in St Helens
The store was previously run as a Spar by owner Stephen Richards
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NewsIndustry slams government decision to block Covid-linked business rates appeals
The government had been facing hundreds of thousands of appeals on the grounds of a ‘material change of circumstance’ in the pandemic, estimated to be worth £5bn