All Property and Planning articles – Page 4
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NewsFarmfoods on expansion drive after annual turnover passes £1bn
The discounter is targeting between 20 and 30 new stores a year, with a particular focus on London, where it has appointed two property acquisition managers
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NewsLidl publishes latest ‘wish list’ of hundreds of new store locations
The discounter is offering a site finder’s fee of either 1.5% of the total freehold purchase price, or 10% of the first year’s rent for leaseholds
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NewsCo-op has weeks to engage in settlement talks over £450m legal claim to avoid trial
The claim centres around the £500m sale of nearly 500 former Somerfield stores in 2015
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NewsCo-op hires Rachel Hargreaves from Lidl to bolster property team
At the Co-op she will take up the newly created role of director of property, development and estates
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NewsPoundland closes nine former Wilko stores
A Poundland spokesman said affected staff had been offered roles at nearby stores in all cases
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NewsRetail development activity hits record low
Construction orders – a reflection of development activity – totalled £1.3bn in the fourth quarter of last year on a rolling annual basis, the lowest level since the data series began in 1985
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Analysis & FeaturesWhat has happened to Aldi’s stratospheric growth story?
Aldi is now only the seventh fastest grower – with discount rival Lidl still surging ahead. So what’s changed in the past six months?
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Comment & OpinionWhy Amazon is walking back on Just Walk Out technology
After heralding its Just Walk Out technology as a development that would “push the state of the art forward”, Amazon has decided, actually, nah, and is stripping the tech out of its US stores
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NewsOne Stop boosts company-owned estate with 27 new stores
It marks its strongest year for store openings since 2018, while creating over 300 new jobs in local communities
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NewsAldi to open 35 new UK stores this year
The discounter is set to invest £550m in expanding its UK footprint this year, while creating about 40 jobs per new store
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Analysis & FeaturesWhole Foods Market: how realistic is ‘expansion in the UK’ for Amazon’s white elephant?
Whole Foods Market says closing two UK stores and DC paves the way for growth
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NewsAldi publishes ‘wish list’ of London locations for new stores
The discounter has said it wants to open 100 more stores within the M25 – adding to the more than 50 it has now – in a £500m investment
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NewsLidl decides not to wait for investors to fund new stores
The discounter has appointed contractors to build a number of new stores
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Comment & OpinionWaitrose ‘back to basics’ store approach bodes well for JLP’s turnaround
The partnership is back in profit after two years of consecutive losses and lost market share
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NewsCity snapshot: Resurgent Tesco and Sainsbury’s supports first-half profit growth at Supermarket Income REIT
Property investor Supermarket Income REIT has boosted operating profits by 18% to £45m in the first half following a 10% increase in rent at the company to £104.7m
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NewsCity snapshot: Property giant British Land raids Marston’s for chair appointment
British Land has announced it has appointed current Marston’s char William Rucker as its own chair designate
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Analysis & FeaturesWhat Gove got wrong in ‘unlawful’ M&S Marble Arch decision
M&S has won a High Court victory for its Marble Arch store plans
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NewsDebt-fuelled sale & leasebacks drove record supermarket deals in 2023
An ‘exceptional level’ of sale & leasebacks in 2023 was led by Asda and Morrisons as they sought to pay down debt and by Waitrose in funding its turnaround plans, according to Colliers
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NewsCut business rates and reform Apprenticeship Levy, says M&S boss
Stuart Machin has set out what he wants to see announced in Wednesday’s spring budget
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NewsM&S wins High Court victory over Michael Gove’s Marble Arch store decision
The High Court found the decision taken by Gove as levelling up secretary last summer was unlawful