Stores news – Page 18
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Morrisons sale and leaseback stores ‘cheaper than other grocers’
A property industry source said the price people will pay for a Morrisons is less than for a Sainsbury’s or Tesco
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Confectionery sales up despite HFSS display ban, say retailers
Some convenience stores have reported an increase in sales of sweets, snacks and other HFSS goods
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Amazon adding card payment option to ‘Just Walk Out’ Fresh store
Customers in Angel, London, will have the option to pay by card on exit when the store reopens
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Shops in England to see business rates bill drop by more than 50%
The average shop’s bill will fall from £8,172 in 2022/23 to £3,678 in 2023/24, according to retail estate advisors Altus Group
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Pheasant and partridge shortages loom amid lead ammo bans
The game sector has been reluctant to switch to steel-based alternatives despite major retailers having imposed bans on birds shot with lead ammo
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City snapshot: Supermarket Income REIT grocery portfolio value drops by £250m amid rising rates
Supermarket property investor Supermarket Income REIT has seen the value of its portfolio drop by almost £250m over the past six months amid rising UK interest rates
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Cake manufacturers face heavy palm oil disruption over EU deforestation laws
New due diligence legislation will require businesses trading in or with the EU to prove their supply chains are deforestation-free
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Aldi buys more British apples than any other UK supermarket in February
Data from the growers association has revealed that Aldi topped the chart followed by Tesco, Sainsbury’s and Lidl in February
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UK backs Ukraine traders with new digital deal
The deal should ‘make Ukrainian suppliers more appealing to UK importers’
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Meat-free growth tailing off as retailers shrink ranges
The number of meat alternative lines in the traditional big four and Waitrose fell 10.9% during the six months to 20 March
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Palm oil-free spread The Flower Farm secures Sainsbury’s listing
The Dutch-owned brand has expanded its presence in the UK with its first major retail listing
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Nestlé to pull ‘not viable’ plant-based brands Wunda and Garden Gourmet
The two brands, plus Nestlé’s Middle East-inspired Mezeast range, will disappear from supermarket shelves in Q2
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Lidl’s store opening slowdown set ‘to last until 2026’
The slowdown has also extended to recruitment activity
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Labour agencies to face supermarket scrutiny over exploitation claims
Retailers are stepping in to increase audits of recruitment agencies over debt bondage concerns
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Shortages of fruit & veg linger despite end to restrictions
The traditional big four has had lower than normal levels on core tomato, cucumber and pepper lines following significant shortages last month, analysis of Assosia data has revealed
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Tesco lifts all fruit and veg rationing following Asda, Lidl and Aldi
The retailer confirmed to The Grocer it had removed buying limits on tomatoes, peppers and cucumbers
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Jempson’s to become second Together with Morrisons retailer, switching all six stores
Currently supplied by Nisa, the first store to switch over is the 35,000 sq ft Peasmarsh supermarket in East Sussex, later this spring
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Poundland hits back at East Dulwich ‘reverse gentrification’ claims
Poundland’s planned store in south London’s wealthy East Dulwich prompted some residents to take to online forums and Facebook groups expressing fears it would lower the tone of the area
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Investors salivating as ‘distressed’ Morrisons mulls selling off stores
Such a move could be ‘disastrous’ for Morrisons in the long-term thanks to depressed valuations, according to a property source
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Soaring production costs to force chicken shortages
Rising production costs in excess of 18% are outstripping retail price inflation