All Property and Planning articles – Page 3
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NewsNearly 40 proposed Aldi stores being held up by planning objections from rival supermarkets
As Aldi and Lidl continue to take customers from rivals in droves, both are facing planning complaints
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News
Poundland to open eight new stores in ‘super Saturday’ expansion push
The variety discounter is set to add 100,000 sq ft to its estate in time for Christmas, creating 160 new jobs
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Business rates hike could mean financial collapse for many, warehousing sector warns
The logistics sector is hardest hit – dubbed the “losers” of the change by Colliers – because of the point in time property values have been taken: April 2021
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Business rates revaluation: retailers ‘the biggest winners’
In some areas, including Oxford Street in London, shops’ rateable values have fallen by as much as 30%, said Colliers head of business rates John Webber
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Lidl ‘well stocked for Christmas’ after sporadic localised summer availability issues
Lidl GB chief Ryan McDonnell acknowledged there had been sporadic localised issues throughout the summer but said it was ‘well stocked’ for the festive season
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Wilko sells distribution centre to DHL for £48m
The business refinancing will let the homes and garden retailer improve its proposition and customer experience across its 402 stores and online, according to Wilko
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M&S ‘vows to leave’ Marble Arch site if planning application fails at Westminster
M&S – which has filed plans to demolish and rebuild the nearly century-old store – said that refurbishing its existing store would be “unsustainable” and “undeliverable”
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M&S accelerates turnaround plan and brings forward food store opening target
In recent years, M&S has focused on opening larger-format stores in areas such as retail parks to attract more families and achieve bigger basket spending
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Comment & Opinion
Aldi’s new ‘eco concept store’ is about much more than saving energy
The discounter is closing legacy sites – some of which are 30 years old – and opening bigger ones nearby
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News
Landlord software business MRI acquires footfall data firm Springboard
UK-based Springboard provides footfall counting and artificial intelligence-powered analytics using existing camera networks at retail destinations
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Lidl and Aldi’s store opening programmes facing barrage of rival planning objections
With shoppers switching to the discounters in their droves due to the cost of living crisis, the objections are thwarting their ability to serve yet more
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Sainsbury’s £500m sale and leaseback store deal scrapped
A £500m sale and leaseback transaction for 18 Sainsbury’s stores announced last week has colllapsed
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Aldi boss admits store opening programme more challenging than expected, as it misses target
The discounter was aiming to have 1,000 UK stores by 2022 but currently has only 970, with another 16 to be opened this year
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Mini budget slammed as missed chance to fix business rates
BRC CEO Helen Dickinson said retailers would have to pass the rising bill on to shoppers
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City snapshot: Shoppers pull back supermarket spending to tackle cost-of-living crisis
Shoppers reined in spending at supermarkets following the end of the summer holidays, according to new research this morning. Plus, LXi REIT confirms talks with Sainsbury’s over £500m sale-and-leaseback deal, Tesco makes new board appointment, and full-year results from Supermarket Income REIT and Egale Eye Solutions.
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Waitrose admits having land deals blocking rival supermarkets from opening nearby
The supermarket has agreed to remove so-called restrictive covenants from its property deals following an investigation by the Competition & Markets Authority
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Planet Organic sets new store estate target despite losses
Planet Organic is now aiming to open 100 new stores across the UK over the next three years
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Comment & Opinion
Why we shouldn’t write off Amazon Fresh stores just yet
With a new physical store leadership team formed under Tesco veteran Tony Hoggett, Fresh’s expansion pause is likely to be just that
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Amazon halts rollout of Fresh stores across the UK
Amazon opened its first checkout-free convenience store in Ealing in March last year, its first physical retail site outside North America
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Iceland opens fifth Swift c-store, in London’s Finsbury Park
Swift stores have a more convenience-focused range than Iceland core stores, covering fresh, chilled, frozen, food to go, alcohol and tobacco
