All Property and Planning articles – Page 10
-
News
Business rates reform: industry leaders outraged at new government delay
The plans have been “kicked into the long grass” because Chancellor Rishi Sunak has been too busy to consider them in the pandemic, it has been reported
-
News
Retailer stockpiling drives surge in demand for warehouse space
Warehouse space take-up in the first three quarters of 2021 hit 46.9 million sq ft, 27% up on the same period in 2020, according to property consultancy Knight Frank
-
News
Landlords urge chancellor to end ‘routine abuse’ of insolvency regime by retailers
The British Property Federation’s Budget submission to the chancellor renews its call for reform of the UK’s insolvency framework
-
News
BRC calls on chancellor to cut business rates in autumn Budget
The BRC’s call comes as a new report commissioned by retailers including Tesco, Sainsbury’s, Morrisons and Co-op claims reducing business rates could boost the government’s ‘levelling up’ agenda
-
News
Poundland sales and profits tumble after lockdowns hit footfall
Turnover for the year to 27 September 2020 was down 4.5% to £1.48bn, while operating profit plummeted from £26.7m to £8.6m
-
News
Heron Foods estate growth slowed by pandemic
The frozen food retailer has a long-term vision to grow the business but 20 to 30 stores a year, but the estate grew by just 13 in the year to 27 March 2021
-
News
Poundstretcher served notice to vacate by 63 landlords
The notices have followed rent cuts demanded by Poundstretcher in a restructuring plan launched last year
-
News
Ocado launches second biggest CFC, in Purfleet
Ocado Retail’s sixth CFC opening coincides with the one-year anniversary of its switchover from Waitrose to M&S
-
News
Online boom sees nearly 50 ‘super shed’ warehouses created in 2020 across England and Wales
The space is about the same as that lost in physical retail this year
-
News
Hotel Chocolat creates 140 new manufacturing jobs in Huntingdon
The confectionery retailer is recruiting personnel to help upscale the current 45,000 sq ft site to a 195,000 sq ft state-of-the-art factory
-
News
Supermarkets delay complying with CMA call on restrictive land agreements
The Competition & Markets Authority wrote to Sainsbury’s, Morrisons, Asda, Co-op, Waitrose and M&S asking them to demonstrate their compliance
-
News
M&S relocating Leeds store to former Debenhams site
Property developer Landsec said the new store would feature a 15,000 sq ft M&S Foodhall
-
News
SimplyFresh launches new ‘Market’ store concept in Redditch
The concept was to become a destination food store, that brought together grocery, foodservice and coffee
-
News
Poundstretcher’s estate shrinks by 75 stores in year following CVA
The net decline comes despite Poundstretcher also opening stores, meaning the number to have closed will be higher
-
News
VOA accused of laying groundwork for delay to business rates revaluation
The VOA this week expressed concern not enough businesses were submitting rent information needed for the next adjustment to the tax, due in 2023, to properly reflect the impact of the pandemic
-
News
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
-
News
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
-
News
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
-
News
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
-
News
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