All Property and Planning articles – Page 15
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News
Semichem 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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News
City 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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News
Co-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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News
Industry 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
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News
Gorillas secures five-year lease on London HQ
Gorillas Technologies has signed up to a 4,500 sq ft space within a former billiard table factory
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News
20 new stores in one month help Lidl hit target despite pandemic
Lidl must open more than 50 UK stores a year to hit its long-term target of 1,000 by 2023
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News
Government accused of ‘groundhog day’ inaction over business rates report
The government has published a report on its review of business rates, which industry chiefs say contains nothing new
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News
Over 200 Iceland stores ideal for Swift conversion, says study
Shopper and location data specialist CACI analysed Iceland’s estate and identified stores most suitable for the new convenience format
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Comment & Opinion
The online tax debate simply highlights the problem with business rates
Although it’s later than desired, it’s perhaps a good sign that the government will be looking at the online tax in autumn
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Comment & Opinion
Retail’s rent debt crisis: how the government’s call for evidence could help
The government has signalled its willingness to resort to ‘legislative options’ to address the impasse over mounting rent debt
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News
Co-op sets out to double franchise estate by year end
The retailer told The Grocer that five franchise stores will be opening in the next six weeks
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News
Poundland eyes another €20m saving through further rent talks with landlords
Costs are already down 36% on leases renegotiated in the last two years
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News
Amazon opens second London ‘just walk out’ Amazon Fresh store
Its first store opened earlier this month in Ealing
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Analysis & Features
How retail parks have become prime grocery retail locations
Space has opened up in out-of-town retail parks – and shoppers feel more comfortable there. So food retailers are moving in. But will the trend last?
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News
John Lewis warns of further department store closures
JLP chairman Sharon White said she did ’not expect to reopen all John Lewis shops at the end of lockdown’
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Analysis & Features
How Covid has turned retail rents on their head
It’s an ‘occupier’s market’ as landlords have lost powers to evict. So how are retailers capitalising on that shift?
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Analysis & Features
Will Amazon’s no-checkout store change how we shop?
The Amazon Fresh store in Ealing is already proving popular, with more set to follow – so is it a game-changer for UK grocery?
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News
City snapshot: Property giant Hammerson posts £1.7bn loss amid coronavirus slump
The UK’s biggest shopping centre owner Hammerson has posted a £1.7bn annual loss as the coronavirus pandemic has slashed the value of its portfolio and rental income plummeted.
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News
Sainsbury’s opens fifth ‘Neighbourhood Hub’ branch in Billingshurst, West Sussex
Sainsbury’s first piloted the ‘Neighbourhood Hub’ concept at its Woodhall Spa, Lincolnshire branch in 2019
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Analysis & Features
How can we stop Britain’s high streets becoming ghost towns?
The pandemic has accelerated the high street’s decline. Is government support the answer, or does the concept need a wholesale rethink?