All Property and Planning articles – Page 16
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NewsAsda opens first convenience store in Scotland
The new Asda on the Move store in Livingston is its 36th convenience store being run in partnership with EG Group
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NewsHolland & Barrett sees UK sales drop £10m as Covid effects continue
Pre-tax profits jumped from £5.7m to £43.6m as the group consolidated online revenues
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NewsM&S ‘bewildered’ after Michael Gove calls in Marble Arch development plan
The retailer plans to demolish the current 92-year-old building on 458 Oxford Street and replace it with a modern retail and office complex
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NewsAmazon chooses Sevenoaks for first checkout-free Fresh store outside London
The store is the 19th Amazon Fresh store to open in the UK, the first of which opened in Ealing in March last year
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NewsWaitrose stores in London first to take part in John Lewis rental housing project
Waitrose’s parent company is set to build new housing at three proposed locations, including over the supermarket’s shops in Bromley and West Ealing, in London
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NewsLidl opens one of its biggest ever UK stores at 27,000 sq ft
The discounter has insisted it may have a “slightly bigger” store elsewhere in the UK but has not clarified where
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NewsTraditional shops paying ‘eight times more’ in business rates than online retailers
For every £100 earned by shops in Britain, £2.91 is payable in business rates, while for online retailers the figure is just 34p, according to Altus Group
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NewsTesco converting excess store space to flexible offices for hybrid workers
The supermarket is taking advantage of the pandemic-driven shift to home working
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NewsM&S defends Marble Arch store plans after government halts redevelopment
The retailer has claimed the renovation plans will “positively impact the environment”
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NewsDemand for warehouse space continues to outstrip supply, driving up rents
Some 11.3 million sq ft was taken in the first three months of the year, 11% up on the five-year average in quarter one, according to Colliers
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NewsPlans to force landlords to let vacant shops dismissed as ‘gimmick’
Landlords will be forced to rent shops out to the highest bidder if they have been vacant for over a year
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NewsShop vacancy rates are falling but more uncertainty looms, warns BRC
It is only the second quarter in which the vacancy rate has fallen during the last four years
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NewsLidl offers finder’s fee to anyone who identifies a suitable site for a new store
It would mean a £22,500 fee for finding a location that leads to a £1.5m freehold purchase
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NewsProperty sell off takes Asda profits past £1bn
Asda’s statutory profits topped £1bn last year, according to newly filed accounts, as the group benefited from a one-off gain of almost £400m on property sales
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NewsIceland opens second Swift convenience store, in Wembley
It is to be followed by three more within the M25 as Iceland expands the concept it launched a year ago as a single-store pilot in Newcastle
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NewsIceland to roll out its Swift c-store format to London
Launched as a single-store pilot in Newcastle last spring, the convenience format is now set to extend to four more stores in London over the next few months
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NewsStore Group to bolster estate following new COO and CFO appointments
Retailer has appointed Lee Rhodes as its new chief operating officer and Kevin Boyle as chief financial officer
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Analysis & FeaturesHow rapid delivery has led a space race in the UK’s cities
Amazon, Deliveroo, and rapid delivery players are among those competing for a shrinking pool of warehouse space as the need for speed ramps up
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Analysis & FeaturesHow Covid has changed the supermarkets’ property plans
Two years of Covid has transformed shopping patterns and left property plans in disarray. For some retailers, a new strategy is needed
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NewsSupermarkets ‘need to revisit expansion strategies’ in light of levelling-up agenda
The warning came as analysis revealed how under-represented some supermarkets are in the first towns in line to benefit from ‘King’s Cross-style regeneration projects’ in government plans