All Property and Planning articles – Page 3
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Analysis & FeaturesWhy the latest co-operative merger is ‘quite different’
Central Co-op is absorbing Chelmsford Star – but management is determined the smaller society will not disappear from view
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NewsSupermarket chiefs warn Chancellor of rising inflation if shops are hit with higher business rates
The chiefs of Aldi, Asda, JLP, Lidl, Morrisons, Sainsbury’s and Tesco are among 60 retail bosses to have signed the letter to Rachel Reeves
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NewsM&S to spend £340m on massive new automated food DC in Northamptonshire
The facility at Daventry International Rail Freight Terminal will span 1.3 million sq ft and represents M&S’s biggest supply chain investment in its history
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NewsAldi releases full list of stores getting upgrades this year, including major extensions
They include two – in Barrow-in-Furness in Cumbria and Ebbw Vale in Wales – which are undergoing major extensions
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NewsMore than 100 large supermarkets ‘at risk of closure’ thanks to business rates reforms
The changes will also hand an advantage to the discounters thanks to their smaller stores
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NewsTwo Morrisons stores sold to US-based REIT for £51m in latest property deal
The two stores in Loughborough and Ilkeston will be leased to Morrisons on a long-term triple-net basis
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NewsPoundland confirms next 12 store closures, taking total to 52
They are among 68 stores set to close in a restructuring plan announced after Poundland’s sale by Pepco Group to investment firm Gordon Brothers in June.
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NewsAldi to open new store ‘every week’ in 2025 as rollout heats up
Litherland, Eastbourne, Chesterfield and Shoreditch are among the locations getting new Aldi stores in 2025
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NewsMorrisons property boss to leave amid head office review
It comes as Morrisons said it was reviewing the resourcing of its property team at its Bradford HQ
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NewsPoundland closing 37 stores in August as restructuring plan gets underway
They are among 68 stores that were earmarked for closure in a restructuring plan announced in June
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Analysis & FeaturesWhere next for Smithfield & Billingsgate markets and the high streets that rely on them?
The historic markets are due to close in 2028 – but with tensions running high, will this really result in the promised ‘win-win for Londoners and traders’?
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NewsTesco and Sainsbury’s chiefs join calls for Rachel Reeves to rethink business rates reforms
Tesco Group CEO Ken Murphy and Sainsbury’s CEO Simon Roberts said it would worsen the plight of high streets by undermining the investment from larger retailers who act as anchors for footfall
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NewsLidl gearing up for ‘huge milestone’ of 1,000th UK store
The discounter staged a parliamentary breakfast attended by 40 MPs to highlight the milestone
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NewsBRC urges government to exempt shops from business rates hike for large properties
The trade body is hoping ministers will listen to its warnings that taxing large shops more will also harm the smaller ones the plans are supposed to help
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NewsM&S steps up store renewal programme with £300m investment
M&S announced an investment of over £300m in the programme at its annual general meeting today
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NewsAldi sets out latest ‘wish list’ of new store locations
Aldi’s ‘wish list’ of new stores has been influenced by asking the public to nominate locations in May
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NewsMedia Bites 17 June: Trump, Poundland, Oxford Street
UK-US trade deal is ‘done’, Trump said as he met Keir Starmer at the G7 summit
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NewsLargest retail, hospitality and leisure properties facing £600m business rates rise
The changes were billed by the government as a way to ‘level the playing field between the high street and online giants’
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NewsPoundland sale ‘cast into doubt by unpaid business rates’
Poundland is said to have been hit with a series of court claims over the unpaid tax bills
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NewsPoundland eyeing rent cuts in bid to save costs, says report
Poundland last drove through big rent changes during the pandemic, when it cut rent on hundreds of properties by more than a third