All Property and Planning articles – Page 6
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News
Hundreds of individual Wilko stores for sale as union says all are to close by early October
In an update for members this morning, GMB said administrators at PwC had confirmed an offer for hundreds of stores as a going concern had fallen through
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News
City snapshot: Profits plunge at palm oil producer MP Evans as prices stabilise
Profits have plummeted by 62% at London-listed palm oil producer MP Evans as record high prices in the wake of the Ukraine war returned to more normal levels.
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News
Asda close to selling tranche of stores to lease back for 50 years
The Grocer revealed Asda was exploring the 50-year ground lease deal – an unusual arrangement for food stores – in June
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News
M&S launches legal challenge against Oxford Street store veto
M&S claims that in rejecting the plans in July, Gove wrongly interpreted and applied planning policy
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Analysis & Features
How big can M&S get in food – and how will it get there?
M&S Food aims to grow its market share by one percentage point, to about 4.5%. But could new stores, Ocado and ‘trusted value’ take it further?
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Interviews
Tony Hoggett on Amazon’s ambitions for global grocery
In his first interview as Amazon’s global grocery stores chief, Tony Hoggett dishes on its ambitions – and why the giant is growing ‘quickly but surely’
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News
Morrisons has ‘strong pipeline of new stores’ alongside closures
News emerged this week of three planned closures by the supermarket – in Faversham, Bolton and Preston
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Analysis & Features
Has Stuart Machin lost his marbles over Gove’s M&S store plan kibosh?
The M&S boss is fuming over Michael Gove’s ‘act of self-sabotage’
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News
M&S chief blasts Michael Gove over blocked Oxford Street store plans
The plans were rejected by Gove today on the grounds the public benefits would not outweigh harm to nearby heritage sites
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News
Amazon to shutter three Fresh stores, including its first physical retail site outside US
Staff at the soon-to-close stores have been offered new roles in nearby Amazon Fresh stores
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News
Aldi closing in on 1,000th store landmark
The discounter is on the cusp of hitting a target it has been pursuing for nearly a decade
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News
Clampdown on business rates relief for empty property slammed as ‘out of touch’
The government has said evidence points to abuse of Empty Property Relief (EPR) as one of ‘the most common methods of rates avoidance’
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News
Wilko seeking cash injection to support cost-cutting restructure plan
The home and garden retailer is seeking new equity to support its planned company voluntary arrangement (CVA), in which it aims to secure rent cuts from landlords
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Comment & Opinion
Boots’ store closures are essential for it to thrive
Boots’ plans to close 300 stores have been linked by the press to speculation of a breakup by its US owner and labelled a cost-cutting measure
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News
Boots to close 300 stores over the next year
Shopworkers affected by the closures are to be offered jobs at other stores
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News
Wilko planning no store closures in upcoming CVA
The home and garden retailer is due to launch a company voluntary arrangement next month in which it will seek rent cuts from landlords
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Analysis & Features
The riddle of Lidl and its faltering plans to take over in the UK
With discounters booming in the cost of living crisis, what’s motivating Lidl’s move to slow down expansion?
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News
Asda sale & leaseback deals stretch to 50 years or more
The supermarket has embarked on store sale & leaseback projects to raise £1.1bn
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Comment & Opinion
Land agreements are just one way supermarkets can stop rivals
Sainsbury’s and Asda were found in breach of land agreement competition rules. But how else can supermarkets slow their rivals?
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News
Sainsbury’s and Asda to review anti-competition land deals
The Competition & Markets Authority found 18 rule breaches by Sainsbury’s and 14 by Asda