All Property and Planning articles – Page 8
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NewsAldi 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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NewsClampdown 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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NewsWilko 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 & OpinionBoots’ 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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NewsBoots 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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NewsWilko 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 & FeaturesThe 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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NewsAsda 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 & OpinionLand 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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NewsSainsbury’s and Asda to review anti-competition land deals
The Competition & Markets Authority found 18 rule breaches by Sainsbury’s and 14 by Asda
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NewsAldi to open five new stores within five weeks
Each store will create about 40 jobs, according to Aldi
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NewsHigh interest rates take a slice off British Land's portfolio value
The UK’s largest owner and operator of retail parks saw its portfolio fall 12.3% in value to £8.9bn
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Analysis & FeaturesHow falling real estate store values are hitting supermarkets
Falling property values are dragging on retailers’ results, potentially affecting their ability to borrow or invest. How are they responding?
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NewsAldi and Lidl locating their stores in more affluent areas
The two have gravitated steadily towards more affluent neighbourhoods over the past five years, according to location analytics firm Maximise UK
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NewsCity snapshot: UK vacancy rate stabilises amid retailer caution
The UK retail vacancy rate ended five quarters of post-Covid improvement in the first three months of 2023, remaining at 13.8% amid widespread caution in the retail sector.
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NewsGrosvenor increases food technology investments
Global property group Grosvenor increased its investment into food and agriculture firms last year, despite the macro-economic headwinds facing the sector
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NewsM&S to invest additional £12.5m in London stores
The retailer has invested £23m in the city in its 2022/23 financial year and created 400 jobs
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NewsLidl reveals hundreds of potential sites for new stores
The retailer has also reiterated its finder’s fee for suitable sites despite scaling back its store opening plans
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NewsCity snapshot: Supermarket Income REIT snaps up Tesco store in £38m deal
Retail property investor Supermarket Income REIT has purchased a Tesco omnichannel supermarket in the Midlands for £38.3m. Plus, embattled THG appoint Sue Farr as senior independent director.
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NewsLidl outpaces Aldi on new stores despite slowdown
Lidl said in February it would open just 25 stores this year instead of the usual 50