Stores news – Page 22
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Investors salivating as ‘distressed’ Morrisons mulls selling off stores
Such a move could be ‘disastrous’ for Morrisons in the long-term thanks to depressed valuations, according to a property source
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Soaring production costs to force chicken shortages
Rising production costs in excess of 18% are outstripping retail price inflation
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Asda launches 150 new product lines for Ramadan
The supermarket will also be launching dedicated Ramadan aisles in 150 stores
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Aldi on verge of overtaking Tesco as biggest seller of British apples
Data from British Apples & Pears shows the discounter sold just 95 fewer tonnes of British apples in January than its bigger rival
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Aldi ‘stepping up search’ for new store sites as part of £400m push
It is Aldi’s third announcement of expansion ambitions in as many weeks since The Grocer revealed Lidl was dramatically scaling back store openings this year
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Lidl ‘conceded battle to be UK’s dominant discounter’, says former boss
Lidl’s slowdown of store openings this year will make it almost for it to catch Aldi, according to Ronny Gottschlich
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GrowUp Farms rolls vertically grown salad bags into Iceland
The launch was described as an ‘industry first’ by the business
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City snapshot: Supermarket Income REIT sees portfolio valuation drop as interest rates bite
Listed supermarket property investor Supermarket Income REIT saw the valuation of its portfolio drop by double digits amid steeply climbing interest rates and wider economic slowdown
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One Stop hails milestone of 1,000 stores with community celebration
The latest addition launched on Silverton Way, Wolverhampton last week
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Aveeno rolls out ‘lift and learn’ skincare displays at Tesco
The unit debuted at Tesco Extra Watford earlier this month, and will appear at Extra stores in Sandhurst, Wembley and Slough until early March
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Aldi aiming to ‘almost double’ its London store count
It is a clear signal of intent from Aldi, for the second time in a week, that it will press on with store openings at pace as rival Lidl slows
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Aldi creating 6,000 jobs this year as expansion continues
It comes a week after The Grocer revealed Lidl had dramatically scaled back its opening plans for the year ahead
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Business rates still ‘broken’ despite savings for retail, says BRC
BRC CEO Helen Dickinson was responding to an announcement from the Treasury this morning that retail’s business rates bill will drop by a fifth from April
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Milk & More expands partnership with wholesaler Wholegood
The partnership will see the Müller-owned doorstep delivery service sell an extra 150 lines
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The Collective secures new Planet Organic listing for plant-based offering
The brand’s gourmet pots in both big and small formats and its Suckies yoghurt pouches for children will be available in 13 Planet Organic stores from March
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Best-one reverts from grey to blue fascia ‘to reinforce loyalty’
Following trials with the new blue look, all new stores that joined the group as of last year have opened with the updated fascia
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Lidl scales back store opening plans
The slowdown comes as the cost of living crisis drives shoppers from traditional supermarkets to the discounters
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Juicy Marbles secures new listings for its vegan whole cut alt meats
The brand is known for creating the world’s first plant-based marbled steak and largest piece of plant muscle ever
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Poundland plans biggest store opening spree yet
It’s the latest sign of how a recent business rates revaluation is already boosting retailers’ confidence to open more stores, according to property consultancy Colliers
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Amazon shutters first checkout-free Fresh store
The store in Dalston closed this week, less than 18 months after it launched, with Amazon confirming the move was permanent