Stores news – Page 28
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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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NewsCo-op moves to 100% British strawberries ahead of coronation
The retailer said it was expecting to sell 89 punnets per minute across the royal celebrations
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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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NewsRoyal favourite bacon DukesHill secures Ocado listing
The full range of smoked, unsmoked, streaky, back and rind-on middle bacon will be stocked on the online retailer
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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
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NewsApple growers forced into the red despite supermarket price hikes
Apples are on average 5.8% pricier year-on-year, a figure over seven times higher than the 0.8% increase in returns seen by growers
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NewsPlant-based Tindle brand ramps up UK rollout
Tindle Burgers and Tindle Nuggets will be available in over 350 Morrisons stores nationwide and online from this week
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NewsSuperdrug to open 25 ‘bigger and better’ stores this year
The retailer said the investment showed it backs bricks and mortar following strong trading results
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NewsPG Tips tea granules pulled due to concerns over taste
The product has been temporarily pulled as PG Tips takes ‘time out to review our options’
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NewsMorrisons sale and leaseback stores ‘cheaper than other grocers’
A property industry source said the price people will pay for a Morrisons is less than for a Sainsbury’s or Tesco
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NewsConfectionery sales up despite HFSS display ban, say retailers
Some convenience stores have reported an increase in sales of sweets, snacks and other HFSS goods
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NewsAmazon adding card payment option to ‘Just Walk Out’ Fresh store
Customers in Angel, London, will have the option to pay by card on exit when the store reopens
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NewsShops in England to see business rates bill drop by more than 50%
The average shop’s bill will fall from £8,172 in 2022/23 to £3,678 in 2023/24, according to retail estate advisors Altus Group
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NewsPheasant and partridge shortages loom amid lead ammo bans
The game sector has been reluctant to switch to steel-based alternatives despite major retailers having imposed bans on birds shot with lead ammo
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NewsCity snapshot: Supermarket Income REIT grocery portfolio value drops by £250m amid rising rates
Supermarket property investor Supermarket Income REIT has seen the value of its portfolio drop by almost £250m over the past six months amid rising UK interest rates
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NewsAldi buys more British apples than any other UK supermarket in February
Data from the growers association has revealed that Aldi topped the chart followed by Tesco, Sainsbury’s and Lidl in February
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NewsMeat-free growth tailing off as retailers shrink ranges
The number of meat alternative lines in the traditional big four and Waitrose fell 10.9% during the six months to 20 March
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NewsPalm oil-free spread The Flower Farm secures Sainsbury’s listing
The Dutch-owned brand has expanded its presence in the UK with its first major retail listing





