Stores news – Page 55
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NewsShopping centre giant Intu falls into administration
The owner of the Trafford Centre and Lakeside shopping centres has filed for administration after being unable to reach a refinancing deal with its lenders.
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NewsPoundland changing rent payments to monthly in arrears across estate
All new property deals also include so-called ‘Covid clauses’, providing the retailer with protections in the event of a future pandemic
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NewsProperty investor picks up five Waitrose stores and Ocado warehouse for £73m
The publicly listed group purchased a portfolio of five food stores let to Waitrose in a £62m sale and leaseback agreement
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NewsRapid electric vehicle charging stations set to open at 10 UK retail sites
Source: Engenie Rapid electric vehicle charging stations are set to open at 10 retail sites across the UK, thanks to a new partnership between network operator Engenie and real estate specialist Brookhouse Group. More than 18 million vehicles visit Brookhouse sites – which include brands such as ...
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NewsBuying group Confex to launch Core own-label product range
Core will consist of 275 catering-sized products across ambient, chilled, frozen and grocery categories
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NewsGovernment extends protections for business tenants until 30 September
The Ministry of Housing, Communities & Local Government has also announced further details of a new ’code of practice’
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NewsSlow high street recovery and months of deadlock over rent bills predicted by agent Colliers
As non-food shops reopen, more young people will be attracted to high streets, but their spending power is limited
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NewsCambridgeshire Nisa defies pandemic to open fully refurbished store
The store has undergone a major extension and refurbishment throughout the coronavirus pandemic
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NewsFace masks to become commonplace in UK supermarkets, say suppliers
Retailers were initally concerned about depriving frontline medical workers of supplies
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NewsLandlords ‘itching’ to evict retail tenants if protections end on 30 June
Property litigation firm Hägen Wolf has warned of a surge in eviction and insolvency litigation which could ‘decimate’ the high street
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NewsTesco to continue expansion of discounter Jack’s estate
The retailer’s latest Jack’s incarnation is set to take over a vacant Mothercare store in Hull
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NewsSpar adds range of six chilled desserts
The symbol group will be running promotions to support the launch from 17 June
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NewsAldi to roll out self-checkouts to more stores
Stores in Lichfield, Atherstone, Hounslow and Tooting are to get self-checkouts between now and the end of July
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NewsCentral England Co-op rolls out new range of social distancing measures
Permanent hand sanitiser stations have been installed at the front of all the society’s 430 stores as part of the move
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NewsCouncils to benefit from £50m fund to help reopen high streets
The cash from the European Regional Development Fund will go to councils to spend on practical measures such as new street signs and markings
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NewsMorrisons expands food box range with vegan option
The retailer said the box had been created in response to requests from vegan customers
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NewsCoronavirus: rent code of practice to be introduced for landlords and retailers
The new code is being developed with industry bodies on either side of the talks and would give “clarity and reassurance t…
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NewsMorrisons to open standalone clothes and homeware store
Morrisons said the store would be dual-branded as Morrisons Home and Nutmeg
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NewsFace mask supplier Mask Bros targets supermarket listings
The company is seeking retail listings as it aims to become the household name for face masks
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NewsDeliveroo offers restaurants and landlords advice on lease terms
Suggested outcomes include new deals in which the tenant pays a percentage of turnover to the landlord