All Grocery Retail articles
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OnlinePalmer Capital acquires Manchester Asda store
Palmer Capital Income Fund, which is backed by CBRE Global Investment Partners, has acquired a 44,368 sq ft Asda store in Manchester for £14m.
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Online
Lidl to open store at Thanet Way, Herne Bay
Lidl is to open at Thanet Way in Herne Bay after purchasing consented land from Simon Developments.
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Insight
Sustainability is retail’s salvation
Retail is facing a universal issue – caution – and in great waves.
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News
Supermarket Income REIT bucks retail downturn with leap in profits
Supermarket Income REIT has reported a massive leap in pre-tax profit for 2018-19, after adding two new supermarkets to the portfolio for a combined £96.7m during the financial year.
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News
Waitrose and Aldi pair well with other supermarket brands
The grocery retailers with the largest percentage of shoppers who also shop elsewhere are Waitrose and Aldi, making them good brands to locate near to Sainsbury’s and Tesco in particular.
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Online
Alpha acquires Sainsbury's supermarket for £34m
Alpha Real Capital has acquired a Sainsbury’s store in Sudbury for £34m, reflecting a 4.7% net income yield.
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Online
Tesco to regain full ownership of £666m portfolio
Tesco is set to complete a deal that will bring a portfolio of 15 stores and two distribution centres worth £666m back into full ownership.
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News
Majestic to close shops and rebrand
Wine retailer Majestic will close some of its 200 stores as part of a move to rebrand as Naked Wines.
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Online
Supermarket income REIT raises £45m from share issuance
Supermarket Income REIT has raised £45m from its share issuance, surpassing its target of £40m.
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Online
Sainsbury's and Asda make 150-supermarket disposal offer
Sainsbury’s and Asda have offered to offload up to 150 supermarkets in order to address concerns raised about their merger by the Competition and Markets Authority (CMA).
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Online
Supermarket Income REIT increases share issuance target by 60%
Supermarket income REIT is increasing the target size of its upcoming share placing by 60%, from £25m to £40m, following a “strong level of support” from investors.
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Online
M&S and Ocado set to sign deal
Marks Spencer and Ocado are set to sign a £900m deal giving M S a food delivery service for the first time.
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News
Ocado starts search for new warehouse after Andover fire
Ocado has launched a requirement for a new distribution centre following the fire at its Andover scheme on Tuesday, Property Week can reveal.
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Online
Supermarket Income REIT’s portfolio grows to £320.6m
Supermarket Income REIT’s portfolio has grown to £320.6m thanks to continued capital growth and the acquisition of a store in Sheffield last year.
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News
Lidl pre-lets store at £60m Nottingham development
Discount grocer Lidl has pre-let a food store at a former Sainsbury’s-owned site in Nottingham where developer Simons Developments plans a £60m mixed-use scheme.
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Insight
Retailers need business rates reform
The admission this week by Marks Spencer’s bosses that there will be further store closures , on top of the 100 M S stores already planned to face the axe by 2022, comes as no surprise.
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Online
Co-op signs up as debut retailer for Ebbsfleet Garden City
Ebbsfleet Development Corporation has secured The Co-Operative Group as the first convenience store operator for the garden city project.
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Online
BlackRock buys Morrisons in Borehamwood for £46.5m
BlackRock has acquired a Morrisons supermarket in Borehamwood for £46.5m in an off-market deal from a private investor for its UK Long Lease Property Fund.
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Insight
There are still physical ways we can help physical retail
Like it or not, there’s no simple solution for retail, as last week’s varied round of results showed.
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Online
Marks & Spencer earmarks next store closure locations
Struggling high street retail giant Marks Spencer has confirmed the location of the next tranche of stores it plans to close as part of restructuring plans.
