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All Grocery Retail articles – Page 2
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NewsTesco rivals Amazon with first checkout-free store
Tesco has launched its first checkout-free store, in central London, rivalling Amazon in the automated shopping market.
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NewsRailpen and Wrenbridge signs Getir at Waltham X
Railpen and Wrenbridge has announced the signing of Getir, the “super-fast” grocery delivery company, at its industrial estate Waltham X in Waltham Cross, London.
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NewsAberdeen Standard acquires London Sainsbury’s site
Aberdeen Standard Investments has acquired a Sainsbury’s site at 8-12 Worple Road in Wimbledon, south-west London for more than £30m.
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NewsMorrisons goes to auction
Morrisons will go to auction this Saturday as the battle to acquire the ‘big four’ grocer draws to a close.
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NewsAldi reveals expansion plans
Aldi has revealed plans to open 100 new stores across the UK over the next two years, as well as expanding its logistics infrastructure, including a new 1.3m sq ft site in Leicestershire.
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NewsLondonMetric acquires grocery asset for £18m
LondonMetric has acquired a grocery asset in South Ruislip, West London for £18m.
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NewsPlanet Organic opens at £140m Newham’s Yard
Organic supermarket Planet Organic is set to open at Galliard Homes new £140m mixed-use development in Southwark Newham’s Yard.
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OnlineADIB provides £200m to finance Tesco and Waitrose supermarket
Abu Dhabi Islamic Bank (ADIB) has provided £200m of structured finance for Middle Eastern investors for two supermarkets in the UK.
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NewsSecond Morrisons bid lined up
American private equity firm Clayton Dubilier Rice (CDR) is understood to be in talks with JP Morgan, Goldman Sachs and BNP Paribas to finance a second bid to takeover Morrisons, according to The Times .
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NewsApollo Global in talks to join consortium for Morrisons takeover
Apollo Global Management is in discussions to join a consortium led by Fortress Investment Group that has agreed a £6.3bn takeover of supermarket group Morrisons, Reuters reported on Tuesday.
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OnlineApollo poised to join bidding for Morrisons
US investment firm Apollo Global is considering making an offer for British supermarket Morrisons, days after the company agreed to a £6.3bn takeover by Fortress Investment Group.
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OnlineMorrisons rejects takeover bid
Morrisons has rejected a takeover bid from US private equity firm CD R.
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OnlineUS Realty bags London Tesco from Henley for £70m
Henley Investments has sold a Tesco supermarket in Hayes, west London to Realty Income Corporation for £70m.
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OnlineRasmala Group snaps up Manchester Tesco for £28m
The Rasmala Group has bought a Tesco superstore in Hattersley, Manchester, for £28.6m.
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InsightHow supermarkets bounced back
Who would have thought ahead of this terrible pandemic that as a result of structural adjustments to the grocery trade, UK supermarket impairments would be written back to the tune of a quarter of a billion pounds in the case of Morrisons and Tesco UK alone?
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InsightInvest for the future
Logistics is booming, thanks in no small part to the year-long pandemic and people switching to buying online. This is fuelling demand for warehouses to store our future online purchases. Grocery shopping alone in the UK was trending at around 7% pre-pandemic and is now at around 14%.
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OnlineAprirose offloads Sainsbury’s supermarket for £33m
Aprirose has sold a Sainsbury’s superstore in West Ealing for £33.7m, reflecting a net initial yield of 3.45%.
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NewsAmazon poses Fresh threat to big four supermarket chains
As online giant opens its first ‘contactless’ grocery store in UK experts speculate about its ultimate ambitions
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OnlineGrocery start up Dija appoints JLL in search for 2,000 sites
A grocery delivery start-up company founded by ex-Deliveroo employees has appointed JLL in its search for 2,000 sites across Europe over the next three years.
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NewsSupermarket chains double rate of store growth in 2020
The number of UK supermarket stores grew by twice as much last year as in 2019, with discount grocers leading the charge.
