All Grocery Retail articles – Page 6
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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.
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Online
Sainsbury's takes extra floor at Arndale House
Sainsbury’s has taken an additional 10,800 sq ft floor at Arndale House in Manchester City centre.
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Online
Former Homebase store let to Lidl
Picton has leased a former Homebase store in Swansea to Lidl.
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Online
Co-op launches £200m expansion plan for 2019
Co-op Group has announced plans to continue its ongoing UK expansion and open 100 new food stores in 2019 as part of a planned £200m investment in its store estate this year.
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Online
Simply Fresh secures Manchester foodhall at former Argos
Store! Retail Group has let a new 6,000 sq ft store at the Stretford Mall in Manchester to house a Simply Fresh Foodhall.
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Markets
Supermarket merger could benefit investors and rival grocers
Nick Hughes asks what impact the divestment of Sainsbury’s/Asda stores would have on the sector
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Insight
Challenge to ATM ruling will hit business ratepayers
The VOA’s decision to petition the Supreme Court for the right to appeal against a court ruling blocking its proposals to introduce additional business rates on ATMs in retail stores is hugely disappointing.
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Online
Potential £496m retailers' rebate delayed by VOA challenge on ATM business rates ruling
The government’s Valuation Office Agency has applied for the right to appeal a court ruling which blocked the agency’s proposal to introduce additional business rates on all ATMs in retail stores.
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Insight
Bargain Hunter: Praxis' Gary Roberts interview
Praxis is building a shopping centre portfolio at a time when most investors are giving the sector a wide berth. Managing director Gary Roberts tells Richard Williams why