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All Grocery Retail articles – Page 8
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OnlineAldi to acquire Camden store as part of widespread Waitrose closures
Aldi has confirmed plans to acquire Waitrose’s store in Camden after the retailer’s owner John Lewis Partnership announced closures of five sites earlier today.
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OnlineJohn Lewis issues profit warning and closes Waitrose stores
John Lewis Partnership has issued a profit warning saying it expected its profits in the first half of the year would be “close to zero”.
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NewsAldi searches for central London supermarket sites
Discount grocery retailer seeks ‘supermarket space’ in zone one as it opens new front in expansion campaign.
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OnlineWeek Ahead: housebuilders and supermarket results to dominate as FTSE 100 opens in positive territory
The FTSE 100 opened this morning up 33 points at 7,714.01 ahead of a week which will feature key updates and results from supermarket giants Tesco and Morrisons as well as housebuilders Bellway and Crest Nicholson.
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ProfessionalHigh street watches anxiously as supermarkets go to court over business rates on ATMs
Sainsbury’s, Tesco, The Co-Op, and Cardtronics take case against business rates on ATMs to the Court of Appeal.
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OnlineM&S accelerates closure programme to 100 stores
Marks and Spencer has revealed that it will shut 100 stores by 2022, accelerating the company reorganisation it announced in November 2016.
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OnlineData reveals combined Sainsbury's-Asda estate exceeds 4,000 stores as CMA begins investigation
Exclusive data analysed by Datscha for Property Week has revealed that the combined estate of Sainsbury’s and Asda stands at 4,008 ahead of the duo’s proposed merger.
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InsightSupermarket merger puts spotlight on future of convenience shopping
The recent announcement on the proposed combination of J Sainsbury and Asda is big news for the world of convenience shopping and seems an opportune moment to examine what the future has in store for the UK’s retail parks, as historically car-led convenience was this retail sector’s USP.
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InsightSainsbury’s-Asda merger: when two become one
Property Week assesses the likelihood of the Sainsbury’s-Asda merger being approved by the CMA and the impact it could have on the store estates of the two supermarkets.
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InsightWhat does Sainsbury’s-Asda merger mean for property?
Sainsbury’s boss Mike Coupe dismisses suggestions proposed £13bn merger would lead to store disposals.
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OnlineSainsbury's vows to cut prices but not stores after Asda merger
The owners of Sainsbury’s and Asda have vowed to continue to operate their full estate of 2,800 stores across the UK having agreed terms for a merger deal.
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OnlineLidl signs as anchor tenant for Northallerton Prison redevelopment
Budget supermarket Lidl has signed as the retail anchor for the £16m redevelopment of a former prison in North Yorkshire.
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OnlineIceland signs at Edison's Rhyl retail park
Iceland has signed a 10 year lease with Edison Property to let an 8,000 sq ft unit in Clwyd Retail Park, Rhyl.
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OnlineTesco to roll-out proptech software across global estate
Tesco has agreed a deal to incorporate iSite, the proptech software developed by Styles Wood, as a key feature in its new global property operating model.
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NewsInvesco buys £43m north London supermarket
Clients of Invesco Real Estate have acquired a Morrisons supermarket in north-west London from Aberdeen Standard Investments for £43m.
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OnlineNorth Somerset Council buys retail park for £38m
North Somerset Council has become the latest local authority to invest in property with the £38m acquisition of the North Worle District Centre in Weston-super-Mare.
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OnlineFTSE 100 makes gains boosted by housebuilders
The FTSE 100 continued to bounce back on Monday, as it closed 46 points higher at 7,115 on the back of gains for housebuilders.
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InsightTesco completes £4bn Booker buy
Tesco has completed its £4bn takeover of wholesale giant Booker through a court-sanctioned scheme of arrangement.
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NewsRosette bags Oldham Tesco Extra for £50m
Rosette Merchant Bank has snapped up a Tesco Extra store in Oldham, Greater Manchester, for more than £50m.
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InsightOne nil to grocers – but well-run retailers will always thrive
Talking shops: The second Thursday in January is a tsunami of retail reporting that makes it near impossible to see the wood for the trees.
