Retail

News

Creating New Pathways to Success for Justice-Impacted People

Aramark Correctional Services (ACS) is partnering its IN2WORK program with I.G.N.I.T.E., a program dedicated to providing comprehensive education, job training, and post-incarceration work opportunities for justice-impacted people. ACS’s IN2WORK (I2W) program offers food and retail training in both the classroom and the hands-on kitchen and commissary spaces. I2W Food Service focuses on the kitchen, including…

News

Tesco and Veolia to Recycle Soft Plastic and Support Schools

A new partnership involving Tesco, Veolia, Groundwork and local councils in the UK will introduce greener areas in schools and educate children about the environment. The Veolia Orchard campaign will be donating almost 600 fruit trees and 800 strawberry plants to schools limited by space or without green areas. Now in its second year the…

News

Sale of Two-Tenant Pad Building in Northern Los Angeles County 

Hanley Investment Group has brokered the sale of a two-tenant retail pad building occupied by AutoZone and Precision Eyebrow Threading salon at a Target-anchored shopping center in northern Los Angeles County. The net-leased investment sold for US $2.65 million with Hanley’s Executive Vice Presidents Kevin Fryman, Bill Asher and Jeff Lefko represented the seller, a private investor…

News

Enhancing the Parking Experience in Blackpool

APT SKIDATA has been selected by Blackpool Council to install the very latest digitally-based parking technology and management system at the multi-storey car park serving Houndshill Shopping Centre. A spokesperson for Blackpool Council, says: “The Houndshill Car Park systems are dated and over the years the systems have been updated to allow for changes in…

News

GMB Issues Wilko Update After Meeting Administrators

GMB Union has issued an update after meeting with the administrators of British high-street retail chain, Wilko. Andy Prendergast, GMB National Secretary, says: “GMB has met with administrators and the company as part of the formal consultation process.  “We can confirm there have been expressions of interest from organisations who are considering taking over at…

News

Elevating Digital Content at the Houston Astros Store

Datapath and LED display provider Watchfire are enhancing the immersive experience for visitors to Major League Baseball team, the Houston Astros; Minute Maid Park stadium. The Astros chose a cutting-edge VSN video wall controller to create a remarkable digital ‘halo ring’ within their store. Occupying approximately 8,000 square feet, the store has undergone a substantial…

News

Idaho Shopping Centers Complete Refinancing

Wood Investments Companies has secured US $39.1 million in permanent loans for two prominent shopping centers in the Boise metropolitan area. Gateway Marketplace and CentrePoint Marketplace are situated in the thriving city of Meridian. Wood Investments Companies, Inc. Gateway Marketplace tenants include a 42,212-square-foot PGA Tour Superstore. Gateway Marketplace Wood Investments Companies has refinanced Gateway…

Marketplace

Enhancing the Retail Experience

PPDS has partnered with Grassfish, a leading European In-store Experience Management (IXM) platform provider to introduce new features for retailers using the Philips Tableaux ePaper Series. The partnership aligns the award-winning ‘zero power’ Philips Tableaux Series with Grassfish’s IXM platform, expanding the capabilities of both platforms. This solution benefits retailers by providing enhanced experiences and…

News

Wilko Administration Leaving 12,000 Jobs at Risk “Entirely Avoidable”

The 12,000 workers at Wilko who now face potential redundancy will take little solace from the fact that the situation that has befallen the British high-street retail chain was entirely avoidable with better management. GMB National Officer, Nadine Houghton, says: “GMB has been told time and time again how warnings were made that Wilko was…

News

Closing the Loop on Plastic Milk Bottles

UK convenience retailer One Stop has rolled out an initiative to recycle over 380,000 plastic milk bottles annually from its stores following a successful trial involving Veolia.   Own label milk bottles from vending machines and staff refreshment facilities are collected from One Stop’s distribution centres by Veolia on a weekly basis and transported to a…

News

Modesto Retail Pad Attracts Private Buyer

Real estate advisory Hanley Investment Group has orchestrated the sale of a 6,402-square-foot multi-tenant retail pad building in Modesto, California. The property is shadow-anchored by a Save Mart grocery store and was sold for US $4.11 million. Executive Vice Presidents Jeff Lefko and Bill Asher of Hanley Investment Group represented the seller, Covenant Real Estate…

News

Northumberland Estates Unveils Exciting Plans for Garden Centre

North East developer and investor Northumberland Estates has submitted plans for a new garden centre on land at Cawledge to the East of the A1 in Alnwick. A pre-planning submission to Northumberland County Council is being supported by an on-line public engagement event to allow local residents and businesses to view and comment on the…

News

Catch the Game, Skip the Lines: San Francisco Giants Introduce AI-Powered Self-Checkout

In a bid to elevate the fan experience at Oracle Park, the San Francisco Giants have partnered with AI and computer vision company Mashgin to introduce a ‘Grab & Go’ self-checkout system for beverages and snacks. The collaboration addresses the need for quicker and more convenient purchase options for spectators during game days. Giants fans…

News

Return to Profit

With consumer spending under pressure fashion retailers are facing a hit to margin that can undermine profitability. Darcy de Thierry, managing director of Ferag UK explains how the company’s pouch sortation systems can maximise re-sales from returns processing. As UK interest rates rise to levels not seen for 15 years, consumer discretionary spending is being…

ESG

Acquisition of Spanish Supermarkets for European Food Retail Strategy Fund

Savills Investment Management has acquired two new Aldi supermarkets in Spain for its European Food Retail Strategy fund. The fund now has capital commitments from German institutional investors of around €370 million, raised since 2020. The first supermarket in Alzira, Valencia was acquired from developer Ten Brinke at the end of June and comprises around…

News

Comment: Rejection of M&S Oxford Street Plans

Dr David Crosthwaite, chief economist at the Building Cost Information Service, comments on British Culture Secretary, Michael Gove’s rejection of plans by retailer Marks and Spencer to redevelop its flagship Oxford Street store. With a growing number of buildings requiring retrofitting or replacing to meet current standards and client expectations, the decision about M&S in…

News

GMB Responds to ASDA Select Committee Appearance

UK supermarket chain trying to cut the pay of 7,000 workers, says GMB Union.

News

Mall of the Emirates Sets New Sustainability Standard

Mall of the Emirates has achieved the Leadership in Energy and Environmental Design (LEED) Platinum certification, the highest level in the LEED green building rating system. The certification validates sustainability measures that have been implemented at the world’s largest retail destination which is owned and operated by the Majid Al Futtaim group supported by Veolia’s…

China

Alibaba Supports Cold Chain Logistics with Largest Food Distribution Centre to Date

Freshippo, Alibaba Group’s new retail venture, has inaugurated a supply chain center in Shanghai to support cold chain logistics distribution in the capital and at major locations across eastern China. Serving multiple cities including Nanjing, Suzhou, Hangzhou and Hefei, the facility which is located in the Pudong New Area of Shanghai took three years to…

News

NPS Renews Delaware North Yellowstone Partnership

Delaware North has been awarded a new 15-year contract by the National Park Service (NPS) to offer retail, food and beverage services at Yellowstone National Park. Following a competitive bidding process, the global foodservice, retail and hospitality company was selected to continue operating the park’s 11 General Stores as it has done since 2003. The stores…

News

Accruent Extends Multi-site Automation Capabilities of SaaS Asset Management Platform

A collaboration between real estate SaaS platform Accruent and sister FAL Group brand ServiceChannel will facilitate process automation for operators of multi-site retail and commercial property. Accruent describes the partnership as a significant milestone in its commitment to developing innovative industry-focused cloud solutions. By combining ServiceChannel’s cutting-edge SaaS platform with Accruent’s comprehensive capabilities, multi-site retail…

Blog

The ‘Golden Quarter’: Maximising Warehousing Efficiency with Short-Term Leasing

Steve Purvis, managing director of Bis Henderson Space, says retailers and their supply chain partners should consider short-term leasing as they secure warehouse space in anticipation of the ‘golden quarter’ and the Christmas peak. Predicting requirements seven or eight months ahead is always a challenge, and this year looks particularly uncertain. While there is a…

News

Montana Retail Destination Welcomes Tenants

HomeGoods, Sierra and Petco are the latest brands to confirm tenancies at the Yellowstone Gateway shopping center in Billings, Montana. The 2021 redevelopment of the 67,000 sq. ft former Big Bear Sports Center building on a 5-acre site at 2618 King Avenue West, was undertaken by Wood Investments Companies—an integrated commercial real estate investment company specializing in retail,…

Blog

Why Micro-fulfilment Centres Benefit from Robotic Sorting

Installing outdated intralogistiics technologies will prevent micro-fulfilment centres from achieving the efficiency gains ecommerce retailers are looking for, says Xia Huiling, founder and chief executive of LiBiao Robotics. With online shoppers demanding more convenient and ever faster order fulfilment speeds, many online retailers are choosing to invest in micro-fulfilment centres (MFCs). MFCs are usually small…

News

Savills IM Acquires Portuguese Supermarket Portfolio

Savills Investment Management (Savills IM) has acquired a supermarket portfolio comprising four strategically located properties in Portugal for its European food retail strategy. The purchase price was around €39 million, increasing the total equity which has been committed to supporting the strategy to €470 million – with other property investments in the Netherlands, Ireland, Denmark,…

News

ExCeL London Launches Checkout-Free Store

ExCeL London is the first event space in the United Kingdom to open a frictionless checkout-free store with the launch of ‘Market Express’. Conceived by the venue operator and it’s long-standing catering partner Levy UK + Ireland, the store is powered by Amazon’s Just Walk Out technology and expected to speed up the customer journey…

News

Green Apple for ABM and Victoria Leeds

ABM has been recognised with a Green Apple Environmental Award for the fourth time at a ceremony in Miami where its collaboration with UK retail destination Victoria Leeds Shopping Centre won a Bronze Award.  In the international campaign to find the greenest companies, municipal autorities and communities, ABM continues to impress judges with the passion and…

News

More Amazon Warehouse Workers Balloted Over Pay

GMB Union comments as workers at Amazon’s fulfilment centres in Mansfield and Rugeley begin voting on industrial action. Amazon faces new strikes at two more warehouses as GMB launches two new strike ballots.   Union members will now vote on full and binding industrial action ballot at Amazon’s Mansfield and Rugeley fulfilment centres.   The…

News

WH Smith North America Deploys Oracle AI Cloud Solution

WH Smith North America (WHSNA) which incorporates leading retailer to the airport marketplace Marshall Retail Group, is leveraging Oracle’s retail cloud platform to better manage planning and inventory across its 300+ specialty airport and casino stores in the US and Canada. WHSNA’s stores include company-owned and household brands such as Harley-Davidson, In Motion, LEGO and TUMI.…

News

Choose Your Retail Robot Wisely

A well-considered mobile robot implementation can transform the productivity of order picking and internal transport in a retailer’s warehouse to deliver rewards in challenging times for the sector, says Frazer Watson, iFollow’s vice president of sales for the UK and Ireland. The challenges for major retailer chains, department stores and the FMCG businesses that supply…

News

SOCOTEC to Support 6,000 UK Retail Properties with Asbestos Management

SOCOTEC UK’s Asbestos team has secured contracts to deliver integrated asbestos management, consultancy and training services for three major UK supermarket and retail chains. With a combined value of some £2.5 million annually, the contracts include a five-year extension that will take SOCOTEC’s partnership with one of the retailers to 16 years. The additoin of…

News

ABM Awarded Hard Services Contracts at Major UK Shopping Centres

ABM teams will deliver a range of maintenance and M&E services following contract awards at The Trafford Centre in Manchester and the Derbion in the East Midlands. The Trafford Centre is the United Kingdom’s third-largest shopping destination, with the East Midland’s largest shopping centre, Derbion, ranking 15th nationally. Under the three-year contracts, ABM is installing…

Blog

A Primer for Growing your Company Online

Entrepreneurs face many milestones launching a business, from onboarding new team members to figuring out how to deliver new products and services but taking a business online presents its own challenges. Whilst these are all milestone checkpoints businesses cannot wait to reach, another bridge many business leaders are tempted to cross is moving online. Having…

Blog

Preloved or Pre-infested?

With ‘moth’ season approaching Rentokil Pest Control is warning businesses and consumers about the risk clothes moths pose to precious wardrobe items amid a rise in the second-hand and vintage clothing trend. The trend for second-hand and vintage clothing continues to boom, with the market in the UK forecast to rise 67.5% by 2026 as…

News

Leading the Way with Sustainable Workspaces

Finnish real estate company Antilooppi has launched POOL, the country’s first carbon-neutral workspace network, to meet growing demand for sustainable working environments. The company says it is determined to promote carbon-neutral construction and achieve tangible sustainability outcomes including Net Zero across its €1.4 billion portfolio of 35 office and retail properties offering rental space of…

News

Kwik Fit Signs Lease for Helix Solstice Park

Kwik Fit will be joining Toolstation, Easy Bathrooms and Motor Parts Direct at Helix Solstice Park, a development of trade counter units and warehouse buildings in Amesbury, South West England.  Developer RO Group is marketing two remaining 3,420 sq. ft and 3,415 sq. ft units at the location which can be combined to provide 6,835…

Blog

Short-term Space is Crucial for Successful Warehouse Planning

Steve Purvis, managing Director or Bis Henderson Space, makes the case for retailers and manufacturers to provide for temporary warehouse accommodation in their strategic long-term planning. Many, perhaps most, manufacturers and retailers experience pronounced peaks in their requirements for warehousing and distribution centre space. This may be part of the normal business cycle – ramping…

News

New BaxterStorey Store Powered by Amazon ‘Just Walk Out’ Technology

European caterer BaxterStorey is opening a micro supermarket that leverages artificial intelligence (AI) to create a checkout-free experience at Amazon’s London headquarters in Shoreditch – the first time the technology is being used by a hospitality business in the UK. The opening of the BaxterStorey-operated shop, called Social Bee, on the 21 March, will mark the debut of Amazon’s Just…

News

ProVeg Welcomes IKEA Position on Dairy Products

ProVeg International has welcomed a commitment by IKEA which serves food to 520 million people across the world every year to “remove or replace” dairy products. The new commitment which appears on page 13 of the Swedish retail giant’s Sustainability Report, states: “We continue to explore where and how we can remove or replace dairy…

News

Tailoring Online Shopping at Goorin Bros

US hat brand Goorin Bros has selected Fresh Relevance to help it deliver a more personalised online customer experience. Established in 1895, Goorin Bros is on a mission to help customers cultivate their own unique style. The company offers a wide range of fedoras, truckers, apparel and more. By tailoring its website and email marketing…

Cleaning

Outernet London Awards Cleaning Contract

Outernet London, the Capital’s newest immersive entertainment district, has appointed Cleanology as cleaning service provider. Bring cultural and retail experiences to life under a wider, centralised ecosystem which includes live performances, and hotels, restaurants and bars, Outernet offers boasts above-ground public media spaces with daily footfall in excess of 170,000. Dominic Ponniah, CEO of contract…

News

ProVeg Welcomes Increase in Lidl Plant-based Offerings

Food awareness organisation ProVeg International is welcoming a recent announcement of an increase in the number of plant-based products offered by German retailer Lidl.  Lidl chief buyer, Christof Graf, announced the retailer’s decision to decrease animal protein and increase plant protein at Germany’s biggest agricultural show, Green Week, stating there is no alternative because “there…

Opinion

Amazon Coventry Warehouse Pay ‘Sickening’

Amazon workers have announced a week-long strike at the company’s Coventry warehouse as GMB Union says they will earn just 8 pence above the UK minimum wage in April 2023. More than 350 staff at the West Midland fulfilment centre will walk out on 28 February, 2 March, and from 13 to 17 March. Amazon…

News

Council Regeneration Project Signs Commercial Tenants

A local authority regeneration project in Somerset, South West England, will soon be welcoming two new tenants. National restaurant chain Nandos and local independent business La Kasia Tapas & Cocktail have signed leases at Northgate Yard in Bridgwater, with both restaurants expected to open by the summer when they will join the development’s inaugural tenants, Scott…

News

Self-Driving Grocery Deliveries Trialled on Schindler’s Ebikon Campus

Leading Swiss supermarket chain Migros, autonomous EV startup LOXO and Schindler are trialling an electrically propelled delivery service called “Migronomous” using an autonomous vehicle to transport groceries to employees of Schindler’s campus at Ebikon in Lucerne. The pilot trial of LOXO’s “Alpha” self-driving vehicle began on 8th February, and is the first self-driving delivery vehicle…

News

Bevan Brittan Advises West Oxfordshire District Council on Shopping Centre Acquisition

Commercial law firm Bevan Brittan have advised West Oxfordshire District Council on the purchase of a shopping centre. The deal sees the district council taking control of Marriotts Walk shopping precinct in Witney, as part of its plans to boost the town centre. The 4.9 acre site was built in 2007 and includes 21 lettable business…

News

Magnetar Capital Refinances UK Town Centre Retail Acquisitions

Leumi UK has provided £38 million of loans to US-based alternative asset manager Magnetar Capital to refinance the purchase of town centre shopping schemes in Perry Barr near Birmingham and Corby in Northamptonshire. One Stop Shopping in Perry Barr is a 382,856 square feet shopping centre and retail park, while Corby Town Centre & Willow…

Marketplace

Philips 4K Retail Signage with Ultra-High Brightness

PPDS has unveiled a new series of Philips 4K retail signage displays for indoor and semi-outdoor environments even with pre-existing levels of high ambient lighting. Announced at ISE 2023, the Philips High Bright 4000 Series of displays bring even greater levels of choice, flexibility and opportunities for businesses wishing to make a big impression with…

News

Shopping Centres Achieve UK Net Zero First

Retail destinations, Quayside MediaCity in Salford and Gloucester Quays, are the first of their kind to achieve ‘Net Zero Carbon – Operational Energy’, in line with UKGBC’s Net Zero Carbon Buildings Framework.  The two retail destinations join an expanding list of Peel L&P buildings that have achieved net zero carbon status, demonstrating the company’s commitment…

News

Dufry Receives Green Light for Autogrill Acquisition

The proposed acquisition of Italian multinational food and beverage leader Autogrill S.p.A by Swiss global travel retail company Dufry AG has received unconditional approval from antitrust authorities around the world, paving the way for the establishment of a combined entity with 5,500 outlets at 1,200 airport and other locations in 75 countries. First announced in…

Case Studies

Case study: 140-Year-Old Department Store Retrofitted with Rooflights

Established in 1882, the family-owned Barkers Department Store in the market town of Northallerton in Hambleton, North Yorkshire, England, offers a fascinating history having expanded by buying out neighbouring properties. In 2022, Barkers embarked on a project to replace the rooflights in all four atriums positioned in the centre of the store above the ladies’…

Europe

European Retailers Fear for In-store Operations

New research from Sony Professional Displays & Solutions reveals UK and German retailers are preparing proactively for the critical Christmas and New Year trading period as their counterparts in France adopt a more laissez-faire approach. Despite retailers entering the first un-disrupted Christmas since 2019, close to half (43%) of those in the Europe are concerned…

Blog

Meeting Peak Demand for Retail Logistics with Robots

Following Black Friday, Frazer Watson, VP Sales UK&I for mobile robot manufacturer iFollow, explains why retailers and e-tailers are deploying autonomous mobile robots (AMRs) in intralogistics operations. Retail peaks can seriously challenge intralogistics operations. AMRs offer a cost-effective solution that will help remove much of the risk, smooth the spikes and ensure continuity of service…

FM

Cazoo Awards Hard Services Contract

Online car retailer Cazoo has appointed Pareto FM to provide hard services across its UK estate. Under the contract, Pareto will deliver all associated compliance and engineering services across Cazoo’s 40+ UK locations which includes supporting of all 22 national Customer Care Centres. Cazoo’s mission is to transform the car buying and selling experience across…

FM

Incentive FM Recognised for Contribution to Retail Shopping Centre Sector

Atalian Servest brand Incentive FM has been recognised with SCEPTRE Awards for implementing best practices in security and customer service at shopping centres it manages in the UK. A ‘Security Team of the Year Award’ ackowledged initiatives introduced by the facility services provider at Beaumont Shopping Centre which have been credited with reducing anti-social behaviour…

industry

Cash-back App Partners with Nielsen to Disrupt European Retail Data Market

Cash-back app Shopmium has announced a strategic partnership with global audience measurement leader Nielsen in a bid to improve data-driven marketing within the FMCG sector – post-cookies. Shopmium’s data combined with the Nielsen Marketing Cloud’s comprehensive consumer data willenable brands to gain an omnichannel view of consumers across different buying signals and retailers.Shopmium is the…

industry

GMB Union Calls on ASDA to Address Poor Supermarket Pay

ASDA is once again the worst-paying of the UK’s ‘Big Four’ supermarkets after Tesco, Sainsbury’s and Aldi increased wages to help workers cope with the cost of living crisis says the GMB Union as it calls on bosses to ‘wake up’. According to the union, basic pay for Asda retail workers remains at £10.10 per…

News

MRI Software Acquires Retail Footfall Analytics Provider

MRI Software has acquired UK-based Springboard, a provider of footfall counting and artificial intelligence (AI)-powered analytics to retailers, landlords, and government bodies. The acquisition expands the MRI@Work™ for Retail solutions suite, which currently serves more than 500 retailers and retail property owners and operators globally according to the company. Leveraging plug-and-play software, existing camera networks,…

News

Delivering Secure Edge Computing Environments

A new partnership between confidential computing software provider Cysec and edge application orchestration platform Avassa will offer automated, scalable, and secure solutions for edge computing environments. For many enterprises today, it’s no longer a matter of cloud or edge — it’s a matter of both. And with a hybrid infrastructure, businesses need to apply tooling…

FM

The White Company to Reduce Emissions with Cloudfm

Lifestyle brand The White Company has appointed Cloudfm to manage its 67 sites in the UK and Ireland under a three-year contract that will introduce an innovative approach to reducing carbon emissions. Cloudfm’s technology-driven approach will provide greater transparency throughout the process to improve cost-control and boost response times to improve the customer experience. In…

Contracts

Tamoil-Autogrill Collaboration Wins 30-year Zürich Motorway Services Concession

Swiss Oil Company Tamoil SA, in close collaboration with Autogrill, has secured a new concession for the operation of the Herrlisberg Nord motorway service area in the canton of Zürich, Switzerland. The 30-year concession (with an option for a further 10 years) is expected to generate sales of around 400 million euros1 (over the 30…

Contracts

OHS to Provide Water Compliance Services for Pets at Home

OHS has been awarded a water risk assessment and remedial work contract for all 457 stores operated by FTSE 250-listed pet supplies retailer, Pets at Home.  The work will see OHS send teams of assessors to stores and ensure compliance of water systems with applicable regulations. David Hulston, facilities manager for Pets at Home, comments:…

FM Magazine

The Changing Face of Retail Security

Brendan Musgrove, managing director of G4S business Total Security Services (TSS), discusses the retail sector’s response to emerging security threats including an increase in reported incidents of abuse of frontline workers and losses caused by shoplifting – as well as his company’s recent acquisition by Allied Universal. According to the British Retail Consortium Crime Survey…

News

Markzware Announces Pre-Release Launch of FlightCheck 2022 for Mac

Document data conversion and print quality control software developer Marketzware has announced the pre-release launch of FlightCheck 2022 for Mac, a stand-alone application for preflighting digital files. The company is offering graphic designers, desktop publishers, print production specialists, and prepress professionals a 35 per cent discount as part of the pre-launch promotion – with IDMarkz…

News

Wiltshire Development Secures New Tenants

RO Real Estate, a subsidiary of UK family-owned business, The RO has successfully pre-let two food retail units on its development at Solstice Park in Amesbury, Wiltshire.  Work on the units is underway with completion expected over the summer and customer visits expected to commence later this year. Tenants include leading food retailer Greggs, the…

Contracts

Creating Smiles and Breathing Kindness at Cribbs Causeway

Independent UK facilities management company Incentive FM has won a new three year contract with CBRE at Cribbs Causeway, the premier shopping destination in the South West of England. Incentive FM were originally appointed as the soft services facilities management provider at Cribbs Causeway in April 2017. Following a robust tender process during 2021, Incentive…

Appointments

Cushman & Wakefield Bolsters Retail Valuation & Advisory Team

Cushman & Wakefield has hired veteran valuation professional Julie Holt-Swaun, MAI, MRICS to its Valuation & Advisory (V&A) practice in Seattle, Washington. Holt-Swaun will serve as an executive director and one of the firm’s key retail valuation experts in the Seattle and Greater Washington markets, working closely with Richard Latella, executive managing director and the…

News

Why Britain’s High Streets are Anything but Dead

Steve Purvis, Bis Henderson Space managing director, explains why reports of Britain’s High Streets dying are greatly exaggerated. Amid the angst about rows of empty shops and the demise of much-loved retail brands, it is easy to forget that the High Street has been through changes as fundamental, if not quite so rapid, many times…

News

Savills IM UK Value Boxes Fund Deploys £75 Million on Retail Park Assets

Savills Investment Management’s UK Value Boxes fund has deployed £75 million on four retail park assets since launching in October 2021. Savills IM’s UK retail park strategy was launched in October 2021 with the aim of capitalising on the strong income-producing characteristics of the UK retail parks sector, with a focus on parks let to…

Finance

DRC Savills Investment Management Finances Blackbrook Spanish Supermarket Portfolio

Funds advised by European investment fund advisor, DRC Savills Investment Management LLP (DRC SIM), financed a portfolio of 21 supermarket assets owned by Blackbrook Capital (Blackbrook). Blackbrook were advised by the EMEA Cushman & Wakefield Debt and Structured Finance (C&W) team on the financing. The portfolio is subject to long-term triple net leases to Eroski,…

Cleaning

Protecting a Shopping Mall from Covid-19 and Other Pathogens

Incentive FM have applied an innovative antimicrobial coating from Nordic Chem at out-of-town shopping and leisure centre, The Mall at Cribbs Causeway, near Bristol.     Independently certified to prevent the spread of harmful pathogens including the SARS-Cov-2 coronavirus for a period of up to 90 days with a single application, the coating supplements regular…

Cleaning

European Cleaning & Hygiene Awards 2022

Incentive FM has been shortlisted for the European Cleaning & Hygiene Awards 2022, which will take place at the Hotel Le Plaza in Brussels on 28th April. The prestigious awards have recognised Incentive FM in the Excellence in Client Contractor Relationships category, for its work with British Land at Beaumont Leys Shopping Centre in Leicester.   Glenn…

Japan

Savills IM Announces EUR 3.4 Billion of Transactions in 2021

Savills Investment Management (Savills IM) transacted more than EUR 3.4 billion globally in 2021, with Europe accounting for around EUR 2.6 billion and Asia EUR 670 million of the total figure. Globally, transactions included around EUR 2.1 billion of acquisitions and around EUR 1.2 billion of disposals, resulting in a net investment of approximately EUR…

Government

Collaboration Is Key for Rent Collection

As commercial landlords continue to grapple with rent arrears and struggling tenants breaching the terms of leases during the pandemic, Matthew Peake, partner and head of Strategic Asset Management at Cluttons, comments on the UK government’s new Code of Practice and draft Commercial Rent (Coronavirus) Bill. Covid has brought many challenges to the fore, with…

Foodservice & Catering

M7 Acquires West One Retail Park from Frogmore

M7 has acquired the West One Retail Park in Eccles, Greater Manchester from the Frogmore Real Estate Fund III for a  purchase price of £27.5 million.The retail park comprises 13 ‘big box’ retail units anchored by Lidl, The Range, McDonald’s, Subway, Home Bargains, The Food Warehouse, Jollyes Petfood Superstores, Pure Gym and Smyths Toys. Frogmore…

Environment

Rewarding Consumers of Sustainable Beauty Products

A new partnership between UK loyalty app Embargo and eco-beauty brand Faith In Nature will incentivise purchases of refillable products.   App users buying qualifying products at participating outlets will be rewarded with loyalty points which can later be traded for free product refills.   According to the company’s literature, Faith In Nature currently saves…

Blog

Boosting Your Startup Retail Business

08.10.2021, 08:06 Boosting Your Startup Retail Business Starting a retail business is never easy and keeping it trading successfully can be tough in the current environment. Despite reaching a point where the business is operating with some degree of stability, you may find that you’ve started to stagnate somewhat and lose interest in progressing your…

Italy

CONAD Expands Self-Checkout Offering

Pistoia-based retail cooperative Conad Nord Ovest has further expanded a collaboration with Diebold Nixdorf and tech integrator Distribution Service to install self-checkout solutions in stores across Italy following the success deployment of 160 units in 2020. The new deployment of 90 units will allow customers of supermarkets and hypermarkets to experience what the cooperative describes…

News

Family Investment Vehicle Acquires LA Retail Anchor Store

28.09.2021, 12:52 Family Investment Vehicle Acquires LA Retail Anchor Store Cushman & Wakefield has brokered the sale of a newly built single-tenant grocery property in Los Angeles, California for US $35 million. Completed in 2020, the 29,456 SF property is located prominently on the southeast corner of Centinela Avenue and La Tijera Boulevard and benefits…

Contracts

Celebrating Hispanic and Latinx Culinary Talent

16.09.2021, 07:47 Celebrating Hispanic and Latinx Culinary Talent Aramark is recognising the contribution of Hispanic and Latino American employees through two initiatives dedicated to Hispanic Heritage Month in the United States. Launched by Congressman George E. Brown in 1968 in appreciation of the cultural and economic contribution of U.S. citizens whose families originated from Mexico, Spain, the…

Education

Social Media Trends Influencing School Dinners

02.09.2021, 14:04 Social Media Trends Influencing School Dinners Sodexo’s education catering brand Alliance in Partnership (AiP) is drawing inspiration for its latest school menu offerings in the UK from TikTok and Instagram. The food services brand which was acquired in 2018 serves more than 75,000 freshly cooked, nutritious and locally sourced meals a day at…

News

Making Lasting Retail Memories

19.08.2021, 08:56 Making Lasting Retail Memories A new brochure from Aramark explains why supporting ‘experiential’ retail is a cornerstone of its integrated services offering for the sector. The publication provides an overview of Aramark services in several areas, and explains why best-in-class store design and technology combine to leave a lasting impression on visitors to…

News

Merger to Create US $7.5 Billion U.S. Retail REIT

19.07.2021, 20:28 Merger to Create US $7.5 Billion U.S. Retail REIT Kite Realty Group Trust and Retail Properties of America, Inc., have entered into a definitive merger agreement.   Under the terms of the proposed merger, Retail Properties of America (RPAI) which owns and opertes 102 retail properties in the United States representing 19.9 million SF…

Appointments

BCC Elects Chairman and Deputy Chair

The British Cleaning Council (BCC) has elected a new Chairman and Deputy Chair at its recent Annual General Meeting. Jim Melvin, Group Chief Executive of Exclusive Services Group who has served as Deputy BCC Chairman for two years takes over as Chair from Paul Thrupp. The meeting also elected a new Deputy Chair, Delia Cannings,…

Appointments

Terminix Announces Senior Appointments

06.07.2021, 13:12 Terminix Announces Senior Appointments Terminix has appointed Deidre Richardson as senior vice president and general counsel, and Joy Wald as senior vice president and chief information officer. Richardson joins Terminix from Chico’s FAS, where she was chief legal and compliance officer and corporate secretary for the publicly traded retailer and operator of the…

Appointments

Retail Veteran Joins Cushman & Wakefield Las Vegas Team

29.06.2021, 21:31 Retail Veteran Joins Cushman & Wakefield Las Vegas Team Cushman & Wakefield has appointed Scot Marker, a retail specialist with over 25 years’ experience, as a Director of its office in Las Vegas, Nevada. Marker has more than 25 years of experience as a retail broker and has successfully negotiated many transactions with…

News

Sale of Mixed Use Scottsdale Commercial Development

18.06.2021, 09:56 Sale of Mixed Use Scottsdale Commercial Development Cushman & Wakefield has brokered the sale of Chauncey Lane Marketplace, a newly constructed Class A mixed-use office/retail property in north Scottsdale, Arizona The high-image asset totals 34,963 square feet in three stories and was acquired by Los Angeles-based Ronal, LLC for US $17.4 million. The…

Energy Management

Managing Payment Risk in Retail Energy

14.06.2021, 08:26 Managing Payment Risk in Retail Energy A partnership between Siemens, global IT and business consulting services firm CGI, and Open Banking innovator Ordo is making a new way of settling bills available to retail energy suppliers and their customers. Launched in response to reports of bad debt risk spiralling for energy providers, and…

Blog

Addressing Warehousing in the Food Sector

19.05.2021, 09:08 Addressing Warehousing in the Food Sector Matt Whittaker, commercial director at Bis Henderson Space, considers the strategies that are available to companies within the food sector that are experiencing reported shortages of highly specified flexible warehousing space. When it comes to warehousing, the food sector presents many unique challenges. It can seem that…

Contracts

Supporting Home Bargains in Northern Ireland

05.05.2021, 19:07 Supporting Home Bargains in Northern Ireland Belfast-based Parr Facilities Management is delivering fit out works and FM support at a newly opened 30,000SF Home Bargains store location in Newtownabbey, County Antrim. The 6-month project has represented a significant investment by Home Bargains, with the new site on the Longwood Retail Park now its…

Contracts

British Land Renews Shopping Centre Contracts

12.04.2021, 09:38 British Land Renews Shopping Centre Contracts British Land has renewed three of its shopping centre contracts with Incentive FM, and awarded an additional contract for the provision of multiple soft FM services at a shopping park near Manchester. The contract renewals build on a long-term partnership which has seen Incentive FM drive value…

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