Proactive’s Post

🛒Aldi UK and Lidl GB's expansion has been driven by new stores, although the pair scaled back on their opening plans last year. While it looks like the discounters are thriving on the surface, the fact that neither retailer report like-for-like sales or profit guidance makes it difficult to see the true picture. Retail Gazette looks at where the discounters' expansion plans stand now, whether growth has slowed and how big they could get in the UK. https://lnkd.in/e8Bh58rG #retailnews #grocery

🏗️ Lidl Secures £70 Million Deal to Expand Across the UK 🚀 Exciting news in the retail sector today as Lidl has secured a £70 million sale-and-leaseback deal to fund the development of 12 new stores across the UK. This strategic move is set to enhance Lidl's footprint, making affordable groceries even more accessible to communities nationwide. Partnering with Roadside Real Estate and Meadow Real Estate Fund, Lidl ensures these stores not only increase their reach but also unlock capital for further expansion. This funding initiative, stretching from October 2024 to February 2025, will bolster Lidl's network of over 960 UK stores. Remarkably, Lidl will manage and operate these new locations while maintaining a strong operational presence in key areas. As someone who's been in recruitment for 15 years, sourcing talent for varied sectors like IT, manufacturing, and the NHS, I find such growth and innovation incredibly inspiring. This development is a prime example of how strategic partnerships can drive sustainable success in challenging markets. What are your thoughts on Lidl's expansion strategy? Feel free to share or get in touch at www.alexander-assoc.co.uk, robert.fox@alexander-assoc.co.uk, or 07881247542. #RetailExpansion #UKBusiness #SustainableGrowth

#ModernExpo_retailnews Lidl plans to open "hundreds" of new stores across the UK to expand its customer base. The German discount supermarket is looking to expand in Bristol, Birmingham, Berwick, Wandsworth, Fulham, Hoxton, and Canning Town in London over the next few months. Lidl has published a list of desired locations for new sites to increase its presence in cities like Edinburgh, Leeds, and Liverpool, as well as towns including Woking, Wadebridge, Dumfries, and Didcot. This news comes as the grocer marks 30 years in the UK and follows a year of significant infrastructure investment, including opening its largest global warehouse in Luton. Lidl has specified that it is looking for sites in "prominent locations" with "easy access and strong pedestrian or traffic flow." The supermarket chain is seeking unit sizes between 18,000 and 26,500 sq ft and over 100 dedicated car parking spaces. Lidl's flexible approach will consider freehold, leasehold, or extended leasehold opportunities, making it easier to find new locations. #ModernExpo #wearemodern #wecreateretailnew #GoModern

How it should be done 👏🏼👏🏼

🇬🇧 Top #UK #Retail stories from last week. 🔍 January’s pricing probe by the CMA reassuringly found no evidence of misleading pricing in UK supermarkets' loyalty promotions, stating there is a lack of unfair practices and reassuring shoppers of transparent pricing. Some scrutiny still being placed on the advertised ‘was’ pricing, per the analysis. 🚨 ONS figures released last week show Shoplifting offences in England and Wales have surged to a 20-year high, with a 30% YoY increase in reported incidents to 443,995 in the year leading up to March 2024, the highest on record since 2003. 📊 Howdens reports £112.3m pre-tax profits in 24 weeks to 15 June, fuelled by 4.3% UK sales growth and strategic investments; CEO optimistic about growth opportunities in core markets. 📈 Crew Clothing Company's full-year results show a 26% increase in EBITDA to £17.1m, with sales up 13% driven by strong growth in wholesale, third-party, and online channels, as well as plans for further retail and product range expansion. 💰 Iceland Foods's record profit of £315.7m in the year to March 29 was driven by a surge in sales, up 6.6% to £4.2bn, bolstered by the success of its £1 value range amid a backdrop of normalized electricity prices and a 10% reduction in consumption. 🚪 Ted Baker UK to close all 46 stores within 3 weeks, resulting in the loss of 975 jobs despite potential plans for a new partner to run the business. 📚 Retailers, including AO, Co-op, and Asda, back new Growth and Skills Levy to replace apprenticeship levy, with £250m unspent in retail sector; praising government's move to boost skills and address training needs for future workforce. 🚪 New figures show that Carpetright's collapse left suppliers, customers, and landlords £80m in the red, with £81.7m in liabilities on its balance sheet, resulting in 1,500 job losses and the closure of 273 stores. Tapi Carpets & Floors strikes multimillion-pound deal to acquire Carpetright brand, 54 stores. ❓JD Sports Fashion faces potential job losses at its Derby distribution centre with around 200 workers impacted, amid a review of the facility due to challenging market conditions, following a dip in profits. 🏘️ John Lewis & Partners to transform Bromley Waitrose site into 353 rental homes, should boost the local economy by an £70m over 10 years, they plan to focus on prioritising residents for long-term tenancies. 🛍️ boohoo launches online marketplace "Boohoo Brands" with 150 brands like REVOLUTION BEAUTY and L'Oréal Paris amidst a £160m loss, aiming to diversify offering. 🚚 The Perfume Shop teams up with Deliveroo for rapid fragrance delivery service to 21 stores in major UK cities, promising delivery in as fast as 25 minutes. 🎉 Harrods partners with Loro Piana for festive takeover to mark the luxury brand's 100th anniversary, featuring installations and new stores at the department store, coinciding with Harrods' own 175th year celebration. Follow Kyle Monk on LinkedIn for more insight.

'Lidl eyes 10 new stores before Christmas as it inks £70m sale and leaseback deal 🏢💷 Lidl is ramping up its national expansion as it exchanges on a £70m sale and leaseback deal and plans to open 10 new stores before Christmas 🎄🙌 #Lidl #RetailExpansion #BusinessNews. Discover more data 📊 with databoutique.com 💻 - your largest source for public data that helps understand the news in retail. #DataDriven #RetailNews' by Retail Gazette about Lidl International

Reducing the scope of exclusivity rights in leases or eliminating them entirely will change the retail and restaurant landscape in Canada as we know it. This particular announcement from Loblaw strikes me as a bit political since the implementation of a consumer-friendly change is expressly conditioned on all competitors following suit (which is unlikely). But the point, and the potential outcomes, should not be overlooked by landlords and commercial tenants alike. Customers may find in the coming months and years that more options are available to them for products and services in the same category within the same plaza. And if tenants can’t negotiate for exclusivity for their category with the same breadth as has historically been the case, how much less will they be able to negotiate for rent? Who would want to pay high rent when a potential competitor is mere steps away? Big changes coming, to retail and restaurant concepts, both big and small.

Did you know that retailers will PAY YOU to find new locations for their stores? And the best part – you don’t even have to own the site! Here's what some retailers offer for simply finding them the right spot: - Lidl GB, Aldi UK, Marks and Spencer: 1.5% of the agreed purchase price OR 10% of the first year's agreed rent - PAPA JOHN'S PIZZA : £5k finders fee - Domino's’s: £10k finders fee In fact, most retailers offer a finder’s fee for helping them secure a great location! The challenging part is knowing what they’re looking for, where to find those sites, and who to contact... #lidl #aldi #marksandspencer #dominos #papajohns #monkeypuzzle #travellodge #landsourcing #retailopportunities

The discussion around supermarket price mark-ups in Australia has recently taken on an interesting real estate hue. It has been observed that Woolworths and Coles are able to generate market power from their land holdings. And I do not doubt this for a second. As was shown in Amazon’s entrance into the Australian market. It is very hard to find suitably zoned land of adequate size in Australia’s major cities for stores and warehousing. It would be almost impossible for a new challenger to build the kind of store network power that Coles/Woolworths have through their land holdings. And that is definitely a source of monopolistic pricing power. #australianrealestate #realestate

Lidl GB Secures £70 Million Deal to Expand Across the UK with 12 New Stores Lidl, the popular German discount supermarket chain, has secured a landmark £70 million sale-and-leaseback deal to fund the development of 12 new stores across the United Kingdom. This strategic move is part of Lidl’s ambitious UK expansion plan, which aims to make affordable, high-quality groceries accessible to even more communities nationwide. To bring this vision to life, Lidl has teamed up with Roadside Real Estate and Meadow Real Estate Fund, who have formed a joint venture to acquire these new stores upon completion. Under the agreement, Lidl will continue to manage and operate each location, allowing the retailer to strengthen its UK presence while unlocking capital to fuel further growth. Initially, Lidl acquired land and planning permissions for each of the 12 strategic sites. Once construction is complete, Roadside Real Estate will acquire the stores, leasing them back to Lidl under a 25-year contract. This flexible capital arrangement allows Lidl to grow its network while maintaining a robust operational foothold in key communities. The funding deal sees the joint venture contributing an initial £30 million, with a further £40 million to be provided upon the stores’ completion between late October 2024 and February 2025. These new additions will bolster Lidl’s current network of over 960 UK stores, solidifying its position as a major player in the British retail sector. https://lnkd.in/ewBWxueP Jason Buckley Oliver McGuinness Robert Beaumont