DOCSLIB.ORG

Transport Statement PROPOSED A1 FOODSTORE ENTIRELY

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Transport Statement PROPOSED A1 FOODSTORE ENTIRELY Transport Statement PROPOSED A1 FOODSTORE ENTIRELY REPLACING EXISTING A1 NON FOOD UNIT Havens Head Retail Park, Milford Haven June 2016 London Metric PLC REPORT CONTROL Document: Transport Statement Project: Proposed Change of Use. Client: London Metric Job Number: T387 File Origin: T:\Projects\London Metric\T387 – Milford Haven\Reports DOCUMENT CHECKING Primary Author: James Athersmith Checked: Chris Smith Authorised: CS Issue Date Status Checked for Issue 1 31.05.16 First Draft CS 2 13.06.16 Final CS CONTENTS Page 1. INTRODUCTION 3 2. EXISTING SITUATION 4 3. ACCIDENT ANALYSIS 7 4. PROPOSED DEVELOPMENT 11 5. TRANSPORT PLANNING POLICY 10 6. TRIP GENERATION AND EFFECT 11 7. CONCLUSION 24 Appendices Appendix A – TRICS Data Drawings Location Plan Distance Isochrones Txxx – Milford Haven/Reports/Transport Statement 2 1. INTRODUCTION 1.1 This Transport Statement (TS) has been prepared by Exigo Project Solutions (EPS) to accompany an application for a change of use from A1 (Non Food) to A1 (unrestricted) at Unit A2, Havens Head Retail Park, Milford Haven. 1.2 The purpose of this report is to provide an indication of the impact the development will have on the local transport network. 1.3 Havens Head Retail Park offers the following retailers at present: Tesco; Boots; Peacocks; Card Factory; 99p Stores; Pound Stretcher and; Home Bargains. 1.4 It is proposed to derestrict the A1 planning consent at unit A2 (908sqm GFA) with an Iceland Food Store. The nearest Iceland food store is located in Haverfordwest circa 9 miles north of the site. Iceland are considered as a deep discount store and as such would complement the existing Tesco Supermarket, which stocks a high proportion of convenience and comparison goods. 1.5 The highway effect of changing Use Class A1 (restricted to non-food) land use to Class A1 (unrestricted) is investigated as a part of the TS. 1.6 This TS has been produced in line with Local and National Guidance. 1.7 The TS provides a background to the existing highway situation in the area and that connected to the existing site use. The proposed development is then discussed and the impact on the network is demonstrated. Txxx – Milford Haven/Reports/Transport Statement 3 2. EXISTING SITUATION 2.1 Havens Head Retail Park fronts Victoria Road 4-arm roundabout (A4076), located in the centre of Milford Haven. Victoria Road (A4076) is a major route through Milford Haven, linking the site with surrounding areas such as Hubberston, Stynton and Thornton. 2.2 The existing retail park acts a major retail destination in Milford Haven, containing both food and non-food retail stores. The food retail offering allows visitors to the retail park to perform a food shop; however, it is robust to assert that the Tesco Food Store is a destination in its own right. 2.3 The nearest food store to the site is a LIDL store located off Great North Road (A4076) approximately 1.5km east via the A4076. Milford Haven at present is served by single Tesco and LIDL food stores, and therefore presents a limited food retail choice for local residents. The nature of the retail offering from a LIDL store dictates some customers would be required to seek additional comparison goods to facilitate a ‘full’ weekly shop. It is highly likely some customers of the LIDL food store would travel to Havens Head retail park to purchase additional comparison goods or vice versa to complete their weekly grocery shop. Providing a complimentary discount food store within a comfortable walking distance of an existing Tesco Food Store will encourage sustainable trip linkage. 2.4 Additional food retail stores can be found in Haverfordwest, Neyland and Pembroke. The nearest ‘Iceland Stores’ is found in Haverfordwest approximately 9 miles north of the site. 2.5 The retail park benefits from a large well established catchment area; attracting customers from neighbouring Hubberston, Stynton and Thorton as well as Milford Haven. 2.6 The current occupiers of Havens Head Retail Park are detailed below: Tesco Food Store 3518 sqm GFA; Boots Store 289 sqm GFA; Peacocks Store 570 sqm GFA; Card Factory Store 344 sqm GFA; 99p Store (Proposed Iceland) 741 sqm GFA; Poundstretcher Store 908 sqm GFA; Home Bargains Store 1393 sqm GFA Site Access 2.7 The site fronts Victoria Road roundabout (A4076) which contains levelled footways. Victoria Road roundabout connects St Lawrence Road and Hamilton terrace. Txxx – Milford Haven/Reports/Transport Statement 4 Accessibility via Non-Car Modes 2.8 The Institute for Highways and Transport provides guidance on ‘acceptable’ walking distances by destination it its publication: ‘Providing for Journeys on Foot’ (2000). Although, there is nothing specifically prescribed for an acceptable walking distance to a ‘grocery shop’; out of the three destinations the trip purpose of ‘shopping’ would be most analogous to that of ‘commuting’. If a person is more predisposed to walking a ‘preferred maximum’ distance of 2km (i.e. to a place of employment), the same distance to a supermarket would not be deemed as an unacceptable distance, if they already access or intend to access a supermarket on foot; the following assertion is robust, as the act of commuting and performing a grocery shop is deemed inelastic. ‘Town Centres’ ‘Commuting’ ‘Elsewhere’ ‘Acceptable’ 400m 1000m 800m ‘Preferred 800m 2000m 1200m Maximum’ Table 2.2 – “Suggested Acceptable Walking Distance” (IHT, 2000) Modal Split 2.9 Table 2.3 denotes the modal split of Pembrokeshire 012 (Milford Haven) compared to Pembrokeshire Local Authority via travel to work statistics detailed in the 2011 census published by the Office for National Statistics (ONS). Walk Cycle Car Motorcycle Public Other Transport Pembrokeshire 11.0% 0.8% 79.1% 0.7% 6.6% 1.9% 012 MSOA Pembrokeshire 13.1% 1.0% 79.8% 0.7% 3.8% 1.5% Local Authority Table 2.3 – Pembrokeshire 012 MSOA & LA, Travel to Work 2011 Census 2.10 Table 2.3 denotes how 18.4% of people in Milford Haven (Pembrokeshire 012) travel by sustainable modes of transport to work, higher than local authority wide averages (17.9%). Pedestrians 2.11 The site fronts Victoria Road roundabout (A4076) which provides level footways. Victoria Road roundabout connects St Lawrence Road and Hamilton terrace. 2.12 Pedestrian access is provided by a footway on the site arm of the A4076 and a footways flanking Point Street leading into the site. The latter access point Txxx – Milford Haven/Reports/Transport Statement 5 off Point Street follows pedestrian desire lines and is facilitated by zebra crossings on Point Street and within the site to safely navigate the car park. 2.13 The footway leading into the site from the A4076 roundabout is approximately 1.8 metres in width and is well lit. A zebra crossing is available across the vehicular access road to allow safe passage towards respective store entrances through the car park. 2.14 Pedestrian islands are also located on the exits of the Victoria Road / St Lawrence Hill (A4076) roundabout, to ensure safe passage for pedestrians accessing, leaving or passing the site. 2.15 Footways flank both sides of the A4076 heading east and westbound of the site, exhibiting minimum widths of approximately 1.8m. The footway flanking the non-site side of St Lawrence Hill (A4076) exhibits a minimum width of 3.5 metres. A pedestrian crossing points are found along St Lawrence Hill (A4076), the nearest being a signal controlled pedestrian crossing point, allowing safe passage to residential areas to the west. Victoria road (A4076) provides access to the High Street and Nelson Quay. 2.16 A 2km ‘preferred maximum’ walking distance would include residential areas to the west and east, and the southern fringe of northern residential areas. 2.17 1km and 2km walk-in catchments are shown at Appendix B. 2.18 Overall, the site is considered to be highly accessible on foot, and the footway network and existing pedestrian crossings are considered to be suitable to serve the development proposals. Cycling 2.1 There are no on-street cycle facilities which lead into the existing site. However, a reduced speed limit is implemented, meaning on road cycling is safe to do so. 2.2 The nearest cycle infrastructure is found on Point Street, where a local cycle route in Milford Haven originates. A large stretch of the local cycle route utilises a cycle path found running parallel with railway line between Point Street and Cromwell Road. The local cycle route extends from the site to Neyland in the east, passing through the settlements of Thornton and Steynton, connecting to the National Cycle Route 4. The National Cycle Route 4 links the site to Haverfordwest and Pembroke to the north and south respectively. 2.3 A shared footway is present on a large stretch of the non-site side of St Lawrence Hill. Cyclists can access the site via the signalised pedestrian crossing on St Lawrence Hill (A4076), by dismounting and walking their cycle along footpaths into the site, utilising a zebra crossing on Point Street. 2.4 A 5km cycle catchment would include Steynton and Thorton to the north. 2.5 A plan showing the 5km catchment as well as 5km walking catchments is included within Appendix C. Txxx – Milford Haven/Reports/Transport Statement 6 Public Transport 2.6 Existing bus stops are found within the development site, adjacent to the Tesco Supermarket. Buses enter the site via a ‘Bus Only’ access on Point Street. 2.7 The bus stop is complete with shelter, timetable and flag. Pedestrian access to the bus stop is facilitated by zebra crossings within the site. 2.8 The table below
Load more

Recommended publications
  • What's Next for Ukpound Shops?
    February 3, 2015 February 3, 2015 What’s Next For UK Pound Shops? Major UK pound shop chains have seen revenues surge in the post-recession years. The economic slump and the Woolworths failure paved the way for this segment’s rapid expansion of stores. With further expansion expected, we think the segment is looking increasingly crowded. Some players are now eying international markets in their bid for growth. DEBORAH WEINSWIG Executive Director–Head Global Retail & Technology Fung Business Intelligence Centre [email protected] New york: 646.839.7017 Fung Business Intelligence Centre (FBIC) publication: UK POUND SHOPS 1 Copyright © 2015 The Fung Group, All rights reserved. February 3, 2015 What’s Next For UK Pound Shops? THE POUND SHOP BOOM Variety-store retailers have proliferated rapidly in the UK, mirroring the store-expansion boom of discount grocery chains (notably Aldi and Lidl), as the low-price, no-frills formula has found particular resonance in Britain’s era of sluggish economic growth. This retail segment encompasses chains like Poundland, 99p Stores and Poundworld, which sell all of their products at fixed price points. Similar to the dollar chains Dollar General and Family Dollar in the US, everything in the pound stores sells for £1 (or 99p) and the goods are bought cheaply in bulk. The group also includes chains with more flexible pricing schemes. Those include B&M Bargains, Home Bargains and Poundstretcher. For both types of stores, the offerings are heavy on beauty and personal care, household fast-moving consumer goods (FMCGs) and food and beverages (particularly confectionery). Other categories typically include do-it-yourself (DIY) and automotive accessories, pet products and seasonal goods.
    [Show full text]
  • Anticipated Acquisition of 99P Stores Limited by Poundland Group Plc
    Non-confidential ANTICIPATED ACQUISITION OF 99P STORES LIMITED BY POUNDLAND GROUP PLC RESPONSE TO PHASE II STATEMENT OF ISSUES 9 JULY 2015 LON37045457/6 163772-0005 POUNDLAND GROUP PLC Response to the CMA’s Statement of Issues This document is Poundland Group plc’s (Poundland) response to the UK Competition and Markets Authority’s (CMA) statement of issues of 25 June (Statement of Issues) regarding Poundland’s proposed acquisition of 99p Stores Ltd (99p Stores) (the Transaction). Please note that this document contains Poundland confidential information and should not be shared with third parties absent Poundland’s express prior written consent. 1. Executive Summary 1.1 Poundland welcomes the opportunity to provide the CMA with its input on the CMA’s Statement of Issues. 1.2 Poundland believes that the evidence strongly supports the view that this transaction does not pose any risk to competition. On the contrary, Poundland considers that the merger will be pro-competitive – bringing a superior proposition to 99p Stores’ customers, and further enhancing competition along the High Street. 1.3 In particular, the evidence shows that: (a) Poundland competes in a competitive marketplace everywhere it operates. Poundland competes all along the High Street: all of the products that Poundland sells are either available at a supermarket, at a limited assortment discounter (LAD), at another value general merchandiser (VGM), at a specialist retailer or at an independent discounter. Customers are value conscious – they want more for less, can easily switch retailers and do not display any ‘fascia loyalty’ in their quest for value. (b) There is no variation of the offer across the Poundland estate.
    [Show full text]
  • Poundland Group Plc Annual Report & Financial Statements for Period Ended 27 March 2016
    Poundland Group plc Annual Report & Financial Statements for period ended 27 March 2016 ...Every week ...Every month ...Every year STOCK CODE: PLND OPERATIONAL HIGHLIGHTS GROUP SALES AREA 60 grew by NET NEW STORES 190 converted 99p Stores to Poundland 66% growing the estate in to UK & Ireland to 5.3 million sq ft 896 stores (2015: 588) RETAIL PARK 7 STORES MILLION NOW TOTAL 139 customers served each IN THE UK AND IRELAND week, including over (2015: 87) 300,000 in Ireland th 10 Dealz store opened in Spain CONTENTS Introduction Our History 1 Market Overview 2 Business Model 4 Strategic Report Our Group Strategy 10 Chairman’s Statement 12 Chief Executive Officer’s Review 14 Chief Financial Officer’s Review 18 Risks and Uncertainties 26 Viability Statement 28 Corporate and Social Responsibility Report 30 Governance Directors’ Report 34 Our Directors 36 Our Executive Team 38 Corporate Governance 39 Governance and Nominations Committee Report 42 Audit and Risk Committee Report 43 Directors’ Remuneration Report 46 Financials Statement of Directors’ Responsibilities in Respect of the Annual Report and the Financial Statements 64 Independent Auditor’s Report to the Members of Poundland Group plc 66 Consolidated Income Statement 69 Consolidated Statement of Other Comprehensive Income 70 Consolidated Statement of Financial Position 71 Consolidated Statement of Changes in Equity 72 Consolidated Cash Flow Statement 73 Notes to the Consolidated Financial Statements 74 Company Balance Sheet 110 Notes to the Company Financial Statements 112 OUR GOAL At Poundland we deliver amazing value to our customers every day. We will be famous for our wide range of great products and top brands, offering many exciting new lines every week.
    [Show full text]
  • A Historical Look at the Shops – Past and Present in the Colchester Town Centre Area
    A HISTORICAL LOOK AT THE SHOPS – PAST AND PRESENT IN THE COLCHESTER TOWN CENTRE AREA 1 INTRODUCTION Having written about walking around our town and others over Christmas and the month of January, looking at churches in Essex, Suffolk and Norfolk, the weekend of 1st and 2nd February 2014, saw me writing and photographing the main shops in our town of Colchester and trying to find out the National History of the businesses. So here is my story again …… 99p STORE (84-86 Culver Street East) 99p Stores Ltd. is a family run business founded in January 2001 by entrepreneur Nadir Lalani, who opened the first store in the chain in Holloway, London, with a further three stores opening later that year. In 2002, Lalani decided to expand the business throughout the UK and has rapidly developed 99p Stores, operating a total of 129 stores as of March 2010 and serving around 1.5 million customers each week, undercutting their main rival Poundland by a penny. As of mid-2009 the company offered more than 3,500 different product lines throughout its stores. Most of their stores are based in the south of the UK, although there are stores as far north as Liverpool and Hartlepool. The chain saw accelerated store expansion upon the collapse of Woolworths Group, where they took the opportunity to acquire 15 of these former stores, increasing their estate to 79 at that time. Landlords are now regarding 99p Stores as an anchor tenant due to the significant number of customers one of their stores can bring to a location.
    [Show full text]
  • Grocery Sector
    Scale, Disruption and Brexit A new dawn for the UK food supply chains? Contents 3 Executive summary 4 Part 1: Societal shifts in how, when and where we shop 8 Part 2: Consolidation is the name of the game 13 Part 3: The Brexit effect 23 Case studies Groceries Code Adjudicator Harvey and Brockless SPAR 29 Checking out the shop landscape: Trends to watch 30 The tariff effect 31 Appendix 33 Further information This report was researched, developed and produced by Retail Economics in September 2018 for Barclays Corporate Banking. 2 of 33 Executive summary It’s a momentous time for the UK food and grocery sector. New technology, increased consumer choice, fiercer competition and game-changing industry consolidation have all led to a big shift in power between wholesalers, retailers and consumers. Disruption is now the new normal across the sector. closer to home, buy produce from local suppliers and be For example, a hard or no-deal Brexit could mean: more ethical with what they put in their basket. They’re also To become more profitable and fit for the digital age, • New tariffs* of £9.3bn per year imposed on food looking for a wider, more pleasing shopping experience. retailers have had to keep up with customer demands and and drink imports from the EU expectations. This has led to innovative strategic partnerships Playing out against the backdrop of these developments A new average tariff of 27% for food and drink supply that no one thought possible just a few years ago. • is the UK’s future relationship with the EU.
    [Show full text]
  • Spaces and Operations of the £1 Commodity Chain Within the Context of Contemporary Capitalism
    The Tactics of the Trinket: Spaces and Operations of the £1 Commodity Chain Within the Context of Contemporary Capitalism Alison Hulme Centre for Cultural Studies Goldsmiths College University of London 2010 Submitted in partial fulfilment of the requirements for the degree of PhD in Cultural Studies 1 This thesis is the result of my own investigations. Sources are acknowledged by footnotes and a bibliography. Signed …………………………………. Date …………………………………… 2 Abstract The Tactics of the Trinket presents a material geography of the £1 commodity, following the trinket‟s journey from its beginning as raw material on a Chinese rubbish dump, to factories, international trade hubs, state-of-the-art distribution networks, over-flowing high street stores, and finally the homes of the consumer. This trajectory is used to uncover the places and operations of the typical £1 commodity and the ways in which it utilizes and creates a complicated array of tactics. Each of these tactics is explored in turn; from the embedding of a culture of immediacy, to the intrinsic necessity of disposability, to the creation of agglomerative logic, to the over-powering presence of abundance. Immediacy is explored in relation to the consumer and traditional notions of desire and mystification unpicked. Disposability is questioned in the context of the possibilities of entanglement with objects rather than possession of them. Agglomeration is analysed as a practice both contributing to, but in some ways hors de, capitalism, as well as a phenomenon carving out new types of spaces. Abundance is picked apart as one half of a double- edged relationship with scarcity and a way of understanding current rhetoric on fast capitalism.
    [Show full text]
  • Poundland/99P Stores Issues Statement
    ANTICIPATED ACQUISITION BY POUNDLAND PLC OF 99P STORES LIMITED Statement of issues 25 June 2015 The reference 1. On 17 April 2015, the Competition and Markets Authority (CMA), in exercise of its duty under section 33(1) of the Enterprise Act 2002 (the Act), referred the anticipated acquisition by Poundland Group plc (Poundland) of 99p Stores Limited (99p) for further investigation and report by a Group of CMA Panel Members (Inquiry Group). The investigation was suspended for a period of three weeks and resumed on 8 May 2015. 2. In exercise of its duty under section 36(1) of the Act, the CMA must decide: (a) whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation; and (b) if so, whether the creation of that situation may be expected to result in a substantial lessening of competition (SLC) within any market or markets in the UK for goods or services. 3. In this statement, we set out the main issues we are likely to consider in reaching our decisions, having had regard to the evidence currently available to us including evidence set out in the phase 1 decision to refer the acquisition of 99p by Poundland for further investigation (the reference decision) and the comments made by Poundland in its initial submission for the phase 2 review (Poundland’s submission). This does not preclude the consideration of any other issues which may be identified during the course of our investigation. 4. Throughout this document, where appropriate, we refer to Poundland and 99p collectively as the Parties.
    [Show full text]
  • Appendix 1B Table Attachment 2
    Occupier Address 1 Voter name 143 BAR 143 THE PARADE The Manager 99P STORES LTD - Cordant Care 77-79 High Street The Manager A M GOUGH THE HARLEQUIN REMOTE STORE 39 AT BA The Manager AB FAB TANNING 116 THE PARADE The Manager ABLETHIRD IN ADMINISTRATION 114D HIGH STREET The Manager ACCESSORIZE 113 Intu Centre katheryn kindness ADORN SPA LTD 44A Intu Centre The Manager ADORN SPA LTD KIOSK, LM Intu Centre The Manager AESTHETIC AND COSMETIC SURGERY 3 GEORGE STREET The Manager AGGREGATE INDUSTRIES (UK) LTD 137 THE PARADE The Manager ALDO UK LTD 150 Intu Centre The Manager AMEGA INTERNATIONAL LTD 45 CHARTER PLACE The Manager ANN SUMMERS LIMITED 115 Intu Centre The Property Manager ANN SUMMERS LIMITED THE HARLEQUIN REMOTE STORE 29 AT BA The Manager APPLE RETAIL UK LIMITED THE HARLEQUIN REMOTE STORE 21 AT BA The Manager APPLE RETAIL UK LTD 156-158 Intu Centre Alan Vickery ARGOS DISTRIBUTORS LTD 1 CHARTER PLACE The Manager ARKWRIGHTS 1st floor, 17 EXCHANGE ROAD Krishna Gill ARKWRIGHTS 15 EXCHANGE ROAD Krishna Gill AROMA CAFÉ 162 HIGH STREET The Manager ARQIVA LTD WATFORD TELEPHONE EXCHANGE, EXCHANGE ROAD The Manager ARTISAN 150 HIGH STREET Antony Tompkins ASK RESTAURANTS LTD FORMER POST OFFICE The Manager AUNTIE ANN'S 41 Intu Centre The Manager AURA LTD 151 HIGH STREET The Manager AUTO MOBILITY CONCEPTS LTD 172 HIGH STREET The Manager B & M RETAIL LTD 22-23 THE PARADE The Manager BAGHOUSE 42 CHARTER PLACE The Manager BALEDAY LTD 101 HIGH STREET The Manager BANANA TREE 9 King Street The Manager BARCLAYS BANK PLC 62-66 HIGH STREET Angela Hasluck
    [Show full text]
  • The Changing Face of Retail Where Did All the Shops Go?
    The changing face of retail Where did all the shops go? Retail thought leadership series Contents Executive summary 1 Preface 2 Reports of the death of the high street 4 Regional variations 7 Discount stores and convenience formats 9 Betting shops, coffee shops and charities 11 The grocers and the high street 15 Ownership 17 Future hypotheses 19 Conclusion 20 Endnotes 21 Contacts 22 To start a new section, hold down the apple+shift keys and click to release this object and type the section title in the box below. Executive summary Our previous reports have examined how internet- • The major grocers and convenience food operators driven changes to consumer behaviour and the have used the space released to accelerate their changing economic environment were combining to return to the high street; change both the role and size of retailers’ bricks and mortar estates. • Contrary to popular belief, betting shops, pawnbrokers and gold sellers hardly figure among Numerous headlines have declared the decline, or the post-administration occupiers identified; death, of the high street and, indeed, many facts would seem to support this point of view. Since • Cafés and charity shops have undoubtedly taken the final collapse of Woolworths in 2009, the high advantage of some of the space that has been street has seen a wave of high profile administrations released, although take-up has been less dramatic affecting household names including Clintons, Game, than popular perception suggests; HMV and Blockbuster. Yet despite this, the Local Data Company’s (LDC) most recent vacancy report indicates • The sustained recovery of the high street still appears that overall vacancy rates have started to recede, albeit to be constrained by its fragmented ownership very slightly.
    [Show full text]
  • United Kingdom Country Report
    UNITED KINGDOM COUNTRY REPORT October 2013 / London, UK KantarRetail.com KantarRetailIQ.eu I – Key Themes Changing Channel Mix The UK’s grocery retail landscape continues to undergo significant structural change, with online, convenience and discount retailing all registering robust growth. Most noteworthy is the rapid growth of the online channel. In fact, growing at double-digit figures, the United Kingdom is the most dynamic online grocery market in the world. That said, online still represents only 5% of the grocery market. Another noteworthy occurrence in the country has been the rapid expansion of the discount channel, driven not only by the German limited assortment grocery discounters Aldi and Lidl but also by high street value chains. While the online channel has increasingly been attracting bulk shopping trips, discounters have become a popular destination for top-up shopping. The growth of these two channels has been at the expense of other grocery shopping formats—supermarkets and hypermarkets in particular. The third growth channel has been convenience stores. While independent stores, symbol groups (Spar, Londis, etc.) and petrol stations are still important components of the convenience sector, most new stores are being opened by the large supermarket businesses that are capitalising on the trend for smaller, more frequent shopping trips. On the flipside, retailers such as Tesco have been seeking to reinvent the hypermarket experience in the face of mounting shopper apathy for the big box, out-of-town retail experience. Featuring reduced non- food space, enhanced fresh departments and increased foodservice, stores like Tesco Extra Watford are indicative of the changes that need to be made to face up to an increasingly multi-channel future.
    [Show full text]
  • General Retail News
    6th February 2015 WEEKLY RETAIL NEWS HIGHLIGHTS FROM AROUND THE MARKET KNIGHT FRANK RETAIL NEWS General retail news Nike the sportswear giant, is to launch Shackfuyu the concept launched by Deal OF the week a women’s-only shop at 33 Kings Road. Bone Daddies, is to open at 14A Old The 3,000 sq ft store was signed on a Compton Street in Soho. The concept 10 year lease at a rent of £435,000 per revolves around food made in the pizza annum. oven of the previous incumbent. Thor Equities the US investor, are Hugo Boss the high end fashion brand, reportedly close to buying a £50 has begun a major expansion and million section of London’s Oxford remodelling of it’s flagship store at Street from Strathclyde Pension fund, Liverpool’s Metquarter. They have at a yield of 2.9%, ahead of the taken a 10 year lease and doubled their opening of Tottenham Court Road floorspace to 3,600 sq ft, the largest crossrail station in 2019 which is Hugo Boss store in the UK outside of predicted to bring rents up to around London. £750 Zone A. 191 Baker Street to Dunkin’ Bill’s the all-day restaurant chain, is to Morrisons the discount supermarket Doughnuts open on Baker Street in the former operator, has agreed sale-and- Ladbrokes unit. leaseback deals on their Reading, The Knight Frank retail agency team Darlington and High Wycombe Branch has secured a 10 year lease at a record Jamie’s Italian the Italian restaurant in a £100 million deal representing rent for the area on behalf of clients chain, has partnered with Italian Food between 4.5% and 5% yeild.
    [Show full text]
  • Poundland/99P That Day
    Poundland and 99p A report on the anticipated acquisition by Poundland Group plc of 99p Stores Limited 18 September 2015 © Crown copyright 2015 You may reuse this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit www.nationalarchives.gov.uk/doc/open-government- licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Website: www.gov.uk/cma Members of the Competition and Markets Authority who conducted this inquiry Philip Marsden (Chair of the Group) Katherine Holmes John Krumins Tim Tutton Chief Executive of the Competition and Markets Authority Alex Chisholm The Competition and Markets Authority has excluded from this published version of the report information which the inquiry group considers should be excluded having regard to the three considerations set out in section 244 of the Enterprise Act 2002 (specified information: considerations relevant to disclosure). The omissions are indicated by []. Some numbers have been replaced by a range. These are shown in square brackets. Non-sensitive wording is also indicated in square brackets. 1 Contents Page Summary .................................................................................................................... 4 Findings ...................................................................................................................... 8 1. The reference ......................................................................................................
    [Show full text]