EV
This coverage examines the rise of electric vehicles (EV) and their impact on the UK retail sector. Reporting highlights infrastructure developments, consumer adoption trends, government initiatives, and retail opportunities linked to EV charging, mobility, and sustainability. Retail executives, property managers, and strategists can use this insight to assess how EV growth influences footfall, site planning, and customer expectations.
-
May- 2024 -20 MayNews
Today’s news in brief-20/5/24
Asda reported a robust financial performance for Q1 2024, with a 6.6% increase in total revenues (excluding fuel) to £5.3bn and a 1.4% rise in like-for-like sales. The supermarket chain saw notable growth in its George at Asda clothing line and homewares, with the latter boosted by the new Stacey…
Read More » -
20 MaySupermarkets
French conglomerate sues Morrisons over £2.5bn petrol forecourts deal
Bouygues, a French conglomerate, is reportedly looking to block Morrisons’ £2.5bn deal to sell over 300 of its petrol forecourts to Motor Fuel Group (MFG). According to The Times, Equans EV Solutions, a subsidiary of the giant, which is worth €13bn (£11bn), is suing the supermarket for an alleged breach…
Read More » -
13 MayProperty
Asda unveils plans for mixed-use redevelopment in North West London
Asda has unveiled plans for a mixed-use redevelopment of its 10-acre Park Royal site in North West London. The retailer has partnered with property developer Barratt London on plans to redevelop the Brownfield site which is currently home to its Park Royal Superstore. The proposal, which is subject to planning…
Read More » -
Apr- 2024 -30 AprilNews
Morrisons completes £2.5bn petrol forecourts sale to MFG
Morrisons has successfully closed the sale of 337 Morrisons’ petrol forecourts and more than 400 associated sites on the Morrisons’ car parks to Motor Fuel Group (MFG) for £2.5bn. The transaction, which was originally announced in January, forms a new strategic partnership between the two companies. As part of the…
Read More » -
Feb- 2024 -28 FebruaryNews
BP pilots made-to-order food at 10 Wild Bean Cafes
BP will be piloting a “new and improved” ‘fresh food for now’ offer that customers can personalise at 10 of its Wild Bean Cafes across the UK. The news comes as BP looks for new ways to drive convenience growth by giving “on-the-move” customers made-to-order, hot food options and coffee. …
Read More » -
21 FebruaryPeople Moves
BP appoints David Phillpot as European convenience trading director
BP has announced the appointment of David Phillpot as convenience trading director, Europe. Phillpot joins the firm from M&S and brings over 25 years of experience in diverse food retail roles. In his most recent role as franchise director, he led relationships and commercial plans with all of the M&S…
Read More » -
7 FebruarySupermarkets
Sainsbury’s unveils ‘Next Level’ strategy
Sainsbury’s has announced its latest strategy ‘Next Level Sainsbury’s’, aiming to build on its Food First Strategy it launches in 2020. The company has laid out eight commitments which it aims to achieve by March 2027. These include; having food volume growth ahead of the market, delivering profit leverage from…
Read More » -
Jan- 2024 -31 JanuaryNews
Today’s news in brief-31/1/24
The Body Shop is set to sell parts of its business in Europe and Asia. The deal involves an agreement with an international family office, covering around 14% of the business. This move is part of The Body Shop’s strategy to prioritise key markets and global franchise partner relationships. The…
Read More » -
31 JanuarySupermarkets
Morrisons to sell 337 petrol forecourts in £2.5bn deal
Morrisons has revealed it has agreed a deal with Motor Fuel Group (MFG) to sell 337 Morrisons petrol forecourts (including fuel, convenience retail kiosk and ancillary services) in a £2.5bn deal. The agreement also includes the acquisition of more than 400 associated sites, across the UK, for Ultra-Rapid electric vehicle…
Read More » -
23 JanuarySupermarkets
Morrisons nears £2.5bn sale of forecourt business
Morrisons is reportedly close to agreeing a deal to sell its forecourts business to Motor Fuel Group (MFG) in a £2.5bn, according to Sky News. MFG and Morrisons are both majority owned by American private equity firm Clayton Dubilier and Rice (CD&R). Reports of talks between the two companies emerged…
Read More »
