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Aldi unveils €1.4bn investment plan (GB)
Aldi unveils €1.4bn investment plan (GB)

Aldi has pledged to invest a record €1.4bn (£1.3bn) over the next two years (2020-2021) with new and upgraded stores, distribution centres and further innovations across its business. ...

Lenta expands its retail portfolio (RU)
Lenta expands its retail portfolio (RU)

Lenta, one of the largest retail chains in Russia, has opened two new hypermarkets in Saint-Petersburg. The first store is a Lenta hypermarket located at 10 Kollontay street. The store has a ...

Magnit unveils pilot e-pharmacy scheme (RU)
Magnit unveils pilot e-pharmacy scheme (RU)

Magnit PJSC, one of Russia’s leading retailers, began testing its online store that allows ordering products from over 100 pharmacies throughout Moscow and Moscow region. Customers can choose ...

Lothbury sells Berkamsted High Street retail asset for c.€10m (GB)
Lothbury sells Berkamsted High Street retail asset for c.€10m (GB)

Lothbury Investment Management has disposed of its high street retail holding in Berkhamsted, Hertfordshire to a private investor of Baillie Morton Investment Management, for c.€10m ...

Aspinal of London launches CVA (GB)
Aspinal of London launches CVA (GB)

Aspinal of London, the British manufacturer and retailer of luxury leather goods, has launched a Company Voluntary Arrangement (CVA) proposal.  Founded in 2004 and employing over 300 staff, ...

Waitrose to close four stores (GB)
Waitrose to close four stores (GB)

Waitrose has announced plans to close four shops located in Caldicot, Ipswich Corn Exchange and Shrewsbury, while selling their supermarket in Wolverhampton to Tesco. It is expected ...

Amsterdam The Style Outlets unveils its opening date (NL)
Amsterdam The Style Outlets unveils opening date (NL)

NEINVER and Nuveen Real Estate have announced the opening date for Amsterdam The Style Outlets. A joint project will open its doors to visitors on 26 November. Amsterdam The Style Outlets will ...

New Look avoids collapse as creditors approve CVA (GB)
New Look avoids collapse as creditors approve CVA (GB)

New Look Retail Holdings has secured €43.4m (£40m) investment as a result of the approval of the company's CVA proposal launched in August this year.  The CVA deal will ...

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