Adaptive Retail, the Next Evolution in Shopping: as defined by Walmart
“There’s never been a more transformational change in our supply chain like right now”
Sector News
How online grocers failed to topple bricks and mortar rivals
“Experts believe that multichannel retailers — those that sell both online and offline — will be the real winners over the coming years.”
Trading updates from SUPR tenants show resilience
SUPR’s tenants have recently reported some very impressive trading performance over the Christmas period, highlighting the strength of the sector and the non-discretionary nature of grocery spending.
Record numbers of supermarkets changed hands in 2023
“The record transaction volumes for supermarket property in 2023, despite the challenging economic backdrop, reflect the positive investor sentiment towards the sector.”
Foodstores: A Feeding Frenzy
A fascinating report was recently published by the team at Knight Frank; ‘Foodstores: a Feeding Frenzy’ talks to the attractiveness of investing in supermarket real estate.
M&S follows Tesco and Sainsbury’s with strong results
Following Kantar’s new data showing UK grocery inflation has fallen to single digits (9.7%) for first time in 16 months, Marks and Spencer has this week followed the path of Tesco and Sainsbury’s by reporting strong results.
Sainsbury’s interim results
Sainsbury’s reported strong interim results this week and is ‘confident’ going into the festive peak trading season, having made ‘record market share gains’ in the first half of the year.
Tesco celebrates milestone of 500th electric customer home delivery van
Tesco has recently celebrated its 500th electric home delivery van, with the 500th going to the Tesco Extra in Sheffield, owned by SUPR.
Tesco’s ambitious net zero targets validated by Science Based Targets Initiative
Tesco becomes one of the first companies globally to set validated science-based targets on all greenhouse gas emissions with the Science Based Targets initiative.
