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EuroBrief: John Lewis, Greggs and Aldi store plans

May 28, 2020

John Lewis will reopen stores in phases

UK department store operator John Lewis & Partners plans to start reopening its 50 stores June 15. “Our plan sees us open our shops on a phased basis, to enable us to test the changes we are introducing and ensure the best and safest customer and partner (employee) experience,” it said. Rigorous and frequent cleaning, limits on the number of customers, social distancing signage and protective screens at checkouts are a few of the precautions the retailer is instituting. Reuters

UK: Greggs to open 800 stores in June

UK bakery chain Greggs plans to reopen 800 of its 2,050 stores starting in the middle of June after having tested social distancing protocols. The company has warned that sales will be “significantly lower than normal” while social distancing measures are in place in its stores. Yahoo Finance

UK: Tech tools help Aldi regulate store traffic

Aldi is rolling out a traffic light system at its UK store entrances to control the number of customers going in and out of stores. The stores can program the signals with specific capacity limits and can accommodate two-metre social distancing rules. The Leader

Douglas says it won’t need state aid from Germany

German perfume retailer Douglas lost 51 million euros in the most recent quarter due to COVID-19. Even so, the company says, it likely will be able to operate through December without state financial assistance. Reuters

Romanian mall operators ask government to ease lockdowns

CBRE and 32 mall operators in Romania have asked the Romanian government to allow large shopping centres to reopen. They estimate retailers in malls have lost 750 million euros due to government-mandated store closures. Romania-Insider.com

Klépierre aims to have 90 per cent of malls open by June 5

French mall landlord Klépierre said on Tuesday that the bulk of its properties had reopened. Its properties in the Netherlands, Norway and Sweden never closed. In countries like France, Italy, Spain, Portugal and Germany, restrictions remain on dining, cinemas and other uses. Those restrictions represent 5 per cent of the company’s annual rent roll. Across

Morrisons will open apparel and home goods concept

UK supermarket chain Morrisons will open its first store focused only on apparel and home goods. The store, in Bolsover, Derbyshire, will stock the retailer’s private-label merchandise. The Sun

REIT and pension fund buy into Sainsbury’s portfolio

British Airways Pension Trustees and Supermarket Income REIT will buy a 25.5 per cent stake in a 448 million-euro portfolio of UK supermarket properties leased to Sainsbury’s. London hosts 60 per cent of the properties. IPE Real Assets

London high-street property trades for 28 million euros

Legal & General, on behalf of its BMW UK Trustees fund, sold a multi-tenant, high-street retail asset at 36 St John’s Road in London to an unnamed pension fund for 28 million euros. IPE Real Assets

Hammerson chief will step down

David Atkins will step down from his role as chief executive of UK retail landlord Hammerson. Atkins will remain in his position while the board seeks a successor, until spring 2021 at the latest. Across

By Brannon Boswell

Executive Editor, Commerce + Communities Today