Tag: retail news

Online Retailer Amazon to launch Grocery delivery service

Posted on | by Aisling Rafferty

Online Retail giant Amazon are to launch ‘Amazon Fresh’, the retail giant’s grocery delivery service that will launch in the UK this year. According to speculation, the plans are at an ‘advanced stage’ and are due to launch the service in September of this year.

Amazon Fresh will allow customers to in certain areas to order an array of grocery products. It is currently available in large urban US locations such including New York and LA. While suggestions continue to circulate, an Amazon spokesperson said that ‘we do not comment on rumour or speculation but we will remain thoughtful and methodical in our approach to expanding Amazon Fresh’.

Source: http://www.thejournal.ie/amazon-grocery-delivery-service-uk-new-investment-2227052-Jul2015/

Penneys pulls out of Naas and plan to sell site

Posted on | by pointblank_admin

International Retailer Penney’s have dropped plans to develop a planned new store in Naas, Co. Kildare. They will also sell their recently vacated site in Co, Kildare town. The nearest Penney’s store will now be located a 20 minute drive away in neighbouring town Newbridge.

Six years ago development of a partially built shopping centre was abandoned and the loans were acquired by NAMA. Business in the town has since deteriorated since a decision allowed Tesco to build one of the largest Irish supermarkets on the outskirts of Naas.

Discounter Aldi have opened a second Naas store, close to Tesco off the Monread Road. Aldi’s other store is also on the outskirts of the town on the Newbridge Road. Estate agents Bannon are seeking €3 million for the 1.31-acre town centre site with planning for a large retail building, and €800,000 for the recently closed Penneys store a short distance away.

Penney’s had originally paid €27 million for the prime complex in Naas town, which at the time included a Superquinn and 60 space car park.

Source: http://www.irishtimes.com/business/commercial-property/penneys-drops-entirely-out-of-naas-1.2209652