Lambert Smith Hampton - Neighbourhood Retailer https://neighbourhoodretailer.com The authoritative voice of the grocery industry in Northern Ireland Tue, 27 Sep 2022 09:36:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://neighbourhoodretailer.com/wp-content/uploads/2020/05/cropped-NR-SIte-Icon-2-32x32.png Lambert Smith Hampton - Neighbourhood Retailer https://neighbourhoodretailer.com 32 32 178129390 Lidl to target smaller towns under plans for 25 new stores in Northern Ireland https://neighbourhoodretailer.com/lidl-to-target-smaller-towns-under-plans-for-25-new-stores-in-northern-ireland/ Tue, 27 Sep 2022 09:36:19 +0000 https://neighbourhoodretailer.com/?p=25080 Supermarket chain Lidl is targeting 25 new locations in Northern Ireland as part of its long-term goal of reaching 66 stores here. The retailer, which

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Supermarket chain Lidl is targeting 25 new locations in Northern Ireland as part of its long-term goal of reaching 66 stores here.

The retailer, which has opened 41 stores in the north since 1999, is altering its location strategy, which will eventually see it open in towns with smaller populations.

Lidl’s location expansion will be run alongside its ongoing store replacement programme, which has already seen 18 of its northern stores modernised. The 19th replacement store is set to open in Omagh on October 13.

Lidl has previously announced its medium-term target of achieving 50 stores in Northern Ireland by 2030, but property director Chris Speers told the Irish News the company’s longer term strategy is now for 66 locations.

Ideally, he said the retailer would like to complete six projects each year, including two brand new location stores.

However, that will very much depend on the planning process and availability of suitable sites.

Lidl has already tasked property firms CBRE and Lambert Smith Hampton with helping it locate new sites as part of the goal of opening in 25 new locations.

“The aim is to bring our market leading prices and quality to more communities in Northern Ireland,” said Mr Speers.

“We generally work in catchments, both urban and rural hinterlands, of around 20,000 plus people. And there’s still many of those 25 stores within that category.

“But there’s also now a willingness to look at smaller catchments of around 15,000 plus, which brings in a lot of new towns we hadn’t considered in years gone by, as we were prioritising the bigger catchments.”

Since opening its first store in Cookstown in 1999, Lidl has established itself as the north’s fastest growing retailer, employing 1,100 people across 41 stores and a major distribution hub at Nutts Corner.

It’s understood Bangor and south Belfast are high on Lidl’s target areas. The retailer is expected to secure planning permission on a new Boucher Road outlet in the coming weeks.

It will be Lidl’s first in south Belfast, but it’s unlikely to be its last.

“South Belfast has been underrepresented by Lidl for a number of years,” said Mr Speers.

“There’s probably two or three further expansion opportunities in south Belfast.”

The broader location policy could also eventually see Lidl pop up in towns like Kilkeel and Ballycastle. It’s also examining a potential third store in Derry city.

As well as looking in smaller catchment areas, Lidl has also adapted its store strategy to take on units which don’t necessarily fit within its traditional format.

“The format of our stores, the locations and types of sites that we’ve looked at has evolved a fair bit,” said the property director.

“We’re being more agile, more flexible when it comes to the model of the building we use or the location.”

Chris Speers said the company had been spending between £12 million to £15m per year on store development around five years ago. It’s on course to triple that spend next year. That in turn will create more jobs in both construction, retail and the food supply chain.

 

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Major investment in Magherafelt’s Meadowlane Shopping Centre https://neighbourhoodretailer.com/major-investment-in-magherafelts-meadowlane-shopping-centre/ Mon, 11 Apr 2022 09:49:03 +0000 https://neighbourhoodretailer.com/?p=20714 The owners of  Magherafelt’s Meadowlane Shopping Centre have announced major investment into the retail destination. Anchor tenant Dunnes Stores has invested in a complete refit

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The owners of  Magherafelt’s Meadowlane Shopping Centre have announced major investment into the retail destination.

Anchor tenant Dunnes Stores has invested in a complete refit including,new flooring, lighting, and improvements to the look and feel of its store. The store has increased its homeware ranges, with the introduction of Paul Costelloe Living, Carolyn Donnelly Eclectic, Considered by Helen James and Cook with Neven Maguire.

The owners of Meadowlane, Sea Eagle Properties Limited, are planning to invest approximately £100,000 in improvements to the centre’s carparks this year, allowing greater ease of use for drivers, the introduction of new car-park technology, and new cashless payment options when leaving the centre. Improvements to the car park’s layout will also be made in the coming months.

Gareth Thomas, centre manager at Meadowlane, said: “The upgrades being made throughout the centre and to our carpark have been designed to make the visitor experience here more convenient and accessible for Meadowlane’s shoppers. There is a fantastic range of options at the scheme and the freshly refitted Dunnes Stores is more popular than ever with returning customers.”

Meadowlane is a 145,000 square foot centre and has been a fixture in Magherafelt town since 1991. Recent lease renewals have been agreed at the centre with multinational brands including New Look, Trespass, River Island, Iceland, Poundland, Costa Coffee, Holland & Barrett, Semi-Chem and Timpsons.

Meadowlane Shopping Centre is managed by Lambert Smith Hampton.

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