Asda’s prospective new owners are looking to raise £1.2bn from the sale of the supermarket chain’s logistics and distribution network, according to reports. The Issa brothers, who own petrol empire EG Group, have taken on Eastdil Secured to prepare a sale and leaseback of Asda’s distribution centres, ahead of their £8.6bn takeover of the supermarket chain. The distribution assets, which total almost seven million sq ft, could be split up into three or four packages. The portfolio includes the supermarket […]
HelloFresh, the Berlin-based meal kit provider, has leased 230,384sq ft of logistics space at Goodman’s Nuneaton 230 development.
FTA and Everywoman have joined forces to create a year-round programme of activity that operators can adopt to help them attract, retain and develop female employees. Launched today (8 March) to coincide with International Women’s Day, the FTA Everywoman Accelerate Programme incorporates Everywoman’s range of services into three packages – Founder, Champion and Influencer. Each package includes access to the EverywomanNetwork – an online personal development tool – and the Everywoman Club, where senior level women can connect and share […]
DHL Express has revealed that it intends to sell its same-day domestic business to technology distributor Rico Logistics later this month, as it continues to focus on the international express market.