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Feeding the market

By: Language: English Series: New Builder ; 19/26 August 1994, 18-19(2)Publication details: 1994Subject(s): Summary: Despite a developing trend amongst retailers to seek to cut the costs of building new stores so that they can maintain their profit margins, the top three food retailers expect to spend £1500m on new store construction in 1994. Looks at this against a background of contractors being squeezed by absorbing costs, investment in refurbishment of shopping malls and the effect of PPG13 curtailing out-of-town development.

Despite a developing trend amongst retailers to seek to cut the costs of building new stores so that they can maintain their profit margins, the top three food retailers expect to spend £1500m on new store construction in 1994. Looks at this against a background of contractors being squeezed by absorbing costs, investment in refurbishment of shopping malls and the effect of PPG13 curtailing out-of-town development.