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Online retailer Amazon is currently trialling a new grocery delivery service called ‘AmazonFresh’ in Los Angeles and Seattle. The service provides same day delivery from a range of local suppliers. After a $299 yearly subscription, there are no further delivery charges (no matter how small the order).
Currently, the majority of online grocery shopping relates to the ‘main shop’. Amazon’s hope is to tap into the ‘top-up’ convenience shopping which accounts for around 37% of the spend in bricks-and-mortar grocery stores.
Even though the AmazonFresh products are sourced from local retailers, we think the likely effect of this service will be a squeeze on local stores and the supermarkets’ convenience formats. If this service allows you to select the best-priced grocery items from all over your city without leaving your home/office, and the quality of product is right, this could dramatically change the way we ‘top-up shop’…
H&M is the latest retailer to confront its landlords about this ‘two tier retail market’ in an attempt to explore and negotiate more favourable terms.
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Ann Summers is the latest retailer to have entered into new voluntary deals with the majority of their landlords, rather than using the CVA process.
We previously reported on the High Court decision of S Franses Ltd v The Cavendish Hotel (London) Ltd in which it was held that a landlord’s motive could not prevent it from successfully utilising ‘ground (f)’ under s30(1) of the Landlord and Tenant Act 1954 to oppose a lease renewal.
The FCA are encouraged to find that the implementation of the new rules has encouraged financial institutions to manage whistleblowing cases and concerns fairly, consistently and in a manner that protects the individual whistleblower.
Senior Associate
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