2 thoughts on “Blightwells coming to Farnham sometime, anytime – whenever?”
Perhaps Crest are deliberately slowing down the build to keep pace with their snails-pace retail & leisure take-up? They certainly don’t want the site to be finished with dozens of empty shells. But that would be really dangerous as their early sign-ups, such as M&S could simply walk away. However, as the fastest growing food retailer is M&S, they might stay at Blightwells (but at a price) to capitalise on this growth position. But then again, how much of M&S food sales are now online via Ocado? (clearly a significant amount as Ocado’s sales are up 35% since splitting with Waitrose. in 2019, M&S paid £750m for their 50% stake in Ocado Retail and are tipped to buy the remaining 50% by 2025 if good sales growth shows that to be prudent. So does M&S still want the bricks and mortar are Blightwells?
Perhaps Crest are deliberately slowing down the build to keep pace with their snails-pace retail & leisure take-up?
They certainly don’t want the site to be finished with dozens of empty shells. But that would be really dangerous as their early sign-ups, such as M&S could simply walk away.
However, as the fastest growing food retailer is M&S, they might stay at Blightwells (but at a price) to capitalise on this growth position. But then again, how much of M&S food sales are now online via Ocado? (clearly a significant amount as Ocado’s sales are up 35% since splitting with Waitrose.
in 2019, M&S paid £750m for their 50% stake in Ocado Retail and are tipped to buy the remaining 50% by 2025 if good sales growth shows that to be prudent. So does M&S still want the bricks and mortar are Blightwells?