Asset-Light Strategies Come Into Their Own

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Smart retailing means smart property management.

Obvious as that sounds, it's only relatively recently that European food retailers have fully recognized that they don't have to own all the stores they operate. Sale and lease-back agreements with property companies have proven an increasingly popular way to release cash and manage capital more efficiently.

British food retailers like Tesco and Sainsbury have taken that to heart in recent years which has helped them weather the economic storm ...

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