Coventry
This coverage explores retail developments and commercial activity in Coventry, with reporting on store openings and closures, investment in retail property, local economic factors, and regeneration projects shaping the city’s retail sector. Designed for professionals managing retail operations, property strategy, and business planning within the region.
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Dec- 2025 -4 DecemberClothing & Shoes
Frasers ‘remains cautious’ despite 5% sales rise in H1
Frasers Group has welcomed a “solid” first half of trading, as revenues rose 5% to £2.58bn, driven by an international revenue growth of 42.8%, but said it “remains cautious” amid tough market conditions. Despite the rise in sales, adjusted pre-tax profits fell by 2.8% to £290.9m following an £82.3m rise…
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Nov- 2025 -27 NovemberDIY
Halfords HY sales rise 4.1% amid retail and autocentre expansion
Halfords has reported that group sales rose 4.1% on a like-for-like basis, with cycling up 9%, for the 26-week period to 26 September, driven by stronger demand in its cycling division and steady growth across its retail and autocentre operations. As retail and autocentre sales grew by 4% and 4.3%…
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21 NovemberSupermarkets
Asda sells 24 stores to lease back in £568m deal
Asda has revealed that it has sold 24 stores to investors, which it has leased back, raising £568m. The company confirmed that four stores (Small Heath, Colindale, Coventry Abbey Park and Killingbeck) have been sold to DTZ Investors and leased back. It also confirmed that 20 stores and the Lutterworth…
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Feb- 2025 -11 FebruaryNews-In-Brief
Today’s news in brief-11/2/25
Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its anticipated £50bn London Stock Exchange listing. The company had explored sites in Derby, Coventry, and other locations but confirmed no immediate need for a UK facility. The decision follows mounting…
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11 FebruaryClothing & Shoes
Shein abandons UK warehouse opening amid London listing uncertainty
Fast fashion group Shein has reportedly abandoned plans to open a warehouse in the Midlands, according to The Telegraph, as its plans for a London IPO continues to face difficulties from the EU and the US. The search for a UK warehouse was thought to started as a way for…
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Oct- 2024 -4 OctoberClothing & Shoes
Shein to hold informal talks with investors ahead of possible London float
Shein is reportedly set to hold informal talks with potential investors in the coming weeks regarding its much anticipated London initial public offering (IPO), according to Reuters.Three sources with knowledge of the matter said the discussions will be held as the fast fashion giant awaits UK regulatory approval to launch…
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Aug- 2024 -13 AugustNews
Today’s news in breif-13/8/24
UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months ending June 2024, the lowest since 2022, according to the Office for National Statistics. Factoring in inflation, wage growth drops to 3.2%. Public sector pay rose by 6%, while private…
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13 AugustClothing & Shoes
Shein scouts Midlands warehouse ahead of London IPO
Shein is reportedly looking to open its first British warehouse within the Midlands’ “golden logistics triangle” ahead of its anticipated £50bn listing on the London Stock Exchange, according to The Telegraph. It is understood that the fast fashion giant has sent a team of representatives to the UK to look…
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Jul- 2024 -24 JulyDIY
Tapi confirms Carpetright store closure locations
The full list of 218 Carpetright stores set to close following the company’s acquisition by Tapi has been confirmed. Tapi has acquired the company’s IP as well as two warehouses and 54 of its stores saving 308 jobs. However, the details of the deal mean that 1,018 jobs across the…
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9 JulyNews
Today’s news in brief-9/7/24
Amazon’s Coventry warehouse is at the centre of a groundbreaking union recognition ballot involving over 3,000 workers. If successful, this vote, set to conclude on July 13th with results expected by July 15th, could compel Amazon to negotiate with GMB Union on pay and working conditions. Concurrently, rallies are planned…
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