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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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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9 JulyOnline & Digital
Over 3,000 Amazon staff to vote over union recognition
Workers at Amazon’s Coventry warehouse are set to vote in a “historic” trade union recognition ballot which will force Amazon to recognise a union for the first time in the UK. More than 3,000 workers will take part in the ballot – if a majority of them vote yes, Amazon…
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May- 2024 -30 MaySupermarkets
Asda launches £50m store upgrade programme
Asda has announced the launch of a £50m store upgrade program, which aims to improve the design and shopping experience across 170 of its stores. As part of the program, 50 larger stores will receive major upgrades, including the introduction of new in-store services and features. This will include a…
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Mar- 2024 -1 MarchNews
Today’s news in brief-1/3/24
The forthcoming £90m Oxford Street Programme is poised to generate up to £2.8bn in additional sales for London’s West End between 2027 and 2033, as indicated by the New West End Company. This initiative, supported by both public and private investments, aims to revamp Oxford Street’s public spaces, infrastructure, and…
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