Derby
This coverage examines retail activity and business trends in Derby, offering insight into store openings and closures, investment in retail spaces, economic factors affecting local trade, and regeneration initiatives shaping the city’s retail environment. Reporting is designed for professionals managing retail operations, property strategy, and commercial decision-making within the region.
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May- 2025 -20 MayHigh Street
Greggs sales surge 7.4% to £784m
Greggs has reported a 7.4% increase in total sales to £784m (2024: £730m) for the 20 weeks of 2025, driven by store expansion and product innovation. Its like-for-like (LFL) sales in company-managed shops also grew by 2.9%, with improved performance in the last 11 weeks supported by better trading conditions.…
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Mar- 2025 -4 MarchNews-In-Brief
Today’s news in brief-4/3/25
The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies offered to divest stores in Aberdeen, Inverness, Edinburgh, and Dorking to address competition concerns. The CMA had initially warned that the merger could reduce market competition, prompting an in-depth investigation.…
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4 MarchHigh Street
Greggs sales surge to £2.01bn in FY24
Greggs has surpassed the £2bn mark as its sales increased 11.3% to £2.014bn, with LFL sales in company-managed shops up 5.5% year-on-year, in the 52 weeks ended 28 December 2024. The group’s underlying pre-tax profit also increased 13.2% to £189.8m, while its total pre-tax profit was up 8.3% to £203.9m.…
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Feb- 2025 -26 FebruaryDepartment Stores
Angling Direct revenues surge 11.9% to £91.3m in FY 2025
Angling Direct, the omni-channel specialist fishing tackle retailer, has reported a 11.9% surge in £91.3m in FY 2025, driven by strong trading performance in the second half of the year despite the ongoing challenges in the broader consumer landscape. It comes as revenue in the UK business (stores and online)…
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13 FebruarySupermarkets
Tesco commits to 1,500 apprenticeships by 2027
Tesco has pledged to expand its Stronger Starts Apprenticeship programme, providing 1,500 apprenticeship opportunities for young people by 2027, following National Apprenticeship Week. The initiative comes as part of Tesco’s ongoing efforts to help tackle the challenge of youth unemployment in England and remove the barriers many young people face…
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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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4 FebruaryClothing & Shoes
Mango to open 20 new UK stores in 2025
Mango has announced that it is aiming to open 20 new UK stores in 2025 as part of its 2024-2026 Strategic Plan. The plan will concentrate in London, with six openings, as well as central England, Scotland, Northern Ireland and the arrival in Cardiff. One of the company’s six openings…
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Jan- 2025 -24 JanuaryNews-In-Brief
Today’s news in brief-24/1/25
Morrisons has announced plans to cut over 200 jobs as part of a restructuring effort aimed at reducing costs and enhancing operational efficiency. The proposed changes include the removal of regional people managers, store people managers, and case specialists. The company intends to replace these roles with a centralised structure,…
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24 JanuaryClothing & Shoes
Victoria’s Secret to open first premier midlands store at Derbion
Victoria’s Secret is set to open its first premier Midlands store at Derbion shopping centre. The lingerie retailer will take 5,712 sq ft of space at Derbion on a 10-year lease, as the retailer expands out of its current space in Next into its own individual unit. The new Victoria’s…
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