Devon
This coverage examines retail activity across Devon, providing reporting for professionals overseeing store operations, property strategy, and regional market performance. It highlights store openings and closures, as well as addresses the impact of economic pressures on local retailers, including rising operational costs and changing consumer behaviours. Our insights are tailored for industry professionals who need to stay informed on how Devon’s retail landscape is adapting to current challenges and opportunities.
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Apr- 2025 -7 AprilNews-In-Brief
Today’s news in brief-7/4/25
US President Donald Trump has defended his newly announced tariffs, describing them as necessary “medicine” to address trade imbalances. Speaking aboard Air Force One, Trump warned that governments would need to pay “a lot of money” to lift the sweeping tariffs, which include a baseline 10% levy on imports from…
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7 AprilSupermarkets
Co-op reopens three stores following refurb projects
Co-op has officially reopened three stores in Devon and Herefordshire before the weekend, following “extensive” programmes of improvements to the community stores. Located in Fore Street, Topsham; Newland’s Park, Scarborough, and Ledbury Road, Tupsley, the stores vary in size – with Newland’s Park, at just over 3,200 sq ft, being…
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Nov- 2024 -13 NovemberDIY
Homebase readies to bring in administrators
Homebase are reportedly lining up administrators from Teneo to handle a pre-pack deal with The Range that will save over 1,500 jobs, Sky News has learned. While The Range is said to be readying a deal to snap up a majority of the DIY retailer’s stores, the future of the…
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Oct- 2024 -28 OctoberNews-In-Brief
Today’s news in brief-28/10/24
Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a turnaround strategy, following Frasers’ acquisition of a 27% stake in the fast fashion retailer. He criticised Boohoo’s management and recent refinancing, which he termed unsatisfactory for shareholders. Boohoo’s refinancing agreement…
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28 OctoberSupermarkets
Lidl to open 10 new stores before Christmas
Lidl is accelerating its national expansion with the opening of 10 new stores before Christmas. From Berwick Green in Bristol to Bovey Tracey in Devon and Stirchley in Birmingham, the discounter will create around 400 new jobs. In London alone, it is opening three new stores, including Hoxton, Forest Gate…
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Jul- 2024 -22 JulyDIY
Homebase owner considers sale amid interest from The Range
Homebase owner Hilco Capital is reportedly considering a sale after it was approached from The Range for the DIY retailer, according to reports from Sky News. A formal sales process is set to commence in the coming days with other potential bidders involved. Sources suggested that the interest from The…
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Feb- 2024 -6 FebruaryNews
Asda to open 110 stores in February
Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate its growth strategy in convenience and put it firmly on track to reach 1,000 UK stores in total for the first time. The supermarket will convert 109 former convenience stores…
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Oct- 2023 -9 OctoberNews
Asda rebrands first 11 Co-op sites into Express stores
Asda has launched its programme to convert 116 convenience stores and attached petrol station forecourts acquired from the Co-op Group last year to its Asda Express convenience brand. The 11 sites are the first tranche to be rebranded Asda Express, with the remaining 105 sites due to be converted by…
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Jan- 2022 -27 JanuaryClothing & Shoes
Busby & Fox partners with Brightpearl
Clothing brand Busby and Fox has signed up with omnichannel retail system Brightpearl. The Devon-based company will now utilise Brightpearl’s features, including an automation Engine, advanced reporting functionality and demand planner tool, to “expand their digital presence”. It comes after Brightpearl was recently acquired by accountancy group Sage. After opening…
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Nov- 2021 -29 NovemberClothing & Shoes
Shoe Zone set to open Big Box store in Barnstaple
Footwear retailer Shoe Zone has announced it is set to open a new store in Barnstaple, Devon, on 4 December. Shoe Zone operates from a portfolio of around 400 stores and has approximately 3,000 employees across the UK. It revealed Debbie Cook has been appointed as store manager, with the…
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