Expansion
This coverage examines retail expansion strategies and activities within the UK market. Reporting highlights store openings, market entry plans, international growth, investment in new formats, and leadership decisions driving growth. With a focus on commercial opportunities and competitive positioning, it provides insights for executives and managers overseeing strategic development and operational rollout.
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Jan- 2025 -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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23 JanuaryNews-In-Brief
Today’s news in brief-23/1/25
Primark has revised its sales forecast for 2025 downwards following a challenging autumn trading period in the UK and Ireland. The company reported a 6% decline in like-for-like sales in these regions, largely attributed to cautious consumer sentiment and mild weather affecting seasonal clothing purchases. Despite a modest recovery during…
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23 JanuaryHealth & Beauty
Bloom Perfumery relocates to bigger location in Covent Garden
London’s Bloom Perfumery has relocated within Covent Garden to a larger location within The Yards. Accommodating the brand’s significant growth and popularity, Bloom Perfumery’s new flagship store is triple the size of its previous site. The perfumery selected The Yards’ 2,900 sq ft 4 Slingsby Place site, relocating from Langley…
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23 JanuaryHealth & Beauty
THG hits FY expectations despite Q4 sales decline
THG has reported a decline in Q4 sales across some divisions, but remains on track to meet full-year expectations having officially completed the demerger of Ingenuity. For the period ended 31 December 2024, THG experienced a 2.6% fall in revenues to £552.4m. While MyProtein sales fell by 5% in Q4,…
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22 JanuaryHigh Street
Flying Tiger Copenhagen to open new store at Trafford Centre
Danish variety store Flying Tiger Copenhagen will open a new store at Trafford Centre on 14 February. The new 1,500 sq ft store, located on Upper Peel Avenue, will feature the brand’s core ranges alongside its seasonal love-themed products range to celebrate Valentine’s Day. The shop will mark the brand’s…
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17 JanuaryNews-In-Brief
Today’s news in brief-17/1/25
Retail sales in the UK fell by 0.3% in December, disappointing analysts who anticipated a 0.4% rise during the Christmas season. The decline, attributed to the poorest supermarket sales since 2013, was partly offset by a 4.4% rise in clothing sales. The Office for National Statistics (ONS) reported that food…
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17 JanuaryPeople Moves
N Brown appoints Dene Jones as CEO of Retail
N Brown Group has announced the appointment of Dene Jones as the group’s new CEO of Retail. Jones will succeed Sarah Welsh, who last year confirmed her decision to leave the group after five years in post. He will commence his new role on 1 February 2025, leading N Brown’s…
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15 JanuaryComment
Priya Chandé: Driving Purpose and Innovation in Retail
Priya Chandé, Global Brand director at WUKA, has had a career marked by ambition, resilience, and a deep-rooted commitment to making a difference. From her early days at L’Oréal, where she learned the intricacies of marketing global brands, to leading a purpose-driven startup in the women’s health space, Chandé’s story…
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15 JanuaryNews
Victorian Plumbing revenues hit £295m in FY24
Victorian Plumbing has reported a 4% revenue growth to £295.7m for the year ended 30 September 2024. The bathroom retailer shared that its order volume increased by 10% to over one million orders for the first time and that its adjusted pre-tax profits grew 14% to £23.1m. However, on a…
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14 JanuaryNews-In-Brief
Today’s news in brief-14/1/25
JD Sports adjusted its profit expectations for FY24 to £915m-£935m, down from an earlier forecast of £955m-£1bn, citing challenging market conditions during the holiday season. Sales in the nine weeks to January 4 dipped 1.5%, though December saw a 1.5% rise in like-for-like sales. Organic revenue grew 3.4%, driven by…
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