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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Oct- 2024 -21 OctoberFeatures
What does Shein’s potential IPO mean for the company and its competitors?
Chinese fast-fashion retailer Shein has reportedly been mulling launching an Initial Public Offering (IPO) on the London Stock Exchange for the past year. This float would be the first time the company has been publicly listed anywhere in the world and would represent a large moment in the retail space.…
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18 OctoberNews-In-Brief
Today’s news in brief-18/10/24
Boohoo’s CEO, John Lyttle, is stepping down after five years, as the company embarks on a strategic review and secures a £222m debt refinancing deal. The retailer’s new debt facility includes a £125m revolving credit line and a £97m term loan, aimed at supporting future development. The announcement follows a…
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18 OctoberAnalysis
A look at Mulberry’s financial struggles and future prospects
Once a darling of the British fashion scene in the 2000s, Mulberry was a go-to accessory for trendsetters like Alexa Chung with its signature leather handbags, such as the Bayswater. However, the group is now grappling with a financial crisis, reporting a pre-tax loss of £34.1m for the year ending…
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18 OctoberHealth & Beauty
Sephora to open at Liverpool One in Spring 2025
Sephora UK is continuing to fuel its northern expansion with the announcement of its next store opening at Grosvenor’s city-centre retail and entertainment destination, Liverpool One. The new store location at Liverpool One is slated to open in Spring 2025 and will be the 8th store in Sephora UK’s growing…
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18 OctoberHigh Street
Mothercare secures refinancing deal amid Asia expansion plans
Mothercare has agreed a deal that will see it refinance its existing debt facilities with investment firm Gordon Brothers, whilst forming a new joint venture with Reliance Brands UK that will see it expand into Asia. The company secured debt facilities of £8m – taken together with the gross consideration…
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18 OctoberDepartment Stores
Furniture Village doubles employee profit share payouts
Furniture Village has doubled its employee profit share payouts following its strong trading performance for the year ended in June. After the retailer’s share buyback in October 2022, resulting in the business becoming 100% family owned, it implemented a companywide profit-sharing scheme known as the ‘Family Partnership’. The group’s full-year…
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17 OctoberNews-In-Brief
Today’s news in brief-17/10/24
N Brown has agreed to a £191m takeover by Falcon 24 Topco, a company led by Joshua Alliance, a member of the founding Alliance family. Joshua, who already holds a 6.6% stake, will acquire the fashion retailer at 40p per share. Other family members, including former chair Lord David Alliance,…
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17 OctoberSupermarkets
The Entertainer rolls out over 850 concessions in Tesco stores
The Entertainer has completed a major roll-out of more than 850 brand-new toy shops within Tesco stores as part of its new partnership. The toyshop’s significant expansion across 861 large Tesco stores in the UK and Republic of Ireland was achieved in just eight months. The roll-out involved over 4.5…
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16 OctoberComment
Deliveroo’s VP of Grocery and Retail on the Future of On-Demand Shopping
Suzy McClintock, the Vice President of Grocery and Retail at Deliveroo, has had a career marked by a series of unexpected turns and strategic moves. In a recent interview with Talking Shop, she opened up about her unconventional career path, the evolution of grocery and retail in the on-demand space,…
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15 OctoberDIY
Victorian Plumbing to close Victoria Plum amid £2m loss
Victorian Plumbing has announced it is to close the recently acquired Victoria Plum, after it incurred a £2m loss in just four months. In a trading update for the trading for the year ended 30 September 2024, Victorian Plumbing said Victoria Plum contributed c.£15m of revenue and incurred an adjusted…
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