Expansion

Co-op unveils new partnership with Bonmarché

Co-op and Bonmarché have unveiled a new partnership as value fashion outlet launches inside Co-op’s new-look Louth store. Louth’s Co-op,…

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Dr Martens to cut £25m in costs as full-year profits plummet

Dr Martens is targeting £25m in cost savings after its pre-tax profits plummeted 43% to £97m in the 12 months…

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Abercrombie and Fitch Q1 sales surge to $1bn

Abercombie and Fitch has reported a 22% increase in net sales to $1bn (£787.3m) for the first quarter ended 4…

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How to know when your retail company is ready for outside investment

In today’s retail market, acquisition has become a common strategy for growth, expansion, and exit. For retailers, understanding when their…

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Primark enters 17th market with new Budapest store

Primark has officially entered its 17th market with the opening of a store in Hungary’s capital Budapest.  The move comes…

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Victorian Plumbing revenues dip to £144.6m in H1

Victorian Plumbing’s revenues dipped 1% to £144.6m in the six month period ended 31 March.  Gross profits were up 8%…

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Mango opens new store in Angel Central

Fashion brand Mango has announced the opening of a new location at Angel Central, the retail and leisure destination located…

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Asda revenues surge to £5.3bn in Q1

Asda has reported a 6.6% increase in total revenues (excluding fuel) to £5.3bn and 1.4% growth in like-for-like sales for…

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Today’s news in brief-16/5/24

Natura and Co is considering separating from Avon after experiencing a significant increase in losses during the first quarter. The…

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Miniso revenues rise 26% in Q1 amid worldwide expansion

Trendy lifestyle retailer Miniso has reported that revenues rose 26% to $515.7m (£406.9m) year-over-year in the first quarter ended 31…

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