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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Jul- 2024 -2 JulyNews
Today’s news in brief-2/7/24
Shop price inflation in the UK saw a significant slowdown in June, dropping to 0.2% from 0.6% in May, marking the lowest rate since October 2021. This decline was driven by a 1% decrease in non-food prices and a deceleration in food inflation to 2.5%. Helen Dickinson of the BRC…
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1 JulyNews
Today’s news in brief-1/7/24
Several firms, including Gordon Brothers led by Mark Newton-Jones, are bidding to rescue The Body Shop’s UK business after its collapse into administration earlier this year. Alteri and Modella Capital are also considering bids. The retailer, known for its beauty products, faced financial difficulties despite a recent takeover attempt. Administrators…
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Jun- 2024 -28 JuneSponsored Articles
From uncertainty to stability: strengthening food and beverage supply chains with PLM
The fast-moving consumer goods (FMCG) sector is facing unprecedented challenges. Constant shifts in the industry landscape, driven by inflation, geopolitical tensions and climate change, create an increasing number of complex hurdles for retailers and manufacturers. Adapting to these changes requires agile decision-making and strategic planning. Food and beverage companies are…
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27 JuneHealth & Beauty
Beauty brand Elemis opens first standalone store in Covent Garden
Beauty brand Elemis has opened its first UK store at 23 Monmouth Street in Covent Garden’s Seven Dials neighbourhood. Elemis’s Seven Dials store has been designed to bring its “feel-good” skincare to life. Spanning 1,000 sq ft the space immerses customers, boasting interactive features such as a product play table…
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25 JuneHealth & Beauty
L’Occitane sales reach €2.5bn in FY24
L’Occitane International has seen its net sales increase by 19.1% to €2.5bn (£2.1bn) during the year ended 31 March. The beauty and wellness products retailer attributed this result to Sol de Janeiro and the performance of L’Occitane en Provence, particularly in China where it “outperformed” in a difficult market. However,…
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20 JuneNews
Today’s news in brief-20/6/24
Sainsbury’s announced the sale of its banking arm’s personal loan, credit card, and retail deposit portfolios to NatWest, scheduled for completion next year. The sale, which excludes Sainsbury’s Bank’s commission income businesses like insurance and travel money, will involve Sainsbury’s paying NatWest £125m to take over the portfolios. Sainsbury’s plans…
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20 JuneClothing & Shoes
Footasylum to open first Aberdeen store
Footasylum has announced that it will be opening a new store in Aberdeen’s Union Square shopping centre. The new 7,000 sq ft store will open to the public in early September, with an exact date to be confirmed in due course. It will be located on the ground floor of…
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20 JuneNews
Saucony appoints global chief marketing officer
Running and lifestyle brand Saucony, a division of Wolverine World Wide, has announced the appointment of Joy Allen-Altimare as global chief marketing officer. In this role, Allen-Altimare will be responsible for developing and executing Saucony’s global branding initiatives, including brand positioning, direct-to-consumer strategies, advertising, digital strategies, international growth initiatives and…
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17 JuneNews
Today’s news in brief-17/6/24
Superdry’s shareholders have approved a restructuring plan to rescue the company from financial difficulties. This plan, following the approval of creditors, includes a £10m equity raise and delisting from the stock market. Founder Julian Dunkerton will underwrite the equity raise, which the company believes will provide sufficient liquidity for its…
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17 JuneNews
M&S appoints new stores director of West division
M&S has appointed Ikea’s UK&I country deputy retail manager Marsha Smith as the new stores director of the West division. Smith, who will take up the new role in September, has worked for Ikea since 2004 in various roles, including becoming president of the Canadian arm. She was also responsible…
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