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- 2024 -5 JanuaryNews
Tesco and The Entertainer announce extended partnership
Tesco and The Entertainer have recently announced they are extending their partnership to cover the entire Tesco UK business, and the Republic of Ireland from March 2024. Tesco customers will be able to shop The Entertainer’s range of brands such as Barbie, Nerf, LOL and Paw Patrol, as well as…
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2 JanuaryClothing & Shoes
Uniqlo UK boss to cut prices to attract more shoppers
Uniqlo’s UK boss, Alessandro Dudech, has vowed to cut prices as inflation eases out as it seeks to attract more shoppers to boost its expansion plans, the Telegraph has reported. According to Dudech, the group plans to pass on the falling cost of materials to consumers by cutting prices on…
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Dec- 2023 -29 DecemberAdvice
Navigating Global Markets: A Retailer’s Guide to International Expansion and Localisation
In the ever-evolving landscape of retail, international expansion presents a promising avenue for growth and increased market reach. However, venturing into global markets requires careful planning and a keen understanding of cultural nuances. Localisation, the process of adapting products and strategies to suit specific markets, becomes crucial for success. Here’s…
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25 DecemberAdvice
The Retailer’s Guide to Drone Deliveries: Opportunities and Challenges
The retail industry is continually evolving, and one of the most exciting innovations on the horizon is the use of drone deliveries. Drones have the potential to revolutionise the way products are delivered to customers, offering faster, more efficient, and often more cost-effective solutions. However, like any disruptive technology, drone…
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22 DecemberNews
Today’s news in brief- 22/12/23
Nike has announced a cost-saving plan of $2bn over the next three years and revised down its sales forecast. This move has led to an over 11% drop in the company’s stock price during after-hours trading. The company anticipates a pre-tax charge of $400-450m in the current quarter due to…
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22 DecemberDIY
ScS shareholders approve £99m Poltronesofà deal
ScS has announced that its shareholders have voted in favour of the group’s £99m takeover by Italian firm, Poltronesofà. At a general meeting this week, shareholders approved all resolutions regarding the deal, allowing the move to proceed. In October, ScS and Cerezzola Limited, a newly incorporated wholly-owned subsidiary of Poltronesofà,…
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19 DecemberNews
Today’s news in brief
South Korean e-commerce giant Coupang has reportedly reached an agreement to acquire Farfetch in a $500m rescue deal. The transaction involves a bridge loan to Farfetch and negotiations with a group of debtholders holding a significant portion of Farfetch’s term loan. The London-based luxury retailer is expected to undergo acquisition…
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19 DecemberHealth & Beauty
Revolution Beauty appoints North American chief
Revolution Beauty has announced the appointment of Erin Cast as president of North America. Based in New York, she will build upon the group’s foundations in the US and Canadian markets. Cast brings over 25 years of experience across sales, marketing, general management and board roles in beauty, food &…
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19 DecemberNews
Asda opens 81 Express stores ahead of Christmas
Asda has opened a record 81 new Asda Express stores in December in a bid to bring Asda value to even more communities ahead of Christmas. The conversions of its recent acquisition of Co-op and EG UK sites, alongside the opening of eight standalone Asda Express stores, brings the total…
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18 DecemberNews
Aldi creates national real estate team amid growth plans
Aldi has created a new national real estate team as it looks to deliver its plan to open 500 new UK stores. The UK’s fourth-largest supermarket recently announced a long-term plan to operate 1,500 UK stores – and the distribution network to service them – to meet growing demand from…
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