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- 2023 -31 OctoberNews
Today’s news in brief-31/10/23
The British Retail Consortium reports a drop in shop price inflation to 5.2% in October, down from 6.2% in September, marking the lowest rate since August 2022. Non-food inflation also declined to 3.4%, the lowest since September 2022. Food inflation decelerated to 8.8%, and fresh food inflation decreased to 8.3%,…
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31 OctoberPeople Moves
Naked Wines appoints Rodrigo Maza as UK MD
Naked Wines has announced Rodrigo Maza as its new managing director for its UK business. Maza joins from AB InBev where he was most recently expansion markets managing director. He also spent over 17 years at Mexican brewery Grupo Modelo, rising to the position of sales execution manager. He succeeds…
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31 OctoberClothing & Shoes
Footasylum furthers expansion with new Birmingham and Watford stores
Footasylum has continued its expansion with the opening of two new stores, having opened a new site in the Bullring in Birmingham, and one in the atria shopping centre in Watford. Following these openings, the group said an upsized store in Fosse Park Leicester will also be opening next month. …
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30 OctoberNews
M&S to sell Jaeger brand in 20 more stores
Marks and Spencer has today (30 October) announced that fashion brand Jaeger will open in a further 20 stores across the UK, following the iconic heritage brand’s ongoing success in store and online. Following a successful trial last year, where selected M&S stores welcomed a dedicated space for Jaeger, M&S…
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30 OctoberDIY
Andrews Tiles launches TheTilersHub.co.uk
Andrews Tiles has announced the launch of its online venture TheTilersHub.co.uk, which sells DIY products with next day delivery. The launch comes after the retailer made a “considerable” expansion this year, which included two new site openings in Seacroft and Stockport in Greater Manchester. The retailer attributed its expansion to…
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27 OctoberNews
On to open new store in Spitalfields Market
Swiss sports brand On has announced the opening of its second UK store, located in Spitalfields Market in East London. Following the successful launch of the brand’s flagship store on Regent Street, On continues its retail expansion in the UK, driven by remarkable sales growth. Situated at 37 Brushfield St,…
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26 OctoberNews
Today’s news in brief-26/10/23
Majestic Wines has marked a significant milestone by opening two new stores in one week, a feat not accomplished in a decade. The first store, located in Chippenham, was reopened four years after its closure by previous management. The second, the largest in Wales, is the second-largest in the company’s…
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26 OctoberLuxury Goods
Majestic Wine furthers expansion with two new openings
Majestic Wine has furthered its expansion plans after opening two new stores in the same week for the first time in a decade. The wine retailer returned to Chippenham on 24 October, four years after its former store in the town was closed down by previous management. After the group…
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24 OctoberNews
Today’s news in brief-24/10/23
Furniture retailer ScS has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. This acquisition, representing a premium of 66% to the closing price per ScS share in October, has been recommended to shareholders and is expected to be completed in early 2024. Poltronesofà views this as…
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24 OctoberM&A
ScS to be acquired by Italian firm Poltronesofà in £99.4m deal
Furniture retailer ScS has revealed it has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. SCS’s board said the deal, which represents a premium of 66 per cent. to the Closing Price per ScS Share of 169 pence on 23 October 2023, has been recommended to…
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