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- 2023 -30 JanuarySupermarkets
Lidl pledges to invest £4bn into UK food industry
Lidl has pledged to invest £4bn in British food businesses this year, as it plans to show its continued support for local suppliers. The figure pledged for this year supasses the retailer’s similar plans for 2019, which saw Lidl commit to a five-year £15bn investment in the British food industry.…
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27 JanuaryHigh Street
Store Vacancies fall to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than Q3 and 0.6 percentage points better than the same period last year, according to the latest BRC/LDC monitor. This was the fifth consecutive quarter of falling vacancy rates. All locations…
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20 JanuaryHigh Street
Mamas & Papas appoints new CEO ahead of global expansion
Mamas and Papas, the high street nursery brand, has announced chief operating officer Nathan Williams as its new CEO to lead the company’s next phase of growth, which it said would include expansion into new and existing international markets. Current CEO Mark Saunders, who joined the business three years ago…
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17 JanuaryOnline & Digital
THG lowers profit guidance as it launches new strategy
THG has revealed it now expects its EBITDA to come in between £70m-£80m, down from £100m-130m, due to lower full-year sales outturn. During the full-year period ended 31 December 2022, the online retail group said the guidance comes despite record sales of £2.25bn, boosted by +9.4% increase in THG Beauty…
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11 JanuaryClothing & Shoes
JD Sports ups guidance amid strong Christmas trading
JD Sports has raised its full-year guidance after a “particularly impressive” business performance over the Christmas period, both in stores and online, as retail revenue over the period grew 20%. As a result, JD now expects its profit before tax and exceptional items for the year ending 28 January 2023…
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9 JanuarySupermarkets
Lidl sees sales rise 25% in run up to Christmas
Lidl GB has announced that over 1.3m people shopped with them in the run up to Christmas, as its sales increased 24.5% YOY. The supermarket chain stated that shoppers switched nearly £63m of spending to them from other supermarkets. It revealed product highlights included Christmas Pudding sales increasing 185% YOY…
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Dec- 2022 -20 DecemberSupermarkets
Tesco to open three more GetGo stores with new hybrid format
Tesco has announced a further expansion of its GetGo stores trial, with the first of three already open at Chiswell Street Express. The expansion of the trial – which will include two stores in London and another in Birmingham – will allow more customers to shop and pay without scanning…
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20 DecemberSupermarkets
Morrisons expands partnership with InPost
Morrisons has revealed that it will be expanding its partnership with InPost, which will see the amount of lockers in the supermarkets rise to 390 by the end of January 2023. The partnership, which started in 2014, sees Morrisons currently offering around 290 lockers. The expansion will ensure that nearly…
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19 DecemberClothing & Shoes
Frasers acquires JD Sports’ premium fashion businesses
Frasers Group has announced the acquisition of JD Sports’ premium fashion offering in a deal worth up to £47.5m. The deal will see it acquire its rival interests in 15 fashion brands including Base Childrenswear, Choice, Clothingsites (including Brown Bag Clothing), Cricket, Giulio, Kids Cavern, Missy Empire, Nicholas Deakins, Pretty…
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13 DecemberHigh Street
Pepco to accelerate expansion plans as revenues hit €4.8bn
Poundland owner Pepco has announced that it will accelerate its expansion plans after it posted revenues of €4.8bn (£4bn) for the year ended 30 September 2022. The discount retailer stated that it planned to have a greater focus on new stores in Western Europe and a refit programme in Central…
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