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.
-
Dec- 2022 -12 DecemberHigh Street
Monsoon sales rise 43% in FY22
Monsoon saw its sales rise 43% to £258m and a strong gross margin performance of 5.3% that helped double the group’s EBITDA to £24.4m, a rise of 132%, for the financial year ended 31 August 2022. The fashion retailer’s results come as its like-for-like sales grew 105%, thanks in part…
Read More » -
9 DecemberClothing & Shoes
Primark to open 10 stores before Christmas
Primark’s parent company Associated British Foods (ABF) has announced that it is set to open 10 new stores before Christmas. As part of its trading update ahead of its AGM, ABF stated that Primark’s trading had been “encouraging” with the retailer set to open 27 new stores in the current…
Read More » -
7 DecemberNews
Inventory planner helps mom-of-three raise America’s fastest growing baby brand
Forget the terrible twos – for most baby and toddler brands, the last five years have been a struggle. More than 3,000 stores that primarily sell baby products and children’s apparel have run into major trouble or permanently closed since 2017, including baby and children’s clothing retailer Gymboree and Babies…
Read More » -
7 DecemberHigh Street
MusicMagpie sees revenues drop to £144.8m
Music Magpie, who specialises in refurbished consumer technology, has announced its full-year revenue for the group will be £144.8m, down from £145.5m in 2021, for the full year ended 30 November 2022. It also revealed that EBITDA will be “in line” with management’s expectations. Net debt at 30 November 2022…
Read More » -
1 DecemberClothing & Shoes
Primark invests €100m into Spanish expansion
Primark has announced an investment of €100m (£86m) in the Spanish market including opening eight new stores and creating 1,000 jobs. The company will spend €80m (£69m) on opening the eight new stores and extending one existing store over the next two years. There are also plans to spend €20m…
Read More » -
Nov- 2022 -25 NovemberPeople Moves
Pepco Group appoints former CEO as chairman
Pepco Group, the parent company of variety discount retailer Poundland in the UK, has announced the appointment of Andy Bond as chairman and Neil Galloway as chief financial officer. Bond, who was the former CEO of the group and led it through its flotation on the Warsaw Stock Exchange, will…
Read More » -
24 NovemberClothing & Shoes
H&M reopens Regent Street flagship following refurb
H&M have reopened its flagship Regent Street store today (24 November), following a refurbishment and additions to the site’s offerings. It is reported that the site now has a “world leading” interior look and feel, as well as new circular and customer services, which includes the fashion retailer’s new clothes…
Read More » -
23 NovemberPeople Moves
The Fragrance Shop appoints Peter Cowgill as first NE chairman
The Fragrance Shop has announced former JD sports boss Peter Cowgill as its first ever non-executive chairman. Cowgill suddenly quit his role at JD in May and will take up this new role with immediate effect. He will work closely with CEO Sanjay Vadera and his leadership team. The appointment…
Read More » -
22 NovemberNews
Leon to more than double self-serve coffee kiosks
Fast-food brand Leon has announced plans to more than double the number of its self-serve coffee kiosks in the UK to over 200 before the end of January. It is mainly planning to do this expansion in EG Group convenience stores and with a large rollout in Asda supermarkets. Four…
Read More » -
18 NovemberClothing & Shoes
Primark continues US expansion with NY store
Primark has continued its US expansion with the opening of its first of three new stores in New York. The retailer has opened a new store in Roosevelt Field in Garden City with a further two sites set to open on Jamaica Avenue in Queens, and City Point in Brooklyn…
Read More »
