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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Nov- 2022 -17 NovemberHigh Street
Uniqlo to open Covent Garden store
Uniqlo has announced it will open a new store in Covent Garden as it continues its expansion across the UK. The Covent Garden site will be its 17th store opening in the UK, following the Battersea Power Station store last month. It is located with entrances on Long Acre and…
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16 NovemberHigh Street
Alpha Tauri enters UK market with London flagship
AlphaTauri, the fashion retailer owned by Red Bull, has continued its global expansion plans with the opening of a London flagship store in Knightsbridge. It is its first fully-owned store in Britain and marks the company’s entry into British brick-and-mortar retail. The 326m2 store on Brompton Road showcases the latest…
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11 NovemberClothing & Shoes
Ralph Lauren welcomes ‘better than expected’ Q2
Ralph Lauren has welcomed “better than expected” trading in Q2, as revenues grew by 5% to $1.6bn (£1.36bn) over the period despite macro-economic pressures. The luxury fashion brand delivered “strong” revenue growth in both its Core business, up mid-teens to last year, and high-potential categories, including Women’s, Outerwear and Home,…
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7 NovemberClothing & Shoes
Mamas & Papas revenues jump 17% in H1
Mamas and Papas has reported that its revenues grew 17% in the six months to September, with the group’s continued expansion of its UK retail space driving “strong” sales growth despite a challenging environment for consumers. The group posted sales of £126m in its last full financial year ended 27…
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Oct- 2022 -27 OctoberNews
Passenger named one of the UK’s fastest growing online companies
Outdoor clothing brand Passenger is gearing up for global expansion as it named one of the UK’s fastest growing online companies. The New Forest company – which plants a tree for every order sold – has seen sales more than quadruple from 2019 to £11 million in 2021 as, driven…
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14 OctoberClothing & Shoes
Mango to open three new UK stores
Mango, the European fashion group, is accelerating its expansion in the UK with the opening of three new stores this autumn to bring the total to almost 50 by 2022, combining its physical presence in shopping centres with standalone stores and corners in department stores. After opening in September at…
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12 OctoberHigh Street
Poundland owner sees revenues rise 17.4% in FY22
Pepco Group, the parent company of Poundland, has revealed an increase in the group’s full year revenues of 17.4% on a constant currency basis to €4.8bn (£4.2bn) for the financial year ending 30 September 2022. Poundland experienced a “strong” like-for-like full-year growth of 5.2%, as the discount goods brand increased…
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5 OctoberSupermarkets
Lidl GB to recruit over 1,000 roles
Lidl GB has revealed it will be recruiting for over 1,000 new hourly paid roles over the next five months. The roles will span across stores and warehouses and include customer assistants, cleaners and warehouse operatives. It said new recruits will earn a minimum of £10.90 an hour outside of…
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5 OctoberDIY
Topps Tiles hails ‘record’ FY22 sales
Topps Tiles has revealed its sales for the 52-week period ended 1 October 2022 (FY22) hit £247.3m, marking a second consecutive “record” year of turnover, with year-on-year sales growth of 10.6%. Group sales in the 13 weeks to 1 October (Q4) also increased 4.3% year-on-year, and average weekly sales per…
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Sep- 2022 -27 SeptemberAnalysis
Could Selfridges succeed where others have failed?
UK high streets have been on the decline for many years now, having lost 83% of all department stores nationwide in the past five years alone. Unsurprisingly, the departure of these businesses has left gaps in trade within high streets. It was reported that 50 shops a day closed their…
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