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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Aug- 2022 -12 AugustClothing & Shoes
Topshop founder Sir Ralph Halpbern dies aged 83
Sir Ralph Halpern, the founder of Topshop who was described as a driving force behind British retail in the 1970s and 1980s, has died at the age of 83. Halpern began his career as a trainee at Selfridges, and would later go on to become “one of the most high-profile…
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11 AugustOnline & Digital
Mattress Online to open first fully branded site in Sheffield
Mattress Online is set to open its first fully branded store as part of its plans to expand into bricks and mortar trading. Having acquired the Skipton Bed and Sofa Centre earlier this year, the group has now added the site of Sheffield bed outlet, Eades and Co, to its…
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Jul- 2022 -26 JulyComment
How physical stores can ensure they are refit for the future
The events of the past couple of years have accelerated the pace of change in the retail industry. Retailers have simultaneously had to react quickly to events out of their control, while also embracing the ongoing trends that were clear even before the pandemic hit. The role of the physical…
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21 JulySupermarkets
Aldi to create thousands of jobs in logistics
Aldi has announced its plans to create around 1,000 logistics roles across the UK over the next 12 months. The news comes as the company looks to expand its distribution, transport and maintenance teams at its 11 Regional Distribution Centres nationwide. The new logistical roles will include both full-time and…
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21 JulyNews
Frasers Group swings to profit but warns of economic headwinds
Frasers Group has reported a “record-breaking” year with pre-tax profits surging to £344.8m in FY22, up from a loss of £39.9m in FY21, despite “significant” economic headwinds and challenges across the sector. Group revenues also increased 30.9% year-on-year from £3.62bn to £4.74bn, as the company recovers from Covid-19. However, Frasers…
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21 JulyClothing & Shoes
Gym & Coffee raises €17m from Castlegate to fund UK expansion
Athleisure brand Gym and Coffee has revealed it has secured €17m (£14.5m) in new funding led by Castlegate Investments, with additional funding from West.Ventures, a Palo Alto, CA investment and marketing firm. It said the latest investment will allow Gym and Coffee to propel its growth into new markets like…
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21 JulyPeople Moves
Primark owner appoints new finance director
Associated British Foods plc has announced the appointment of Eoin Tonge as the company’s next finance director. Tonge will succeed John Bason who will be retiring as finance director and will be stepping down from the ABF Board. It is reported that Tonge will join the business no later than…
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20 JulyOnline & Digital
Amazon UK pays £648m in tax as revenues surpass £23bn
Amazon UK has revealed it paid £648m in directly incurred taxes last year as its revenues surpassed £23bn. As part of an update of its economic impact on the UK economy in 2021, Amazon also revealed that this figure has increased by almost a third in the past year from…
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19 JulyHigh Street
In The Style profits soar 22%
In The Style Group has revealed its gross profit grew 22% to £25.2m for the year ended 31 March 2022, compared to £20.6m in 2021. Meanwhile group revenues increased by 28% to £57.3m, and direct-to-consumer revenue grew by 23% to £44.7m. The company said its revenue growth was driven by…
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14 JulyNews
Pepco Q3 revenues jump 17.4% amid expansion plans
Pepco Group has reported its group revenues increased 17.4% year-on-year to €1.21bn (£1.02bn) for the third financial quarter ending 30 June 2022 (Q3), as sales increased 4.9%. Pepco said its accelerated store expansion programme was the group’s single biggest driver of value creation, and the company is on track to…
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