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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Jul- 2022 -11 JulyClothing & Shoes
Levi Strauss & CO revenues jump 15% to £1.25bn
Levi Strauss and Co has revealed its net revenues climbed 15% to $1.5bn (£1.25bn) in its second quarter after global direct-to-consumer sales rose by 16%. In the three month period ended 26 May, the group also reported strong growth in its company-operated store sales which increased by 23%. The second…
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11 JulyHigh Street
Wren Kitchens launches apprenticeship programme amid expansion plans
Kitchen retailer Wren Kitchens has announced it is expanding its apprenticeship programme into the customer service sector to bolster its expansion plans. It comes as Wren has invested £120m into a hi-tech manufacturing facility in Barton-upon-Humber which stands at 1.3 million sq.ft. The retailer said it hopes this will “unlock…
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6 JulyEconomy
Chapel Down H1 revenues meet expectations amid expansion plans
Chapel Down, an English wine maker based near Tenterden, Kent, has reported its H1 revenues met management expectations as it is on course to double in size over the next five years. Chapel Down said the outlook for the rest of 2022 remains “positive” and expects margins to improve “resulting…
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6 JulyOnline & Digital
Mattress Online announces key hires and warehouse expansion
Mattress Online has announced the appointment of a general operations manager, as well as a content strategist and e-commerce marketing manager as it recently revealed new warehousing space at its Rotherham headquarters. Alison Straw has joined as general operations manager after 10 years at global hearing solutions firm, Med-El .…
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5 JulyEconomy
Over one in five SMEs unable to access external finance, research finds
New research commissioned by Manx Financial Group has revealed that more than one in five (22%) small and medium sized enterprises (SMEs) that reportedly needed external finance over the last couple of years were unable to access it, while over a quarter (27%) have had to stop or pause an…
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4 JulyNews
St. Eval receives Queen’s Award from Lord Lieutenant of Cornwall at factory opening
St. Eval’s Queen’s Award for Enterprise in Sustainable Development was conferred upon the team at this factory opening, presided over by the Lord Lieutenant of Cornwall and the Chairman of the Council and presented to owner and creative visionary Sarah Young-Jamieson. Being awarded a Queen’s Award for Enterprise in Sustainable…
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Jun- 2022 -30 JuneSupermarkets
Poundland to expands £1 range in response to inflation
Poundland has confirmed its intentions to reset 850-plus stores and expand the products it sells for £1 in response to rising inflation. According to new figures released last week, inflation has hit 9.1%, the highest rate in 40 years. As a result, Poundland said it would be “leaning more heavily…
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30 JuneClothing & Shoes
Unbound unveils 14 partner brands for platform launch
The Unbound Group has announced the launch of its multi-brand platform to offer a “broader” range of new partner brands and complementary own-brand products, starting from 28 July 2022 through to October 2022. The group is initially launching its partner brand offering within apparel and specialist footwear categories. Unbound will…
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28 JunePeople Moves
John Lewis bolsters finance team amid £50m investment
John Lewis Finance has appointed Paul Dawson to the newly created role of product director and Alison Verlander as the chief risk officer, in a bid to help lead the company’s expansion into new financial products and services. The announcement comes as John Lewis revealed it is investing over £50m…
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28 JuneHigh Street
Retail space provider Sook continues UK expansion
Flexible retail pop-up space provider Sook has announced new partnerships with Hammerson and Rivington Hark, which will see the retail operator open three new spaces this summer in new UK locations. The firm said its rapid expansion is a result of a “high customer demand for flexible retail space as…
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