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- 2022 -11 JanuaryFeatures
Diversification – the pandemic lifeline
Business diversification is not a novel notion. Renowned e-commerce website Amazon is said to be one of the early companies that diversified its offerings, transitioning from a marketplace of reading material to the commercial giant it is now. The eruption of coronavirus demanded more innovation from businesses. Many firms across…
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Dec- 2021 -22 DecemberClothing & Shoes
Maje welcomes new CEO
SMCP, the parent company of Sandro, Maje, Claudie Pierlot and Fursac, has announced the appointment of Charlotte Tasset Ferrec as chief executive officer of Maje, with effect from January 4, 2022. The move follows the appointment of Isabelle Guichot as chief executive officer of SMCP. Tasset Ferrec, 48, joins Maje…
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14 DecemberHigh Street
New store openings boost Poundland sales
Poundland owner the Pepco Group has announced that earnings soared by 46% to €647m (£552m) in the full-year ended 30 September 2021, as the group reaped the benefits of new store openings over the period. In its latest full-year results, the budget retailer announced that group revenue was also up,…
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10 DecemberNews
Urban Outfitters strengthens board of directors
Urban Outfitters, a lifestyle products and services company which operates a portfolio of global consumer brands, has announced the expansion of its board with the appointment of Kelly Campbell as a director, effective 7 December 2021. It revealed the addition of Campbell further bolsters the digital marketing expertise that resides…
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8 DecemberSupermarkets
McColl’s FY profit to be hit by supply chain issues
McColl’s has warned that profits could be between £20m and £22m in the full-year ended 28 November 2021, down from £29.1m in FY20, as the group blamed the impact of the pandemic and supply chain issues on its FY21 performance. In light of the disruption over the period, the retailer…
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8 DecemberDepartment Stores
JYSK welcomes ‘record’ FY21 profits in UK&I
Danish furniture and home furnishings brand JYSK has announced record results in the UK Ireland during the financial year 2020/2021, with total sales reaching €68.9m (£58.7m), an increase of 67% on previous year. Despite what the company called a “challenging end to 2020 and start to 2021”, 1.1 million customers…
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1 DecemberClothing & Shoes
JD Sports welcomes new board director
JD Sports has confirmed that Mahbobeh Sabetnia has joined the retailer’s board as a non-executive director. It comes as Heather Jackson has stepped down from her position as non-executive director after more than six years on its board, with effect from yesterday (29 November 2021). The group described Sabetnia as…
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Nov- 2021 -25 NovemberHealth & Beauty
Revolution Beauty eyes US expansion despite losses widening
Revolution Beauty has revealed plans to expand its presence in the US market, despite seeing its H1 losses widen to £15.2m on the back of rising costs. The beauty retailer revealed the loss for the six month period ending 31 August came despite group revenues surging 39% to £78.6m. It…
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18 NovemberHigh Street
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK. He is joined by Mike Rhydderch,…
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12 NovemberPeople Moves
In The Style names new CEO
In The Style has announced the appointment of Sam Perkins as the group’s new CEO, effective 17 January. It comes as Adam Frisby, the founder and CEO of the Group, has taken the decision to become chief brand officer, a newly created role with responsibility for developing the group’s influencer…
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