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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Mar- 2025 -24 MarchFeatures
Lessons from Forever 21’s decline
The collapse of once-iconic brands like Forever 21 serve as a stark warning for fast fashion retailers globally. Having filed for bankruptcy for the second time in the US, the news highlighted Forever 21’s failure to adapt to the needs of its customers, take note of its competitors and move…
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19 MarchClothing & Shoes
Office sees profits top £100m amid improved trading and new stores
Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions and expanded its store estate. According to its latest accounts filed with Companies House, its revenues for the 52-weeks ended 30 June 2024 increased to £294.3m, up from £265.4m the…
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19 MarchDepartment Stores
Debenhams Group launches new credit payment option
Debenhams has unveiled DebenhamsPay+, a new credit payment option designed to give customers control over how they shop and pay. Following a successful trial since January, through DebenhamsPay+ customers can now pay in monthly interest-free instalments on orders of £15 or more. In addition, a new option, Flex It, provides…
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17 MarchNews-In-Brief
Today’s news in brief-17/3/25
Fenwick, the family-owned retailer, is facing significant financial challenges, with pre-tax losses widening to £38.1m in the year to January 2024, up from £28.4m the previous year. The company has been operating at a loss for six years due to high inflation, increased costs, and tough market conditions. Despite efforts…
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17 MarchSupermarkets
Sainsbury’s CEO confident amid intensifying competition
Sainsbury’s CEO, Simon Roberts, has acknowledged the rising competition in the supermarket sector following Asda’s decision to cut prices but remains confident in his company’s ability to stay ahead, according to The Times. His remarks follow a 7.8% drop in Sainsbury’s shares, wiping out £487m in value after Asda’s pricing…
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12 MarchNews-In-Brief
Today’s news in brief-12/3/25
Inditex, the parent company of Zara, reported a strong financial performance for FY24, with sales rising by 10.5% to €38.6bn and profit-before-tax increasing by 10.3% to €7.6bn. The company achieved these results with 2.0% more commercial space and 2.3% fewer stores compared to 2023, reflecting its ongoing store optimization and…
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12 MarchHigh Street
ProCook appoints new retail director
ProCook has announced the appointment of Joe Pennington as its new retail director. In the past Pennington has held key roles at renowned brands such as Ralph Lauren, Topshop/Topman, White Stuff, and most recently has spent the last eight years with Charles Tyrwhitt. In these previous roles he was said…
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11 MarchClothing & Shoes
Mango turnover tops €3.3bn in 2024 amid record investment
Mango has hailed its “excellent” full-year results after turnover rose by 7.6% to €3.3bn (£2.8bn) in 2024, while net profit soared by 27% to €219m (£184m), in what the group has called the “best moment of its history” amid record investment. Over the period, full-year EBITDA rose by 19% to…
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7 MarchNews-In-Brief
Today’s news in brief-7/3/25
Walgreens Boots Alliance (WBA) has agreed to be acquired by private equity firm Sycamore Partners in a deal worth £23.7bn. The transaction is expected to close in late 2025 and will see WBA become a private company, delisting from Nasdaq.WBA shareholders will receive $11.45 per share in cash, with potential…
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7 MarchHigh Street
HMV halts UK expansion amid rising wage costs
HMV has halted its UK expansion in anticipation of the rising wage costs due to commence next month, and will open stores in Ireland and Belgium instead, The Guardian has reported. According to managing director Phil Halliday, HMV had ambitions to open as many as 10 additional stores in the…
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