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- 2021 -8 JanuaryCoronavirus
Covid restrictions lead to first negative LFL sales in December
Despite a strong start to the month, retailers recorded a disappointing end to the Golden Quarter thanks to heightened Covid restrictions and expanding lockdowns, new figures by accountancy and business advisory firm BDO LLP reveal. According to BDO’s High Street Sales Tracker (HSST), total like-for-like (LFL) sales, combined in-store and…
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7 JanuaryClothing & Shoes
Wolverine World Wide appoints president of global operations group
Wolverine World Wide has announced the appointment of Jim Zwiers as president of the global operations group, succeeding Mike Jeppeson. Founded in 1883, Wolverine World Wide has been a provider of branded, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel around the world. Zwiers will concurrently…
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6 JanuaryHealth & Beauty
Coty acquires interest in KKW beauty
Coty has announced the completed acquisition of a 20% ownership interest in Kim Kardashian West’s beauty business for $200m (£146m). The acquisition was first announced in June 2020 and completed on schedule in Q3 fiscal year 2021. Coty and Kardashian West said they will focus on entering new beauty categories…
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5 JanuarySupermarkets
Aldi sales reach ‘record’ high over Christmas
Aldi has reported “record high” Christmas sales for over the Christmas period due to a spike in demand for premium products. Sales increased year-on-year by 10.6% over the holiday period, with the supermarket also seeing strong growth in its online Wine and Specialbuy offering, as sales increased by 75% from…
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Dec- 2020 -23 DecemberNews
L Brands announces new president and chief HR officer
L Brands has announced new leadership appointments at Bath and Body Works which includes Julie Rosen as president and Deon Riley as chief human resources officer. Rosen and Riley will reportedly work under the leadership of Andrew Meslow, CEO of both L Brands and Bath and Body Works. Rosen will…
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2 DecemberDepartment Stores
John Lewis halts international business plans
John Lewis has announced that it is shutting its international business operations only weeks before Christmas, according to The Times. The department store chain is believed to have decided that its international business is too expensive and will stop taking new orders from 9 December. The decision is said to…
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Nov- 2020 -30 NovemberClothing & Shoes
Yoox Net-A-Porter appoints new CEO
Yoox Net-A-Porter group has announced the appointment of Geoffroy Lefebvre as CEO, a position which will take effect from 4 January 2021. Federico Marchetti will reportedly remain chairman of the group to “ensure a successful transition”, whilst Lefebvre operates as the group digital distribution director at Richemont. Johann Rupert, chairman…
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20 NovemberSupermarkets
Aldi expands delivery trial to 130 stores
Aldi has announced it is expanding its on-demand delivery trial with Deliveroo to 130 stores across the UK, with the service set to now be available in Scotland and Wales. Last month, the supermarket chain confirmed it had expanded the trial to 42 stores, including sites in Bristol and Liverpool.…
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10 NovemberLuxury Goods
Former Godiva CEO acquires Artisan du Chocolat
Artisan du Chocolat has announced the sale of a majority stake to Mohamed Elsarky, the former president and CEO of Godiva. Elsarky was responsible for the expansion of Godiva as a “luxury prestige retailer” of Belgian chocolates, and seeks to do the same for Artisan du Chocolat’s brand. He will…
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4 NovemberLuxury Goods
Fortnum and Mason names new CEO
Fortnum and Mason has named Tom Athron as its new CEO, replacing Ewan Venters in the role. Prior to his appointment, Athron had held the position of chief operating officer at Matchesfashion since May 2018, and previously held a variety of roles at John Lewis Partnership, where he later acted…
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