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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Nov- 2020 -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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Oct- 2020 -23 OctoberClothing & Shoes
Gap considers closure of all European stores
Gap has launched a strategic review for its European business that may result in the possible closures of company-operated stores in the UK, France, Ireland and Italy at the end of Q2 2021. In addition, it is reviewing its warehouse and distribution model, as well as its Gap and Banana…
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13 OctoberNews
UK Flooring Direct continues ‘rapid’ expansion
UK Flooring Direct has opened a new warehouse and offices following the continued positive performance of the business throughout lockdown. The online flooring retailer announced it has moved to a 54,000 sq ft unit on Prologis Park in Coventry. The relocation is part of the firm’s plan to see 70…
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9 OctoberCoronavirus
Gov to cover 67% of wages for firms forced to shut
Chancellor Rishi Sunak has announced that businesses forced to shut due to local restrictions will be eligible for a grant that pays two-thirds of staff salaries. The government will pay two-thirds, or 67%, of each employee’s salary, up to a maximum of £2,100 a month, if the business is forced…
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Aug- 2020 -20 AugustOnline & Digital
Amazon and Morrisons launch delivery service
Amazon and Morrisons have stepped up their partnership with the online retailer now offering a full product service from the grocer. Following an installation of a Morrisons platform on its main site, Prime customers will now be able to do a full Morrisons food shop on Amazon.co.uk and receive free…
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19 AugustSupermarkets
Asda delivers ‘record’ online sales in Q2
Asda has announced that like-for-like sales, excluding fuel, increased by 3.8% year-on-year in the quarter ended 30 June. In its second quarter of trading, the supermarket also delivered “record” online sales, with online grocery sales doubling, while click-and-collect sales quadrupled in the period. According to the group, transactional data shows…
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10 AugustHigh Street
Baird Group launches CVA proposal
Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group. The group, whose portfolio includes Ben Sherman and Suit Direct, worked with KPMG’s Restructuring practice to review “all options” available to address the challenges presented by the pandemic. As a…
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10 AugustSupermarkets
Lidl opens 100th London store
Discount supermarket Lidl GB has opened its 100th London store in Beckton. The retailer also revealed plans to open 30 new stores in the capital by the end of 2023 creating around 1,400 jobs, helping to meet demand in London locations. Lidl GB CEO, Christian Härtnagel, said: “Our 100th store…
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7 AugustTips
What Is Amazon Fresh and how will It affect UK supermarkets
Certain sectors of the online retail industry are currently experiencing rapid growth, particularly because of the convenience and safety that internet-based shopping offers in the time of a global pandemic. For example, food delivery businesses, which were already growing in popularity over the last few years, are now enjoying even…
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