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- 2020 -30 JulyEntertainment
Game sells Belong arenas to Vindex in $50m deal
Mike Ashley’s Game Digital has revealed it is set to sell its Beyond Esports gaming arenas to US-based start-up Vindex in a deal worth $50m (£38.5m). The deal sees Vindex acquire the Belong Gaming Arenas brand and all associated IP from the largest video games retailer in the UK and…
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22 JulyCoronavirus
Turn high streets into housing hubs, says think-tank
High street units left unoccupied in the wake of the pandemic should be converted into “hundreds of thousands” of new homes, a think-tank has argued. According to the Social Market Foundation, the collapse of traditional high street shopping is “inevitable”, and the government must now “focus less on slowing that…
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15 JulySupermarkets
Aldi doubles Deliveroo trial size
Aldi is extending its current trial with Deliveroo into 11 new stores, including five more in London and launching in Greater Manchester and Cambridge for the first time. The extension more than doubles the number of stores currently running the trial partnership after eight stores in Nottinghamshire introduced the Deliveroo…
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9 JulyOnline & Digital
OnBuy preps for global expansion
OnBuy has announced it will launch globally this summer, after securing a £5m investment. It comes as the online marketplace said it has seen “record sales” increase by 1100% in the past year, and now expects to be turning over £2bn in sales by 2024. The retailer said it will…
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Jun- 2020 -30 JuneHealth & Beauty
Coty purchases 20% stake in KKW Beauty
Cosmetics and beauty company Coty has announced it has purchased a 20% stake in Kim Kardashian West’s KKW Beauty brand for $200m (£162 million). Kardashian West began her beauty range three years ago and the stake has been purchased off a brand valuation of $1bn (£813m). Earlier this year, Coty…
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30 JuneNews
Waitrose to create 800 jobs with third online warehouse
Waitrose has unveiled its plans to open a third online fulfilment centre, which will see its online order slots in London quadruple. The centre, based in Greenford, West London, will create 800 jobs in the local area, and “significantly” increase the availability of delivery slots for customers in and around…
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17 JuneCoronavirus
Forever 21 re-enters UK market with new online store
Forever 21 has re-entered the UK market following its administration last year, with the launch of a new online store. The US-based retailer has launched a new UK online store to service its British consumers with the full international assortment, an “improved” site and localised e-commerce experience. The brand is…
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11 JuneComment
Retail experience will never be the same
While COVID-19 has had a devastating impact on the UK’s retail sector, it should not come as a surprise to see the high street in peril. Even prior to the outbreak, retailers had endured a torrid twelve months – a poor Christmas period had led into a traditionally weaker opening…
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3 JuneSport & Leisure
Angling Direct reports £1.5m net loss in FY results
Fishing tackle and equipment retailer Angling Direct has reported net losses of £1.5m in its full-year results, attributing the decline to “adverse” post-Christmas trading due to “exceptional flooding”. For the year ended 31 January 2020, the retailer also reported EBITDA losses (pre IFRS 16) of £500,000 compared with £300,000 in…
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May- 2020 -20 MayCoronavirus
Deliveroo expands partnership with Majestic Wines to 80 locations
Deliveroo and Majestic Wines has announced the expansion of its delivery partnership to cover 80 UK sites across the UK, alongside an expanded range on offer. Majestic Wines has unveiled a specially curated range of more than 50 wines, champagnes and spirits, available to order on the Deliveroo app. The…
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