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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Feb- 2020 -14 FebruarySupermarkets
UK food and grocery market set to be worth £174bn by 2024
The UK food and grocery market is set to grow by 15% between 2019 and 2024 to £174.5bn, according to data and analytics company GlobalData. However, the new research from the company suggests that ‘Big Four’ grocers Tesco, Sainsbury’s, Morrisons and ASDA are set to lose out on a further…
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10 FebruaryHigh Street
WH Smith seeking overhaul on rent payment to landlords
WH Smith is reportedly urging its landlords to allow the retailer to delay its rent payments as it looks to improve its cashflow. According to The Sunday Times, the newsagent chain is set to ask landlords to switch from receiving rent payments in advance – which is the current industry…
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6 FebruaryOnline & Digital
OnBuy secures £3m investment
OnBuy announced it has secured a £3m investment from VC fund Fuel Ventures after receiving “numerous investment offers”. The online retailer said the investment would “double” its workforce and sees the group expand into 20 countries, including the US, Canada and Australia by the end of the year. As well…
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Jan- 2020 -27 JanuaryClothing & Shoes
Reiss reports 21% increase in Christmas sales
Fashion retailer Reiss has reported a 21% growth in sales during the seven-week Christmas trading period ending 18 January 2020. Reiss also reported an 18% increase in like-for-like sales with UK like-for-like sales also up 15% during the period and 19% on a statutory basis. Reiss revealed it now has…
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8 JanuaryClothing & Shoes
Shoe Zone profits slip due to ‘government imposed’ cost increases
Shoe Zone has reported a decrease in profits before tax to £9.6m, down from £11.3m the previous year, attributed to “government imposed increases” in its operating costs, primarily through the impact of increasing business rates. For the year ended 5 October 2019, the shoe retailer reported a 0.9% increase in…
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2 JanuaryNews
Co-Operative Food expands through online delivery service
The Co-Operative Group has revealed plans for a “major” online expansion. The company announced its plans to offer same-day delivery service across more than 100 UK cities, expanding its same-day online city-centre deliveries to 650 participating stores. The rollout will also include services from the group’s online shop, which uses…
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Dec- 2019 -20 DecemberLuxury Goods
The White Company profits jump 26% in FY results
The White Company has reported a 26% increase in profits to £14.4m for in its full year results to 3 August 2019. The group also reported a 21% increase to £13.6m for its published group operating profit for the 70 week period, compared with £11.2m last year. Group turnover increased…
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20 DecemberClothing & Shoes
Fiona Firth appointed managing director of Net-a-Porter menswear
Fiona Firth has been appointed as managing director of Mr Porter, the menswear arm of online fashion retailer Net-a-Porter. Firth was buying director of the division since April 2016, where she delivered “exceptional campaigns that have redefined the luxury menswear e-commerce experience”. During her tenure, she has helped launch exclusive…
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19 DecemberHigh Street
WH Smith acquires Marshall Retail Group
WH Smith investors have voted in favour of the group’s acquisition of US retailer Marshall Retail Group. In a general meeting held yesterday (18 December), 99.98% of shareholders voted to acquire the group in a $400m ( £312m) deal on a cash and debt-free basis. The approved move will now…
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9 DecemberSupermarkets
Tesco considers sale of its Asian arm
Tesco is considering the sale of its Malaysian and Thai businesses, the supermarket giant has confirmed. The two businesses have an estimated worth of £6.8bn between them. Tesco released a statement saying that this consideration follows “inbound interest” of the businesses, yet potential buyers are yet to be named. The…
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