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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Sep- 2019 -16 SeptemberSupermarkets
Aldi posts ‘record’ full-year results
Supermarket retailer Aldi has reported an 11% increase in sales to £11.3bn for the financial year ending December 2018. The sales increase amounts to more than £1.1bn of additional revenue and the grocer said the growth was fuelled by over 800,000 more customers shopping with Aldi. It currently operates over…
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12 SeptemberSupermarkets
Morrisons quarterly sales drop for first time since 2016
‘Big Four’ grocer Morrisons has reported a 1.9% drop in like-for-like sales in its Q2 results, compared with the 6.3% increase seen the previous year. For the six months ending 4 August 2019, group like-for-like sales increased by a marginal 0.2%, compared with 4.9% last year, and total revenue grew…
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Aug- 2019 -22 AugustPeople Moves
Ted Baker CFO departs for Mulberry after 17 years
Mulberry, the British luxury brand, has announced the appointment of Charles Anderson to the Company’s board of directors as group finance director, with effect from early October 2019. Anderson replaces Neil Ritchie who, as previously announced, stepped down from the board on 30 June 2019. Anderson has over 20 years’…
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16 AugustClothing & Shoes
Next to replace Debenhams as Ted Baker childrenswear partner
Ted Baker has entered into a product licence agreement with Next to produce and sell its childrenswear collections. Under the agreement, which will run for an initial five-year period starting from 2020, Next will create and sell Ted Baker childrenswear products spanning baby, boys’ and girls’ clothing, shoes and accessories…
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14 AugustComment
Get yourself a captive audience
I happen to know the high-end perfume shop at London St Pancras does a roaring trade. And I would cheerfully bet a week’s perfume shop profits that the next Duty Free you’re in does pretty okay too. If you’re travelling inside the EU the words ‘Duty Free’ haven’t meant a…
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13 AugustHigh Street
Dr Martens profits soar in full-year results
Profits and sales at footwear retailer Dr Martens continued to rise last year, EBITDA for the period soared by 70% to £85m for the year ending 31 March. Group revenue increased by 30% to £454.4m, as the company focused on direct to consumer (DTC) channels, which now accounts for 44%…
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6 AugustAdvice
How to ensure bricks & mortar stores thrive in a shifting marketplace
Gone are the days when brands can get away with being all things to all people. A brand must build equity and position itself correctly to thrive. The three most important factors brands need to bear in mind when navigating a shifting market are: Be relevant – listen and respond…
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1 AugustOnline & Digital
Zalando raises profit forecast amid ‘strongest ever’ Q2
Online retailer Zalando has raised its profit outlook for the second half of the year after it recorded its “strongest ever” Q2 for active customer growth. The company revealed its number of active customers “grew significantly” by 3.7 million (15.2%) year-over-year to 28.3 million across its 17 European markets. In…
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Jul- 2019 -8 JulyAdvice
What’s required for a business in the retail sector to thrive?
Latest figures from the British Retail Consortium (BRC) show that retail sales in the UK fell by 2.7% in May 2019, compared to a year earlier. The total three-month average was also down year-on-year, reflecting the challenging environment for the sector. And yet, despite the shaky exterior, many retail businesses…
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5 JulyClothing & Shoes
Zalando announces plans to build fulfillment center
Zalando has announced it is to build a new £180m fulfillment center in an existing business park near Rotterdam to help cater for its western European customers. The expansion of its logistics network forms part of Zalando’s 2023/24 growth target and aims to expands its customer proposition for customers in…
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