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.
-
Jul- 2019 -2 JulyAnalysis
How to make the most of empty retail spaces
Earlier in this month, The Times reported that the number of vacant shops on UK high streets rose by more than 7,500 last year, fuelled in part by store closures from large retailers such as Mothercare, New Look and House of Fraser. Debenhams then announced that it will downsize at…
Read More » -
Jun- 2019 -14 JuneOnline & Digital
Amazon and Morrisons expand Prime partnership
Online retailer Amazon, has expanded its Prime partnership with supermarket chain Morrisons, moving into five cities later this year. Morrisons at Amazon, is a same day, online home delivery service, currently available to Amazon Prime Now customers in Leeds, Manchester, Birmingham, and parts of London and the home counties. Customers…
Read More » -
13 JuneSupermarkets
Lidl to open first central London store amid £500m expansion
Lidl has announced a £500m expansion plan for London, which will see the grocer open its first store in the West End. The investment is planned for the next five years, and will enable Lidl to open over 40 new outlets in London, including in Alperton, East Acton, Hackbridge and…
Read More » -
11 JuneHigh Street
Ted Baker shares plunge amid fresh profit warning
Fashion retailer Ted Baker has issued its second profit warning this year, and anticipates underlying profit before tax for the year ending 25 January 2020 to be in the range of £50m to £60m. Shares plummeted by nearly 25% in early trading today (11 June), and the retailer said “ongoing”…
Read More » -
6 JuneEconomy
Banking red tape holding back UK retailers abroad
Almost three quarters (71%) of UK retailers would like their businesses to further expand internationally, however most (57%) believe overseas expansion is fraught with risk, according to new research conducted by buy now, pay later service Laybuy. The research, published today (6 June), surveyed over 200 UK retailers and…
Read More » -
May- 2019 -24 MayAnalysis
Pivoting on experience to revive the UK high-street
It’s no secret that it’s a troubling time for the UK high-street. The recent news that Boots might be considering store closures globally following “its most difficult quarter” since the retailer’s formation is the latest brushstroke of a much larger picture. Global Data, the market research firm, points the reason…
Read More » -
23 MaySupermarkets
B&M plans 50 more stores amid profits and sales boost
Discount goods retailer B&M has revealed it is planning on opening another 50 stores this year amid posting an uptick in both sales and profits. For the full-year period ending 30 March B&m said profit before tax increased by 9% to £249.9m and revenues surged 17% to £3.5bn.B&M’s UK stores…
Read More » -
20 MayHigh Street
Co-op and Superdrug agree meal deal partnership
The Co-op has struck a “meal deal” with Superdrug which will see it supply the health and beauty chain with an extensive food-to-go range including sandwiches, salads and fruit. The trial will see Co-op become Superdrug’s food-to-go partner and initially supply its award winning own-brand products to seven branches located…
Read More » -
Apr- 2019 -25 AprilEconomy
74,400 retail jobs lost in first three months of 2019
The retail sector saw a 2.4% year-on-year drop in the number of employees in the first quarter of this year, equating to a loss of 74,400 jobs. According to the British Retail Consortium (BRC), this is a higher reduction than the 2.2% drop seen in 2018. The trade organisation said…
Read More » -
24 AprilClothing & Shoes
Primark HY profits surge 25%
Primark has seen its half-year operating profit jump 25% to £426m during the six months ending 2 March. Primark said the increase reflected “its continued selling space expansion and improved margins, which were driven not only by favourable exchange rates but also by better buying”. Sales at Primark were also…
Read More »