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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Apr- 2019 -11 AprilHigh Street
Quiz revenues fall short of expectations
Omni-channel fashion brand Quiz has reported a 12% increase in revenues to £130.9m for the financial year ending 31 March 2019. However, the final result is lower than the Quiz board had previously anticipated, after announcing that its target for FY 2019 would be approximately £133m. This was adjusted to…
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11 AprilPeople Moves
Ted Baker appoints Lindsey Page as new CEO
Ted Baker has appointed Lindsay Page as the company’s new CEO, following the announcement the investigation into former CEO Ray Kelvin’s conduct had concluded. The fashion retailer’s board revealed, in light of Kelvin’s resignation with immediate effect on 4 March 2019, the conclusions and recommendations of the investigation carried out…
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4 AprilAnalysis
Securing the future of the UK high street
UK High Streets have reached a ‘tipping point’. That was the view of a recently published parliamentary inquiry report on UK high streets. The shift to online sales (now accounting for 20% of all retail sales); the upward revaluation of business rates, previous planning policies; and local authority financing constraints…
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3 AprilDIY
Topps Tiles paves way to recovery after 2018 profit fall
Topps Tiles has announced it has seen its revenues remain flat for the six months leading up to 30 March 2019, as it looks to recover from a profit fall in 2018. When announcing its first half results in November 2018, the tile retailer said it was stockpiling supplies ahead…
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Mar- 2019 -13 MarchSupermarkets
£2.4m Moran’s Retail overhaul to create 30 jobs
Northern Irish grocery store chain, Moray’s Retail has announced it is to overhaul three stores creating 30 new jobs. The retailer will redevelop outlets in Derry, Coleraine and Ballykelly, creating jobs in catering, management, retail and admin. Along with redevelopment work, the retailer will also open a new state-of-the-art store…
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13 MarchAdvice
Reimagining the retail bridge between online and offline shopping
The rise of retail giants like Amazon is a widely documented trend with many digital, built-in-the-cloud market entrants having overtaken and displaced the entrenched high street brands we’ve loved and are now losing. However, as more bricks-and-mortar retailers expand their e-commerce offerings and online giants increasingly begin to physically ‘set…
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8 MarchClothing & Shoes
Primark to move 220 roles to Dublin
Primark has announced it will be moving its product operations from Reading to Dublin with 220 staff being told they can either agree to relocate or risk redundancy. The buying, sourcing, quality control, design and merchandising operations departments are currently split between the two cities but the retailer wants to…
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6 MarchClothing & Shoes
Jack Wills hit by £7.5m loss
Fashion retailer Jack Wills suffered an EBITDA loss of £7.5m for the full year to 28 January 2018 compared with £6.3m profit in the previous year. The company’s turnover dropped by 1.1% for the year to £129.3m down from 2017’s figure of £130.8m. Jack Wills attributed this to a “challenging…
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1 MarchOnline & Digital
Farfetch and JD.com expand partnership with Toplife merger
Farfetch, the technology platform for the luxury fashion industry, has announced the expansion of their strategic partnership with JD.com in order to create the “premier luxury gateway to China” for luxury brands. Under the agreement, JD.com’s Toplife will merge into Farfetch China while Farfetch’s 3,000 luxury brands will be made…
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Feb- 2019 -25 FebruaryClothing & Shoes
Jack Wills to sell four stores in order to cut costs
Fashion retailer, Jack Wills is to sell four stores in order to make up for a store expansion which saw it increase its stores by a quarter, despite the fact it was making an underlying loss of £11m in 2017. Jack Wills is looking to assign leases to new tenants…
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