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- 2019 -13 FebruarySupermarkets
Co-op to launch first franchise store scheme
The Co-op has announced plans to develop franchise stores, which will be the first time the 175-year-old supermarket has licensed its brand to independent retailers. This expansion programme aims to create a “significant number” of new Co-op branded stores under its franchise offering, on top of its recent announcement to…
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11 FebruaryProperty
Iceland eyeing Sainsbury’s and Asda stores
Iceland is considering a bid for the Sainsbury’s and Asda stores, which were put on the market after the Competition and Markets Authority (CMA) told the retailers that they must cut their stores in order to obtain regulatory clearance for the proposed merger. The supermarket’s CEO Richard Walker, said that…
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Jan- 2019 -31 JanuarySupply Chain
Lidl opens 13th and largest UK distribution centre
Lidl UK has announced the opening of its 13th and largest Regional Distribution Centre (RDC) in Doncaster. The warehouse, which represents a £70m investment in Lidl’s expansion and logistics, will initially provide support to 53 Lidl stores across south Yorkshire, Lincolnshire and the Midlands. Earlier this month, Lidl opened a…
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25 JanuaryHigh Street
Smiggle to hold talks over rent reductions following poor trading experience
Australian stationer, Smiggle, is to hold talks over rent reductions following reports that some stores were not meeting expectations. In 2014, the retailer began a mass expansion in the UK and currently operates 130 stores nationwide. A source close to the retailer told Property Week that it had been “fully…
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17 JanuaryClothing & Shoes
Primark store expansion boosts festive sales
Fashion retailer Primark recorded a 4% increase in sales over the festive period buoyed by the continued expansion of store space. In a trading update for the 16 weeks ending 5 January 2019, its parent company Associated British Foods (AB Foods) said sales growth was driven by increased retail selling…
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4 JanuaryOnline & Digital
Gear4Music issues warning despite 41% sales growth
Gear4Music has issued a warning on profit for 2019 saying it would be “slightly below” last year’s results. The warning comes against the backdrop of a 41% year-on-year sales growth, which has seen sales rise to £48.7m. The group also announced that UK sales had risen by 36% to £25.5m,…
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Dec- 2018 -17 DecemberClothing & Shoes
Laura Ashley to close 40 UK stores as it expands to China
Homeware and clothing retailer, Laura Ashley has announced it is to close 40 UK stores as it expands its Chinese business. Laura Ashley has already closed 40 UK stores since 2015 with owners Malayan United Industries (MUI) planning to reduce its UK presence to 120 stores. The group then wants…
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12 DecemberClothing & Shoes
Superdry mulls store closures as profits drop 49%
Fashion retailer and brand Superdry has issued a profit warning after pre tax profits fell 49% to £12.9m in the 26 weeks to 27 October 2018. Group revenue was up 3.1% to £414.6m in FH19 compared with £402m in the first half of 2018. With regards to its outlook the…
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7 DecemberClothing & Shoes
Primark owner warns ‘trading was challenging’ for November
Primark owner, Associated British Foods has warned that trading for November was “challenging” for the clothing retailer. The group’s chairman, Michael McLintock, will say at its AGM today that a “tough retail market” was to blame for a challenging month. Trading was “in line with expectations” for the first eight…
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6 DecemberHigh Street
Ted Baker launches investigation into CEO ‘hugging’ allegations
Fashion retailer Ted Baker has launched an investigation into harassment allegations against its founder and CEO Ray Kelvin, after reports claimed he hugged workers and kissed their necks and ears. The group has appointed independent law firm Herbert Smith Freehills to conduct an independent external investigation into the reports it…
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