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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Nov- 2018 -7 NovemberSupermarkets
New £45m Co-op distribution centre to create 1,200 jobs
The Co-op has agreed terms for a new £45m distribution depot to support the retailer’s ambitions for continued growth across London, the south and south-east. The new 661,000 sq ft depot, which will be located just off the A1 at Bedfordshire’s Symmetry Park, Biggleswade and is expected to open in…
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6 NovemberHigh Street
Pandora reduces FY expectations amid ‘unsatisfactory Q3’
Pandora has reduced its full-year expectations after experiencing an “unsatisfactory” third quarter in 2018. In Q3 group revenue decreased 3% in local currency due to “timing of shipments, change of inventory levels in the wholesale channel and negative total like-for-like”. Revenue from its estore increased 52% in local currency, up…
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Oct- 2018 -26 OctoberOnline & Digital
Richemont and Alibaba partner to bring Net-a-Porter to China
Richemont, the Swiss luxury goods group, and Alibaba Group has announce a global strategic partnership to bring Yoox Net-A-Porter (YNAP) to Chinese consumers. Under the partnership, YNAP and Alibaba will establish a joint venture to launch two mobile apps for Net-A-Porter and Mr Porter multi-brand, in-season online stores for consumers in China.…
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15 OctoberClothing & Shoes
Shoe Zone defies retail blues to report strong summer performance
Shoe Zone has announced a “strong performance” for the current financial year, seeing its revenue rise by almost 2% for the 52 weeks to 29 September. The shoe retailer also announced profits of £11m which it claims were boosted by a strong performance for its summer and spring ranges and…
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15 OctoberClothing & Shoes
Superdry issues profit warning amid ‘unseasonably hot weather’ affecting sales
Superdry has issued a profit warning after it said “unseasonably hot weather” had impacted its autumn and winter sales. The fashion retailer said it estimated profits to come in £10m lower than previously expected due to the warmer weather in the UK, continental Europe and the east coast of the…
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11 OctoberClothing & Shoes
Levi’s posts double-digit Q3 sales increase
Levi Strauss and Co. has reported a 10% increase in retail sales during the twelve weeks to 26 August, as the fashion retailer delivered its fourth consecutive quarter of revenue growth. Levi’s net revenue for the three-month period was $1.39bn (£1.05bn) up from $1.26bn (£955m) the previous year. The growth…
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10 OctoberComment
How businesses can prepare themselves for trading following a no-deal Brexit
It should come as no surprise that the Government would leave establishing trade strategy within the EU, post-Brexit, up to the individual business. Now that retailers are going to be responsible for determining their own delivery structure, delaying the inevitable will do more harm than good, in an already volatile…
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9 OctoberClothing & Shoes
G-Star Raw to open new UK stores following Portas appointment
Dutch fashion brand, G-Star Raw, is to open four new UK stores in London, Manchester, Watford and Lakeside following the appointment of Portas as its lead strategic agency. The group recently opened a 2,500 sq ft store in Sheffield’s Meadowhall, which became the brand’s first store under its new retail…
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4 OctoberClothing & Shoes
Ted Baker posts profit rise of 3.5%
Ted Baker has posted a 3.5% rise in profits before tax and exceptional items to £25m as it continues to deal with “challenging external trading conditions”. During the six month period ending 11 August, the fashion retailer also saw group revenues increase by 3.5% to £306m up from £295m the…
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Aug- 2018 -31 AugustHigh Street
Coca-Cola to acquire Costa Coffee from Whitbread for £3.9bn
Coca-Cola is to buy the coffee chain Costa from Whitbread in a £3.9bn deal. Whitbread, which acquired the brand in 1995 for £19m when it had only 39 outlets, had intended to spin off the chain as a separate business but the transaction was “unanimously agreed” by the Whitbread board…
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