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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Aug- 2018 -29 AugustClothing & Shoes
YNAP to launch first own-brand footwear collection
Yoox-Net-A-Porter Group (YNAP) has announced that its own-brand label for mens fashion, Mr P., which will launch this September alongside the brand’s first foray into footwear and accessories. YNAP said the Mr P.’s footwear line will provide a range of designs that form the “building blocks of every man’s…
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20 AugustSupermarkets
300 stores ‘could shut’ amid Sainsbury’s Asda merger
The result of the Sainsbury’s Asda merger could see up to 300 stores be forced to close if the merger was to go ahead according to new research. Analysis by The Times, which used modelling techniques used by the Competition and Markets Authority (CMA) and found that up to 300…
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16 AugustAdvice
How the theory of evolution will be the difference-maker for retailers
An estimated 9,500 retail shops are due to close this year and according to The Centre for Retail Research, 20,000 store jobs are set to disappear by 2020 – on top of the 150,000 that have gone since 2016. And that’s just in the UK. Elsewhere in Europe, closures aren’t…
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15 AugustAdvice
Defining the ‘global opportunity’ for retailers
As online spending continues to soar, the opportunities available to merchants are endless. In fact, market research predicts that global digital payments will surpass $3.3 trillion this year alone. The rise of digital wallets and ecosystems is proving to be a game-changing trend for retailers, opening the door to swathes…
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13 AugustAdvice
Going global: Why expanding into new markets isn’t just for the giant brands
Evolving technology continues to make the world a smaller place, and the opportunity for expansion beckons to those daring enough to dip their toes into the global market. However, in many cases, these markets are dominated by major international brands – leaving little room for competition. In the minds of…
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10 AugustHigh Street
Arcadia terminates contract with Chinese partner Shangpin
Philip Green, owner of the Arcadia retail empire, has scrapped an expansion deal with Chinese franchise partner, Shangpin, that would have seen 80 stores open in the country. A spokesperson for Topshop Topman said the groups “have reached a mutual agreement to an early termination”, and have “enjoyed a successful…
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Jul- 2018 -25 JulyHigh Street
Joules continues to defy retail gloom as sales and profits rise
British clothing retailer Joules has continued to defy the high street gloom by reporting double-digit growth in both revenue and profits. In its full-year results ending 27 May Joules posted group revenue of £185.9m, up 18% when compared with the £157m reported the previous year. Group revenue was boosted by…
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23 JulyAdvice
Why Poundworld’s failure to differentiate from other discounters led to high street demise
Poundworld, which is set to disappear from the UK high street by early August 2018, must look to its own failures and in particular its failure to stand out from other discounters. It is easy to assume that the higher supply costs stemming from Brexit, ferocious competition amongst discounters and…
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13 JulyHigh Street
Hobbycraft reports eighth consecutive year of sales growth
Arts and crafts retailer Hobbycraft has reported its eighth consecutive year of sales growth, driven by multi-channel platform expansion. The group’s full year results ending 18 February 2018 saw total revenue increase by 6.4% to £168.5m, and like-for-like store increase by 2.3%. E-commerce retailing also grew by 21.5% and now…
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5 JulyClothing & Shoes
Superdry sees 22% revenue rise, announces ‘special dividend’
Clothing brand Superdry has posted a 22% rise in global brand revenue in its full-year results ending 28 April 2018 and has announced a ‘special dividend’ for the second consecutive year. The fashion chain retailer saw its global brand revenue reach £1.6bn up from £1.3bn in 2017. The company’s retail…
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