France
This coverage focuses on retail developments in France that are relevant to UK retail professionals, highlighting market trends, store openings and closures, cross-border strategies, leadership moves, and regulatory changes. Reporting provides insights into how French retail dynamics influence and intersect with UK businesses, supporting managers and executives monitoring international opportunities and challenges.
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May- 2019 -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…
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Mar- 2019 -20 MarchDIY
Kingfisher boss to depart amid falling profits
DIY retailer Kingfisher has announced its CEO is to step down on the same day it revealed profits for the year had plummeted 13% to £693m. Veronqiue Laury, who had been overseeing the turnaround plan of the company which owns B&Q and Screwfix, will leave the company although no date…
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19 MarchOnline & Digital
Asos sales jump 13%
Online retailer Asos has reported a 13% increase in total sales on a reported basis, for the three months ending 28 February 2019. Total orders placed during the period increased by 15% to 17.3m year-on-year, and retail gross margin increased by 40 bps. Additionally, the retailer said it continued to…
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Feb- 2019 -25 FebruaryClothing & Shoes
Primark owner reports 4% sales boost for H1 2019
Associated British Foods (AFB), which owns Primark, has announced that sales at the retailer are expected to be 4% ahead of last year for the 24 weeks to 2 March 2019, driven by increased retail selling space. The group said the results will be partially offset by a 2% decline…
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Jan- 2019 -25 JanuaryHealth & Beauty
L’occitane launches same day delivery across UK
French beauty retailer L’occitane has partnered with retail delivery startup On The Dot to launch its same day delivery service proposition ‘Ship From Store’ across the UK. The service has launched in London and there are plans to it extend across the remaining 86 UK stores in early 2019. On…
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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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14 JanuaryEconomy
Richemont Europe blames French ‘social unrest’ for sales slowdown
Swiss retail group, Richemont Europe, has blamed French “yellow vest” protests for a slowdown in its sales. The group, which owns Cartier, Dunhill and Net-A-Porter, said it had seen a 5% rise in total sales for the quarter ending 31 December. Despite the sales figure being in line with analysts…
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Dec- 2018 -12 DecemberM&A
Walmart to acquire online home decor retailer Art.com
US retail group Walmart has announced it is to acquire online home decor retailer, Art.com for an undisclosed sum. The retail group is expected to close the deal next year, which it says will “enhance the customer experience” in the wall art sector. Art.com, which has been running since 1998,…
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Nov- 2018 -13 NovemberHigh Street
B&M posts double-digit sales and profit growth
B&M has announced a double-digit increase in both group revenues and profit before tax in the 26 week period ending 29 September. The discount retailer saw group revenue jump 16% to £1.56bn during the period as profit before tax increased by 32.5% up to £115m compared with the £86.6m recorded…
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8 NovemberClothing & Shoes
‘Unparalleled line up of talent’ brought in for JD Christmas ad
Sportswear retailer JD Sports has brought together an “unparalleled line-up of global talent” as part of its 2018 Christmas campaign. A 40s-style Christmas commercial will make its debut on Friday 9 November, during Emmerdale, and will be rolled out across Channel 4, E4, ITV, Sky Sports and BT Sports. The…
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