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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Oct- 2018 -24 OctoberHigh Street
B&M acquires French discount retailer Paminvest SAS
B&M has announced the acquisition of French firm Paminvest SAS, a discount retail group operating 95 stores under the trading name Babou. The deal was made through B&M’s subsidiary, EV Retail Limited, and totalled €91m (£80m) including the debt of the Babou refinanced by B&M. For the year ending 31…
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15 OctoberAdvice
Why the retail industry needs Extended Producer Responsibility
Waste as a resource remains a hot topic in the news agenda. Consumers are becoming more concerned about the future of our environment, which has resulted in the government introducing a number of new policies to ensure we’re all working towards a more sustainable future. Mattresses are a particular recycling…
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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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1 OctoberAdvice
Online retailers and the battle for e-commerce customer experience
The digital experience is becoming increasingly integral to the retail industry, and with the holiday period on the horizon, it’s particularly essential for retailers to ensure a smooth customer journey. Online retail success during the peak traffic season can depend on the ability to monitor cloud-based components, from (Domain Name…
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Sep- 2018 -27 SeptemberEconomy
New research shows majority of British people will buy local this Christmas
New research into Christmas online shopping has revealed that British people are increasingly buying from home-grown brands. The research, from CJ Affiliate’s Holiday Intelligence Report, showed that Christmas shopping in recent years has seen cross-border shopping volumes peak around the world, except in Britain. UK cross-border retail sales over the…
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19 SeptemberDIY
B&Q owner Kingfisher sees 15% profit slump with H1 results
Kingfisher, which owns DIY retailers B&Q and Screwfix, has reported a 14.8% drop in H1 pre-tax profits, dragged down by “significant weaknesses” with its French operations. Underlying pre-tax profit dropped to £375m in the six months to 31 July 2018, compared with £440m the previous year, and total sales remained…
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18 SeptemberClothing & Shoes
H&M posts 9% sales increase
H&M’s group sales have increased by 9% according to the fashion chain’s Q3 financial update. Performance exceeded analysts’ expectations, resulting in the company’s highest share increase in 17 years. The firm attributed to the results to investment in its online offerings and logistics systems. Investors rallied to what seemed to…
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5 SeptemberHigh Street
Inditex to sell all its brands online worldwide by 2020
Inditex, the Spanish parent company behind brands such as Zara and Pull&Bear, has announced that it will sell products from all of its brands online around the world by 2020, even in countries where it doesn’t have stores. Pablo Isla, Inditex chairman and CEO, made the announcement during a…
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Aug- 2018 -29 AugustComment
What is nudging, and how can it boost sales?
It’s been a decade since the book Nudge was published and the term ‘nudging’ became a useful verb in the vocabularies of behavioural economists, psychologists and policymakers alike. A ‘nudge’ is a term used to describe any change in the environment which steers an individual’s behaviour in a predictable way…
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16 AugustDIY
B&Q owner Kingfisher records Q2 revenue boost thanks to warm weather
Kingfisher, the owner of B&Q and Screwfix, has posted a 1.6% increase in revenue during the three months ending 31 July. The increase was driven by a 3.6% increase in revenue at B&Q’s UK and RoI stores which Kingfisher said benefitted from sales in “weather-related categories”. Screwfix reported a…
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