Greenwich
This coverage focuses on retail developments, business activity, and commercial trends in Greenwich, offering insights for retailers, managers, and executives operating in or targeting this London area. Reporting covers store openings and closures, local investment projects, consumer behaviour, and leasing activity — helping professionals assess opportunities and challenges within Greenwich’s retail landscape.
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May- 2024 -16 MayLuxury Goods
Watches of Switzerland Q4 sales rise 4%
Watches of Switzerland has seen its group revenues jump 4% up to £380m for the 13 weeks ended 30 April. The company saw its US sales rise 6% to £846m but its UK and Europe sales dropped 5% to £846m “impacted by macroeconomic conditions in the UK”. It has stated…
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Jul- 2023 -11 JulyNews
Waitrose announces partnership with UberEats
Waitrose has announced plans to grow its position in on-demand grocery shopping and the convenience sector with a new multi-year partnership with UberEats. The partnership has now launched on the UberEats platform in five initial London stores, including John Barnes in Finchley Road, West Hampstead, Clerkenwell, St Katharine Docks and…
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Jan- 2022 -18 JanuarySupermarkets
Aldi launches first checkout-free store
Aldi has launched its first checkout-free concept store, Aldi Shop&Go, in London this morning for public testing. After having been tested by Aldi colleagues in recent months, the trial store in Greenwich allows customers to complete their shop without scanning products, or having to go through a checkout. Through the…
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Nov- 2021 -2 NovemberProperty
Landsec to acquire U and I Group for £190m
Landsec has reached an agreement to acquire urban regeneration group U and I for a total of £190m, at a price of 149p per share. The retail landlord said the move would combine U and I’s front-end development capabilities, placemaking skills and portfolio of core regeneration projects with Landsec’s “development…
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Dec- 2019 -11 DecemberHigh Street
Co-op to open 30 new stores in lead up to Christmas
The Co-op has announced plans to open 30 new stores in the run-up to Christmas. An investment of more than £25m will see stores open across the UK throughout November and December, including sites at transport hubs, “key” city locations and residential apartments – creating up to 500 jobs. According…
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Nov- 2019 -7 NovemberDIY
Ikea UK sales top £2bn in 2019
Furniture retailer Ikea has announced that total annual sales in the UK have soared by 8% to £2.1bn for the year ended 31 August 2019. The retail giant said it has continued to “outperform” the market in home furnishings, with an increase to 9% in the company’s UK market share,…
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Jan- 2019 -3 JanuarySupermarkets
Co-op to open 100 new stores in 2019
The Co-op has announced it will open 100 new food stores during 2019 as part of a £200m store investment programme. The retailer said the combined £200m store investment programme could lead to around 1,500 new local jobs, and added that in addition to the openings, it will also provide…
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Sep- 2018 -20 SeptemberClothing & Shoes
Cath Kidston clarifies store review reports
Cath Kidston has clarified reports that it is to undergo a formal portfolio review and instead said that it is reviewing individual branches as leases come up for renewal. The fashion retailer, which has 65 stores across the UK, stressed it is looking to move stores where leases are coming…
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