Holland and Barrett
This coverage focuses on Holland and Barrett’s position in the UK retail market, reporting on its store network, product strategy, marketing initiatives, executive changes, and financial performance. With attention to health and wellness retail trends, the reporting supports professionals interested in how the brand evolves its offering, manages operations, and responds to consumer demand in a competitive sector.
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Jul- 2024 -22 JulyHealth & Beauty
Holland and Barrett unveils first London ‘H&Bean’ cafe
UK-based wellness retailer Holland and Barrett has started trialling its first London-based H&Bean cafe concessions at its Victoria Street street store. The news comes after the group trialled the takeaway service at its flagship store in Birmingham in November. The new H&Bean cafe concession will offer a brand-new range of…
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11 JulyNews
Today’s news in brief-11/7/24
The UK economy surpassed expectations with a 0.4% GDP growth in May 2024, boosted by improved weather conditions. The services sector led growth, expanding by 0.3%, while construction grew by 1.9%. Analysts see this growth influencing the Bank of England’s upcoming interest rate decision. British entrepreneur Mike Jatania is nearing…
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11 JulyHealth & Beauty
Holland and Barrett losses widen despite surge in revenues
Holland and Barrett has reported that pre-tax losses widened from £59.6m to £65.3m following a rise in administrative expenses, despite seeing its revenues increase 11% to £806.1m during the year ended 30 September. Gross profits also rose by 7% to £475.7m, while distribution and operation costs decreased to £253m that…
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Jun- 2024 -7 JuneNews
Today’s news in brief-7/6/24
The British Independent Retailers Association (BIRA) has initiated a £1bn damages claim against Amazon on behalf of UK retailers selling on its marketplace. BIRA accuses Amazon of misusing retailers’ data and manipulating the Amazon Buy Box to divert sales and profits from these retailers to its own business. This claim,…
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7 JuneHealth & Beauty
MRI Software to provide AI footfall data for Holland and Barrett
Holland and Barrett has revealed a partnership with retail property technology group MRI Software, which will provide the retailer with AI footfall analytics. This partnership will mean that the health and wellness retailer will have real-time visibility on store performance metrics across its shops across the UK and Europe. So…
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May- 2024 -29 MayNews
ScS chief executive to step down
The chief executive of specialist furniture retailer ScS Steve Carson is stepping down from his role, City AM has reported. Carson, who is leaving the retailer this summer, oversaw the £99m takeover deal of ScS by Italian retailer Poltronesofá in October 2023. Poltronesofá currently operates 167 stores in Italy, 106…
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Apr- 2024 -19 AprilHealth & Beauty
Holland and Barrett invests over £4m in women’s health
Holland and Barrett has announced it will be investing over £4m into its women’s health offer, which will be backed by a new three-year Wellness Commitment. This follows YouGov research from Holland and Barrett which revealed that over a third of women said there is a lack of education or…
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Mar- 2024 -26 MarchNews
Today’s news in brief-26/3/24
Asos reported an 18% decline in sales during the first half of fiscal year 2024, yet maintained its profit guidance. Despite the sales dip, Asos showcased strong free cash flow performance, reaching £20m, its best since FY17. CEO José Antonio Ramos Calamonte highlighted the company’s progress in implementing its ‘Drive…
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26 MarchHealth & Beauty
Holland & Barrett names new UK&I CEO amid leadership shake up
Holland & Barrett, the health and wellness business, has announced the appointment of Anthony Houghton as its new CEO of UK&I. The appointment comes as the retailer also announced changes to its structure to help further accelerate its growth and transformation strategy including the creation of three new divisions. Also…
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20 MarchHealth & Beauty
Holland and Barrett to increase hourly staff pay to £12
Holland and Barrett is set to increase its hourly pay by 9% to £12, almost 5% above the National Living Wage, from April. The retailer’s London-based employees will receive a further increase to £13 an hour. The new upcoming pay rates will mean that in the past two years alone,…
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