Lakeland
This coverage delivers business-focused reporting on Lakeland’s operations and strategic developments within the UK retail sector. Reporting includes updates on store openings and closures, product range expansions, and leadership transitions. Analysis addresses Lakeland’s financial performance, including the 2023 turnover of £153m and pre-tax losses of £2m, as well as the impact of economic challenges such as increased employer National Insurance contributions and rising operational costs. Additionally, insights into the company’s management buyout in April 2025, backed by Hilco Capital, are provided, highlighting the shift in ownership from the founding Rayner family to the current leadership team. This information supports retail executives, brand managers, and professionals overseeing homeware retail operations and strategic planning.
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Oct- 2023 -27 OctoberNews
Today’s news in brief-27/10/23
Tesco has appointed Matthew Barnes as the new UK CEO, effective March 2024, succeeding Jason Tarry, who will step down after 33 years with the company. Barnes, with extensive experience at Aldi, previously served as UK&I CEO and co-head of Aldi Sud’s executive board. Under Tarry’s leadership, Tesco underwent a…
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27 OctoberNews
Lakeland partners with Retail Trust for new staff wellbeing measures
Kitchenware and homeware retailer Lakeland has begun working with retail industry charity the Retail Trust to protect the wellbeing of its 1300+ members of staff. They will be given access to a range of personalised mental health resources thanks to the new partnership, including counselling and cognitive behavioural therapy for…
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Jun- 2022 -30 JuneClothing & Shoes
Unbound unveils 14 partner brands for platform launch
The Unbound Group has announced the launch of its multi-brand platform to offer a “broader” range of new partner brands and complementary own-brand products, starting from 28 July 2022 through to October 2022. The group is initially launching its partner brand offering within apparel and specialist footwear categories. Unbound will…
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Oct- 2019 -23 OctoberComment
How the barcode is continuing to impact the retail world
In our daily lives we hardly give the barcode a second thought. We only really come across it when we’re shopping and even then, it’s merely a ‘bunch of lines and spaces’ that helps us process the transaction and buy an item. But the barcode is so much more than…
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May- 2019 -29 MayHigh Street
WHSmith ranked worst retailer in Which? Survey
WHSmith has finished bottom of Which?’s annual UK high street shops survey rankings of more than 100 shops, while specialist retailers came out on top. The annual survey of more than 7,700 Which? members looked at the bricks-and-mortar shops offering the best in-store experiences. WHSmith finished with a customer score…
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