Lancashire
This coverage examines retail developments and business activity across Lancashire, with reporting on store openings and closures, high street trends, and investment projects impacting the region. Insight is tailored for retail executives, managers, and professionals overseeing operations, property decisions, and regional growth strategies within the UK retail sector.
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Oct- 2024 -2 OctoberSupermarkets
Booths narrows pre-tax losses to £1.6m
Supermarket chain Booths has narrowed its losses from £4.0m in 2023 to £1.6m and has reported a 6.7% rise in sales to £318.7m for the year ending 30 March 2024. The group attributed the performance to increased footfall and basket spend, partly due to inflation and the benefit of an…
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Oct- 2023 -9 OctoberNews
Asda rebrands first 11 Co-op sites into Express stores
Asda has launched its programme to convert 116 convenience stores and attached petrol station forecourts acquired from the Co-op Group last year to its Asda Express convenience brand. The 11 sites are the first tranche to be rebranded Asda Express, with the remaining 105 sites due to be converted by…
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5 OctoberDIY
Victoria Plumbing revenues rise 6% in FY23
Victoria Plumbing revenues have increased by 6% in the year ended 30 September, largely due to an increase in order volumes. The group noted that average order values have also remained in line with the previous year, with a continuation of the positive trends experienced in H1, including favourable market…
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Mar- 2023 -2 MarchDIY
Victorian Plumbing welcomes strong start to FY23
Victorian Plumbing has welcomed a “strong” start to the financial year, with revenues up by 10% in the five months to 28 February 2023.Over the period, it also reported an improvement in gross margin and marketing spend efficiency versus the comparative period last year. This performance was said to be…
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Sep- 2022 -21 SeptemberComment
Do Royal Warrants still hold value for retailers?
British monarchs have been issuing Royal Warrants since the 15th Century. These warrants were issued over the centuries to craftspeople who supplied the Crown with everything from jewellery to tea. By the 1700s, warrant holders began displaying the royal arms on their businesses in an early example of consumer-facing marketing.…
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Jul- 2022 -27 JulyPeople Moves
JD Sports eyes former B&Q executive as CEO
The Lancashire-based sportswear retailer, JD Sports, is reportedly close to finalising the appointment of Regis Schults as the company’s new chief executive officer, according to Sky News. Schults is the former executive at the DIY retailer B&Q, having held “several” senior jobs at B&Q. His credentials also include running Monoprix,…
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Mar- 2022 -25 MarchOnline & Digital
Morrisons announces delivery partnership with Gopuff
Morrisons has announced a multi-year partnership with Gopuff, the goods and food delivery company, which will see the supermarket’s fresh food, own-brand and branded products available to customers on the Gopuff platform. The partnership launches today and customers across the UK can order food and grocery items from Morrisons for…
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Sep- 2021 -9 SeptemberHigh Street
Gear4music acquires AV online for £9.2m
Gear4music has announced that it has acquired AV Distribution Ltd, which is trading as AV Online, for an aggregate consideration of £9.2m. Separately, the group has also acquired the website domain name AV.com. The completion of the deal is dependent upon receiving approval from the Financial Conduct Authority (FCA) which…
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Jul- 2021 -28 JulySupermarkets
Asda owners eye Fat Face head for George CEO role
Asda owners, brothers Mohsin and Zubba Issa are reportedly in talks to appoint the current CEO of Fat Face, Liz Evans, to head up the group’s fashion label, George, according to The Lancashire Times. Evans has been the CEO of Fat Face since 2018. If she moves over to George,…
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Oct- 2020 -20 OctoberCoronavirus
Manchester moved into Tier three
Prime minister Boris Johnson has announced that Manchester will be placed into Tier 3 Covid-19 restrictions, after talks between mayor Andy Burnham and the UK government collapsed. As a result of being placed under Tier 3, pubs and restaurants must close unless they are supplying substantial meals and outside household…
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