Leicester
This coverage explores developments in Leicester relevant to the UK retail industry, with a focus on the city’s retail economy, store openings and closures, supply chain issues, and workforce matters. Reporting highlights how local events and trends — including labour practices, factory conditions, and community initiatives — shape retail operations and brand strategies. Designed for executives, managers, and professionals assessing market conditions and ethical considerations in Leicester’s retail landscape.
-
Oct- 2023 -31 OctoberNews
Today’s news in brief-31/10/23
The British Retail Consortium reports a drop in shop price inflation to 5.2% in October, down from 6.2% in September, marking the lowest rate since August 2022. Non-food inflation also declined to 3.4%, the lowest since September 2022. Food inflation decelerated to 8.8%, and fresh food inflation decreased to 8.3%,…
Read More » -
31 OctoberClothing & Shoes
Footasylum furthers expansion with new Birmingham and Watford stores
Footasylum has continued its expansion with the opening of two new stores, having opened a new site in the Bullring in Birmingham, and one in the atria shopping centre in Watford. Following these openings, the group said an upsized store in Fosse Park Leicester will also be opening next month. …
Read More » -
Sep- 2023 -26 SeptemberClothing & Shoes
Frasers opens new Flannels Nottingham store
Frasers Group has opened the doors to its latest Flannels store in Nottingham city centre. Frasers said it continues with the commitment to investing in retail and bringing “world-class” shopping destinations to new locations throughout the UK. Situated on Nottingham’s high street, the 15,000 sq. ft store will house two…
Read More » -
Aug- 2023 -1 AugustNews
JD Sports escapes fine over Leicester City merch deal
JD Sports has managed to avoid a fine despite having broken competition law with Leicester City FC, the Competition and Markets Authority (CMA) stated yesterday. In an official announcement, the CMA announced that a £880,000 fine has been imposed on Leicester City FC Limited, King Power International Co. Limited and…
Read More » -
Jul- 2023 -14 JulyNews
Next partners with stem cell charity Anthony Nolan
UK retailer Next has announced a two-year partnership with stem cell transplant charity Anthony Nolan. The charity will work with Unity at Next, the employee network group for cultural and ethnic diversity, to raise awareness of and diversify the Anthony Nolan stem cell donor register to support its strategic aim…
Read More » -
5 JulySport & Leisure
JD Sports broke competition law with Leicester City FC, CMA finds
The Competition and Markets Authority (CMA) has found that JD Sports, together with Leicester City FC, broke competition law by “colluding” to restrict competition in the sales of Leicester City-branded clothing in the UK. After an investigation which began in September 2021, Leicester City agreed to pay a fine under…
Read More » -
Jun- 2023 -14 JunePeople Moves
Just Hype strengthens management team
Leicester-based Just Hype, a global fashion and accessories brand, has announced the appointment of two new executives to further strengthen its management team. Dave Leigh has been appointed as the new Commercial director, while Melissa Wright has been appointed as the new head of Buying. Leigh brings a wealth of…
Read More » -
14 JuneElectrical
Marks Electrical posts record revenues of £97.8m
Marks Electrical has posted record revenues of £97.8m for the year ended 31 March 2023, compared with £80.5m in FY22. The retailer posted an EBITDA of £7.5m which was up slightly from £7.2m compared with last year. The company also posted a statutory profit before tax of £6.4m, nearly double…
Read More » -
Apr- 2023 -17 AprilClothing & Shoes
Just Hype rescued in pre-pack administration deal
Streetwear brand Just Hype has been rescued from collapse following a pre-pack administration deal, according to Drapers. Drapers reported that investor Sarjan Dulai has acquired the business for an undisclosed sum in a move that has saved 82 jobs. The Leicester brand had reportedly faced collapse amid falling sales and…
Read More » -
Mar- 2023 -7 MarchHigh Street
Greggs sales rise 23% in FY22
Greggs has welcomed a strong performance in FY22, with total sales up by 23% to £1.5bn, and like-for-like sales in company-managed shops up by 17.8% year-on-year. Over the period, pre-tax profits were also up 1.9% to £148.3m, against £145.6m the prior year. It comes as the group reported a “record”…
Read More »
