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.
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Feb- 2019 -8 FebruaryEconomy
61% of Brits worried high street will disappear in 10 years
Consumers are worried the high street is going to be lost completely due to the current store closures in the news, research by commercial brokers KIS Finance has revealed. A survey of 1,000 consumers in the UK, found 61% of Brits are worried the high street will disappear in the…
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Nov- 2018 -29 NovemberProperty
Hammerson completes £236m Highcross sale
Hammerson has completed the sale of its 50% stake in Highcross shopping centre in Leicester to an Asian investor introduced by M&G Real Estate for £236m. The sale price represents a 5% discount to the December 2017 book value. The transaction comes after a successful standard EU competition clearance and…
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28 NovemberClothing & Shoes
Missguided inspectors ‘chased out’ of factory by workers
Clothing retailer, Missguided’s head of product quality Paul Smith, has said the company’s inspectors were “chased out” of a supplier’s factory by workers after asking questions about their sourcing. Smith also claimed his staff had been threatened and assaulted by workers at the Leicester factory. He said: “These were people…
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Jun- 2018 -25 JuneEconomy
More than 130 jobs cut as Mattressman enters CVA
Mattressman has announced it is to enter a Company Voluntary Agreement (CVA) which will see the closure of 14 of its 25 stores. The store closures will see 136 jobs cut as the bed retailer looks to “downsize” and begin a “restructuring process”. Mattressman looked to be in rude health…
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Mar- 2018 -7 MarchClothing & Shoes
New Look announces CVA proposal, 980 staff at risk
Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores, reduce rental costs and potentially make up to 980 staff members redundant. Under the proposal, the fashion retailer has identified 60 out of its total 593 stores in the UK…
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Jan- 2018 -8 JanuaryGovernment
Retailers vow to control acid-attack ingredient sales
Some of the country’s largest retailers and independent business leaders have pledged not to sell the most harmful corrosive substances to under 18s, as part of a series of voluntary commitments proposed by the government to help limit acid attacks. Waitrose, B&Q, Morrisons, Wickes, Co-op, Screwfix and Tesco are among…
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2 JanuaryNews
Co-op to open 100 new food stores in 2018
The Co-op has confirmed plans to open 100 new food stores across the UK in 2018, creating an estimated 1,600 jobs. It comes as part of the £160m investment programme for the community retailer that includes new stores and major refurbishment for a further 150 outlets. More than 20 new…
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