London
This coverage focuses on retail activity, trends, and developments in London, a central hub of the UK retail industry. Reporting highlights flagship store openings, property developments, regional economic factors, consumer behaviour, and strategic moves by both international and domestic brands. Tailored for retail executives and managers, it offers insights into operating and competing in one of the world’s most dynamic retail markets.
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Mar- 2021 -15 MarchClothing & Shoes
In The Style announces successful AIM admission
In The Style, an e-commerce womenswear fashion brand, has announced the successful admission of its entire issued and to be issued share capital on the London Stock Exchange’s junior AIM market. The admission sees 5.5 million new ordinary shares and 24 million existing ordinary shares placed at 0.25 pence and…
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12 MarchClothing & Shoes
Mothercare to float on junior stock market
Mothercare has announced its intentions to float on admission (AIM) on the junior stock market at £0.01 per ordinary share. Following this move, the company stated that its admission of the ordinary shares on the main market of the London stock exchange and to the premium listing segment of the…
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12 MarchComment
PCI – whose problem is it, anyway?
Remember when the General Data Protection Regulation (GDPR) legislation hit in the UK? Well, it came out in May 2018, and firms are still struggling to come to terms with it. There are big names out there who’ve been hit for six with the big stick that is GDPR –…
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10 MarchNews
Next acquires 25% equity stake in Reiss
Next has announced it has entered into a long-term, strategic partnership with Reiss whereby it will acquire a 25% equity stake in the retailer. The move will enable both retailers to leverage their respective strengths and generate strong future growth at a valuation of £200m, it also aims to combine…
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5 MarchSupermarkets
Amazon launches UK grocery store
Amazon has opened its first physical store outside of the US, with an Amazon Fresh grocery shop in Ealing, London. Selling prepared meals, groceries, and Amazon devices, the store will also include a counter for collecting and returning online orders. The smart shop will rely on technology to guide the…
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4 MarchNews
Waitrose to open new fulfilment centre
Waitrose has announced the opening of a new customer fulfilment centre in Greenford, West London, which will create 800 new jobs when fully operational. When fully running later this year the centre will aim to deliver 25,000 Waitrose.com orders each week, helping to offer five times more online slots each…
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4 MarchSupermarkets
Sainsbury’s restructuring plan places 1,150 jobs at risk
Sainsbury’s has begun a restructuring process that will see 500 head office roles cut and a further 650 jobs placed at risk at the company’s online fulfilment centre in east London. According to the supermarket chain, Simon Roberts, chief executive of the company has told staff about the shakeup which…
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4 MarchSupermarkets
Aldi to invest £22m in London expansion
Aldi has announced it is set to invest more than £22m in new and upgraded stores across London and within the M25 this year, as part of plans to further expand the business in the area. The supermarket chain now plans to open nine new stores in the London area…
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2 MarchOnline & Digital
In The Style to float on AIM
In The Style (ITS) has confirmed its intention to float on AIM, a sub-market of the London Stock Exchange. The pure-play e-commerce fashion brand said that admission is expected to take place on 17 March, with investment bank Liberum Capital Limited acting as nominated adviser. ITS, which was founded in…
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1 MarchSupermarkets
Sainsbury’s hikes pay of frontline staff
Sainsbury’s has announced it is increasing the pay for its frontline employees this month, and is awarding them a third one-off payment in “special recognition of their incredible efforts to help to feed the nation through the pandemic”. From March onwards, the hourly rate of pay for Sainsbury’s and Argos…
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