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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Oct- 2023 -5 OctoberNews
Today’s news in brief-05/10/23
Asda, post its separation from Walmart, has entered a multi-year partnership with Tata Consultancy Services (TCS) to revamp its IT operations. TCS will implement cloud-based ERP platforms to streamline various processes including supply chain forecasting, buying, and merchandising. This move aims to enhance customer experience, innovation capabilities, and maintain market…
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5 OctoberNews
Borough Yards welcomes three new tenants
Borough Yards, the new retail, leisure, office and dining district in Borough, has announced the arrival of three new tenants. Ted Baker-owned barbers Ted’s Grooming Room and skin specialists re:lax will arrive this autumn to bolster its beauty offer, while the London debut of West African-inspired restaurant Akara becomes the latest restaurant to open. …
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5 OctoberNews
Oxford Street American candy store numbers drop amid council crackdown
The number of American candy stores on Oxford Street has dropped from 29 to 21 following a crackdown by Westminster City Council, according to a new Westminster’s overview and scrutiny committee report. Earlier this year, Westminster City Council further campaigned against US-style candy and souvenir stores by appealing directly to…
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5 OctoberNews
Hoka opens news London flagship store in Covent Garden
Hoka, a division of Deckers Brands, has announced the launch of its first ever retail location in Europe at Shaftesbury Capital’s Covent Garden, located at 2-3 James Street. The 1,750 sq. ft flagship store showcases the full line of footwear, apparel, and accessories under one roof for the first time.…
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4 OctoberHealth & Beauty
Borough Yards bolsters beauty offering with two new arrivals
The retail and leisure district in London, Borough Yards, has announced the arrival of Ted Baker-owned barbers Ted’s Grooming room and skin specialists Re:lax this autumn to bolster its beauty offering. The news follows the signing of 12 additional brands over the summer, including Ace and Tate, Amorino, Bancone, Lids…
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3 OctoberNews
Today’s news in brief-3/10/23
Next announced the retirement of its CFO, Amanda James, after 28 years of service. This transition is aligned with James’ long-standing plans and is set for September 26 2024, following the release of interim results. Jonathan Blanchard of Reiss is slated to succeed her, bringing over three decades of financial…
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3 OctoberEconomy
Sustainable retail could boost local economies by £100m, Landsec finds
Brands in a sustainable retail destination could see revenues increase by up to 13% over the next 10 years, leading to a potential boost of up to £100m for local economies, Landsec research has found. According to the research, this would come from overall footfall for such destinations could see…
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3 OctoberClothing & Shoes
Dr Martens to open 100th EMEA store on Oxford Street
Dr. Martens plc is set to open its 100th EMEA (Europe, Middle East and Africa region) store on London’s Oxford Street. The new location, at 184 – 190 Oxford St, will open on 10 November 2023. Dr Martens stated that the new store, which is near its flagship store in…
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Sep- 2023 -28 SeptemberLuxury Goods
Paul and Shark flagship among Regent Street openings
The Crown Estate has leased its 2,500 sq ft retail space at 233 Regent Street to Paul and Shark. This comes after Spanish womenswear brand Bimba Y Lola opened a new 4,000 sq ft store at 211-213 Regent Street earlier this month on 9 September, carrying a curated edit of…
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28 SeptemberSupermarkets
Poundland to open 10 former Wilko stores
Poundland has announced it is set to open 10 former Wilko stores this Saturday (30 September) after it secured an agreement with administrator PwC to take an option on a number of Wilko store leases. The following Wilko stores will open on Saturday morning: Broad Street, Chell Road, Stafford, ST16…
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