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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Nov- 2023 -2 NovemberSupermarkets
BP opens new retail stores in North Yorkshire and West Sussex
BP has opened two new retail stores in Norton-on-Derwent, North Yorkshire, and in the village of Faygate in West Sussex, creating just under 50 new jobs across the two areas. The Norton-on-Derwent store, which opened on 18 October, will serve drivers travelling between the towns of Malton and Norton-on-Derwent, around…
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2 NovemberClothing & Shoes
Profits and revenues surge at Kurt Geiger
British accessories brand Kurt Geiger has reported a 49% increase in EBITDA to £30m and a 31% increase in revenues to £329.5m for the 12 months ended 28 January 2023. As the brand celebrates its 60th anniversary, it attributed the growth in sales and profits to its continued expansion in…
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Oct- 2023 -30 OctoberHigh Street
Cake Box appoints new chairman
Cake Box has announced the appointment of Martin Blair, currently non-executive director, as its new chairman. The appointment of Blair follows a thorough recruitment process carried out by the board over the last few months during which a number of external candidates were interviewed. Blair will succeed Nilesh (Neil) Sachdev…
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27 OctoberNews
On to open new store in Spitalfields Market
Swiss sports brand On has announced the opening of its second UK store, located in Spitalfields Market in East London. Following the successful launch of the brand’s flagship store on Regent Street, On continues its retail expansion in the UK, driven by remarkable sales growth. Situated at 37 Brushfield St,…
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27 OctoberNews
Lakeland partners with Retail Trust for new staff wellbeing measures
Kitchenware and homeware retailer Lakeland has begun working with retail industry charity the Retail Trust to protect the wellbeing of its 1300+ members of staff. They will be given access to a range of personalised mental health resources thanks to the new partnership, including counselling and cognitive behavioural therapy for…
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26 OctoberNews
Today’s news in brief-26/10/23
Majestic Wines has marked a significant milestone by opening two new stores in one week, a feat not accomplished in a decade. The first store, located in Chippenham, was reopened four years after its closure by previous management. The second, the largest in Wales, is the second-largest in the company’s…
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26 OctoberNews
Fashion brand launched by Ukrainian refugee to open London pop-up
After launching her new fashion brand Nenya in Leeds in October last year, Ukrainian refugee Yana Smaglo is taking her latest fashion range to London with a pop-up shop. After launching in Yorkshire last year, the pop-up shop will be open to visit in London until 29th October, supported by…
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26 OctoberLuxury Goods
Majestic Wine furthers expansion with two new openings
Majestic Wine has furthered its expansion plans after opening two new stores in the same week for the first time in a decade. The wine retailer returned to Chippenham on 24 October, four years after its former store in the town was closed down by previous management. After the group…
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24 OctoberNews
Today’s news in brief-24/10/23
Furniture retailer ScS has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. This acquisition, representing a premium of 66% to the closing price per ScS share in October, has been recommended to shareholders and is expected to be completed in early 2024. Poltronesofà views this as…
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24 OctoberSupermarkets
Lidl becomes third largest supermarket in London
Lidl GB has overtaken Asda to become the third largest supermarket in London with a market share high of 9.1%, double the market share of any other discount supermarket in the capital. It reported the fastest growth out of all supermarkets in the city, while Kantar named it the fastest-growing…
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