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.
-
Aug- 2023 -2 AugustClothing & Shoes
Scamp and Dude to open stores in Edinburgh and London
The independent fashion brand, Scamp and Dude, has announced its expansion with two new stores in Edinburgh’s St James Quarter and London’s Battersea Power Station, which are due to open this September. This follows a year of “exponential” growth for the brand after the retailer launched its flagship store in…
Read More » -
Jul- 2023 -31 JulyDepartment Stores
Frasers Group to axe 100 roles in Manchester
Frasers Group is reportedly set to axe more than 100 roles in its head office in Manchester in a bid to streamline the business, Drapers has reported. It is understood that the retail group has entered into a consultation period with staff from Missguided, I saw It First and Studio…
Read More » -
28 JulyHigh Street
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to 13.9% in Q2 2023, according to the latest figures from the BRC-LDC Vacancy Monitor. The Q2 performance was 0.1 percentage points worse than Q1, however it is 0.1 percentage point…
Read More » -
27 JulyOnline & Digital
THG snaps up City A.M.
THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that City AM was on the brink of administration and THG was reportedly in advanced talks with the newspaper to acquire it through a pre-pack administration. Matthew Moulding, THG chief executive…
Read More » -
26 JulyFeatures
From Tesco to tiles: The eight largest mergers and acquisitions of 2023
This year has seen a large number of M&A deals in the retail industry. In fact, the number of UK retail merger and acquisition deals increased by 23% in the last year, a five year high, according to data from law firm RPC. With more and more retailers looking for…
Read More » -
26 JulyOnline & Digital
THG in talks to buy City A.M.
Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a pre-pack administration, according to Sky News. The news comes after it was revealed that City A.M. is on the brink of administration after failed attempts to find a buyer in…
Read More » -
25 JulyNews
Greggs opens new Gatwick Airport site
Greggs has yesterday (24 july) opened a new shop in Gatwick Airport’s South Terminal, marking the first airport site in London, and eighth airport location in the UK. This is a major milestone in Greggs’ growth strategy, as the group looks to expand beyond the high street to key transport…
Read More » -
25 JulySport & Leisure
Under Armour opens new Brand House on Oxford Street
Under Armour has opened its latest Brand House in London on Oxford Street. The Oxford Street location, which opened on 20 July, is the latest in a series of Brand House openings following Westfield Stratford, Battersea Power Station, and Liverpool. Under Armour reported this is its strategy to grow its…
Read More » -
25 JulyHigh Street
Amazon closes its first checkoutless store after two years
Amazon’s first Amazon Fresh store in the UK has closed, having opened just over two years ago. The till-less store opened in Ealing Broadway in March 2021 and was the retailer’s first store of its kind to open outside of the US. The store was permanently shuttered on Sunday (23…
Read More » -
25 JulyShopping Centres
Frasers owner makes £50m bid for Leeds shopping centre
Mike Ashley, the owner of Frasers Group, has bid almost £50m to acquire Junction 32 off the M62 near Castleford, on the outskirts of Leeds, in his latest foray into the world of retail property, The Times has reported. This comes as the shopping centre is being sold by Landsec,…
Read More »
