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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Apr- 2023 -3 AprilSupermarkets
M&S denies reports of head office job cuts
Marks and Spencer has dismissed a recent report by The Sunday Times stating that the retailer is looking to dismiss staff at its headquarters as part of chairman Archie Norman’s reforms. A spokesperson from M&S said: “It is simply inaccurate that hundreds of roles are being cut. As previously reported…
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3 AprilHigh Street
The Fragrance Shop to open flagship store on London’s Oxford Street
The Fragrance Shop has confirmed it is to open a brand new flagship global experiential store on Oxford Street later this summer. The move will mark the first time the UK independent fragrance retailer will open a flagship shop in London. The 2,300 sq ft location will feature a prominent…
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Mar- 2023 -30 MarchClothing & Shoes
Primark boosts hourly pay for retail assistants
Primark is to increase the pay of its retail assistants in Great Britain, giving around 26,000 retail colleagues an average pay rise of 12%. The retailer is increasing the rates of pay for all hourly-paid store colleagues across England, Scotland and Wales to £11 an hour and £11.51 in London.…
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29 MarchClothing & Shoes
Next acquires Cath Kidston for £8.5m with job losses expected
Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job cuts expected as the group is wound down and its remaining stores close. The group said the cathkidston.com domain will be licenced back to the administrators for a period of…
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27 MarchHealth & Beauty
Superdrug opens its largest Scottish store in Braehead
Superdrug has opened its biggest store in Scotland – located in Braehead Shopping Centre. Superdrug said the 9,324sq ft store means customers will have access to exclusive brands, the latest health and beauty products and luxury fragrances and has also created 10 new jobs in the local area. The store…
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27 MarchSupermarkets
Tesco surpasses Whoosh rollout target by 25%
Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from 1,000 of its express stores. The company had set a target to offer Whoosh from 800 stores by the end of February 2023, but has exceeded that target by 200…
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24 MarchProperty
Fortnum and Mason revamps flagship to appeal to wider audience
Fortnum and Mason is attempting to shed its image as a grocer for the super rich by revamping its flagship store in Piccadilly, according to reports from The Telegraph. The retailer will re-open the third floor of its store on Piccadilly in London as a “creative hub” focused on food…
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24 MarchNews
Asos to expand Face and Body offering by over 200 products
Asos has revealed it is set to expand its Face and Body category offerings as it hailed a surge in demand driven by social media which has seen its sales of cream blushes grow by over 600% in the last six months. It comes after a survey of 2,000 UK…
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22 MarchElectrical
Currys raises staff pay for fourth time in 18 months
Currys has announced an additional rise for hourly paid store colleagues in the UK from £10.35 per hour to £10.50, the fourth rise in the last 18 months. The retailer also revealed that the average store colleague bonus is 89p per hour, with top earners making up to £3 per…
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21 MarchClothing & Shoes
New Look places 70 head office roles at risk
Around 70 jobs could be at risk across New Look’s London and Weymouth head offices following a restructure of the group. According to the group, the move is part of a wider review of its operating model and structure, and could impact several departments across both offices. New Look currently…
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