Madrid
This coverage focuses on retail developments and business activities in Madrid that are relevant to UK-based professionals. Reporting includes updates on store openings, international expansions into the Spanish market, flagship locations, and cross-border strategies involving Madrid as a key European retail hub. Insight supports executives and managers assessing opportunities, competitors, and market trends in the city’s retail landscape.
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Jul- 2018 -5 JulyHigh Street
Primark defies high street strife with 6% sales boost
Budget fashion retailer Primark has reported a 6% increase in sales in the 40 weeks to 23 June compared with the previous year. Associated British Foods (ABF), which owns Primark, said growth was driven by increased retail selling space in the UK and abroad, and as a result of “better…
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Jun- 2018 -19 JuneHigh Street
Eat avoids CVA decision following sales boost
Sandwich chain Eat has avoided making the decision to draft in advisors as recent closures and an increase in sales have put the company back on track, Retail Sector understands. In February, the chain was reported to have appointed advisors KPMG to help it with its restructuring plan which included…
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6 JuneHigh Street
WHSmith Q3 sales boosted by travel business
WHSmith has posted an uptick in Q3 sales driven by the continued growth of its travel business. In the 13-week period ending 2 June, the bookseller and newsagent chain’s total group sales were up 4% with like-for-like sales up 1% compared with last year. Travel business total sales were up…
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May- 2018 -3 MayAnalysis
REPORT: Comparing the US and European retail sectors
Dire predictions of mass bankruptcies in the US retail sector in the face of the ecommerce revolution have come true in the so-called “retail apocalypse”. Changing consumer habits with the growing popularity of online shopping and increasingly easy delivery options have led to slack growth, if not declines in…
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Apr- 2018 -12 AprilHigh Street
WHSmith profits dip as high street arm struggles
WHSmith has reported a dip in its profits for the six months ending February 28, as its high street trading profit fell by 6%. The company saw a 1% fall in group pre-tax profits to £82m down from £83m in 2017. However WHSmith’s 700 travel stores, located in airports, railways…
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