Manchester
This coverage highlights retail activity, trends, and developments in Manchester, a key UK retail hub. Reporting includes store openings and closures, property developments, local economic impacts, retail performance data, and insights into regional strategies by national and independent brands. Tailored for executives and managers, it supports strategic planning for those engaged in retail operations and expansion in the North West.
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Jun- 2024 -7 JuneNews
Lidl announces plans for new distribution centre
Lidl UK has revealed plans for a brand new Regional Distribution Centre (RDC) in Bolton, Greater Manchester, following the freehold acquisition of 43.71 acres at Harworth Group’s flagship Logistics North development. The news of the warehouse marks another multi-million pound investment by the retailer, following a series of recent announcements…
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May- 2024 -20 MayNews
Today’s news in brief-20/5/24
Asda reported a robust financial performance for Q1 2024, with a 6.6% increase in total revenues (excluding fuel) to £5.3bn and a 1.4% rise in like-for-like sales. The supermarket chain saw notable growth in its George at Asda clothing line and homewares, with the latter boosted by the new Stacey…
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20 MayClothing & Shoes
New Look to invest £3.3m in 20 Greater Manchester stores
New Look has announced a £3.3m investment to upgrade and improve its stores in Greater Manchester. The retailer will initially trial several initiatives in its 20 stores in the area over the next 12 months to create a blueprint for further improvements across its wider estate. This will centre around…
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20 MaySupermarkets
Asda revenues surge to £5.3bn in Q1
Asda has reported a 6.6% increase in total revenues (excluding fuel) to £5.3bn and 1.4% growth in like-for-like sales for the first quarter ended 31 March. The supermarket’s continued growth in total revenues, like-for-like sales and margin improvement in food and non-food includes a particularly strong contribution from George at…
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16 MayLuxury Goods
Watches of Switzerland Q4 sales rise 4%
Watches of Switzerland has seen its group revenues jump 4% up to £380m for the 13 weeks ended 30 April. The company saw its US sales rise 6% to £846m but its UK and Europe sales dropped 5% to £846m “impacted by macroeconomic conditions in the UK”. It has stated…
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13 MayNews
N Brown named one of The Sunday Times Best Places to Work
N Brown Group has recently been named one by The Sunday Times Best as one of the best places to work in 2024. This is the first time that N Brown has entered the list from The Sunday Times, which recognises organisations with the highest rates of workplace engagement, happiness…
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7 MayDepartment Stores
Tala to debut first physical partnership with Selfridges
Athleisure brand Tala will be debuting its physical all-store partnership with Selfridges from 10 May. The brand will be available to purchase across all four Selfridges stores, including Selfridges Oxford Street, a branded shop in Manchester Trafford, Manchester Exchange Square and Birmingham. According to Tala, launching in Selfridges allows the…
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2 MayHigh Street
Lounge Underwear PBT falls 33% amid focus on store openings
Lounge Underwear has reported that pre-tax profits dropped 33% to £5.5m during the year ended 30 June 2023, as the retailer focused on expanding its brick and mortar presence. The group’s pre-tax loss comes despite sales increasing 6% to £67.9m, as its active customer base also rose 20% across all…
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1 MayHigh Street
Iolla unveils JV partnership opportunities across the UK
Scottish eyewear brand, IOLLA, has today (1 May) announced the launch of a joint venture partnership model as part of its business growth strategy to scale the independent brand nationwide. This comes as the company’s online platform, which ships to over 40 countries, has been the target of investment, which…
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Apr- 2024 -16 AprilHealth & Beauty
Bath and Body Works opens first London store in Westfield
US retailer Bath and Body Works opened its first London location in Westfield this April, following the success of its opening in Manchester. In partnership with Next, the new Westfield store features almost 2,000 sq ft of sales floor space with “a new immersive shopping experience”. As part of the…
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