Poland
This coverage examines the connections between Poland and the UK retail industry, focusing on supply chain relationships, sourcing strategies, market expansion by UK retailers into Poland, and the role of Polish economic and consumer trends in shaping retail decisions. Reporting is tailored for professionals managing cross-border operations, procurement, and international strategy.
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Mar- 2022 -7 MarchNews
TK Maxx cuts ties with Russia
TK Maxx has announced it has taken “meaningful” business actions to cut ties with Russia. The announcement comes in addition to supporting its associates and the ongoing humanitarian relief efforts. Consistent with the firm’s corporate values, it said it is “committed” to divest its minority investment in Familia, a Russian…
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7 MarchNews
Asda donates £1m to Ukraine and axes Russian products from shelf
Asda and its charity, the Asda Foundation, has announced it is providing immediate support for displaced Ukrainian families in Europe and the UK in the aftermath of the Russian invasion through a £1m support package. The package includes pledging £100k in Asda Foundation support to national UK-based refugee support groups…
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Feb- 2022 -17 FebruaryPeople Moves
Kingfisher announces leadership shakeup
Kingfisher plc has announced a number of senior management changes to strengthen its group executive team and support the delivery of the group’s strategy. Sebastien Krysiak, currently chief executive officer (CEO) of Castorama Poland, has been appointed to the new role of chief commercial officer, with effect from 4 April.…
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Oct- 2021 -13 OctoberPeople Moves
Halfords appoints new CFO
Halfords has announced the appointment of Jo Hartley as its new executive director and chief financial officer (CFO). Hartley will join the business in mid-April 2022 and replace Loraine Woodhouse in the role, who is set to retire from her full-time role in the business. Woodhouse will however remain in…
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11 OctoberHigh Street
Poundland owner names new chief operating officer
Pepco Group, the owner of budget retailer Poundland, has announced the appointment of Trevor Masters as the group’s chief operating officer (COO), effective from 1 January 2022. Masters will be based in Poland and retain his current leadership responsibilities as managing director (MD) as well as providing “strategic direction and…
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May- 2021 -5 MayHigh Street
Pepco valued at £5bn ahead of Warsaw listing
Pepco Group, the owner of brands such as Poundland, Pep&Co and the Dealz brands, has been valued at between €4.8bn (£4.1bn) and €5.8bn (£5bn) ahead of its listing on the Warsaw stock exchange. In a publication of its prospectus for the offering, Pepco revealed the listing will consist of up…
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Mar- 2021 -12 MarchClothing & Shoes
JD Sports enters Eastern Europe with MIG acquisition
JD Sports has expanded into Eastern Europe, with plans to acquire 60% of Polish fashion business, the Marketing Investment Group (MIG). Based in Krakow and founded in 1989, MIG is currently majority owned by brothers Andrzej and Zbigniew Grząka. The business operates 410 retail stores and associated trading websites across…
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Nov- 2020 -25 NovemberDIY
Kingfisher acquires NeedHelp marketplace
Kingfisher has announced its acquisition of NeedHelp, one of Europe’s leading home improvement marketplaces, for a total cash consideration of €10m (£8.9m). Guillaume de Kergariou, founder of NeedHelp, has reinvested proceeds from the sale in a 20% interest in the business, which has resulted in the home improvement retailer owning…
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Jun- 2020 -18 JuneNews
Tesco offloads Polish arm
Tesco has confirmed the offload of its Polish business through its sale to Salling Group A/S. The transaction includes the sale of 301 stores, as well as its associated distribution centres and head office. The deal had a total value of zł900m (£181m), with total net proceeds expected to be zł819m…
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10 JuneHealth & Beauty
The Hut Group reports FY sales of £1.1bn
Health and beauty retailer The Hut Group (THG) has reported a 24% increase in group sales to £1.14bn in its full year results. In the year ended 31 December, the company reported a 22% increase in gross profit to £511m compared with £417m in 2018. International sales attributed to 66%…
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