Restructuring
Restructuring in the UK retail sector involves the strategic changes retailers make to strengthen their financial position, streamline operations, and adapt to evolving market conditions. Retail Sector provides comprehensive coverage of restructuring activity, including breaking news on administrations, CVAs, and refinancing deals, alongside expert analysis of the operational and strategic implications. Our reporting helps retail executives, store owners, ecommerce leaders, and supply chain professionals understand how these developments impact the wider retail landscape, offering insights into recovery plans, leadership decisions, and business transformation across physical and digital channels.
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Jul- 2021 -6 JulyAdvice
Retail sector valuations in the current climate
The current pandemic has caused widespread disruption to the retail sector, with many struggling to maintain a healthy cashflow and revenues and profits down on previous years. Knowing the different types of valuation methods and when to use them can help business owners know what their company is worth now, helping to support their…
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5 JulyDepartment Stores
John Lewis to build 10,000 rental homes
John Lewis is set to enter the residential homes market, after unveiling plans to build 10,000 new rental homes over the next ten years. According to the Sunday Times, the retail giant has already identified space to build 7,000 new homes across its own property portfolio, including disused department store…
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Jun- 2021 -25 JuneClothing & Shoes
Asos to slash roles at Topshop
Asos is set to make a series of redundancies across the Topshop, Topman and Miss Selfridge brands, Drapers has revealed. The redundancies are reportedly set to affect around 38 employees across senior buying, established buying, design and merchandising. Sources told Drapers that the brand’s employees were informed of the plan…
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21 JuneDepartment Stores
John Lewis faces criticism over third-party fees
Department store chain John Lewis has reportedly faced criticism from third-party brands for the fees it charges to stock their products. According to the Sunday Times, third party brands currently pay up to 50% of every sale to John Lewis in commission and fees. The paper also said that one…
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18 JuneDepartment Stores
John Lewis appoints AlixPartners to conduct supply chain review
John Lewis has reportedly appointed AlixPartners to conduct a strategic review of its supply chain and buying habits. According to Drapers, the restructuring firm has been instructed to examine its supply chain and its buying practises, including intake margins, in order to see if it can save variable costs. The…
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May- 2021 -21 MayAnalysis
Customer experience differentiation is at the core of retail innovation
The rise of DTC, net-zero commerce, hyper-local shopping, dark stores, same-day (if not, same-15-minutes) delivery, and brand drops mark the point of no return for mainstream retailers. Over the past decade, retail has somewhat sleepwalked into paradigm shifts that are shaping the modern world. The fall of Arcadia Group is…
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17 MayLuxury Goods
Ralph Lauren offloads Club Monaco brand to private equity group
Ralph Lauren Corporation has announced the sale of its Club Monaco brand to Regent, a global private equity firm, for an undisclosed fee. Expected to close by the end of June 2021, the transaction represents a continuation of the group’s fiscal 2021 strategic realignment plan. Revealed last year, the plan…
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Apr- 2021 -28 AprilSupermarkets
Sainsbury’s swings to £261m loss as Covid costs rise to £485m
Sainsbury’s has slumped to a pre-tax loss of £261m, down from a profit of £255m the year before, after it was hit by £485m in Covid-19 related costs during the full-year period ending 6 March 2021. Alongside the Covid-related costs, the group also attributed the loss to costs arising from…
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23 AprilSupermarkets
Co-op management restructuring to impact 2,000 jobs
The Co-op retail chain is set to alter its store management structure, impacting 2,000 staff members in the process. The group will axe the role of team manager across the majority of its stores from April, leaving the sites to operate with a store manager, team leader, and customer team…
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16 AprilShopping Centres
Crystal Peaks Shopping Centre to create five new retail units
Crystal Peaks Shopping Centre has announced that work will begin on the creation of five new retail units. Four ground floor units will be located at the north east of the centre’s East Mall entrance and will have new frontages that open onto the shopping centre red car park. There…
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