Selfridges
This coverage explores Selfridges’ operations and strategy within the UK retail landscape, focusing on store developments, brand collaborations, product launches, sustainability initiatives, and leadership decisions. Reporting provides insight into how Selfridges maintains its position as a premium retail destination — supporting executives, managers, and professionals involved in luxury, department store, and experiential retail.
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Jan- 2020 -28 JanuaryComment
How ‘Ostrich Shops’ are blighting the high street
The state of the high street isn’t to blame for the closure of shops and growing number of UK retailers entering into Company Voluntary Administration (CVA) schemes. It’s a trend of ‘Ostrich Shops’ which is killing high street retail. It’s all too easy to read about struggling high street shops.…
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Jul- 2019 -2 JulyAnalysis
How to make the most of empty retail spaces
Earlier in this month, The Times reported that the number of vacant shops on UK high streets rose by more than 7,500 last year, fuelled in part by store closures from large retailers such as Mothercare, New Look and House of Fraser. Debenhams then announced that it will downsize at…
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Apr- 2019 -29 AprilClothing & Shoes
Kurt Geiger owner mulls £450m sale to US fashion giants
The private equity firm which owns Kurt Geiger is reportedly mulling over a sale of footwear and accessories retailer to some of America’s fashion giants for around £450m. According to The Telegraph, Cinven has reportedly held “fireside chats” with potential buyers including Steve Madden, Michael Kors and Coach. If a…
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Feb- 2019 -12 FebruaryHigh Street
West End retailers face £45m rates hike in April
Retailers located in London’s West End are set to face a £45m rates tax increase in April, according to a report by real estate advisor Altus Group. Business rates help announced at the Autumn Budget last year, which promised to slash bills by a third for high street business in…
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Jan- 2019 -23 JanuaryAdvice
How retailers can maximise profits and survive in 2019
It is no secret that the past year has been a challenging time for UK retail. Declining profits, closing shops and changing consumer behavior has contributed to the worst year in retail since the global recession a decade ago. Retailers such as Toys R Us, Maplin, New Look, Mothercare, and…
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18 JanuaryAnalysis
Fall of the high street — can retailers survive?
The UK’s high streets are under attack. From the continued rise of online shopping, which has led to a reduction in footfall, to increases in business rates and the Living Wage, Britain’s retailers are struggling. The decline of the British high street has dominated the headlines in 2018 with in…
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Oct- 2018 -30 OctoberDepartment Stores
Selfridges opens in-store skate park
Selfridges has opened an indoor skate park in its London flagship store as part of refurbishment work in its menswear section. ‘The Bowl’ has become the UK’s only free wooden indoor skate bowl with skate lessons offered for £20 per hour. Selfridges has also added The Designer Street Room to…
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1 OctoberGovernment
New West End Company calls for £5bn business rate reduction
The New West End Company, which represents retailers in London’s West End has called for a £5bn reduction in business rates, financed by a 1% tax on online retailers. This week’s Conservative Party conference has seen representatives of the organisation lobbying for the reduction. Businesses across the West End will…
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Sep- 2018 -14 SeptemberDepartment Stores
John Lewis Oxford Street flagship sees business rates rise 57% in a year
John Lewis’ flagship on Oxford Street, London is expected to see its business rates tax rise from £12.68m to £19.91m up 57% compared with last year’s revaluation. According to real estate advisor, Altus Group, the Oxford Street store alone will pay £41.04m in business rates over the four years of…
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Aug- 2018 -3 AugustDepartment Stores
Selfridges open ‘Christmas Shop’ four months before the festive period
Selfridges has opened its ‘Christmas Shop’ four months before the festive period, with the department store claiming the decision was made to appease overseas visitors with whom the range is popular. The shop is expected to be fully stocked by September with over 4,000 items, including souvenir pencils priced at…
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