Shoezone
This coverage examines Shoezone’s operations and strategy within the UK retail market. Reporting highlights store openings and closures, financial performance, leadership decisions, and initiatives to adapt to consumer trends and competitive pressures. Insights are tailored for retail professionals monitoring value-driven retail, footwear trends, and operational strategies in the high street sector.
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Jan- 2024 -9 JanuaryNews
Today’s news in brief-9/1/24
The UK saw record-breaking grocery sales of £4.8bn during the week ending December 23, 2023, representing a 4.3% increase compared to the previous year. Aldi and Lidl continued to outperform the market, with a combined market share increasing to 20.1%. Total spending on groceries increased by £657m over the four…
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9 JanuaryClothing & Shoes
Shoezone profit before tax jumps to £16.2m
Shoezone has revealed that its profit before tax has risen to £16.2m, up from £13.6m last year, for the year ended 30 September 2023. Alongside this, the company posted revenues of £165.7m, up from £156.2m for the same period last year. Shoezone saw store revenues of £134.8m, up from £129.8m…
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Jul- 2023 -12 JulyHigh Street
Shoezone ups profit guidance again after strong June sales
Shoezone has announced that it expects its profit for the year ending 2 October 2023 to be no less than £13.5m after strong June sales. The company stated that sales exceeded expectations due to “continued strong demand with volumes up double digits on last year”, despite no price increases on…
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May- 2023 -18 MayHigh Street
Shoezone to open Bury town centre store this May
Shoezone will launch a brand new, relocated store in Bury on 20 May, officially opening at The Rock, Unit E. 05. The new store, which will be open from 9am until 7pm Monday and Saturday and 10:30am until 4:30pm on Sundays, will offer opening offers, as the brand will also…
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Jul- 2022 -26 JulyHigh Street
Shoezone ups profit guidance amid ‘better than expected’ trading
Shoe Zone has announced “stronger than expected” trading in its latest update detailing the figures since 29 June, with the company now expecting adjusted profit before tax for FY 2022 to be not less than £9.5m. It said the upturn was due to “higher than expected demand for summer products,…
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