Spain
This coverage explores UK retailers’ activities and strategies in the Spanish market, focusing on store openings, partnerships, consumer trends, and market expansion efforts. Reporting examines how businesses adapt operations to Spain’s retail environment — providing insight for executives, managers, and professionals managing international growth and cross-border retail strategies.
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Jun- 2021 -3 JuneClothing & Shoes
JD Sports to sell Sports Unlimited Retail for £14m
JD Sports is set to offload one of its subsidiaries for €16.5m (£14.2m), after agreeing to the sale of Sports Unlimited Retail BV (SUR) to Iberian Sports Retail Group SL (ISRG), its 50.02% subsidiary based in Spain. SUR is a wholly owned company based in the Netherlands, operating under the…
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Apr- 2021 -26 AprilHigh Street
Poundland owner confirms Polish IPO
Poundland owner, Pepco Group, has confirmed plans to go ahead with a listing on the Polish stock market that could value the company at around £3.9bn. The firm, which operates the Pepco and Dealz brands in Europe, had planned to go public in 2020 with a dual listing in London…
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Mar- 2021 -10 MarchClothing & Shoes
Mango 2020 in-store turnover falls 43%
Fashion, footwear, and accessories retailer Mango has announced turnover for FY20 of £1.58bn, as the performance of its in-store and online channels offset one another. While the groups’ bricks and mortar stores saw a 43% year-on-year decline to turnover, its online channels grew 36% to £656m. The figures represent an…
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Feb- 2021 -22 FebruarySupermarkets
Poundland owner to open 400 new stores despite dent to profits
Poundland owner the Pepco Group has announced plans to open 400 stores this year despite posting a drop in profits from €331 (£285m) to €229m (£198.2m) due to the impact of Covid-19. The group said the results for the 52-week period ending 30 September 2020 is primarily related to temporary…
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Nov- 2020 -3 NovemberClothing & Shoes
ABF profit slumps as Primark hit by £2bn loss
Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the full-year ended 12 September 2020. In the same period, group revenue fell by 12% to £13.9bn following the impact of the ongoing pandemic. The full year decline in group revenue…
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2 NovemberClothing & Shoes
Primark warns of £375m lockdown hit
The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update issued ahead of the nationwide lockdown that begins this week. As of today (2 November), all Primark stores in the Republic of Ireland, France, Belgium, Wales, Catalonia in Spain and…
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Sep- 2020 -4 SeptemberPeople Moves
Ebay UK announces new general manager
Ebay has announced that Murray Lambell will lead its UK business as general manager (GM). Lambell has been promoted from his position as vice president of UK trading, where he was responsible for all of Ebay UK’s business to consumer and sales and operations activities. He replaces Rob Hattrell in…
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Jul- 2020 -30 JulyEntertainment
Game sells Belong arenas to Vindex in $50m deal
Mike Ashley’s Game Digital has revealed it is set to sell its Beyond Esports gaming arenas to US-based start-up Vindex in a deal worth $50m (£38.5m). The deal sees Vindex acquire the Belong Gaming Arenas brand and all associated IP from the largest video games retailer in the UK and…
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14 JulyCoronavirus
Face coverings to be compulsory in shops from 24 July
Wearing a face covering in retail shops and supermarkets will be made compulsory from the 24 July, it is set to be officially announced later today (14 July). It is thought that those who are found to be flouting the new rules may be faced with a fine of up…
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9 JulyOnline & Digital
OnBuy preps for global expansion
OnBuy has announced it will launch globally this summer, after securing a £5m investment. It comes as the online marketplace said it has seen “record sales” increase by 1100% in the past year, and now expects to be turning over £2bn in sales by 2024. The retailer said it will…
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