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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Jul- 2023 -7 JulySport & Leisure
JD Sports to acquire remaining shares of ISRG for €500m
JD Sports has announced its intention to acquire the remaining 49.98% shares in Iberian Sports Retail Group (ISRG) that are currently held by Balaiko Firaja Invest and Sonae Holdings for a total of €500.1m (£427.1m). The acquisition will be funded from the group’s existing available cash resources, and upon completion,…
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Jun- 2023 -6 JuneClothing & Shoes
Pepco profits dip despite revenue surge
Pepco has reported a 6% decrease in profit before tax from €144m (£124m) down to €134m (£115m) during the six months ended 31 March 2023. Despite this the company saw a 22% increase in its revenue from €2.4bn (£2.07bn) to €2.8bn (£2.41bn) on a constant currency basis. The retailer put…
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May- 2023 -18 MayHigh Street
Pepco continues international expansion
Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner is set to open a new store in Coimbra on 18 May followed by new openings in Albufeira and Olhão during May 2023. The brand will also set up stores…
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Apr- 2023 -20 AprilHigh Street
WH Smith revenues soar 41% amid rebound in travel
WH Smith has welcomed a strong performance in the first half of the year, with revenues rising by 41% to £859m, in part boosted by strong momentum in its Travel division, where revenues were up by 75% against the prior year. The group’s global Travel business benefited from a “significant”…
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Mar- 2023 -28 MarchNews
Matalan appoints new CEO and chair
Leading omnichannel fashion and homeware retailer Matalan has announced the appointment of Jo Whitfield OBE as CEO of the company and Karl-Heinz Holland as chair. Holland previously spent 23 years at Lidl Group, six of those as CEO. He also served as CEO of DIA Group, a leading network of…
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22 MarchDepartment Stores
Porcelain Superstore’s sales rise to £16m
Online tile retailer Porcelain Superstore has reported a rise in sales to £15.9m from £15m in 2021, recording its eighth consecutive year of growth despite supply chain issues. Sales for 2021 totaled £15m, more than doubling the £6.65m recorded during 2020. The amount in 2019 was £3,706,000, a significant rise…
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21 MarchDIY
Kingfisher FY22 performance suffers amid strong FY21 comparables
Kingfisher has revealed its post tax profits fell 44% to £471m for the full-year period ended 31 January 2023. The company posted sales of £1.30bn, down 0.9% from the £1.32bn it posted the previous year. It also posted gross profits of £4.8bn down 2.8% from £4.9bn last year and operating…
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Feb- 2023 -27 FebruarySupermarkets
Supermarket bosses set for talks with gov over food shortages
The government has reportedly summoned the UK’s supermarket bosses for talks in order to find a solution to stop food shortages across the UK. According to the Sun on Sunday, Food Minister Mark Spencer is to host talks with bosses in order to avoid food shortages which has caused a…
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22 FebruarySupermarkets
Asda and Morrisons ration fruit and veg amid supply shortages
Asda and Morrisons have restricted the amount of certain fruit and vegetables that customers can purchase amid ongoing supply shortages for fresh produce. Asda has limited tomatoes, peppers, cucumbers, lettuce, salad bags, broccoli, cauliflower and raspberries to three of each item per customer. Similarly, Morrisons said it would introduce a…
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2 FebruaryAdvice
What does France’s new environmental legislation mean for UK retail?
When it comes to environmental legislation, France is a pioneer. A decade ago, it became the first country to introduce extended producer responsibility (EPR) for textiles and furniture; last year, it added sports equipment, toys, and DIY and gardening equipment to the list. All retailers trading in France – large…
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