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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Mar- 2023 -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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Dec- 2022 -1 DecemberClothing & Shoes
Primark invests €100m into Spanish expansion
Primark has announced an investment of €100m (£86m) in the Spanish market including opening eight new stores and creating 1,000 jobs. The company will spend €80m (£69m) on opening the eight new stores and extending one existing store over the next two years. There are also plans to spend €20m…
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Nov- 2022 -24 NovemberDIY
Kingfisher lowers upper end of FY guidance
Home improvement retailer Kingfisher has lowered its upper guidance for its FY 22/23 pre-tax profit range despite seeing an increase in sales for the three months to October 31. The B&Q owner said it now expects its FY adjusted pre-tax profits to come in between £730m to £760m. However, overall…
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Oct- 2022 -17 OctoberClothing & Shoes
JD Sports increases stake in Deporvillage to 98%
JD Sports has announced the acquisition of an additional 18% holdings in the shares in sports equipment retailer, Deporvillage SL, for €19.8m (£17.1m). The sale was conducted by Iberian Sports Retail Group, JD’s Spanish holding company, from Xavier Pladellorens and Àngel Corcuera (co-founders). Following the transaction, ISRG now owns…
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Jul- 2022 -25 JulyComment
Pure London puts spotlight on Valencian footwear
Ariadna Vilalta on behalf of IVACE said: “Spanish footwear brands from the Valencia region are prestigious and recognised worldwide for their craftmanship, natural materials, quality, and generations of artisan-makers. There is an amazing connection between Spain and UK countries, and the Spanish footwear offer is well-known for its high quality,…
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4 JulyNews
Pret H1 revenues surge 230% to £357.8m
Pret A Manger has reported that its half year (H1) revenues in 2022 has grown by 230% year-on-year to £357.8m, up from £155.4m in H1 2021, and up by 160% from £223.4m in 2020. May saw revenues across the UK surpass 2019 levels for the first time, with “particularly strong”…
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