Store Estate
This coverage examines UK retailers’ store estate strategies, including site selection, portfolio optimisation, leasing decisions, openings, closures, and location analytics. Reporting highlights how businesses shape physical footprints to balance cost efficiency, customer accessibility, and market growth — offering insight for executives, real estate managers, and operations professionals responsible for retail property planning.
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Oct- 2021 -6 OctoberSupermarkets
Tesco profits double in H1 amid ‘resilient’ performance
Tesco has revealed that pre-tax profits rocketed 107% to £1.14bn for the six-months ending 28 August 2021, despite supply chain issues affecting much of the grocery sector. Revenue also grew by 5.9% to £30.4bn, largely boosted by a “significant” recovery in travel driven by the easing of government restrictions earlier…
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1 OctoberSupermarkets
Tesco to launch InPost partnership across estate
Tesco has announced a new nationwide partnership with out-of-home and e-commerce delivery company InPost, which will see InPost’s automated parcel machines (APMs) deployed across Tesco’s entire large-format store estate in the UK. The new rollout is set to reach up to 500 large-format sites by the end of November, and…
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Sep- 2021 -29 SeptemberClothing & Shoes
Quiz sees FY21 losses widen to £9.6m
Fashion retailer Quiz has seen its losses widen to £9.6m for the year ending 31 March 2021 compared with a previous year’s loss of £3.1m. Revenue also dropped by 66.4% to £39.7m from £118m in 2020 and reflects the impact of the prolonged lockdowns and curtailment of social occasions through…
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7 SeptemberClothing & Shoes
Ted Baker Q2 revenues rise 50%
Ted Baker has reported that a 50% YOY increase in group revenues for the 16-week period from 25 April 2021 to 14 August 2021, as the company snapped back from the material negative impact of Covid-19. Trading momentum continued to build through the period, with the last four-week exit rate…
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Jul- 2021 -20 JulyHigh Street
The Works welcomes ‘resilient’ FY performance despite sales hit
The Works has announced that total revenue fell by 19.7% to £180.7m in the year ended 2 May 2021, down from £225m the year before, as the group was affected by ongoing store closures amid the national lockdowns. Nonetheless, the group said it welcomed a “resilient” performance, with store like-for-like…
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13 JulySupermarkets
Sainsbury’s opens new site in Hamilton
Sainsbury’s has announced the opening of a new local store in Hamilton. The 2,300 sq. ft store will be open to customers from 7am-11pm Monday through to Sunday, and will sell a range of grocery goods as well as coffee from a self service machine. Sainsbury’s has said it is…
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12 JulyOnline & Digital
Nordstrom acquires minority stake in Topshop brands
ASOS has formed a joint-venture with Nordstrom, which will see the US department store chain invest in a minority interest of the Topshop, Topman, Miss Selfridge and HIIT brands. The UK online fashion retailer, which acquired the brands earlier this year, said the move will “help drive the growth” of…
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5 JulyHigh Street
Bestway FY20 losses climb 32% to £8.2m
Bestway Group, the owner of Bargain Booze, Wine Rack, and Central Convenience, saw its FY20 losses climb over 32% year-on-year to £8.2m. The wholesaler and retailer of beers, wines, spirits, tobacco, grocery, and confectionary products saw the increased losses despite group revenues rising 2.4% year-on-year to £388.5m for the year…
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Jun- 2021 -30 JuneHigh Street
Cake Box FY21 revenue climbs 16.9% to £21.9m
Cream cake retailer Cake Box saw revenues spike 16.9% year-on-year to £21.9m for the full year ended 31 March 2021. The group’s adjusted pre-tax profit also jumped in the period, up 24.8% from £3.8m in FY20 to £4.7m in FY21. Cake Box’s strong performance was driven by an 84% growth…
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10 JuneHigh Street
Card Factory swings to £16.4m loss in 2020
Card Factory has reported a pre-tax loss of £16.4m for the full-year ending 31 January 2021, down from £65.2m profit the previous year, as the company continued to be affected by the Covid-19 pandemic and ongoing lockdowns. Revenue plummeted 36.9% to £285.1m in the period, down from £451.5m in 2020,…
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