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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Jun- 2021 -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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May- 2021 -19 MayAnalysis
The Great Covid Experiment – Is the Pure-play Retailer Dead?
A year of enforced change in buying habits where pretty much everything went online is set to revert to “the new normal”. Yes, the Covid pandemic accelerated the shift to online; but is the future of retail really digital only? While in the short to medium term, there will remain…
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18 MayDepartment Stores
M&S reshuffles senior exec team amid new COO appointments
M&S has announced a reshuffling amongst its senior management team with both Katie Bickerstaffe and Stuart Machin becoming joint chief operating officers. Machin will continue in his role as managing director of food but also take oversight responsibility for operations, property, store development and IT. In addition, Bickerstaffe will give…
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14 MayHigh Street
The Works sales plunge 19% in FY21
The Works has reported a 19% sales drop for the 53 weeks to 2 May, resulting in £206.2m in overall sales. This result comes after the retail chain saw its sites closed over the past year due to Covid-19 lockdowns, which it attributed to the financial outcome. During the period,…
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11 MayClothing & Shoes
Joules raises full-year guidance amid ‘encouraging’ trading
Joules has announced it has raised both its revenue and pre-tax profit guidance after being “encouraged” by recent momentum across its retail channels. In its latest update for the 11 months to 2 May 2021, the group said it has continued to deliver a “positive performance” across its retail channels…
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6 MayClothing & Shoes
Superdry revenue slumps 21% in full-year results
Superdry saw revenue fall 21% to £556.6m in the full-year ended 24 April 2021, despite witnessing a slight growth of 0.8% in its final quarter as restrictions began to ease across the UK. While store revenue was down by 50.9% to £140.9 amid ongoing store closures in the period, this…
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Apr- 2021 -23 AprilHigh Street
River Island partners with DCK Group
River Island has announced a partnership with DCK Group, an independent fashion jewellery business for its new jewellery range. The collection comprises 380 pieces and is available online and across River Island’s 254 store estate. The jewellery features hoop earrings and layering necklaces, in addition to a collection of seasonal…
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19 AprilClothing & Shoes
Nike warns retail partners to cut down on reselling
Sportswear giant Nike has reportedly warned its retail partners it will cut off the supply of limited edition trainers to their stores if they don’t crack down on staff enabling resellers. According to the Sunday Times, Nike has told its retail partners they face “supply curtailment” if they don’t stop…
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13 AprilClothing & Shoes
Quiz revenues plummet 66% amid store closures
Quiz has revealed that total revenues plummeted 66% to £39.7m in its FY21 trading update, as the fashion group was impacted by prolonged periods of store and concession closures. The group also cited the pandemic’s “detrimental” impact on demand for its trademark occasionwear, as social events and activities came to…
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12 AprilHigh Street
Hundreds of Bonmarché jobs at risk amid reports some stores may never reopen
Hundreds of jobs at Bonmarché are reportedly at risk as administrators struggle to decide how many stores should open as the ban on non-essential retail lifts. According to The Telegraph, administrators RSM have been “reviewing” options for the company’s 148 store estate – noting that many of the stores may…
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