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.
-
Jan- 2021 -28 JanuarySupermarkets
Lidl swings to £13.6m after tax loss
Lidl has reported losses after tax of £13.6m for the year ending in February 2020, following the group’s heavy investment into growing its workforce and store estate. It comes as the discount retailer reported revenues of £6.9bn as it attracted a new found customer base. Nonetheless, the slump comes as…
Read More » -
Nov- 2020 -5 NovemberSupermarkets
Sainsbury’s to axe 3,500 jobs
Sainsbury’s has warned that 3,500 of its staff could be made redundant across its supermarket counters and Argos stores, in what is a major restructuring of the business. The supermarket said it has now closed all of its meat, fish and deli counters due to “reduced customer demand”, adding that…
Read More » -
Oct- 2020 -27 OctoberClothing & Shoes
Quiz swings to loss as online sales fall
Quiz has swung to a loss of £3.7m in the full-year ended 31 March 2020, against a profit of £0.6m the previous year. In its latest preliminary results, the clothing retailer also confirmed that group revenue fell by 10%, while underlying EBITDA fell to £0.6m for the full-year, against the…
Read More » -
Sep- 2020 -21 SeptemberClothing & Shoes
Superdry swings to £42m loss in full-year results
Superdry announced it has swung to a pre-tax loss of £41.8m in the full-year ended 25 April, 2020, with underlying profit before tax down by 210% against the prior year. In addition, total revenue fell by 19.2% to £704.4m in the period, reflecting a “planned move away” from persistent discounting,…
Read More » -
9 SeptemberClothing & Shoes
New Look seeks support from landlords as CVA deadline approaches
New Look is calling on its landlords to support a restructuring plan to reduce rent paid on retail sites, after it failed to attract a buyer for the business. The CVA is set to be considered at a meeting on 15 September. A successful vote will see the financial restructuring…
Read More » -
Aug- 2020 -25 AugustOnline & Digital
M&S trials drive-through click and collect
Marks and Spencer has announced it has partnered with Doddle to trial a new click and collect drive-through service. As part of its Never the Same Again programme outlined at its full year results in May, Marks Spencer said it is “accelerating its transformation” with ambitions to create a store…
Read More » -
11 AugustClothing & Shoes
New Look eyes second CVA deal
Embattled fashion retailer New Look is reportedly planning to launch a second CVA that will ask its landlords to switch to a turnover-based rent system. According to reports it is set to appoint ‘Big Four’ accountancy firm Deloitte to negotiate with over 450 landlords across its 480 store estate. It…
Read More » -
Jul- 2020 -2 JulyClothing & Shoes
Arcadia to cut 500 head office jobs
Arcadia has revealed it is set to cut around 500 head office roles due to the impact of the coronavirus pandemic. The group reportedly informed staff in an email on Wednesday around a fifth of its 2,500 head office staff would be affected by the restructuring. Reports suggest that the…
Read More » -
Jun- 2020 -10 JuneClothing & Shoes
Quiz places loss-making stores into administration
Quiz has revealed it is placing the division that runs some of its loss-making stores into administration. Quiz said that in order to “protect the future” of the company it has decided to appoint joint administrators from KPMG to the group’s 82 standalone stores in the United Kingdom and the…
Read More » -
May- 2020 -15 MayCoronavirus
Poundland to reopen 36 stores across the UK
Discount chain Poundland has revealed it is set to open 36 stores across the UK next week as it begins to reopen its store estate. While most of Poundlands stores have remained open for “essential” shopping, In March, the retailer closed around 100 stores that were located close to another…
Read More »
