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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Jul- 2019 -4 JulyHigh Street
The Works FY19 revenues jump 13.2%
Stationery retailer The Works has reported a 13.2% increase in revenues in its preliminary results for the 52 weeks ended 28 April 2019. The retailer posted positive like-for-like growth of 3% during the period, driven by growth both in stores and online, and adjusted EBITDA increased by 4.2% to £13.8m.…
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Jun- 2019 -25 JuneDIY
Carpetright restructure bears fruit amid return to sales growth
Carpetright has reported its business turnaround is “on track” amid an “encouraging return to positive like-for-like sales growth”. The carpet retailer revealed in a trading update for the year ending 27 April 2019, that despite a “challenging first half” with group like-for-like revenues down 12.7%, UK like-for-like sales in the…
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25 JuneClothing & Shoes
New Look reports £522m loss amid cost saving efforts
Fashion retailer New Look has reported a statutory loss before tax of £522.2m in its full year results for the 53 Weeks to 30 March 2019. This was compared to the previous year’s loss of £190.2m, however the company said this was “principally driven” by £423.3m goodwill and brand impairment…
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19 JuneHigh Street
Dreams posts sales and profits growth for fifth consecutive year
Bed retailer Dreams has reported an increase in both sales and profits for the fifth consecutive year. In its full-year results for the year ending 24 december 2018, Dreams recorded a 2.9% increase in sales to £309m, up from £300m the previous year. Group profits before tax was also up…
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Mar- 2019 -13 MarchElectrical
Dixons Carphone fined £29m for mis-selling ‘Geek Squad’ product
The Financial Conduct Authority (FCA) has fined Carphone Warehouse £29,107,600 for failings that led to the mis-selling of ’Geek Squad’, a mobile phone insurance and technical support product. The watchdog found The Carphone Warehouse failed to give its sales consultants “the right training to give suitable advice” to customers purchasing…
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Jan- 2019 -21 JanuaryHigh Street
Chapelle enters administration
Jewellery and watch retailer Chapelle has entered into administration, four years after it was sold to HMV owners Hilco UK. Philip Duffy and Sarah Bell of accountancy firm Duff & Phelps have been appointed as administrators of both Mortimer Management Group and The Jewellery Outlet, which makes up Chapelle. The…
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15 JanuaryHigh Street
M&S store closures to affect 1,045 jobs
Marks and Spencer has confirmed 17 stores which are set to close within its plans to shutter over 100 stores to “reshape” its estate and become more relevant to customers. These closures are expected to affect 1,045 jobs and the retailer said it will enter a period of consultation with…
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7 JanuarySupermarkets
Aldi posts ‘record’ Christmas sales
Budget supermarket chain Aldi has has reported sales of almost £1bn for the month of December 2018, 10% higher than the previous year. The group said the week commencing 17 December was Aldi’s “busiest-ever in the UK”, and added that the strong sales performance was driven by a “surge in…
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Aug- 2018 -21 AugustHigh Street
Office Outlet announces CVA proposal
Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part of its ongoing turnaround strategy. The retail chain formerly known as Staples has spent the last two years performing an operational restructuring which it said has “significantly improved” its store…
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Jun- 2018 -19 JuneClothing & Shoes
Bonmarché’s £8m profits fight off ‘challenging trading conditions’
Bonmarché has fought off “challenging trading conditions” affecting many high street retailers by posting a 38% increase in profit before tax to £8m in its latest preliminary results for FY18. The women’s clothing retailer reported a surge in profits despite a fall in revenue from £190m to £186m. Store like-for-like…
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