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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May- 2018 -18 MayHigh Street
Carpetright to issue shares to raise £60m fund ahead of CVA
Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and recovery plans. The carpet retailer is planning to issue off 232,463,221 new ordinary shares by way of a placing and open offer at a price of 28 pence per new…
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17 MayHigh Street
Mothercare to shut 50 shops and restore CEO Mark Newton-Jones
Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with around 800 jobs axed. As part of its restructuring plan the parenting retail chain confirmed that a further 21 stores will see a rent reduction. Former CEO Mark Newton-Jones is…
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Apr- 2018 -12 AprilHigh Street
Mothercare reports drop in Q4 like-for-like sales
Embattled retailer Mothercare has revealed its UK like-for-like sales declined by 2.8% in the group’s Q4 results. However, online sales grew by 2.1%, with website sales growing by 7.2%. Online sales within the period represented 49% of UK sales, bringing the fiscal year to 43%. International retail sales were 3.7%…
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12 AprilNews
Rise in profits for Central England Co-operative despite “challenging trading environment”
Central England Co-operative has announced its year end results, to 27 January 2018. Gross sales and operating profit were up compared to the previous year despite the Society operating in “a challenging and highly competitive trading environment.” Growth at the member-owned co-operative business has been driven by continued strong sales…
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Mar- 2018 -22 MarchHigh Street
New Look’s CVA to shut 60 stores with 980 jobs axed
Clothing and fashion retailer New Look is set to close 60 out of its total 593 stores, alongside a further six sites which are sub-let to third parties, following poor operational performance. The firm announced that a Company Voluntary Arrangement (CVA) launched on 7 March 2018 has been approved by…
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7 MarchClothing & Shoes
New Look announces CVA proposal, 980 staff at risk
Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores, reduce rental costs and potentially make up to 980 staff members redundant. Under the proposal, the fashion retailer has identified 60 out of its total 593 stores in the UK…
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Jan- 2018 -12 JanuaryEconomy
B&M reports sales increase of 22%
Discount retailer B&M has reported an increase in total sales of 22.7% on a constant currency basis, which were boosted by record Christmas trading. On an actual currency basis, total sales climbed by 22.9% to £969.8 million. UK sales revenue for the B&M store estate in the 13-week period…
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