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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Mar- 2025 -19 MarchClothing & Shoes
Office sees profits top £100m amid improved trading and new stores
Footwear retailer Office has seen its full-year pre-tax profits more than double to £102.4m as it experienced better trading conditions and expanded its store estate. According to its latest accounts filed with Companies House, its revenues for the 52-weeks ended 30 June 2024 increased to £294.3m, up from £265.4m the…
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6 MarchNews-In-Brief
Today’s news in brief-6/3/25
Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand, which drives the majority of its earnings. Despite a 1.5% increase in group like-for-like sales in early 2025, Poundland has struggled with declining performance, exacerbated by a challenging UK retail…
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6 MarchClothing & Shoes
Abercrombie and Fitch sales rise 16% amid modest 2025 expectations
Abercrombie and Fitch has revealed that its net sales increased 16% to $4.95bn (£3.85bn) for the year ended 1 February 2025. It comes as the clothing retailer also saw its operating income rise 15% year-on-year to $740.8m (£575.5m). Despite this, the company has set modest expectations for 2025 as it…
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Feb- 2025 -4 FebruaryPeople Moves
HMV appoints new commercial director and head of marketing
HMV has appointed David Athey to the new role of commercial director and Kate Longbottom as the new head of marketing. The two new roles have been created as Patrizia Leighton, HMV’s marketing and commercial director, has decided to leave the business after a 12-year career at the retailer. Athey…
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Jan- 2025 -31 JanuaryHealth & Beauty
Superdrug appoints new property director
Superdrug has appointed Clare Jennings as its new property director, following the retirement of Nigel Duxbury. Jennings will take over from Duxbury on 2 May 2025 and will become the third female executive on the twelve board of directors at Superdrug, following the promotions of Amy Davies to people director…
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13 JanuarySupermarkets
Poundland invests in security enhancements
Poundland has announced that it has invested “significantly” in its shop floor security as part of its Against Retail Crime initiative. Part of this investment will equip its 800-plus store estate with anti-theft innovation to deter shoplifting including communication headsets for staff. It will also be giving its contracted security…
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6 JanuaryClothing & Shoes
New Look to speed up planned closures ahead of tax changes
New Look is reportedly set to permanently shutter roughly a quarter of its 364 stores when leases expire, putting some of its 8,000 staff at risk, according to The Times. While the retailer has restructured its store portfolio twice in the past six years and downsized from 600 UK stores…
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Dec- 2024 -24 DecemberSupermarkets
Aldi to invest over £40m in Scotland over next two years
Aldi is set to invest over £40m into its Scottish store estate over the next two years, with three new sites set to open in 2025.Arbroath, Baillieston and Kirkintilloch stores are set to open next year, while its Carluke, Glenrothes and Stirling stores will undergo a refurbishment. The company said…
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Nov- 2024 -18 NovemberSport & Leisure
Go Outdoors swings to pre-tax loss of £1.5m
JD Sports-owned brand Go Outdoors has reported a pre-tax loss of £1.5m for the 53 week period ended 3 February 2024. The group attributed its pre-tax loss to a disproportionate increase in costs compared with the previous period due to increased staffing and distribution costs, reflecting national wage changes and…
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Oct- 2024 -30 OctoberHealth & Beauty
Young care leavers to make up 5% of Superdrug’s workforce by 2030
Superdrug has pledged its support of young care leavers this National Care Leavers Week – 28 October to 3 November – as it announces its ambition for care experienced young people to make up 5% of its workforce by 2030. The health and beauty retailer will also give care leavers…
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