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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Feb- 2024 -28 FebruaryM&A
Jollyes acquired by TDR Capital
Jollyes has been acquired by TDR Capital from previous owners Kester Capital, for what Kester calls a 4.2x return on investment. The investment, expected to be completed by the end of March, will enable Jollyes to continue to grow its store estate at pace. Upon completion of the deal TDR…
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20 FebruaryHealth & Beauty
The Body Shop to reduce store estate by almost half as part of restructuring
FRP Advisory has announced that it expects keep “more than half” of the The Body Shop’s 198 store open at the end of its restructuring plans amid news it is closing seven stores today (20 February) in a bid to secure the future of the retailer. After years of unprofitability…
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1 FebruaryNews
Today’s news in brief-1/2/24
Lloyds Pharmacy, now known as Diamond DCO Two Limited, entered voluntary liquidation, owing £293m to 514 creditors. The liquidation process will be handled by Martin Armstrong and Andrew Bailey of Turpin Barker Armstrong Accountants. The majority of the debt is owed to current and former owners, including Diamond DCO One,…
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1 FebruaryHealth & Beauty
Lloyds Pharmacy enters voluntary liquidation
Lloyds Pharmacy has entered voluntary liquidation owing its 514 creditors over £293m. As first reported by Chemist and Druggist, the company – which is now known as Diamond DCO Two Limited – filed documents for voluntary liquidation with Companies House on 22nd January. The documents reveal it has appointed Martin…
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Jan- 2024 -16 JanuaryHealth & Beauty
Superdrug sales rise 9.2% in December
Superdrug has experienced a strong Christmas trading period, as total sales rose 9.2% in the four weeks ended 30 December and like-for-like sales rose 7.1%. The retailer attributed its continued focus on its online and in-store offering, as well as investment in providing “high performance” products at an affordable price. …
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4 JanuaryNews
Mamas & Papas sales rise 17%
High street nursery brand Mamas and Papas has reported sales rose by 17% in the 13 weeks to 31 December. The retailer said a record Black Friday performance, which saw year on year sales increase 18% over the three-week period, provided “significant trading momentum heading into the crucial Christmas period”,…
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Nov- 2023 -28 NovemberNews
Topps Tiles PBT falls to £6.8m despite record revenues
Topps Tiles has revealed its profit before tax fell 37.6% to £6.8m in FY23 despite reporting a third consecutive record year of revenues as they increased 6.3% to £262.7m. The retailer said that sales per store were up 30% compared with pre-pandemic levels due to further improvements to its customer…
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Oct- 2023 -30 OctoberHigh Street
Cake Box appoints new chairman
Cake Box has announced the appointment of Martin Blair, currently non-executive director, as its new chairman. The appointment of Blair follows a thorough recruitment process carried out by the board over the last few months during which a number of external candidates were interviewed. Blair will succeed Nilesh (Neil) Sachdev…
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24 OctoberSport & Leisure
Angling Direct revenues up 11.4% in H1
Fishing and tackle equipment retailer, Angling Direct, revealed that group revenues increased by 11.4% to £43.3m in the six months ended 31 July. This comes as the group’s retail store estate experienced another strong period of growth, with total store sales increasing by 11.3% against H1 FY23. Meanwhile, UK online…
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19 OctoberDIY
Dunelm eyes increased market share amid strong Q1
Dunelm has seen sales rise by 9% to £390m in the first quarter of the year, following a strong period of growth that was largely driven by volume, amid plans to further its market share. The group welcomed a strong performance in both its stores and digital channels, with the…
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