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- 2023 -20 FebruarySupermarkets
Aldi eyes London store estate expansion
Aldi has announced it is looking to increase its presence in London and around the M25 as part of a multi-million pound expansion plan. The supermarket has pledged to almost double its 60-strong estate within the M25 and create around 2,400 jobs. Aldi currently has more than 990 stores across…
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16 FebruaryHigh Street
500 jobs at risk at New Look distribution centre
New Look is reportedly planning to axe up to 500 roles at its distribution centre in Lymedale, Newcastle-under-Lyme, Drapers has reported. It comes as the brand has been forced to shut down night shifts due to a reduction in its store portfolio over the last several years. According to Drapers,…
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Jan- 2023 -31 JanuarySupermarkets
Tesco in talks to acquire paperchase out of administration
Tesco is reportedly close to acquiring stationery retailer Paperchase out of administration. According to Sky News, Tesco is in advanced talks to acquire the name and intellectual property of the embattled retailer in a deal that could be agreed as early as Today (31 January). Sky News cited that sources…
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10 JanuaryHigh Street
The Fragrance Shop reports ‘record sales’ amid 11% increase
The Fragrance Shop has announced that it saw an 11.2% increase in underlying sales in the six weeks ending 31 December 2022, compared with the same period the previous year. The company said the “record” sales performance was fuelled by popular new fragrance launches, such as Paradoxe by Prada, Fame…
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6 JanuaryHealth & Beauty
Boots Q1 sales driven by ‘record’ Black Friday
Boots has welcomed a strong performance in its first quarter of trading, with like-for-like sales up by 8.7%, in part bolstered by a “record-breaking” Black Friday which saw boots.com report its biggest ever day of sales. Store sales were also up by 13% on Black Friday, with No7, Electrical Beauty…
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Nov- 2022 -28 NovemberHigh Street
Primark to invest £140m in UK stores over next two years
Primark has unveiled plans to invest £140m over the next two years in its UK store estate. This will include the opening of at least four new stores in Bury St Edmunds, Craigavon, Salisbury and Teesside Park. The investment creates at least 850 new jobs and increases selling space by…
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9 NovemberSupermarkets
M&S profits fall by 24% in H2
Marks and Spencers has seen its profit-before-tax fall by 23.7% to £205.5m in the second half of the year. Nonetheless, it revealed that its food offering “outperformed” both in value and volume in the UK as its sales grew 5.6% in its half year results ended 1 October 2022. It…
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1 NovemberTechnology
Ocado partners with South Korea’s Lotte Shopping
Ocado Solutions has entered the South Korean market following a new partnership with Lotte Shopping, which will aim to develop Lotte’s online business with the Ocado Smart Platform. Lotte Shopping is the largest retail affiliate of Lotte Group, a South Korean-based multinational conglomerate, with interests spanning retail, food, hotels and…
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Oct- 2022 -12 OctoberNews
Angling Direct H1 profits drop 69.8%
Angling Direct has reported that its pre-tax profits dropped 69.8% from £3.7m to £1.1m for the six months ended 31 July 2022 (H1 FY23), and gross profits decreased 6.5% from £14.4m to £13.4m. Angling Direct said that due to the challenging and highly volatile trading conditions the company faces, and…
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Sep- 2022 -27 SeptemberHigh Street
Card Factory sales soars as high street business rebounds
Card Factory has welcomed revenue growth of 4.1% in its half-year results, following “good momentum within the business” as well as a “shift of customer spend back towards the high street and reversal of lockdown effects”. As customers returned to the high street, store revenue soared by 81.8% in the…
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