Turkey
This coverage explores the dynamics of Turkey’s retail market, offering valuable insights into trends, key players, and growth projections. With significant growth in organised retail and e-commerce, the sector is positioned to expand rapidly, mirroring some of the shifts seen in the UK retail market. Retail professionals and business executives in the UK can gain a global perspective on market strategies and challenges, with a focus on the rise of dominant players like BİM and Migros, which may influence UK-based retailers exploring expansion opportunities in emerging markets like Turkey.
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Nov- 2023 -14 NovemberHealth & Beauty
Avon to open its first UK physical stores
Avon has announced that it is set to open physical stores in the UK for the first time in its history. For the majority of its 137 year history Avon has relied on door to door salespeople to sell its goods but that is set to change. This news comes…
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Aug- 2023 -23 AugustNews
Getir to cut roles amid global restructuring
Getir, the ultrafast grocery delivery company, has announced a global restructuring to significantly increase “operational efficiency”, with plans to reduce its team and lay off almost 2,500 employees across its markets. The Getir network currently consists of roughly 23,000 people across five countries including couriers, pickers, and office employees. Following…
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Jul- 2023 -13 JulyClothing & Shoes
Mango sales surge 20% in H1
Mango, the Barcelona-based global fashion company, has revealed its turnover jumped 20% to €1.45bn (£1.24bn) in the first six months of the year. The performance comes as the company’s online sales increased almost 10% compared with the same period the previous year. Up until 30 June, the company’s online business…
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Jun- 2023 -16 JuneFeatures
Shein pop-ups are worrying for independent fashion retailers
Fast fashion giant, Shein, hit the headlines once again to announce the introduction of around 30 pop-up shops located in major cities across the UK, offering a variety of clothing items, accessories, and homewares that were traditionally sold via its popular online store. However, despite its widespread popularity among people…
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Dec- 2022 -14 DecemberClothing & Shoes
Shein considers becoming online marketplace
Shein is reportedly considering becoming an online marketplace platform, in a move that would enable third-party merchants to sell directly to customers, according to a memo seen by The Wall Street Journal. The move would see the online retailer expand its business beyond selling its own brand apparel. According to…
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Apr- 2022 -21 AprilClothing & Shoes
Zoa Rental continues growth with launch of two new rental brands
Zoa Rental has announced the launch of two new female-fashion brands, DCEY and Cloan, for its Spring/Summer 22 season. Zoa Rental, a UK based rental-as-a-service provider, launched in 2021 it now powers 7 UK rental services with more launches expected imminently. DCEY is Turkey’s leading fashion rental platform, and now…
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Jan- 2022 -25 JanuaryOnline & Digital
Getir to create 6,000 UK jobs in 2022
Getir, a rapid grocery delivery app, reportedly expects to create up to 6,000 jobs in the UK this year alone. According to Sky News, the Turkey-based start-up has already created 4,000 jobs in the country, a figure that is expected to rise to 10,000 by the end of 2022. The…
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10 JanuaryNews
Aldi hails ‘best ever’ Christmas
Aldi has reported its “best ever Christmas”, after it revealed the return of Kevin the Carrot in its festive television ad helped attract half a million new shoppers in December. Sales in December rose 0.4% compared to the previous year, when grocery spending was higher than usual due to the…
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Dec- 2021 -2 DecemberComment
Snatching peak from the jaws of Amazon
Consumer shopping habits this peak season are already unlike anything the industry has seen before. A slow burn, ultra-cautious approach that could well lead to a last-minute rush – a rush that Amazon thinks it’s going to win. The conventional wisdom – as far as convention can be wise in…
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Oct- 2021 -11 OctoberHigh Street
Poundland owner names new chief operating officer
Pepco Group, the owner of budget retailer Poundland, has announced the appointment of Trevor Masters as the group’s chief operating officer (COO), effective from 1 January 2022. Masters will be based in Poland and retain his current leadership responsibilities as managing director (MD) as well as providing “strategic direction and…
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