Wales
This coverage highlights retail developments and economic trends specific to Wales, examining store openings and closures, regional sales performance, employment issues, and policy changes affecting the retail sector. Reporting provides retail managers and executives with insights into the unique challenges and opportunities shaping retail operations across Welsh towns and cities.
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Jun- 2022 -21 JuneHigh Street
Savoir Beds announces new managing director
Savoir Beds has announced the appointment of Nicholas Alexandre as its new managing director, effective June 2022. Alexandre will succeed Alistair Hughes, who will share his time between Savoir and his re-wilding project in Wales, UK. As co-owner of Savoir, Hughes has been at the helm of the brand and…
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10 JuneSupermarkets
Morrisons welcomes CMA’s green light for CD&R takeover
Morrisons welcomed the announcement today by the Competition and Markets Authority (CMA) that it has accepted the undertakings given by CD&R in relation to its acquisition of Morrisons. The regulator gave the takeover the green light for the £7bn takeover after agreeing to CD&R’s offer to sell a number of…
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May- 2022 -31 MayHigh Street
Violence and abuse against retail workers tripled over pandemic
Retail workers were subjected to a “huge” rise in violence and abuse over the pandemic, with incidents almost tripling to 1,301 per day in 2020/21, compared to 455 in 2019/20 according to the British Retail Consortium (BRC). The BRC’s crime survey found that of the 1,301 incidents recorded every single…
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4 MayNews
Morrisons’ new owner to sell 87 petrol stations to complete £7bn deal
Morrisons’ new owner, Clayton, Dubilier and Rice Holdings LLC’s (CD&R), is set to sell 87 of its petrol stations to address competition concerns raised by the Competition and Markets Authority (CMA) on its £7bn takeover of the supermarket. Following its investigation, the CMA raised the competition concerns in relation to…
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Apr- 2022 -29 AprilPeople Moves
New West End Company CEO to step down
New West End Company CEO Jace Tyrrell is set to step down from his role this October, after six years at the head of the group, as he returns to his native Australia to lead its first Business Improvement District – The New Sydney Waterfront Company. According to the group,…
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8 AprilSupermarkets
CD&R offers to sell petrol stations in bid to push through Morrisons deal
CD&R has offered to sell a number of its petrol forecourts in order to push through its £7bn acquisition of Morrisons and receive approval from the Competition and Markets Authority (CMA). It comes as CD&R is also the owner of the Motor Fuel Group (MFG), the largest independent operator of…
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Mar- 2022 -15 MarchOnline & Digital
Annual quest to find the UK’s fastest growing online retailers begins
Despite restrictions easing, the pandemic appears to have altered our shopping habits forever. The boom in online shopping during the coronavirus pandemic has seen many of us become increasingly more comfortable shopping online, with global e-commerce jumping to $26.7trn (£20.4trn). New data from Brightpearl, a popular operating system for retailers,…
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Feb- 2022 -22 FebruaryNews
Storm Eunice curtails footfall rise
Storm Eunice “heavily impacted” footfall across the UK, with a -3.8% decline from the week before and drops in all three destination types, according to retail experts Springboard. However, it said the distortion created by the weather meant that the result between Sunday and Thursday was “wholly different from Friday…
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18 FebruaryEconomy
End of free Covid tests will harm workers, Union warns
Ending free tests and self-isolation rules, along with no masks, represents a “triple whammy” for Covid safety in stores, according to Usdaw Shoppers Union. It comes after news that government ministers are planning to stop supplies of coronavirus tests to universities in England, in the first case of ending the…
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Jan- 2022 -7 JanuaryHigh Street
Poundland unveils plans to open four larger stores
Poundland has announced plans to open four new large format stores this year as part of its “ambitious” transformation targets. The retailer also revealed plans to bring its chilled and frozen food ranges to around 100 more stores between now and the end of its financial year in September. The…
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