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Retail development Trinity Leeds, developed by Land Securities, opened its doors on 21 March 2013 with more than 70 retailers ready for business. The development is set to revitalize retail in Leeds, with more than 40 big names coming to the city for the first time.
Published By Datamonitor
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21 Mar 2013 |
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Ever-cautious UK grocer Morrisons has finally made a commitment to launch into online grocery retail by January 2014. Furthermore, it has announced talks with pureplay grocer Ocado to share intellectual property and operating knowledge. While the Ocado model might not be a panacea for Morrisons, it at least allows it to enter a channel that it has been careful to avoid for several years.
Published By Datamonitor
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15 Mar 2013 |
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H&M's new fascia & Other Stories has opened on London's Regent Street as the retailer continues to invest in a multi-brand strategy to better compete with Inditex. The fascia cements H&M's fashion-forward stance, but widens its pricing architecture away from the value end of the market - attracting shoppers with higher disposable incomes or those who want to trade up for added value.
Published By Datamonitor
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08 Mar 2013 |
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Sun European Partners has acquired Dreams for GBP35m in a pre-pack administration deal, with plans to keep 171 of its 264 stores. This deal marks the end of what has been a very turbulent period for the retailer and gives it a platform from which to drive sales growth again.
Published By Datamonitor
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07 Mar 2013 |
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Sports Direct's successful bid offers majority owner Mike Ashley the opportunity to diversify and grow the business beyond the sports sector. Acquiring fashion-focused brands and retailers is a quick way of doing this, and is cost-effective when they are cheap.
Published By Datamonitor
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01 Mar 2013 |
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Mango's first standalone accessories store in the UK, Mango Touch, opened on February 28. While the retailer believes that there is sufficient demand for its products to warrant a standalone store, it is venturing into a particularly difficult market where few specialists prosper and non-specialists have previously failed with similar formats.
Published By Datamonitor
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28 Feb 2013 |
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Under an agreement signed with the Spanish government, Respol will be installing 300 electric vehicle charging points at its sites. The move is not without risk, as there is currently little consumer demand for alternative fuels, but with conventional oil prices soaring, Repsol aims to boost dwindling revenue by entering into an innovative and expanding market.
Published By Datamonitor
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22 Feb 2013 |
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In February, two major fuel retailers launched promotions in an attempt to generate loyalty and promote higher margin, non-fuel products and services. However, with a recent Verdict survey indicating that European motorists are more concerned about fuel prices and service station location and less about brand loyalty, retailers will find it difficult to make customers interested in such schemes.
Published By Datamonitor
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21 Feb 2013 |
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Over the course of 2012, a combination of squeezed consumer budgets, intense price competition, and showrooming has resulted in a once thriving high-street electricals sector being reduced to just one major player. The closure of Comet and Jessops means that the electricals market is now left with Dixons as the sole large specialist retailer.
Published By Datamonitor
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20 Feb 2013 |
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The youth clothing brand has entered administration, which is a disappointing turn of events for a retailer that had been gaining clothing market share up until calendar year 2011, but highlights the changing young fashion landscape. If the administrator decides to keep the business going, it will have to re-examine Republic's approach to its target market.
Published By Datamonitor
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20 Feb 2013 |
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