The Stores Arcadia is the parent company of Topshop, Topman, Burton, Dorothy Perkins, Miss Selfridge, Wallis and Evans. Arcadia’s total sales, which slumped by 10.5% to £1.7bn in the year to last August, with like-for-like sales drop of 7.5%. have been hit as shoppers desert its tired mid-market fashion stores in favour of online fast-fashion … Continue reading Arcadia: The Stores, The Restructure, The Pension Fund and The Landlords
Boots, the pharmacy chain owned by US giant Walgreens Boots Alliance (WBA) is reported to be reviewing more than 200 of its 2,485 UK stores as part of a plan to cut costs and reinvigorate profit growth. This news should come as no real surprise. The company, which has 55,000 UK employees, including 6,500 pharmacists, … Continue reading The possibility of some Boots UK store closures is not a surprise.
The Arcadia retail group, led by Sir Philip Green (SPG) and which operates under the Topshop, Miss Selfridge, Dorothy Perkins, Wallis, Evans and Burton fascias, has around 570 standalone stores in the UK and concessions in another 500 stores, with a total of 26,000 employees. Topshop was once the flagship fashion brand for millennials, but … Continue reading SPG’s Arcadia – UK retail’s ‘mid market’ fashion sector collapse continues.
Jamie Oliver’s restaurant empire, which fell into administration earlier today, closing 22 Jamie’s Italian outlets across the UK, and with more than 1,000 redundancies, opened its first branch back in 2008, in Oxford. It launched with the intention of positively disrupting mid-market dining on the UK high street, and at a time when there were … Continue reading Jamie’s Italian – An Inevitable Demise
With a clear selling proposition that customers know, understand and like (low cost and on-trend fast fashion) Primark, with their business model focused on physical stores instead of online, has performed better than many other British retailers. Whilst back in 2013 it did sell via a third-party marketplace (Asos) it stopped this trial after disappointing … Continue reading Primark – Doing Things Differently to Succeed.
Boots UK, founded in Nottingham in 1849 and still the country’s largest Health and Beauty retailer with over 2,500 stores, 56,000 employees and a 18.6% market share, has announced a fall in like-for-like retail sales and pharmacy sales of 2.3 per cent and 1.5 per cent respectively. It had already confirmed just last month it … Continue reading Where do Boots UK go from here?
A brief background Debenhams has 165 shops in the UK and Ireland, and around 26,000 employees. Sir Ian Cheshire became chairman in April 2016, having previously been chief executive of DIY conglomerate Kingfisher and Sergio Bucher, who had been vice president of Amazon's fashion unit across Europe, joined Debenhams as Chief Executive in late 2016. However, … Continue reading Debenhams – The Story So Far