Category Archives: UK

Dobbies names Andrew Bracey as new chairman

The Dobbies garden centre chain has appointed Andrew Bracey as its new chairman. Bracey is a founding partner of Midlothian Capital Partners which together with Hattington Capital recently acquired Dobbies from Tesco for £218 million. John Cleland, chief executive of … Continue reading

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Kids Emporium launches in the UK

Undeterred by Brexit, South African entrepreneur Lauren de Swardt launched her franchise, Kids Emporium in Guildford, England. While the store only officially opened in July 2016, it is already creating a stir in the UK. Kids Emporium launches in the … Continue reading

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UK retail giant John Lewis to open 6 Myer stores in Australia in 2017

If Australian Geographic would close by 2017 unless a new owner is found, a British retail giant is coming to Australia in the same year. John Lewis plans to open six Myer stores in the country next year. Yahoo News … Continue reading

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Co-op sells 298 stores to McColls Retail in £117m deal

The Co-op Group has sold 298 of its smaller food stores in a £117m deal to convenience retailer McColls as part of the mutual’s turnaround strategy. Earlier this year the Co-op hired advisers at investment boutique Rothschild to find prospective … Continue reading

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Poundland agrees to £597m takeover from Steinhoff

Poundland storeDiscount chain Poundland has agreed to a £597m takeover by South African retail group Steinhoff International. Steinhoff said Poundland would be a “complementary fit” to its expansion plans in the UK and the rest of Europe. Poundland operates more … Continue reading

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Asda’s new UK boss could be planning a nuclear price war. He could easily lose it

You’ve probably never heard of him, but incoming Asda boss Sean Clarke is said to be the man with his hand wavering over the red button, ready to trigger a supermarket price war to end all price wars. Last week … Continue reading

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Sales at UK’s Marks & Spencer drop the most in 8 years

Marks & Spencer Group Plc reported its steepest drop in clothing sales in eight years as new chief Steve Rowe’s efforts to win back customers with cheaper prices on leggings and fewer clearances came at a cost. Same-store sales of … Continue reading

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