Tag: uk

Retail Asia04/06/2019
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Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker announced Monday that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle.” Honda makes its popular Civic model at the factory, 70 miles (115 kms) west of London. Reports […]

Retail Asia10/05/2019
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Majestic Wine is reportedly looking to sell its entire UK retail portfolio to focus on its international e-commerce business, Naked Wines. Bankers at Rothschild have been contacting private equity firms to buy the British bricks-and-mortar business, which includes around 200 stores, on behalf of the retailer, according to Sky News. Majestic Wine acquired Naked Wines in […]

Retail Asia02/05/2019
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Primark has launched the world’s largest fashion store in Birmingham, the UK. The 160,100sqft store is built over five stories and has been officially recognised by Guinness as the largest fashion store in the world. It has effectively taken over the former Pavilion shopping centre in the city’s downtown heart. The entire building is given […]

Retail Asia27/03/2019
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Satellite operator Inmarsat is in talks to be acquired by a consortium of private equity investors in a deal worth $3.3 billion. UK-based Inmarsat is still negotiating with the consortium members over the possible takeover and a binding offer has not yet been received. But the preliminary offer involves cash payment of $7.21 per share. The consortium, […]

Retail Asia26/12/2018
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Toy Room, one of the most talked-about premium and international brand which has attracted visits from A-listers around the world including Jessie J, Lindsay Lohan and Nicole Scherzinger, has opened its first outlet in India in Aerocity. According to Akshay Anand, Owner Toy Room India, “Present in eight different countries, Toy Room is one of the […]

Retail Asia01/11/2018
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Xiaomi will open its first store in the UK next week. The fast-growing Chinese electronics company will also sell its smartphones through the Three network, giving the brand exposure in hundreds of stores across the UK and in the Republic of Ireland. The Xiaomi UK launch follows openings in Spain and Paris as it joins […]

Retail Asia26/09/2018
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Philippine fast-food chain Jollibee has hinted at opening its first store in the United Kingdom. The potential of a Jollibee UK debut was revealed in a tweet featuring a photo of its mascot bee with British Ambassador to the Philippines Daniel Pruce, hashtagged #JollibeeLondon and #1stJollibeeInUK. The ambassador had previously said Jollibee would open in […]

Retail Asia25/09/2018
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Brits are increasingly turning to retailers who offer self-service payment options, with 57 per cent preferring to avoid human interaction while shopping, new research shows. Research by delivery management company Whistl found that when it comes to buying groceries, only 17 per cent consider human interaction important. The over 45s still prefer old-fashioned service with […]

Retail Asia20/07/2018
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Marks & Spencer UK reportedly plans to axe more than 300 jobs across the UK as it continues its restructure to counter falling sales. As reported seeing documents proposing 351 job cuts, almost all of them in management roles, including operations, section managers and “visual managers”. Marks & Spencer, which is flourishing in Asia under a […]

Retail Asia11/07/2018
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Chinese hot pot chain Hai Di Lao will open its first UK restaurant at the Trocadero in Piccadilly Circus, London. In a deal facilitated by real estate firm Savills, the brand has signed a 15-year lease of an almost 10,000sqft site. It is the chain’s first venue in Europe and follows the opening of its […]

Retail Asia05/07/2018
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Malaysian-owned Hijup UK made its debut in London’s modest fashion scene at the recent London Eid Festival. Participating in the year’s largest international modest fashion showcase coincided with the launch of the Hijup UK online store. Hijup UK will follow this up with the opening of its first brick-and-mortar concept store and a fleet of […]

Retail Asia05/05/2018
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TUMI, purveyors of premium luggage and travel, business and lifestyle essentials, has opened its third London boutique Calling all fans of luxury travel, TUMI has opened a new boutique in London’s Covent Garden. Visit the store to browse the range of high-end bags, luggage, travel, business and lifestyle essentials. The stylish, 103sqm store showcases the […]

Retail Asia21/02/2018
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Grocery and general merchandise retailer Tesco is set to introduce ‘Colleague Shops’ in all its UK stores to give employees the opportunity to take food approaching its expiry date, as part of its wider work to prevent good food from going to waste. Dedicated storage areas and fridges will be set up in back-of-store employee […]


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