All Prospect Analysis articles – Page 7

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  • Tesco is putting value, loyalty and digital at the heart of its strategy
    Prospect Analysis

    Tesco (Strategy)

    Tesco

    Having successfully completed its five year turnaround, Tesco’s CEO Ken Murphy has set out the following key priorities for the business: creating ‘magnetic’ value for customers; creating a competitive advantage through Clubcard and digital; being easily the most convenient; and saving to invest. 

  • technology-strategy-prospect
    Prospect Analysis

    Technology strategy at WoolOvers

    WoolOvers

    WoolOvers admits that it still has plenty of work to do to accelerate its transformation. Plans have included upgrading its systems, so its customers can see their order history with no channel barriers, as well as improving its CRM capabilities.

  • superdrug beauty store INDEX
    Prospect Analysis

    Stores at Superdrug

    Superdrug

    Recent store openings have either focused on enhancing Superdrug’s reputation as a more upmarket beauty retailer or on improving its healthcare credentials.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Superdry

    Superdry

    Superdry’s UK store estate is mature, particularly in London and the South East. A recent cost review across the business has seen the retailer reviewing its store portfolio. 

  • store-strategy-prospect
    Prospect Analysis

    Stores at Tapi

    Tapi

    Tapi was launched in 2015 by Martin Harris to “blow a breath of fresh air” into the world of carpet and flooring retailing.

  • Top floor "Wearhouse" panorama
    Prospect Analysis

    Stores at Uniqlo

    Uniqlo

    Uniqlo’s stores largely focus on showcasing the innovative elements of its clothing – functionality, technological innovation and design – and going forward, the retailer aims to develop technology that engages with shoppers and eases the shopping experience.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Three UK

    Three UK

    In line with its digital transformation efforts, Three is working to reinvent its stores to create more synergy between the online and offline experiences. This involves increasing interaction and personalisation for customers across both channels, with the addition of new content and the ability to switch between browsing online and instore.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Topps Tiles

    Topps Tiles

    Stores represent a vital part of the customer journey at Topps Tiles, with 90% of customers still visiting a store as part of their purchase.

  • store-strategy-prospect
    Prospect Analysis

    Stores at The Works

    The Works

    The Works has been busy strengthening its multichannel offer over the past few years and a modern, nationwide store network is at the centre of this.

  • store-strategy-prospect
    Prospect Analysis

    Stores at WiggleCRC

    WiggleCRC

    The enlarged WiggleCRC group operates a single 10,000 sq ft Chain Reaction Cycles store in Belfast.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Zara

    Zara

    There has been limited expansion of the UK store network in recent years as the opening of flagship stores has been offset by closures of smaller stores. This is in line with Inditex’s global strategy.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Vodafone

    Vodafone

    Despite undertaking a 15% reduction in its global store estate, the UK is bucking the trend as the network announced in September 2019 that it would open an additional 24 stores. This £5.5m investment into its franchisee stores would also see it create 100 new jobs.

  • store-strategy-prospect
    Prospect Analysis

    Stores at White Stuff

    White Stuff

    White Stuff’s canny strategy of opening small stores on provincial high streets has been important in keeping the lid on the rent bill given the south eastern bias to its estate. It has also protected the retailer to a certain extent from the sharp decline in city centre footfall as a result of the pandemic in 2020.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Wilko

    Wilko

    Adhering to a staunch value-for-money philosophy, the original Wilkinson Hardware chain had expanded rapidly during the 2000s. Now it is focused on store profitability and opening locations in underserved areas such as London.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Whistles

    Whistles

    As part of Whistles’ earlier repositioning, the standalone network had been reduced as underperforming outlets were shuttered and a number of relocations to better premises have taken place in line with its upmarket stance.

  • WHSmith & InMotion Stansted - 01
    Prospect Analysis

    Stores at WHSmith

    WHSmith

    WHSmith manages its retail space obsessively as a “strategic asset”. All stores are reconfigured at least twice a year “driven by detailed space and product elasticity data”. 

  • ParsMedia_Tesco_Frictionless_Store_016
    Prospect Analysis

    Stores at Tesco

    Tesco

    Tesco has drastically reduced store expansion since embarking upon its turnaround over the past few years. Although some stores have opened, these have mostly been small format supermarkets and convenience stores.

  • waitrose john lewis
    Prospect Analysis

    Stores at Waitrose

    Waitrose

    JLP chair Dame Sharon White intends to ‘right-size’ the group’s estate to help get the business back on track and has committed to invest £55m to complete a further 23 major refurbishments of Waitrose stores in FY2022.

  • store-strategy-prospect
    Prospect Analysis

    Stores at Wickes

    Wickes

    Wickes continually reviews the footprint of its store network, utilising a “right size, right place, right cost” approach, to ensure that stores are strategically located for maximum footfall and to act as fulfilment centres to support digital sales across the network. 

  • store-strategy-prospect
    Prospect Analysis

    Stores at Waterstones

    Waterstones

    Waterstones is the UK’s last surviving nationwide chain of booksellers with a total of 270 stores throughout the country.