THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Strong getting even stronger

Regardless of whether or not we are seeing the green shoots of recovery or any other signs of the market returning to less straitened times it probably won’t make that much difference to the broad strategies of the UK’s strongest businesses. By Glynn Davis, City editor

GENERAL MERCHANDISE

Strong getting even stronger

Regardless of whether or not we are seeing the green shoots of recovery or any other signs of the market returning to less straitened times it probably won’t make that much difference to the broad strategies of the UK’s strongest businesses. By Glynn Davis, City editor

They will likely continue to pursue the same path that they put in place to cope with the recession, which will involve taking advantage of the opportunities that the tough market is
throwing up.

Despite the concerns over slowing growth in the UK the mighty Tesco remains firmly in the 'strong business' camp and its activities in the US with its Fresh & Easy chain show how it is taking advantage of cheap property prices to add to its property estate in California.

The news from the US is that it is favouring buying sites rather than taking on leases as commercial property prices are proving particularly attractive. Tesco has also continued to work on its new distribution depot that will be used to service its northern California stores when it presses the 'go' button on the region.

Another UK-based operator, Pret A Manger, is also ramping up expansion in the US despite the tough global markets. The sandwich seller has pointed to the US as a key driver of growth and is intent on having 26 stores open in the key cities of New York and Washington DC by the end of the year. It is also looking at opening up its first outlets in Chicago too.

There are many other such stories of bold moves that have countered the overwhelming bleakness of the recession and it is such actions that are laying the foundations for strong outperformance by companies once we see some real green shoots of recovery.

glynnd@theretailbulletin.com

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues