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The Retail Pulse FSP Retail Business Consultants August 2014
Retailer Births & Deaths
There w ere no recorded administrations in August. There w ere 13 new additions to the FSP Retailer Database in August, w ith 2 new retailers entering the UK market: Element w ith the new s it w ill open its first UK standalone store in December 2014 in London's Covent Garden, and, Pull'd, a new slow -cooked meat restaurant concept launching in London in 2014.
Retail Burn This month, as usual, the big national chains attract the most press. The most talked about retailers, according to the Retail Burn, include: Lidl, Five Guys, Aldi, H&M ,Argos, Simply Food, Harris + Hoole, Phones 4 U, Mamas & Papas and Tesco plc. The retailer w ith the highest number of positive new s articles in August w as Lidl, w ith the new s it is launching a new ÂŁ20m marketing campaign as it looks to grow sales to over ÂŁ4bn this year. Tesco plc is at the other end of the scale having issued another profit w arning follow ing challenging trading conditions.