F1 Arcade: Global sell-outs expected for three-way Abu Dhabi title fight Sport Business The nailbiting Formula 1 title fight between Lando Norris, Max Verstappen and Oscar Piastri is likely to see the chain of F1 Arcade sites sell out, according to its new chief. The two McLaren drivers and four-time F1 world champion Verstappen head to the season finale in Abu Dhabi this weekend with all three in [...]
Formula 1’s popular F1 Arcade signs first franchise deal after $130m raise Sport Business Formula 1’s popular F1 Arcade product has this morning announced its first franchise agreement, with the viewing and gaming hub set to hit the Iberian Peninsula. F1 Arcade’s flagship location is at One New Change in St Paul’s, but the Formula 1 affiliated experiential hospitality offering also has sites in Birmingham, as well as Boston, [...]
Formula 1 to open new F1 Box venue in London’s Westfield Stratford Sport Business Formula 1’s love affair with a new generation of fans is set to expand further with F1 Box, a new experience for fans in east London. Opening at Westfield Stratford in time for next weekend, F1 Box stems from the popular F1 Arcade in the Square Mile. The set-up will include a new simulator experience [...]
How Stratford became London’s thriving new culture hub July 17, 2025 London was lucky: while some Olympic villages around the world have fallen into terrible states of disrepair after the Games ended, Stratford has remained a pleasant place to go for a walk at the weekend, to visit a cafe or restaurant, or perhaps for a trip on that slide from the top of that weird [...]
Mike Ashley-owned Frasers to cut a third of design and editorial staff March 18, 2025 Mike Ashley-owned Frasers Group may cut nearly a third of staff within its design and editorial teams, according to reports. It entered into a consultation with staff of March 7 as part of the company’s latest restructure, Retail Gazette reported. Sources told the trade publication that the redundancy process will not affect managerial roles and [...]
Wingstop and Popeyes serve up major UK expansion plans January 27, 2025 Fast-growing chains Wingstop and Popeyes have each announced major plans to expand further across the UK and create thousands of jobs. Popeyes has outlined proposals to almost double its footprint in the UK with the opening of more than 45 restaurants. The move will increase its presence in the likes of Birmingham, Leeds and Bristol [...]
Westfield slashes loss ahead of huge funding boost January 6, 2025 The company behind the Westfield shopping centres in London has recorded its lowest pre-tax loss since 2019 despite its turnover being slashed by over 30 per cent. Westfield Europe, which includes sites in Stratford and Croydon, has reported a pre-tax loss of £25.2m for 2023, according to accounts filed late with Companies House. The latest [...]
Dunelm boss: A rise in the living wage is good for our company November 27, 2024 The boss of Dunelm has said that an above-inflation increase to the minimum wage will have a positive effect on the home furnishings giant, despite a flurry of retailers decrying the increased bill. Dunelm chief executive Nick Wilkinson said that the resulting increase in consumer confidence – due to higher disposable income – will ripple [...]
Footasylum: New flagship Oxford Street store helps profit more than double September 18, 2024 Pre-tax profit more than doubled at footwear and sportswear retailer Footasylum during its latest financial year. The Greater Manchester-headquartered company has reported a profit of £6m for the year to 27 January, 2024 , up from the £2.8m it posted for the prior 12 months. During the year Footasylum opened a flagship 20,000 sq ft Oxford Street [...]
Ted Baker seller in the red as jobs cut and stores closed amid focus switch to Suit Direct August 23, 2024 A group which sells Ted Baker clothes across the UK slumped into the red as it significantly restructured itself to focus on its Suit Direct brand. As part of the move, Baird Group disposed of its license to sell Ben Sherman clothes, closed unprofitable stores, cut more than 100 jobs and appointed a new chief [...]