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Retail

  • London’s ‘only live guided’ open-top bus operator sacks its tour guides for computers

    May 9, 2024

    An open-top bus firm that marketed itself as the only operator with a “live guide” in London has quietly sacked nearly all of its tour guides and replaced them with computers, City A.M. has learned.

  • Aldi faces £3.7m legal action by British Brussels sprout supplier

    May 6, 2024

    German supermarket giant Aldi has been hit with legal proceedings by a Yorkshire-based Brussels sprout supplier over being de-list with no reason

  • Smiggle creates over 100 UK jobs as sales and profits edge up

    May 3, 2024

    Smiggle created more than 100 jobs as its UK revenue and profits edged up during its latest financial year, it has been revealed.

  • Asda kicks debt worries into the next decade after £3.2bn deal

    May 3, 2024

    Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.

  • Shift from frozen to chilled food widens losses at Covent Garden Soup and Linda McCartney’s maker

    May 2, 2024

    The maker of Covent Garden Soup and Linda McCartney's vegetarian food said customers switching from frozen to chilled food hit its sales and contributed to its widening losses during its latest financial year.

  • Charles Tyrwhitt’s sales success sees The White Company owner pass £500m

    May 1, 2024

    The group behind The White Company has seen its turnover surge past £500m thanks to the success of menswear brand Charles Tyrwhitt, it has been revealed.

  • Tesco hits Swedish truck manufacturer Scania with legal action

    May 1, 2024

    Tesco has launched a claim against Swedish commercial vehicle manufacturer Scania over alleged monetary losses suffered in the UK

  • Wickes announces fall in overall sales, guidance unchanged

    May 1, 2024

    Retail sales rose by 0.6 per cent in the period, making it a year of positive retail sales growth for Wickes. The group said retail sales were driven by increased transactions rather than inflationary prices. 

  • Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth

    May 1, 2024

    Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.

  • Card Factory: Shares rocket as investors cheer ‘solid’ performance

    April 30, 2024

    Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue. 

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