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Retail

  • Gordon Ramsay’s £13m London pub taken over by squatters

    April 13, 2024

    Squatters have taken over a Gordon Ramsay pub in London which is currently up for sale with a guide price of £13m.

  • Crunch time: Cérélia forced to sell Jus-Rol after court dismisses appeal

    April 12, 2024

    French pastry maker Cérélia has been ordered to sell frozen pastry Jus-Rol after losing an appeal against the competition watchdog. US based food company General Mills, which owns Jus-Rol, announced in November 2021 that it agreed to sell its European dough businesses to Cérélia. With an annual turnover of €800m (£682m), Cérélia brands include Croustipate, [...]

  • Ferrero Rocher, Nutella and Kinder Surprise owner hails sales surge

    April 12, 2024

    UK sales have surged past £500m at the owner of confectionary brands such as Ferrero Rocher, Nutella and Kinder Surprise, according to new accounts.

  • Owner of Majestic Wine and Punch Pubs acquires one of UK’s biggest discount retail chains

    April 11, 2024

    Poundstretcher, one of Britain's biggest discount retail chains, has been sold to the owner of Majestic Wine and Punch Pubs.

  • Poundland owner Pepco brings in Vision Express boss as new chief amid ‘challenging’ environment

    April 11, 2024

    Pepco Group, the owner of the Poundland brand in the UK, has appointed a new chief executive.

  • Trading resumes in Revolution Bars after firm secures £12.5m in emergency fundraising

    April 11, 2024

    Troubled Revolution Bars last night announced an emergency multi-million pound fundraising backed by serial hospitality investor Luke Johnson. 

  • European self-storage giant Shurgard to buy rival Lok’nStore for £378m

    April 11, 2024

    Self-storage giant Shurgard has struck a takeover deal with AIM-listed rival Lok'nStore worth around £378m, with the merger expected to involve job cuts.

  • Stonegate Group warns on future as it battles £2.2bn debt pile

    April 10, 2024

    Britain's biggest pub operator Stonegate has raised concerns about its future as it battles a £2.2 debt pile. 

  • Has Tesco benefited from people trading down?

    April 10, 2024

    Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers. 

  • US licensing partner joins race to buy up remaining assets of embattled Ted Baker

    April 10, 2024

    Ted Baker’s American licensing partner is reportedly the lead contender to take control of the businesses embattled British arm. 

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