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Retail

  • Betting and Gaming Council drafts in former Entain boss who rallied against ‘problem gambling’ as chief

    April 8, 2024

    In her role at Entain, Hurst has previously said that "gambling isn’t the problem – problem gambling is the problem".

  • Ted Baker: 245 jobs and 15 stores including London Bridge slashed by administrators

    April 8, 2024

    Over 200 jobs and 15 Ted Baker stores have been terminated as part of its administrative process, in another blow to high street. 

  • Echo Falls, Kumala and Lambrini owner Accolade Wines raises prices and considers selling brands as losses widen

    April 8, 2024

    The UK arm of Accolade Wines, the company behind the likes of Hardys, Echo Falls, Kumala and Lambrini, is to continue raising its prices as it bids to return to profit.

  • Sports Direct ramps up London presence as Mike Ashley’s Frasers backs physical retail

    April 8, 2024

    Frasers Group plans to open two Sports Direct stores in both London Westfield shopping centres, as the retail behemoth continues to back physical retail 

  • Retail apocalypse: More than 2,000 stores went bust as UK high streets suffer

    April 8, 2024

    Over 2,000 retailers have gone bust in the last year, a new report has found, delivering another blow to the UK’s struggling retail sector.

  • McDonald’s buys back Israeli restaurants after Gaza boycott damages sales

    April 5, 2024

    McDonald’s will buy back all of its Israeli restaurants following a boycott of the brand after it handed thousands of free meals to soldiers in the country. 

  • Majestic saves Vagabond’s wine bars – but one London branch to shutter

    April 5, 2024

    Retailer Majestic Wines has bought Vagabond Wines out of administration, saving nine of its wine bars from closure. 

  • London restaurant chain Ping Pong bans staff tips on card and introduces ‘brand fee’

    April 5, 2024

    A London restaurant chain has banned customers from paying a tip by card and introduced a 15 per cent “brand” fee instead, just three months before a new legislation makes it compulsory to give staff tips. 

  • Carpetright drafts in advisers as it mulls cost cutting options

    April 5, 2024

    Carpetright has reportedly drafted in advisers to explore cost-saving measures for the business as it struggles amid a slowdown in demand. 

  • Wet weather puts a dampener on footfall recovery in March

    April 5, 2024

    The Easter bank holiday weekend was not enough to help significantly drive footfall in March, as wet British weather put another dampener on high street recovery. 

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