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Retail

  • 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. 

  • Ever wanted to make the pub your office? Well now you can and it’s cheaper than you think

    April 4, 2024

    It's actually cheaper to work from a pub than in a co-working space, a new report has claimed.

  • One of London’s most expensive mansions has been bought by UAE president MBZ

    April 4, 2024

    Sheikh Mohammed bin Zayed Al Nahyan, the president of the United Arab Emirates, has reportedly bought one of the most expensive homes in London. 

  • Co-op’s revenue ticks down but group looks forward to ‘golden era’ of growth

    April 4, 2024

    The Co-op board said it was confident in the group’s outlook for the year, as it steams ahead with plans to target eight million members by the end of the decade. 

  • Waitrose slashes prices in bid to win over middle class shoppers from Marks and Spencer

    April 3, 2024

    Waitrose is cutting prices for the fifth time in over a year as it battles Marks and Spencer as the favoured grocery spot of middle class shoppers. 

  • Dr Martens urged to undergo strategic review or sell business

    April 3, 2024

    https://www.cityam.com/dr-martens-valued-at-more-than-3-7bn-in-london-ipo/

  • Hilton Foods returns to the black as seafood wing recovers and inflation moderates

    April 3, 2024

    Meat packer Hilton Foods said recovery of its seafood wing and a new deal with Walmart in Canada has helped drive growth for the year. 

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