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Retail

  • Naked Wines: Shares slump as refinancing rumours give investors jitters

    March 18, 2024

    Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters. 

  • Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector

    March 18, 2024

    According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.

  • Currys shrugs off lack of takeover offer by raising profit forecast for the year

    March 18, 2024

    Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.

  • Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone

    March 18, 2024

    A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.

  • Will FTSE 100 giant Next continue to top the retail leaderboard?

    March 16, 2024

    Next will unveil its full year earnings this coming Thursday, as investors gear up to see how the FTSE 100 firm has navigated a challenging period for retailers. 

  • Chinese shopping giant JD pulls out of Currys takeover race

    March 15, 2024

    Chinese online shopping giant JD.com has pulled out of the race to acquire Currys, just one week after another potential suitor pulled out of the race.

  • Soho House: Waiting list at private members club and short seller target hits another record

    March 15, 2024

    Soho House, the exclusive private members club, reported a loss of $57m (£44m) in the fourth quarter, but said its wait list is now at an all time high

  • McDonald’s apologises for ‘inconvenience’ as IT outage leaves UK customers unable to order

    March 15, 2024

    McDonald's branches across the globe have suffered an IT outage which has left customers across the globe unable to order food. 

  • N Brown: Simply Be and JD Williams owner puts jobs at risk

    March 15, 2024

    N Brown, the company behind the Simply Be, Jacamo and JD Williams brands, has put jobs at risk of redundancy.

  • Victorian Plumbing’s billionaire boss is handed millions more by his mother

    March 15, 2024

    The billionaire founder and chief executive of Victorian Plumbing has been handed millions of shares in his own company by his mother.

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