Superdry: Shares tank as Dunkerton granted extension on takeover bid March 1, 2024 Shares in Superdry are down over nine per cent following an announcement it has extended a deadline for its founder and chief Julian Dunkerton to make a solid offer to take the company private.
Court rules that Gove’s decision on Marks and Spencer planning permission was ‘unlawful’ March 1, 2024 The retail giant took the Secretary of State for levelling up, Michael Gove MP, to court over his decision to refuse planning permission for the construction of its flagship building on Oxford Street.
Asda: Issa brother to step back and hire new chief executive March 1, 2024 Mohsin Issa, one half of the billionaire family duo which owns Asda, has confirmed he is stepping back from the day to day running of the business.
What’s going on between Ocado and Marks and Spencer? March 1, 2024 Online grocer Ocado and retail giant M&S are currently embroiled in a dispute over a final payment related to their online food joint venture.
More misery for retail as footfall slips to lowest level since pandemic on wet weather and strikes March 1, 2024 Unpredictable British weather has yet again been blamed for hurting trade on UK high streets. According to a report by the British Retail Consortium (BRC), footfall recorded in February slumped to the lowest since the pandemic, falling 9.3 per cent against a 2.3 per cent decline the prior month. Some 23mm of rain fell across [...]
Sainsbury’s to cut 1,500 jobs and invest in automation to reduce costs by £1bn February 29, 2024 Supermarket giant Sainsbury’s has said it plans to cut some 1,500 jobs as part of efforts to reduce costs by around £1bn per year.
What’s on in London in March 2024? February 29, 2024 | City Talk Leading up to the clocks moving forward, London is in full swing this month. While the city thaws, you can look forward to the trees becoming fuller, the days soon being brighter and a plethora of city-bound events to immerse yourself in. London’s evergreen cultural scene never fails to entertain the varied cultures within the [...]
The Body Shop: Full list of stores to close as almost 500 jobs cut February 29, 2024 The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.
‘Many saw us as corporate and old-fashioned’: How Interflora is facing up to an ‘uncomfortable truth’ February 29, 2024 Interflora has unveiled its "boldest pivot" in its 100-year history in a bid to attract new younger customers.
Footasylum hails ‘record-breaking’ year as sales pass £300m February 29, 2024 Footasylum has hailed a "record-breaking" year for the retailer which saw its sales pass the £300m mark.