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      An ex-DJ and a former Lord Mayor: Who is behind Poundland bidder Xyra Group?

      Exterior view of a Poundland store entrance with its teal blue signage and glass doors

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      Made to be worn, built to be kept

      A close-up of multiple Bovaro watches with colorful straps in blue, grey, yellow, and green, showing calendar and moon pha...

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Retail

  • Pets at Home: Revenue ticks up amid difficult year

    August 1, 2024

    Total revenue at animal care retailer Pets at Home rose by one per cent to £441.1m in the 16 weeks to July 18, with like-for-like revenue up by 0.5 per cent.

  • Another one? Next hikes profit guidance again as sales soar ahead of expectations

    August 1, 2024

    Department store Next has increased its profit guidance for the year as sales soared in its first half of its financial year.

  • Diageo: Shares at Guinness maker sink as Latin America hangover continues

    July 30, 2024

    Diageo reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on the world's largest spirit maker.

  • Greggs: Bakery chain on a roll as sales up once again

    July 30, 2024

    Greggs' total sales for the 26 weeks to June 29 reached £960m, crediting the boost in numbers to a partnership with Uber Eats and the roll-out of its evening trade plan.

  • Boardroom Uncovered: How Virgin Group’s CEO went from New Zealand to running Richard Branson’s empire

    July 30, 2024

    Boardroom Uncovered is City A.M.‘s on-camera interview series featuring the CEOs of the biggest and best-known companies operating in the UK.

  • Snack hack: Tesco follows Sainsbury’s with ice cream meal deal

    July 25, 2024

    Sainsbury’s and Tesco have taken meal deal enthusiasts by storm, with a new item added to their popular lunchtime offer. Now, in addition to your usual sandwich and drink, you can pick up an ice cream or lolly to complete your meal deal at both supermarkets. At Tesco, this could see you set with a [...]

  • Wayfair profit down despite homeware giant laying off more than a quarter of staff

    July 25, 2024

    The UK arm of online homeware retailer Wayfair has seen its profit dip despite cutting around 30 per cent of its workforce in a bid to save costs, newly-filed documents have revealed. The company, which sells furniture and homeware through its website, saw its pre-tax profit fall to £2.6m in 2023, down from £2.7m in [...]

  • Unilever shares surge to the top of the FTSE 100 despite sales miss

    July 25, 2024

    Dove and Marmite-maker Unilever missed its sales targets in the second quarter of the year as a turnaround plan from chief Hein Schumacher failed to convince customers.

  • Mitchells & Butlers: Drink sales help Toby Carvery and All Bar One owner achieve another record period

    July 25, 2024

    All Bar One owner Mitchells & Butlers said its continuing to rebuild its margins as it reports yet another period of sales growth.

  • Crew Clothing weathers ‘volatile’ retail landscape to rake in record profit

    July 25, 2024

    Crew Clothing has stood strong amid a "challenging and volatile" time for retail to achieve a record profit, according to newly-filed documents.

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