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Retail

  • Currys bidding war: Chinese retail giant JD joins race as shares soar 33 per cent

    February 19, 2024

    Chinese retail giant JD.com is the latest firm to consider buying Currys, as its board reveals it is in the “very preliminary stages” of exploring a takeover. 

  • Elliott mulls new higher offer for Currys after initial £700m bid rejected

    February 19, 2024

    In an update this morning, the owner of Waterstones, said: “Elliott confirms that it is considering a possible cash offer for Currys.”

  • ‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy

    February 17, 2024

    "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".

  • Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich

    February 15, 2024

    Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London.  The supermarket, proposed to be located on the first and group floor of the building, would be [...]

  • Oxford Street: Derelict House of Fraser site to get £132m revamp – with new offices and a swimming pool

    February 15, 2024

    House of Fraser’s former flagship site on Oxford Street is set to undergo a £132m transformation, which will bring new offices and a swimming pool to the retail drag.

  • Cost of love: Brits opt to dine in and scale back as flower prices soar this Valentine’s Day

    February 14, 2024

    The price of a bouquet of roses has shot up around four per cent if you look at Wednesday’s inflation reading. 

  • Dunelm chief backs calls for greater protection of shop workers as cost of crime for retailers more than doubles

    February 14, 2024

    The head of homeware giant Dunelm has backed calls from industry bodies to create a specific law to protect shop workers.

  • A mystery: One of Brick Lane’s iconic beigel shops has shut – and nobody knows why

    February 14, 2024

    One of two Brick Lane beigel shops - which have provoked heated debate amongst Londoners for decades - is shut, and nobody quite knows why.

  • Dunelm sees continued sales and profit growth despite ‘difficult’ trading environment

    February 14, 2024

    Homewares retailer Dunelm has said total sales rose 4.5 per cent in the first half of 2024 as it increased its market share.

  • Marks and Spencer Oxford Street row: Court told Michael Gove ‘misunderstood and misapplied’ planning policy

    February 13, 2024

    The Secretary of State for levelling up “misunderstood and misapplied” planning policy when it rejected Marks and Spencer Oxford Street demolition scheme, a judge heard. Today, the High Court heard a judicial review by Marks and Spencer over the Secretary of State for levelling up , Michael Gove MP, decision to refuse planning permission for [...]

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