Boohoo: ‘Human error’ blamed as clothes wrongly labelled ‘made in UK’ January 11, 2024 Boohoo put ‘Made in the UK’ labels on clothing items that were actually manufactured in South Asia.
Storage giant Big Yellow bumps up rents to offset higher interest rates January 11, 2024 Self storage firm Big Yellow has said its revenues bumped up in the third quarter as it saw a pick-up in its reservations book.
Tesco: Britain’s biggest supermarket raises profit guidance as shoppers trade up over Christmas January 11, 2024 Britain’s biggest supermarket Tesco has upgraded its profit guidance for the year off the back of a strong Christmas performance.
Taylor Wimpey bemoans planning delays as it pulls back housebuilding numbers January 11, 2024 Housebuilder Taylor Wimpey has said it expects full-year operating profit to come in at the top end of its guidance range.
Marks and Spencer: Good Christmas gives retailer a ‘spring in its step’ as food sales rocket to £2bn January 11, 2024 Marks and Spencer has maintained its guidance for the year after it racked in over £2bn in food sales over the Christmas period.
Brewdog to no longer pay ‘real’ living wage in scramble to save costs January 10, 2024 Brewdog is now opting not to pay staff the ‘real’ living wage in a scramble to shore up extra costs.
CVC set to splash the cash on German vitamin maker: reports January 10, 2024 Private equity giant CVC is set for a near-billion-euro deal to take over a German vitamin manufacturer, according to reports. Sources told Bloomberg that a €900m (£774m) deal to acquire Sunday Natural could be announced in the coming days. Neither party responded to comment requests from Bloomberg. Dealmakers are hoping for an uptick in M&A [...]
Greggs: Baker rakes in £2 of every £100 spent in hospitality industry – and analysts expect that to double January 10, 2024 British bakery and fast food chain Greggs said it plans to open between 140 and 160 net new shops in 2024, as it toasts soaring sales in the fourth quarter.
Gym Group sprints to a million members as Brits try to shape up January 10, 2024 Average revenue per member per month was also up nine per cent, helping revenue to climb 18 per cent to £204m.
Sainsbury’s keeps profit guidance as loyalty card Christmas boosts sales January 10, 2024 British supermarket Sainsbury’s thanked cash strapped shoppers using its loyalty card scheme for a bumper Christmas.