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Retail

  • Don’t feel guilty: Cost of living means this is the Christmas of regifting

    December 8, 2023

    One in four people are likely to give a second-hand gift to relatives or friends this Christmas, new research suggests. A survey of 2,000 adults by Royal Mail found that half said they would be happy to receive a second-hand or regifted present, with only one in four taking umbrage. Most of the one in [...]

  • Scotch Malt Whisky Society owner slashes guidance as whisky market slows

    December 8, 2023

    The owner of The Scotch Malt Whisky Society (SMWS) has issued a profit warning as it is hit by slow demand in China.

  • Chapel Down makes a splash on AIM as it pushes ahead with growth plans

    December 7, 2023

    Britain’s biggest winemaker Chapel Down Group has made its debut on the Alternative Investment Market (AIM), as it pushes ahead with plans to double the size of its business by 2026.  Admission on the AIM, which is a sub market of the London Stock Exchange, took place at 8am this morning. The chardonnay producer was [...]

  • Games Workshop: Warhammer maker continuing to trade strongly following Amazon deal

    December 7, 2023

    Games Workshop, the maker of Warhammer, has said it is continuing to trade in line with company expectations. 

  • Frasers ‘on track’ as Murray doubles down on elevation strategy

    December 7, 2023

    Frasers, parent company of Sports Direct and Flannels, is on track to hit previous profit guidance

  • Predicted £7.4bn festive boost in UK hospitality shows Londoners like to party

    December 6, 2023

    The UK hospitality sector will see a favourable boost this holiday season, with a predicted total of £7.4bn to be spent on Christmas partying.

  • London footfall takes costly hit as rail strikes wreak havoc on Christmas trade

    December 6, 2023

    Footfall across greater London declined by -8.3 per cent on Tuesday as rail strikes led shoppers to steer clear of the high street, spelling more misery for the capital’s retailers amid the vital Christmas period.  According to the latest reading from MRI Software, Tuesday was the most impacted day so far, with footfall in central [...]

  • M&S and Morrisons breach competitive land agreements CMA finds

    December 6, 2023

    M&S and Morrisons used unlawful land agreements to stop rival supermarket stores nearby, the competition's watchdog has ruled. 

  • EG Group: Issa brothers fry off entire KFC franchise to slash debt mountain

    December 6, 2023

    EG Group, the debt-laden petrol group owned by the billionaire Issa Brothers, has offloaded all of its franchise KFC sites in the UK and Ireland to the US multinational behind the fried chicken empire. 

  • BAT plunges nine per cent after announcing £25bn hit

    December 6, 2023

    British American Tobacco has said  50 per cent of its revenue will come from non-combustible products such as vapes by 2035.

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