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Retail

  • Lower prices help Ocado win back customers amid uncertainty over Marks joint venture

    March 26, 2024

    Ocado Retail has continued to see a rise in orders as customers fall back in favour with the brand following a series of price cuts.

  • Revolution Bars confirms it’s looking at ‘strategic options’ as it fights to survive

    March 26, 2024

    Revolution Bars is undergoing talks to sell off around a quarter of its venues, according to reports.

  • ‘Loyal’ customers help alcohol subscription service Beer52 weather disposable income hit

    March 25, 2024

    A "loyal" customer base helped alcohol subscription service Beer52 weather the "challenging trading environment" during its latest financial year.

  • Virgin Wines ‘confident’ of hitting profit target after ‘positive’ half-year

    March 25, 2024

    Virgin Wines has said it is confident it will meet its profit target after reporting "positive" half-year results.

  • B&Q owner Kingfisher lowers outlook as struggling French arm drags down profit

    March 25, 2024

    Kingfisher has made a loss during the full year as a slowdown in sales in its French arm continues to impact its bottom line.

  • Gail’s owners plot to put posh coffee shop on the market

    March 24, 2024

    Owners of posh coffee shop Gail’s are preparing to hire advisers for a sale which would value the business well over the £200m price tag it sold for three years ago. 

  • Tory MP Nadhim Zahawi in the running to become Very Group chair

    March 24, 2024

    Conservative MP Nadhim Zahawi is reportedly in talks to become the next chair of online retailer Very Group, potentially joining the swathe of Tory politicians that will not stand in the next election.

  • Whitbread plots sale of underperforming restaurant and pub sites

    March 24, 2024

    Whitbread, the owner of Premier Inn Hotels, has drafted in advisers to sell around a third of its worst performing Beefeater and Brewers Fayre pubs, The Times has reported.

  • Asda IT glitch leaves some employees missing two weeks of pay

    March 24, 2024

    Close to 10,000 Asda employees have received incorrect payslips following an IT glitch. 

  • Private equity firms make multimillion-pound swoop for pet food business

    March 24, 2024

    Private equity firms Advent International and CVC Capital have reportedly joined forces to make a bid for Partner in Pet Food, an animal food brand owned by Cinven. 

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