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Retail

  • Business behind Secret World War II tunnels to float on London market

    January 12, 2024

    A business planning to turn secret World War II tunnels under Holborn into a tourist attraction has announced plans to float on the London stock market. 

  • Burberry shares crater after luxury goods profit warning

    January 12, 2024

    Burberry now expects adjusted operating profit for the financial year ended 30 March 2024 to be in the range of £410m to £460m. 

  • Sainsbury’s launches new EV charging unit to address UK shortage

    January 12, 2024

    Sainsbury's has today launched a new EV charging business designed to give customers access to chargepoints at its stores.

  • Fortnum and Mason heralds ‘resurgence of shopping in real life’ as it sells 700k packets of posh biscuits

    January 11, 2024

    Fortnum & Mason sold over 700k packets of posh biscuits over Christmas, as shoppers traded up over the festive period. 

  • ‘Restaurants can’t be run off a spreadsheet,’ says new chief of Neapolitan pizza business Franco Manca

    January 11, 2024

    A restaurant business cannot be run off a spreadsheet, the newly appointed boss of pizza specialist Franco Manca has said, amid a period of widening losses for the UK’s casual dining market.

  • Four London pubs go up for sale – including the Ten Bells

    January 11, 2024

    Four pubs run by East London Pub Co. have gone up for sale this week as cost-of-living pressures and work from home initiatives continue to take their toll on the capital’s bar scene. The Ten Bells in Spitalfields, The Saxon in Clapham, The Lock Tavern in Camden, and The Gun in Spitalfields are named as [...]

  • 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.

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