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.
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.