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Retail

  • Domino’s Pizza franchise firms clash over ‘unsolicited’ takeover bid

    December 5, 2023

    London-listed DP Eurasia has taken a swipe at Jubilant Food Works over its "unsolicited" takeover bid for the firm.

  • Sainsbury’s to leave central London HQ after two decades

    December 5, 2023

    The Sainsbury’s headquarters is packing up and relocating to the sustainable JJ Mack Building in Farringdon, a six-minute walk from its current location at Chancery Lane.

  • Eateries operator SSP resumes dividend, targets higher 2024 sales

    December 5, 2023

    The Starbucks franchisee said it continued to benefit from recovery in travel.

  • Marston’s: Revenues up as firm looks to get borrowing below £1bn by disposing non-core assets

    December 5, 2023

    Pub chain Marstons said revenues grew during the preliminary year, but operating profits lay flat, as it dealt with the hangover of high inflation. 

  • THG to acquire Biossance as it bulks up on beauty business

    December 5, 2023

    E-commerce firm THG has today announced it has acquired prestige skincare brand Biossance for $20m as its builds out its beauty business.

  • Brits to cough up an £100 extra on festive treats this Christmas

    December 5, 2023

    Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities. 

  • Britons gather in support for Small Business Saturday, spending £669m

    December 4, 2023

    New research shows nearly 11 million Britons shopped locally for Small Business Saturday, accumulating a collective £669m in spend.

  • Saudis take 49 per cent stake in Rocco Forte’s luxury hotel chain

    December 4, 2023

    Hotel chief Sir Rocco Forte has sold 49 per cent of his eponymous hotel chain to the Saudi Public Investment Fund

  • Hospitality sector to create 700,000 jobs over festive season, research finds

    December 4, 2023

    Around 700,000 jobs are expected to be created in the hospitality industry over the festive season, new research suggests. Around half of companies in the sector are hiring staff for the busy next few weeks, with an average of eight each, according to recruitment site Caterer.com. Kathy Dyball, director at Caterer.com, said: “Despite the cost-of-living [...]

  • The Notebook: Emma-Lou Montgomery on retail’s not so cheery Christmas

    December 4, 2023

    Where the City's movers and shakers get a few things off their chests. Today, Emma-Lou Montgomery, financial commentator at Fidelity, takes the pen.

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