JD Sports Fashion tops FTSE 100 as Foot Locker raises sales outlook November 29, 2023 FTSE 100 retailer JD Sports Fashion - 'The King or Trainers' - added seven per cent to top the FTSE 100 today.
Signa: Selfridges owner files for insolvency in fresh blow for billionaire Benko November 29, 2023 Fears over the future of Signa have left many analysts speculating that it could lead to the sale of London's most iconic department stores.
Deliveroo is 50 per cent down on its offer price — can its first capital markets day turn the tide? November 29, 2023 Deliveroo is now 50 per cent down on its offer price after a return to dining out and Brits clamping down on takeaways knocked the firm off its perch.
Supermarkets in focus of new CMA probe claiming loyalty schemes push up inflation November 29, 2023 It made the announcement following its latest findings from a two-year ongoing investigation of the groceries sector, and its impact on competition and inflationary pressures.
Motoring services drive growth for Halfords despite ‘slower than expected’ recovery November 29, 2023 Halfords made a profit during the interim period but gross profits at its retail business were hit by high inflation
Farfetch pull trading update as New York take-private rumours swirl November 29, 2023 Farfetch's move will only fuel further rumours that boss Jose Neves is looking for a way off the public markets after a disastrous New York float.
Gigs galore: London pubs and bars anticipate £2.4bn live music surge in 2024 November 29, 2023 Nearly 90 per cent of UK pubs and bars plan to expand their live music offerings in 2024, potentially tapping into £2.4bn in revenue.
‘A cruel blow’: Loungers boss bemoans Hunt’s lack of business rates support for larger firms November 28, 2023 The boss of Loungers has criticised chancellor Jeremy Hunt’s decision to not extend business rates relief to larger firms, describing it as a “cruel blow”. Speaking to City A.M, the chief of the casual dining chain, Nick Collins, said: “It’s going to add to the inflationary pressure, at a time when hospitality really struggled with [...]
Wilko ‘ran out of cash’. Former boss apologies to staff over collapse of chain November 28, 2023 The former boss of Wilko, Lisa Wilkinson, was pushed to offer an apology to the staff of the now-collapsed high street chain and admitted that she let her employees down.
Topps Tiles cautions over sliding sales as annual profits slump November 28, 2023 Topps Tiles cautioned over a “weakening of discretionary consumer spending” that is impacting trading so far in its new financial year, with like-for-like Topps Tiles sales down 6.1% in the first eight weeks.