Kingfisher shares sink six per cent after B&Q owner’s profit warning November 22, 2023 B&Q owner Kingfisher has once again lowered its profit guidance for the year as its French arm continues to struggle.
Britvic toasts strong revenues as ‘affordable treat’ Pepsi Max booms November 22, 2023 Britvic announced a positive set of final year results as the soft drinks maker was bolstered by demand for its sugar free Pepsi products.
Grainger Network Rail and Bloc Group announce partnership to build 2,000 UK homes November 22, 2023 Grainger has announced a partnership with Network Rail and the property developer Bloc Group to deliver 2,000 homes across Britain.
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
AO World raises guidance again as it returns to profit despite falling revenues November 21, 2023 Electrical retailer AO World has raised its profit guidance despite revealing a fall in revenue, according to a trading update published this morning. The online group, which calls Frasers Group its largest shareholder, said a decision to stamp out unprofitable sales led to a 12 per cent dip in revenue during the interim. But adjusted [...]
Asos: Short sellers ramp up bets against former retail favourite as profits dwindle November 21, 2023 Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.
How Grind went from a Shoreditch mobile phone shop to a growing coffee empire November 21, 2023 Entrepreneur stories start in all manner of ways. In David Abrahamovitch’s case, it was taking over his late father’s mobile phone shop in Shoreditch. A long-term lease and an interest in coffee led him to open up Grind, one of the early entrants in London’s then nascent flat white scene. That single store has evolved [...]
M&S given go ahead to take Gove to court over Marble Arch store revamp November 20, 2023 M&S has been given the green light to challenge Micheal Gove over his decision to reject the store's plans to revamp its flagship shop in Marble Arch.
What is going on with Ocado’s share price? November 20, 2023 Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S.
Khan gives thumbs-down to MSG Sphere venue in east London November 20, 2023 Plans to build a giant sphere-shaped music venue in Stratford have been dealt a blow after Mayor of London Sadiq Khan rejected the proposals today.