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Retail

  • Currys to sell Greek arm for £175m to strengthen balance sheet

    November 3, 2023

    Currys announced that it was looking to offload the 90 stores across Southeastern Europe in an effort to strengthen its balance sheet.

  • Ladbrokes-owner Entain shares take hit after £45m loss

    November 2, 2023

    Entain shares fell as much as five per cent on Thursday after the Ladbrokes owner suffered from weak sport revenues.

  • Shein is plotting world domination, should UK retailers be worried?

    November 2, 2023

    It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.

  • Can Sainsbury’s flat earnings squash profiteering claims?

    November 2, 2023

    Sainsbury's has been ramping up its loyalty Nectar card scheme so that shoppers can get discounts on their groceries during a period of high inflation.

  • Asos chief: We’ll ‘reignite our brand heat’ to turn firm around

    November 1, 2023

    Despite a fall in earnings, Asos said it is on track to deliver revenue growth of pre-COVID levels by the 2025 financial year. 

  • Rinse, repeat: Next upgrades profit guidance yet again

    November 1, 2023

    High street bellwether Next continues to defy headwinds in the UK economy

  • West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period

    October 31, 2023

    New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.

  • Blank Street: How the New York coffee chain plans to take over London

    October 31, 2023

    City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.

  • AB Inbev: Budweiser maker backs guidance despite falling volumes

    October 31, 2023

    The drinks giant said that volumes fell by 3.4 per cent, with demand in other regions offset by falls in America and Europe. 

  • Coca-Cola HBC reports strong growth despite fluctuating volumes in Russia and Ukraine

    October 31, 2023

    Chief executive Zoran Bogdanovic said the company continues to invest in its future with a "clear" focus.

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