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Retail

  • TfL and Westminster join forces with business to lure shoppers back to The Strand

    October 19, 2023

    A new taskforce will be set up to boost footfall to London's historic Strand district after home working trends hit retailers.

  • Nestle to close baby formula factory in Ireland due to falling Chinese birthrates

    October 19, 2023

    Nestle will close down a baby formula factory in Ireland due to a falling birth rate in China, placing 560 jobs at risk. 

  • Dunelm sales jump nine per cent rise as customers seek homeware value

    October 19, 2023

    Homeware retailer Dunelm reported a nine per cent rise in sales during its first quarter, as shoppers continue to splash out on bedding and curtains despite the cost of living crisis.  The cushions to candles provider said that total sales for the year came to £390m, thanks to demand for its autumn collection which included [...]

  • Onthemarket to be snapped up by Nasdaq-listed Costar in £99m deal

    October 19, 2023

    The deal represents a significant premium of 56 per cent to Onthemarket's 70.5p share price at close on Wednesday, according to a statement on the London Stock Exchange this morning.

  • Hollywood Bowl defies cost of living crisis with summer boost

    October 19, 2023

    Hollywood Bowl has powered through the summer thanks to growing customer demand and a strategy of expansion. Despite some leisure activities taking a hit during the cost of living crisis, the ten-pin bowling operator said it has been an affordable activity for many in recent months. Prices range between £10.88 and £38.48. This strong customer [...]

  • Deliveroo holds guidance as UK revenue rises despite global dip

    October 19, 2023

    Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland.  According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]

  • Costar set to make £100m bid for Onthemarket – report

    October 18, 2023

    Property site Onthemarket could be subject to a £100m takeover bid as early as tomorrow, according to a report.

  • Amazon to start drone delivery in the UK next year

    October 18, 2023

    Amazon Prime's Air drove delivery service is set to expand into the UK in late 2024, the company confirmed today.

  • No-shows at pubs, restaurants and bars double

    October 18, 2023

    Pubs, bars and restaurants have seen the number of customer no-shows double over the past year, according to new figures. About one in eight reservations is not being honoured, with customers also not telling venues they need to cancel, research by industry experts from Zonal and CGA by NIQ has revealed. It comes amid a [...]

  • Royal Mail delivery disasters continue amid reports of delays and lost letters

    October 18, 2023

    Ofcom could fine Royal Mail after it failed to deliver on postal targets across the whole of the UK this summer.

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