Virgin wines looks to Gen-Z wine-lovers for growth after suffering loss March 17, 2026 Online retailer Virgin Wines turned a loss but remains confident a surge of Gen-Z drinkers who no longer view wine as “elitist” will push the firm into the black. The wine seller made a £400k pre-tax loss in the first half of the year, down from a £1.3m profit last year, but saw revenue grow [...]
Lidl owner Schwarz Group scores landmark Uefa partnership March 17, 2026 Uefa, European football’s governing body, has announced its first organisation-wide sponsorship deal with the parent company of discount retailer Lidl. Schwarz Group has become Uefa’s corporate strategic partner in an agreement that encompasses competition sponsorship, grassroots initiatives and recycling efforts. Lidl, already a partner of Uefa’s Europa League and Conference League as well as women’s [...]
Wickes profit doubles as DIY firm bets on solar March 17, 2026 Home improvement retailer Wickes has doubled its profit as the firm positions itself to become a leader in solar panel installation. The firm took revenue of £1.6bn, up six per cent, and pre-tax profit grew from £23m to £49m, in the year to December 2025. Wickes was promoted to the FTSE 250 last year, as [...]
Alcohol-free beer and hummus: Trendy food transforms inflation basket March 16, 2026 Healthy food and personal security products have dominated the list of additions to the Office for National Statistics’ basket of goods, which is used to calculate CPI inflation each month. Alcohol-free beer, hummus and baby food are among the new entries in the inflation basket of goods, it has been revealed. The revisions to the [...]
Chinese online retailer takes on Amazon March 16, 2026 Chinese retail giant JD.com has mounted a challenge to Amazon’s control of the home-delivery market with its UK launch of online shop Joybuy. The platform will offer big-name brands including Apple, Samsung and Lego and is taking on Amazon’s reputation for speedy delivery with its “Double 11” promise – meaning orders placed before 11am will [...]
Dragons Den star steps in to save Robert Dyas March 16, 2026 A former Dragons Den star has stepped in to “steady the ship” at a beloved high street hardware store as losses climb. Theo Paphitis, who owns a string of retailers, has installed himself as interim chief executive at Robert Dyas, as the home improvement and electrical appliance seller battles “testing times”. Paphitis bought the retailer [...]
Nine in ten hospitality job switchers quit the sector March 13, 2026 Nine in ten workers in hospitality and tourism quit the sector altogether when they switch jobs, as the hiring “churn” drives costs and dampens the industry’s productivity. As many as 87 per cent of hospitality and tourism workers who quit jobs end up leaving the industry for good, while the exit rate stands at 82 [...]
WATCH: From phone business to coffee giant – how Grind carved out a niche March 12, 2026 As retail coffee prices rise and consumer spend declines, the UK’s coffee industry has never been more competitive. US tariffs on coffee-producing countries, hedge fund speculation on commodity prices and increases in business taxes have created a challenging environment. So how has one independent, South London producer managed to beat the odds and find its [...]
Hospitality sector braces for ‘devastating’ tube strikes March 12, 2026 London’s hospitality sector could face “devastating” disruption from upcoming tube strikes, sector leaders have warned. Members of the RMT union, which represents London Underground staff, will strike over 12 days between March and May, and hospitality intelligence firm Access Hospitality has warned sector bosses to prepare now to protect their revenue. The last set of [...]
John Lewis boss: Labour must keep pledge to reform business rates March 12, 2026 Labour must honour its manifesto promise to fundamentally reform the business rates system, John Lewis boss Jason Tarry has said. The retail chairman said the changes at last year’s Budget were positive for retail but offered a “short-term” fix to a system which unfairly disadvantages physical retailers as opposed to online shops. Chancellor Rachel Reeves [...]