Retail and leisure

2019 Articles

Thomas Cook 'could collapse by weekend': What happens now?
Thomas Cook 'could collapse by weekend': What happens now?
Thomas Cook could crumble into collapse as early as Sunday if it cannot find another £200m to seal a rescue [...]
September 20, 2019
Eve Sleep cancels Simba merger talks
Eve Sleep cancels Simba merger talks
Eve Sleep has called off a potential merger with rival Simba Sleep as it said “now is not the right [...]
September 20, 2019
Debenhams wins High Court landlords battle
Debenhams wins High Court landlords battle
Debenhams has won a High Court battle with landlords to push through its CVA proposal that will lead to store [...]
September 19, 2019
UK retail sales unexpectedly fall in August
UK retail sales unexpectedly fall in August
UK retail sales fell in August as British shoppers bought fewer goods than in July, defying expectations of zero growth [...]
September 19, 2019
City Pub Group to scale back acquisitions amid Brexit worries
City Pub Group to scale back acquisitions amid Brexit worries
One of the UK’s listed pub chains signalled it would scale back on buying new establishments as the company waits [...]
September 19, 2019
Tate & Lyle agrees £930m pension deal with Legal & General
Tate & Lyle agrees £930m pension deal with Legal & General
Food and drink ingredient supplier Tate & Lyle has agreed a £930m annuity insurance “buy-in” with Legal and General. Tate [...]
September 19, 2019
Next defies retail gloom with rise in profits
Next defies retail gloom with rise in profits
Next reported a rise in pre-tax profits and sales this morning, as the retailer shrugged off tough trading conditions on [...]
September 19, 2019
JD Sports' £90m Footasylum deal 'could lessen competition'
JD Sports' £90m Footasylum deal 'could lessen competition'
The UK’s competition watchdog has warned that JD Sports’ £90m move for rival Footasylum may hurt competition on the high [...]
September 19, 2019
Sports Direct notifies business department as it continues auditor hunt
Sports Direct notifies business department as it continues auditor hunt
Sports Direct has notified the Business, Energy and Industrial Strategy (BEIS) department that it is tendering for a new auditor [...]
September 18, 2019
UK inflation falls to lowest rate in three years
UK inflation falls to lowest rate in three years
UK inflation slipped to its lowest point in three years in August, official figures have shown, dragged down by falling [...]
September 18, 2019
Profits slide and sales wane at B&Q owner Kingfisher
Profits slide and sales wane at B&Q owner Kingfisher
Kingfisher reported falling profits and sales this morning as its struggling B&Q chain held back the firm’s turnaround efforts. Pre-tax [...]
September 18, 2019
Starbucks rolls out coffee delivery service in UK
Starbucks rolls out coffee delivery service in UK
Starbucks is rolling out a delivery service which will allow customers across the country to wake up and – immediately [...]
September 17, 2019
Sainsbury's outperforms big four rivals
Sainsbury's outperforms big four rivals
Sainsbury’s was the best performing of the big four supermarkets, according to industry data for the latest 12 week period, [...]
September 17, 2019
Ocado sales growth accelerates after Andover fire recovery
Ocado sales growth accelerates after Andover fire recovery
Online supermarket Ocado reported accelerating growth in the third quarter after it secured an additional warehouse following a fire at [...]
September 17, 2019