Retail and leisure

2019 Articles

Retail footfall down 10 per cent in seven years
Retail footfall down 10 per cent in seven years
The number of shoppers on the high street has dropped by 10 per cent over the last seven years, according [...]
October 14, 2019
Competition watchdog to examine £1.3bn tie-up between Slug and Lettuce-owner Stonegate and pub chain Ei Group
Competition watchdog to examine £1.3bn tie-up between Slug and Lettuce-owner Stonegate and pub chain Ei Group
The Competition and Markets Authority (CMA) today said it was considering whether the £1.3bn merger between Slug and Lettuce-owner Stonegate [...]
October 11, 2019
Peppa Pig swings to loss days before Hasbro merger vote
Peppa Pig swings to loss days before Hasbro merger vote
Peppa Pig owner Entertainment One has revealed a £43.9m loss in the first quarter of the year, just days before [...]
October 11, 2019
Debenhams secures extra £50m funding for Christmas period
Debenhams secures extra £50m funding for Christmas period
Debenhams has secured an extra £50m from its lenders to support the struggling department store through the crucial Christmas trading [...]
October 10, 2019
Online cosmetics firm Cult Beauty hires advisers to explore sale
Online cosmetics firm Cult Beauty hires advisers to explore sale
Online cosmetics business Cult Beauty has reportedly hired advisers to explore a potential sale of the company. The firm, which [...]
October 10, 2019
Dunelm shares slump despite revenue growth
Dunelm shares slump despite revenue growth
Shares in Dunelm dropped more than eight per cent this morning despite reporting growth in the first quarter, following a [...]
October 10, 2019
N Brown returns to profit after digital transformation
N Brown returns to profit after digital transformation
Shares in N Brown jumped 7.8 per cent this morning after the plus-size retailer reported it returned to profit in [...]
October 10, 2019
Barclay brothers mull £800m sale of The Ritz Hotel
Barclay brothers mull £800m sale of The Ritz Hotel
David and Frederick Barclay, the billionaire brothers that own The Ritz, are reportedly mulling an £800m sale of the five-star [...]
October 10, 2019
Will the buyout of Thomas Cook's 555 high street stores take off?
Will the buyout of Thomas Cook's 555 high street stores take off?
At 11.53pm on Tuesday night, the directors of family-owned Sunderland-based holiday firm Hays Travel clinched what is surely the biggest [...]
October 9, 2019
Ladbrokes owner GVC upgrades earnings forecast
Ladbrokes owner GVC upgrades earnings forecast
GVC, the owner of Ladbrokes Coral, upgraded its full-year earnings guidance as the gambling giant reported an increase in over-the-counter [...]
October 9, 2019
Whitehall finds buyer for 555 Thomas Cook stores
Whitehall finds buyer for 555 Thomas Cook stores
Thousands of former Thomas Cook employees could be in for a reprieve, after the collapsed travel giant’s retail estate has [...]
October 9, 2019
B&Q owner Kingfisher appoints new finance boss
B&Q owner Kingfisher appoints new finance boss
B&Q owner Kingfisher has appointed a new chief financial officer, it said today. Bernard Bot joins the home improvement group [...]
October 9, 2019
Center Parcs owner to mull sale of holiday resort chain
Center Parcs owner to mull sale of holiday resort chain
The owner of Center Parcs UK is preparing to conduct a strategic review of the business with a view to [...]
October 8, 2019
Retailers brace for tough Christmas trading as confidence slumps
Retailers brace for tough Christmas trading as confidence slumps
Retailers are bracing themselves for a challenging Christmas trading period as consumer confidence this autumn slumped to a five-year low. [...]
October 8, 2019