Sydney knife attacker shot dead by police after killing six at shopping centre April 13, 2024 A knife attacker killed six people and injured several others in a stabbing spree at a Sydney shopping centre before being shot dead by police.
Gravity bags £30m as punters pick experiences over goods February 27, 2023 Gravity, which runs trampoline parks and other active entertainment experiences, across the UK, has secured £30m in funding from investor Sculptor to help grow the business. Gravity, which has 17 sites nationwide, said the funding will help to expend the business, with the group expected to announce a pipeline of new venues in UK cities [...]
The Body Shop: Full list of stores to close as almost 500 jobs cut February 29, 2024 The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.
The Body Shop owners sell ‘avant-garde’ skincare brand Aesop to L’Oréal for £2.5bn April 4, 2023 L’Oreal has agreed to buy Australian skin care brand Aesop for $2.5bn (£2bn). The French cosmetics giant snapped up the brand from Natura &Co – owners of British retailer The Body Shop. Since its formation over 30 years ago, Aesop has grown greatly in popularity and is most known for its hand soaps and body [...]
Online sales tax gets canned for its ‘complexity’ November 17, 2022 Jeremy Hunt has scrapped the online sales tax, moving away from plans to better support the high street. Following a consultation, the Chancellor decided to dump the tax, reflecting the concerns about the complexity of the move, as well as “creating unintended distortion or unfair outcomes between different business models”. The levy was designed to [...]
Boxing Day footfall bounce for retail as West End chief calls for recovery help December 27, 2022 Retail destinations across the country reaped the rewards of a Christmas without Covid restrictions as Boxing Day sales enticed shoppers out of their houses. However, business leaders noted footfall was still below 2019 levels and called on the government to help accelerate retail’s recovery from the Covid-19 pandemic as it grapples with an economic downturn. [...]
Barclays, Lloyds, Halifax and Bank of Scotland to shut 63 more branches – including in London June 2, 2023 Two of the country’s biggest banking giants have announced they are slashing another 63 branches, taking away services from local communities around the UK. Barclays and Lloyds Banking Group between them announced a series of closures which are due to take place later this year or early next year. Barclays said on Friday it was [...]
Sadiq Khan to address ‘cost of doing business’ crisis at summit with Uber and Natwest June 20, 2023 Sadiq Khan is set to address the “cost of doing business crisis” at a crunch summit with firms including Uber, Natwest and KPMG. The mayor of London will welcome more than 200 CEOs to his annual City Hall business reception at the Crystal in east London today. He is expected to tell firms the “cost-of-doing-business [...]
Where can I watch the Rugby World Cup in London? September 14, 2023 The Rugby World Cup is up and running and after the success of last week’s London recommendations, City A.M. have looked at – and in some cases tried – what’s on offer in the capital ahead of this weekend’s second group of fixtures. Asahi fan zone, The Scoop Outside the former office of the London [...]
Harrods to open Westfield outlet shop to ease pressure on Knightsbridge store May 28, 2020 Harrods is preparing to open a new London outlet to host its summer sale and create more space at its Knightsbridge flagship store. The Harrods Outlet at Westfield Shepherd’s Bush will open in July and offer discounted stock from the existing season that the retailer was unable to sell when stores closed during the UK [...]