Tesco: Britain’s biggest supermarket raises profit guidance as shoppers trade up over Christmas January 11, 2024 Britain’s biggest supermarket Tesco has upgraded its profit guidance for the year off the back of a strong Christmas performance.
Junkyard Golf Club continues to create jobs despite cost-of-living crisis January 10, 2024 Junkyard Golf Club continues to expand and create jobs despite rise in costs.
Shoe Zone thanks back-to-school shopping for near 20 per cent profit boost January 9, 2024 High street retailer Shoe Zone thanked back to school shopping for a 19.1 per cent jump in profit before tax for the full year.
London restaurant openings near pre-pandemic levels as wealthy eaters splash out January 8, 2024 The number of new restaurants opening in London has almost returned to pre-pandemic levels, despite ongoing pressure placed on the industry.
Revs to shut Liverpool bar and host of others as youngsters stop spending January 5, 2024 Revolution Bars has said it will close down eight of its least profitable venues in response to young people scaling back nights out due to the cost of living crisis. In a trading update, the nightlife operator blamed younger customers feeling the “disproportionate” effect of the cost-of-living crisis and the national living wage increase for [...]
More misery for London retail as footfall flatlines January 5, 2024 London retailers took yet another battering over December as footfall fell -1.4 per cent on a year-to-year basis, according to new figures from the British Retail Consortium (BRC). Festive cheer did not appear to be enough to drag shoppers back to the capital’s high streets, with the figure widening from -0.4 per cent the [...]
Cost of living crisis? Champagne sales in House of Lords reach highest level for five years January 2, 2024 The cost is up slightly from the 2022 total, when 1,580 bottles were sold at a cost of £85,462.51.
Charlie Bigham on inflation, his success and why he doesn’t make ready meals December 30, 2023 Bigham, now 56, started his food business over two decades ago, packing in a career as a management consultant for a taste of self-employment.
What will be in store for retail in 2024? December 26, 2023 As 2023 draws to a close, experts in the retail space have shared their thoughts on what next year might look like for the sector.
UK retailers report weak December sales, downbeat about January December 21, 2023 British retailers reported a downturn in already weak sales this month as consumers feel the squeeze from high borrowing costs and inflation, and they are gloomier about the start of 2024, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a gauge of sales over the year to December, [...]