Boohoo pressures suppliers to drive down prices, says BBC probe November 6, 2023 Boohoo introduced a five per cent price cut for every week an order was late, a BBC report alleges
Could the eastern end of Oxford Street revitalise West End retail? November 5, 2023 A host of new stores at one end of Oxford Street are breathing life into London's oldest shopping street
Currys to sell Greek arm for £175m to strengthen balance sheet November 3, 2023 Currys announced that it was looking to offload the 90 stores across Southeastern Europe in an effort to strengthen its balance sheet.
Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.
Blank Street: How the New York coffee chain plans to take over London October 31, 2023 City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.
Reform business rates to keep food prices low, retail sector warns October 31, 2023 The rate at which food prices are increasing sank to its lowest level since last summer this month, as sector heads make fresh calls to the government to slash business rates to ensure the deceleration continues. According to the latest reading from the British Retail Consortium (BRC) food inflation came in at 8.8 per cent [...]
‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain October 31, 2023 Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year.
London businesses pin hopes on Black Friday for sales boost after washout summer October 26, 2023 Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.
We’re not performing warns new Unilever CEO as turnaround launched October 26, 2023 Boss Hein Schumacher said the outfit is not “reaching its potential” and productivity and returns have all “under-delivered”.
Wine sellers bottle it as middle-class customers scale back amid cost of living crisis October 25, 2023 Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.