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cost of living crisis

  • Shoe Zone blames higher costs and Red Sea disruption for ‘slower than expected’ sales

    March 12, 2024

    Shoe Zone has blamed higher costs, the disruption in the Red Sea and "slower than expected" sales at the end of 2023 for its reduced performance in recent months.

  • How do you know the economy’s in trouble? Pawnbrokers are doing well.

    March 12, 2024

    The listed company said it raked in £26.4m before tax for 2019, up from £19m the previous year, marking a rise of 39 per cent.

  • Revealed: Matalan lost over £100m as lenders took control

    March 6, 2024

    Matalan lost more than £100m in the year it was taken over by its lenders, newly-filed accounts have revealed.

  • Nichols: Costs take a bite out of Vimto maker’s earnings

    March 6, 2024

    Vimto maker Nichols PLC said it is continuing to trade in line with expectations despite posting a 8.1 per cent decline in EBITDA. 

  • Caffè Nero creates over 1,000 jobs as sales jump by £100m

    March 1, 2024

    The group behind Caffè Nero created more than 1,000 jobs as its sales surged by more than £100m during its latest financial year, according to new documents.

  • Price rises keep sales steady at Quality Save after takeover by Home Bargains

    March 1, 2024

    Quality Save's sales held steady despite having to transfer a number of stores to new owner Home Bargains after rising its prices.

  • Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis

    February 28, 2024

    Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.

  • Customers’ own brand switch slows sales growth at Victorian Plumbing

    February 27, 2024

    Customers switching to own brand products because of the cost-of-living crisis impacted sales at Victorian Plumbing during the first part of its financial year, according to new figures.

  • Miniso: The New York-listed Chinese retailer looking to take London high streets by storm

    February 26, 2024

    Shein was first - but it isn't the last Chinese operation coming for London

  • Tortilla Mexican Grill says adios to long serving chief

    February 22, 2024

    One of London’s most popular Mexican chain restaurants, Tortilla Mexican Grill,  has announced the departure of its long-serving boss and their successor.

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