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.
Gymshark: Profits continue to fall despite surge in sales February 22, 2024 Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.
Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand February 22, 2024 Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand.
Angling Direct reels in revenue despite choppy retail environment February 21, 2024 Specialist fishing tackle and equipment retailer Angling Direct has continued to make profit despite disruptions from storms and an economic downturn. In an update, the publicly listed firm said revenue grew 10.2 per cent to £81.7m in the full year to January 2024. UK sales were also hiked nine per cent to £77m, as the [...]
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing February 21, 2024 Pawnbroker H&T has snapped up a rival firm in Essex for £11.3m, as the business continues to profit from cash strapped Brits amid an economic squeeze.
UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs February 19, 2024 The UK's largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed.