WH Smith shareholders eye growth plans after sale of high street stores Investors in WH Smith will be keen for more details on its strategy after agreeing to sell its UK high street stores and the potential impact of US tariffs when the retail firm updates the market next week. It has been a busy start to 2025 for the historic retailer as it has pivoted to [...]
Clintons back in profit after closing stores and cutting over 300 jobs Retail Clintons has surged back into the black after closing more stores and cutting over 300 jobs. The gift card giant has posted a pre-tax profit of £8m for the year to 29 June, 2024, according to new accounts filed with Companies House. The total comes after Clintons made a pre-tax loss of £5.3m in the [...]
HMV: Sales on song as billionaire owner helps turn around high street icon Retail Sales at HMV have more than doubled in the last three years as its recovery under the ownership of Canadian billionaire Doug Putman continues at pace. The high street staple has reported a turnover of £189.5m for the 12 months to 30 May, 2024, up from the £177.9m it achieved in the prior year. The [...]
New Look closes all stores in the Republic of Ireland February 21, 2025 High street fashion giant New Look will fully exit the Republic of Ireland, putting all of its workers in the country at risk of redundancy. The retailer’s Irish arm, which employs about 347 people, has entered into redundancy following years of losses at the high street chain. The privately-owned company said it has had to [...]