Robert Dyas losses double as Dragons Den star eyes turnaround April 23, 2026 Robert Dyas saw its loss double last year as Dragons Den star Theo Paphitis attempts to reverse the fortunes of the struggling hardware retailer. The company’s pre-tax loss widened to £4.7m last year, more than double its previous £2.3m setback, according to previously unreported Companies House filings. Former Dragons Den magnate Theo Paphitis announced last [...]
Shoe Zone shares plummet as retailer kicks out at budget tax raids April 22, 2026 Shoe Zone shares plummeted after the retailer hit out at Rachel Reeves’ budgets for stifling consumer confidence, saying the chancellor’s policy and the Iran war will kick it into a loss this year. The firm’s share price slumped by more than 32 per cent on Wednesday’s market open, leaving the stock down more than 48 [...]
Can Primark go it alone after ABF split? April 22, 2026 FTSE 100 giant Associated British Foods ended months of rumour when it announced its demerger from Primark. Felix Armstrong explores how the budget clothes retailer will fare on its own. Walk into Oxford Street’s Primark, battle through the tightly packed rows of cut-price clothing, and your eyes will seize on the bright blue lights of [...]
Boots shapes up for potential London IPO April 21, 2026 The owners of Boots have hired advisors to get the high street chemist into shape ahead of a potential London floating which could come as soon as next year. Sycamore Partners, the private equity firm which owns Boots, have been in talks with advisers in recent weeks on the possibility of floating in the capital. [...]
Associated British Foods shares slide as £10bn Primark spin-off confirmed April 21, 2026 FTSE 100 titan Associated British Foods has confirmed plans to spin off clothes retailer Primark, signalling a dramatic change in direction for the food and retail firm. Shares in the firm slid more than six per cent on Tuesday’s open, leaving the stock down 16 per cent in the year so far. The market had [...]
AI could be picking your coffee as startup takes £2m April 20, 2026 An AI-powered coffee vending machine which tells its users when and what it might like to drink is set to spring up in forecourts, gyms and campuses across the country. Unity Coffee, which uses AI to offer tailored discounts based on the time and user behaviour, has completed a £2m fundraising and aims to “disrupt” [...]
Next boss Simon Wolfson takes record £7.4m pay packet April 17, 2026 Next boss Simon Wolfson took home a bumper £7.4m pay packet last year, as his best-ever pay day could be beaten by next year’s £9.3m – if the firm meets growth targets. Wolfson’s total pay soared from £4.9m the year before, as he took £967k in basic pay and more than £6m in bonuses. The [...]
Original Factory Shop closes all stores amid collapse April 16, 2026 The Original Factory Shop has closed all 137 stores and its head office, after the retailer collapsed into administration amid growing industry fears over weak consumer confidence and high taxes. The discount department store was put into administration along with Claire’s Accessories earlier this year, as private equity firm Modella Capital said government policy was [...]
High street spending gets ‘much-needed boost’ but cost alert sent to shoppers April 14, 2026 High street spending in March remained robust though travel companies suffered from holidaymakers’ fears about organising a trip to the Middle East, research has suggested. Retail surveys have suggested that high street shops were boosted by shoppers’ Easter hunt for food, computers and toys last month. Research by the British Retail Consortium (BRC) suggested that [...]
Holland & Barrett bets on high street with public health pivot April 9, 2026 Holland & Barrett is mounting a renewed focus on its high street presence, offering free health drop-ins amid growing online misinformation and an “under pressure” NHS. The health foods retailer has faced huge losses in recent years and its new chief executive is battling to raise the profile of its high street stores. Anthony Houghton, [...]