Hamleys: More loss-making stores closed by iconic toys seller Retail Hamleys has closed another raft of loss-making stores as it battles to boost its bottom line. The retailer shuttered 29 shops during its latest financial year, having also closed 40 in the prior 12 months. Hamleys, which also opened 22 new locations in the year, now operates 11 stores in the UK and has 176 [...]
Bensons for Beds: ‘It would have been easy for staff to lose heart’ Retail Bensons for Beds has admitted it “would have been easy” for its employees to “lose heart” during its latest financial year which saw the chain battle a worsening retail environment. The Lancashire-headquartered business paid tribute to its more than 1,800 members of staff for what it called a “strong set of results”. Those results, for [...]
Sweet success for Haribo as sales hit new record Retail The UK arm of sweets brand Haribo has achieved record sales for a third year running as its profit also jumped. The West Yorkshire-based division has reported a turnover of £291.5m for 2024, up from the £270.7m it achieved in 2023. The company’s UK sales increased in the year from £258.6m to £278.2m while its [...]
Clarks cuts over 1,200 jobs as sales fall by almost £100m June 30, 2025 Clarks cut more than 1,200 jobs as its sales slumped by almost £100m during its latest financial year, it has been revealed. The Somerset-headquartered shoe retailer has reported a revenue of £901.3m for 2024, down from the £994.5m it achieved in 2023. New accounts filed with Companies House also show that Clarks’ headcount fell from [...]
Lego: Profit spikes as sales pass major milestone June 25, 2025 Profit at the UK arm of Lego spiked in 2024 as its sales passed the £500m mark for the first time, it has been revealed. The Berkshire-headquartered division of the Danish giant has reported a pre-tax profit of £42.9m for its latest financial year. The total comes after Lego posted a pre-tax profit of £24.2m [...]
Matalan: Huge losses continue as almost 200 jobs lost June 19, 2025 Huge losses have continued at Matalan as its sales dipped below £1bn and it shed almost 200 jobs. The Liverpool-headquartered retailer has reported a pre-tax loss of £67.2m for the 12 months to 22 February, 2025. The total comes after Matalan also posted a pre-tax loss of £60m in its prior year. New accounts also [...]
Represent: Clothing brand almost doubles sales in two years June 10, 2025 Sales at clothing brand Represent jumped towards the £100m mark in a “landmark year” which saw it double down on collaborations, grow its activewear and expand into further into the US. The business, which was founded by brothers George and Michael Heaton, has posted a turnover of £93.8m for 2024, up from the £80.8m it [...]
Interflora owner returns to profit despite sales slip June 3, 2025 The owner of the UK arm of Interflora has returned to the black despite its sales falling during its latest financial year, it has been revealed. The Lincolnshire-headquartered business has posted a pre-tax profit of £1.9m for 2024, according to new accounts filed with Companies House. The profit comes after the firm behind Interflora’s UK [...]
Shoe Zone given a kicking as shares slump after losses revealed May 21, 2025 Shares in Shoe Zone have suffered a huge drop after the retailer revealed it had fallen to a loss during the first half of its financial year. The Leicester-headquartered company has reported a pre-tax loss of £2.3m for the six months to 29 March, 2025. The business had previous posted a pre-tax profit of £2.6m [...]
Currys: Shares dip despite interest rates helping sales at retailer May 21, 2025 Electrical retailer Currys has reported a jump in profit after sales jumped thanks in part to a boost from lower interest costs. In a trading update on Wednesday, the firm said it expects pre-tax profit to come in at £162m, up 37 per cent year-on-year. Previous guidance had indicated profit for the period ending May [...]