Air fryer frenzy sees Ninja’s European sales rocket past £1bn January 7, 2026 A surge in demand for air fryers has helped Sharkninja’s European sales surge past the £1bn mark for the first time, the firm’s latest accounts reveal. Sharkninja Europe, the UK-based subsidiary of the US consumer appliance maker, posted turnover of £1.2bn in 2024, a whopping 43 per cent increase on the previous year, as Brits [...]
Claire’s and The Original Factory Shop collapse into administration, risking thousands of jobs January 6, 2026 High street chains Claire’s and The Original Factory Shop (TOFS) are being put into administration, after their owner said “last-ditch” measures had fallen through, putting about 2,500 UK staff at risk of redundancy. The two retailers had already undergone restructuring and were bought by investment firm Modella Capital last year. Modella said it had made [...]
FTSE 100 Live: Next gets Christmas boost; JLR sales crash after cyber attack January 6, 2026 Good morning and welcome back to the City AM liveblog. British defence stocks were taken for a ride on Monday after rising geopolitical tensions put heightened investor appetite. It was the City’s defence giants Babcock and BAE leading the FTSE 100 to start the week, alongside gold miners who were benefiting from the surging price [...]
Soaring food costs send shop price inflation higher January 6, 2026 Soaring food costs pushed shop price inflation higher in December, fresh data has revealed, as Brits faced the crunch during the Christmas season. Food inflation reached 3.3 per cent in the final month of 2025, up from three per cent in November, with fresh produce rising to 3.8 per cent from 3.6 per cent previously. [...]
Fashion giant Zara holds a mirror up to retail disruption January 5, 2026 Zara is on a mission to be more digital. From AI generated models, to reduced production timelines, to a new AI-powered virtual try-on feature, the moves point to a wider shift within the sector. The Spanish retail giant has spent the last few weeks modernising its strategy, fully embracing AI adoption to cut costs and [...]
UK consumers cut spending amid wider economic nerves December 30, 2025 UK consumers’ debit and credit card spending slumped in 2025 for the first time since the Covid-19 pandemic as wider economic nerves knocked confidence. Card spending fell 0.2 per cent in the last 12 months, according to Barclays, a sharp contrast to the 1.6 per cent growth recorded in 2024. Just a quarter of British [...]
Pizza Hut, Poundland and WH Smith: The high street brands that closed stores in 2025 December 29, 2025 A raft of major UK retail and hospitality brands shut down stores across the UK this year, with other high street mainstays closing their doors for good. It came amid a backdrop of pressure on consumer finances, rising inflation for most of the year and increased costs for businesses. As a result, numerous businesses launched [...]
‘Bumper’ Boxing Day provides boost to struggling high streets December 27, 2025 Boxing Day was a “bumper day” for all UK retail destinations as data shows shopper footfall was up 4.4 per cent on last year, making it the strongest increase in more than a decade, industry analysts said. The retail sector may end the year on a “positive note” as December 26 saw shoppers flock to [...]
Mothercare shares dive as firm warns future in ‘significant doubt’ December 23, 2025 Shares in retailer Mothercare plunged by 10 per cent on Tuesday after the group cast “significant doubt” over its future on Tuesday. In a trading update it said it had breached an emergency loan agreement leaving the firm on the hook for millions of pounds. The AIM-listed company was set to repay an £8m loan [...]
Crane drain: Construction falls to 10-year low December 22, 2025 Commercial property development in the UK has plunged to its lowest level in over a decade, as tighter monetary conditions and sparse demand continue to weigh on construction. According to a fresh analysis from Costar, just 68m square feet of offices, industrial and retail sites was being developed at the end of September, a 16 [...]