Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up June 26, 2024 The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.
Landsec: Property giant ups stake in Bluewater shopping centre to two thirds June 25, 2024 Property giant Landsec has acquired an additional 17.5 per cent stake in Bluewater, the out of town shopping centre in Kent, taking its overall ownership to over 65 per cent.
Franchise Brands more than doubles in size following latest buyout June 20, 2024 Franchise Brands, the franchise company behind brands including Barking Mad and Filta, has more than doubled its revenue for the second year in a row following its latest acquisition.
Games Workshop expects bumper year after Amazon deal June 19, 2024 Games Workshop expects to continue its robust growth this year, with revenue, licensing income and profit all anticipated to rise on its last full year reporting period, it has said.
Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
John Lewis appeals on plan for Waitrose and 428 homes June 11, 2024 John Lewis will appeal plans after a local London council failed to agree on plans to build 428 homes and a Waitrose in West Ealing, a move which has come under attack by campaign groups.
Former BHS directors hit with multi-million pound ‘wrongful trading’ ruling June 11, 2024 In a landmark ruling, the High Court has delivered a damning verdict against the former directors of BHS Group, eight years after it collapsed
Inditex: Zara owner unfazed by wet weather as viral Tiktok clothing drives sales June 6, 2024 The owner of Zara, Bershka and Pull and Bear, has hailed a strong start to the summer as wet weather did not seem to deter shoppers from hitting the high street.
N Brown Group shores up bottom line amid slump in revenue June 6, 2024 The owner of the Jacamo and Simply Be clothing brands has blamed macroeconomic challenges for the slump in revenue it reported in its full year results which also included a jump in profit.
Oxford Street: Vacancy rates back to pre-Covid levels as Euros and Olympics to give London a tourist boost June 5, 2024 Just two per cent of units across Oxford Street are now either vacant or let to “low quality” retail units, in the latest signal recovery is underway at London’s biggest shopping district.