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.
Discount retailer B&M beats ‘lockdown peak’ but shares slip as analysts left with ‘more questions than answers’ June 5, 2024 Bargain retailer B&M has exceeded its “lockdown peak” as the firm reveals it is trading at the higher end of its guidance thanks to Brits sniffing out a bargain
More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
Marks and Spencer chief’s pay soars to decade high as turnaround pays off June 3, 2024 Marks and Spencer's turnaround plan has generated huge rewards for its boss, Stuart Machin.
Harley-Davidson sues Next over alleged rip off its biker label June 3, 2024 Harley-Davidson is suing Next in London’s High Court over claims one of the retailer's T-Shirts rips off its logo.
Dr Martens: Profit dives as boot maker continues to feel the pain from lagging US market May 30, 2024 Iconic British boot maker has reported another set of poor results.
National service will damage the economy May 30, 2024 Forcing every 18-year-old into unpaid national service will harm our already decimated hospitality, retail and leisure sectors
Lower shipping costs help Victorian Plumbing navigate ‘subdued’ environment May 28, 2024 The Skelmersdale-based firm noted that it continued to gain market share in a "subdued trading environment".
Tate and Lyle reaches sale agreement of American subsidiary May 23, 2024 Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m). The [...]
Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations May 22, 2024 Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaround plans.