The Danish retailer plotting to outsmart ‘unsentimental’ Modella Capital Retail On the modern-day British high street, a Scandinavian shop featuring maze-like aisles, quirky homeware and bags of licorice near the till is not quite a reinvention of the wheel. But Mikkel Grene, chief executive of Danish homeware retailer Søstrene Grene, believes his business can go toe-to-toe with Ikea and Flying Tiger for pride of place [...]
The Works shares soar as families look for ‘screen-free’ fun Retail Shares in The Works soared on Thursday morning after the retailer said growing demand for “screen-free” entertainment is driving up revenue. The Aim-listed stock jumped 11 per cent on early trading, to 60p, after it reported revenue growth of more than three per cent to £260m in the year to May. The retailer saw like-for-like [...]
High street jewellery giants struggle to sparkle Retail Growth seems to be hard to come by in almost any industry at the moment, especially as UK business leaders brace for Chancellor Rachel Reeves to deliver her expected tax hikes later this month. But the latest set of financial results for two of the country’s largest jewellery chains has shone a spotlight on the [...]
Co-op warns 150,000 jobs at risk ahead of Autumn Budget October 13, 2025 The Co-op has warned that 60,000 small shops and 150,000 jobs could be lost without business rates reform in next month’s Autumn Budget. The Manchester-headquartered group has said Britain’s high streets “face a critical moment” and that Chancellor Rachel Reeves needs to announce “maximum” business rates relief on 26 November. The call comes after City [...]
Why is the government making vapes harder to buy than cigarettes? October 3, 2025 Vaping remains the most effective tool to help smokers quit, so why is Labour trying to restrict access to vape shops, asks Andrej Kuttruf.
Retail sales see July boost but firms warn of tough winter ahead September 5, 2025 British retail sales rose more than expected in July, boosted by good weather and the UEFA Women’s Euros 2025 tournament. However, extensive revisions to previous months’ data have revealed a less volatile but ultimately slower growth picture for the year. The Office for National Statistics (ONS) today released its latest figures, showing that sales volumes [...]
Currys kicks off year with strong sales despite high street pressures September 4, 2025 Currys has reported a robust start to its new financial year, with sales growth across the UK, Ireland and Nordics, and a £50m share buyback programme as the electricals retailer looks to reward shareholders. In a trading update for the 17 weeks to 30 August, the FTSE 250 firm said UK & Ireland like-for-like revenue [...]
Debenhams transformation ‘underway’ as fortunes start to look up August 27, 2025 Debenhams has announced an improvement in trading after a long period of decline fuelled by a restructuring of its business model. The company, which rebranded from Boohoo Group earlier this year, reported earnings before interest, tax, depreciation and amortization (EBITDA) of £41.6m in 2025. The standout performer was the Debenhams brand, which grew sales by [...]
Can nostalgia save Topshop? August 20, 2025 With Topshop set to return to the high street next week, Becky Mailen asks whether nostalgia alone will be enough to save the brand.
Dr Martens firmly in recovery mode, says City broker August 18, 2025 Dr Martens is ‘making headway’ on its ambitious turnaround plan, with an ever-more positive outlook for the boot company, according to a City broker. “The debate is not whether [Dr Martens] can recover, but rather how long it will take… the process has already started,” Peel Hunt analysts said. The company, which was founded in [...]