By: Amber Murray

Retail Reporter Amber Murray is a reporter at City A.M., covering retail, luxury and property stores. Prior to City A.M., she worked as a sub-editor for Fastmarkets and completed a Masters in Financial Journalism at City University. Please get in touch with stories/tips/coffees at amber.murray@cityam.com

All 1422 Articles

M&S hail fresh start as turnaround bears fruit but still ‘potential for growth’

September 5, 2024

Marks and Spencer‘s bosses have hailed the start of a new era for the multi-market firm as the turnaround plan it began in 2022 shows signs of having created long-term, sustainable growth potential. M&S clothing and home managing director Richard Price said that perception of the brand has improved in recent years, but there are [...]
Grenfell: Barratt says fixing widespread cladding issues will take up to five years

September 4, 2024

Barratt has said there is a shortage of qualified fire engineers who are able to refit buildings to reliable safety standards in light of the Grenfell tower disaster. “We recognise that this will take another three to five years to work through to resolution,” chief executive David Thomas said in the company’s full-year results. “There [...]
Grenfell Tower fire: ‘Systematic dishonesty’ by construction firms, report reveals

September 4, 2024

The 72 deaths in the Grenfell Tower fire were avoidable, and the blaze was a result of “decades of failure” by government and the construction industry, a report into the disaster has concluded. Scores of people who lost their lives in the blaze which engulfed the 24-storey tower block in north Kensington, on June 14, [...]
Chapel Down: Half-year profit almost wiped out as wine maker blames ‘one-off factors’

September 4, 2024

English wine producer Chapel Down has blamed ‘one-off factors’ for its pre-tax profit almost being wiped out during the first half of its financial year. The Kent-headquartered company, which is listed on AIM, said the fall from £2.4m to £40,000 in the in the six months ended 30 June was due to a ‘difficult macroeconomic environment’, [...]
Barratt: Profit halves at housebuilder but firm optimistic after Redrow deal

September 4, 2024

Housebuilder Barratt reported a halving in profit and drop in completions amid a challenging housing market, but has said it is optimistic about the future. Barratt said its total home completions in the year ended 30 June reached 14,004, down 18.6 per cent from 17,206 in 2023 but at the upper end of the company’s [...]
Pret founder and Itsu boss Julian Metcalfe banned from driving for using phone at the wheel

September 3, 2024

Julian Metcalfe, the founder of Pret a Manger and current boss of Itsu, has been banned from driving after being convicted of using a mobile phone behind the wheel. He claimed he was using the Waze navigation system for directions to visit his daughter, and that he didn’t know it was illegal to use a [...]
Admissions to private hospitals hit record amid NHS crisis

September 3, 2024

The number of admissions to private hospitals reached a record high in the first quarter of 2024 as the NHS crisis has pushed more Brits away from the service. There were 238,000 admissions to private hospitals in the first quarter, up six per cent on 2023 and the highest number on record, according to data [...]
How retailers like ASOS, H&M and Zara are fighting back against ‘serial’ returns

September 3, 2024

ASOS has become the latest retailer to change their returns policy as firms increasingly try to fight back on costly high-frequency takebacks – as well as outright fraud. In an email to its premier and non-premier members, the popular fashion giant shared that it would be updating its Fair Use Policy foe “select customers” in [...]
Rightmove speaking to UBS and Morgan Stanley after REA takeover interest

September 3, 2024

Rightmove is reportedly speaking to UBS and Morgan Stanley on its response to the unsolicited takeover bid from Rupert Murdoch’s REA Group, according to Bloomberg. REA announced its intention to explore a possible cash and share offer for the UK’s biggest property portal in a statement yesterday to the Australian Stock Exchange. It has said [...]
Johnson Service Group: Textile rental firm hails double-digit growth

September 3, 2024

Textile rental firm Johnson Service Group has reported double-digit growth and the £20m acquisition of a competitor in the first half of the year. The AIM-listed company, which provides textile rental, cleaning and care for service and healthcare industries, reported adjusted profit before tax rose by 31.1 per cent to £21.5m in the six months [...]

Wimbledon tennis expansion wins major battle after huge ruling on £200m plans

Google and Apple can give Team GB Lottery-like boost up medal tables

Claudia Winkleman’s new chat show is here… So what happened to the great British talk show?

By: Amber Murray

All 1422 Articles

Subscribe