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

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House prices dip in May after stamp duty change

June 6, 2025

House prices in the UK fell slightly in May after market activity dropped following the end of the stamp duty holiday earlier this year according to the latest data from lender Halifax. Prices fell by 0.4 per cent in May after rising 0.3 per cent in April, putting the value of an average UK home [...]
One in ten retail jobs at risk in the next three years

June 6, 2025

Cost pressures in UK retail mean one in ten jobs are at risk of disappearing by 2028, according to a new report. The number of jobs in retail has already dropped by over 350,000 since 2015, a fall nearly ten times bigger than the total number of jobs in the steel industry, the British Retail [...]
Investors cheer Dr Martens’ turnaround plan – but will it work?

June 5, 2025

Shares in Dr Martens have jumped by a fifth as investors cheered on the shoemaker’s new strategy for growth. The iconic brand said it had “failed to take advantage” of its leather goods offering and plans to expand its range of sandals and bags. It’s a “fundamental shift” for the brand, designed to open the [...]
Dr Martens: Shoemaker broadens range of sandals and bags as profit plummets

June 5, 2025

Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. It will move away from a narrow focus on boots to a much broader approach targeting shoes, sandals and bags via a strategy called “Levers for Growth”. “Our ambition is to establish Dr. Martens as the world’s [...]
Young’s: Pub giant raises dividend as earnings jump

June 5, 2025

Pub and bar operator Young & Co’s has reported a significant jump its earnings despite surging costs. The hospitality firm, which has 277 pubs across the UK, told markets that revenue rose 24.9 per cent from £388.8m to £485.8m in the 52 weeks ended March 31. The nearly 200-year-old pub business said adjusted operating profit [...]
Whoppers on choppers: Deliveroo launches first drone-delivery service

June 5, 2025

Deliveroo has announced the rollout of a drone-delivery service for takeaways, with early test flights to be carried out in Ireland. Launching in Blanchardstown, Dublin, initial flights will be used to see how effective the drones are in delivering food, with the ultimate aim to expand the service across the UK and Ireland. “We have [...]
Government warned over demand for landlords to retrofit homes

June 5, 2025

Government plans to improve the energy efficiency of private rented housing are “unachievable” due to a shortage of skilled workers, the National Residential Landlords Association (NRLA) has warned. Under current proposals by the Department for Energy Security and Net Zero (DESNZ), which are aimed at keeping homes warm and energy bills low, landlords have until [...]
Estate agency Foxtons targets commuter towns in drive for growth

June 4, 2025

London’s biggest estate agency, Foxtons, expects ever-rising demand for rental homes in and near the capital to help it double its profit in the medium term. The sales and lettings agency outlined plans to double its profit to £50m over the medium term by acquiring estate agents in commuter towns, integrating AI, and enhancing consumer loyalty. Chief [...]
WH Smith nears sale of high street chain as revenue rises

June 4, 2025

WH Smith has confirmed it remains on track to sell its high street division to the owner of Hobbycraft by the end of the month. In March, the FTSE 250 company announced it had agreed to offload the arm to private equity firm Modella in a deal which valued it at £76m. When complete, the [...]
B&M: Revenue ticks up as new stores outperform

June 4, 2025

Discount retailer B&M has reported a bump in its full-year earnings after progress in France and a better-than-anticipated performance at its new stores. The London-listed Luxembourg-headquartered company reported revenue of £5.57bn in the 52 weeks ended March 29, up 3.7 per cent year on year. It said the higher revenue was “primarily driven” by the contribution [...]

‘Vulnerable’ Lloyds and Barclays shares dip as tariff turmoil hits FTSE 100

Ukraine invasion anniversary prompts fresh Russia Paralympics ban calls

Inside Sarah Ferguson’s £100k-a-week rehab with lakeside apartment and round-the-clock therapy

By: Amber Murray

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