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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M&S admits hackers stole personal customer data in cyber attack

May 13, 2025

M&S has told customers that some of their personal data was stolen during the serious cyber attack the company has been battling for three weeks. The retail giant said that the data does not include useable payment or card details, nor does it include account passwords. It said there is no need for customers to [...]
Marston’s: Pub chain swings back into the black

May 13, 2025

British pub chain Marstons has reported a significant uptick in profit amid higher demand and cost savings. The hospitality giant told markets this morning that underlying profit before tax increased to £19m in the first half of the year, up from a loss of £0.2m last year. Operating profit increased by 20.1 per cent to [...]
On The Beach: Demand for city breaks boosts travel group

May 13, 2025

On The Beach has reported a double-digit profit increase in another market-outperforming trading update. The online package holiday specialists told markets this morning that adjusted revenue grew 12 per cent year on year in the first half of 2025. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 19 per cent year on year. [...]
Retail sales shoot up in sunniest spring on record

May 13, 2025

Retail sales rose at their fastest rate for more than a year after warm weather drove Brits to bring forward summer purchases. Total retail sales in the UK increased by seven per cent year on year in April after declining of four per cent in the same month last year, according to new figures from [...]
Debenhams: Shares in Boohoo owner rise amid £175m refinancing talks

May 12, 2025

Shares in Debenhams Group, which also includes brands such as Boohoo, have risen amid talks over a £175m refinancing its huge debt pile as it looks to turn around the struggling business. The owner of Pretty Little Thing, which rebranded to Debenhams earlier this year in a shift to a marketplace model, has been struggling [...]
Brent Cross shopping centre taken over in £200m deal

May 12, 2025

London’s Brent Cross shopping centre is to come under the full control of Hammerson after a £200m deal to buy out Aberdeen was confirmed. Hammerson, which currently owns 41 per cent of the landmark shopping centre, will raise its stake to over 90 per cent by acquiring units from the Aberdeen UK Shopping Centre Trust. [...]
Burberry’s share price jumps as tariff war cools

May 12, 2025

Burberry’s share price jumped this morning after news of a US-China tariff deal boosted luxury stocks across the world. The luxury giant’s share price rose more than six per cent in early trades. It has risen nearly 20 per cent in the last month. The boost, which comes just ahead of Burberry’s yearly results on [...]
Historically sunny spring to set UK retailers up for a bumper quarter

May 10, 2025

The UK’s sunniest spring on record has encouraged Brits into brick and mortar stores in a much-needed boost for Britain’s struggling retailers. Britain experienced its sunniest April ever in 2025, while Wales, Scotland, and Northern Ireland each recorded their second sunniest. The effect has been to loosen wallets and “encourage shoppers to head out to [...]
Zara boss calls for crackdown on fast-fashion tax loophole

May 9, 2025

The head of Zara’s parent company has called for a US-style crackdown on shipments of small goods in Europe to “level the playing field” between Chinese and European firms. Chinese giants Shein and Temu have heavily disrupted the global fashion market in the last few years, putting pressure on older companies. Part of their meteoric [...]
Mortgages rates set to fall after Bank of England interest rate cut

May 9, 2025

Analysts have predicted that the Bank of England’s decision to reduce interest rates on Thursday will encourage major banks to cut mortgage rates. Lower rates will be a major affordability boost for the UK’s housing market, which continues to price out young buyers unable to rely on financial gifts or savings. “If homebuyers can borrow more, they [...]

London mayor gives green light for pedestrianised Oxford Street

Emirates boss on Arsenal stadium, leaving F1 and NBA Europe

London is the best food city in the world – here are 3 reasons why

By: Amber Murray

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