Vue cinemas get box office boost as AI takes over its film scheduling July 22, 2024 Cinema chain Vue has said using artificial intelligence (AI) to create "algorithm-driven film schedules" has helped to boost its admission numbers and profit.
Hammerson shares jump after firm sells £1.5bn stake in Bicester Village July 22, 2024 British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today.
Brand Architekts: Skinny Tan owner inks new deals with Holland & Barrett and Boots July 22, 2024 Brand Architekts, the beauty specialist behind British brands including Skinny Tan and Super Facialist has signed new deals with big name retailers including Asda, Holland & Barrett and Boots to its distributor list, as it continues to battle "challenging" conditions.
Segro sells £275m warehouse portfolio as it eyes ‘new investment opportunities’ July 19, 2024 The London-listed warehouse giant Segro has sold a group of retail spaces worth more than €327m (£275m) as it eyes “new investment opportunities”. The sale includes four warehouses, two located in Milan and two in Rome, which Segro said it had developed for “some of our largest clients” to support their expansion plans. The warehouses [...]
Cotton Traders defies high street downturn with new stores as owner nears $1.6bn float July 18, 2024 Cotton Traders has opened a slew of new stores as the former catalogue business continues to weather the challenging environment faced by high street retailers, according to newly-filed documents.
Frasers shares jump as firm’s profit comes in at the ‘top end’ of guidance July 18, 2024 The group, which became one of the UK's top retailers under the stewardship of Mike Ashley, said adjusted profit before tax rose 13.1 per cent to £545m.
Dunelm weathers wet summer as it eyes record annual profit July 18, 2024 Homeware retailer Dunelm has weathered a wet summer to deliver strong sales across its product ranges, with the company now expecting to outstrip its forecast annual profit.
Harland & Wolff slams ‘misleading’ claims government won’t back £200m loan July 17, 2024 Troubled shipbuilder Harland & Wolff has dismissed reports that the government will reject its request for a £200m loan guarantee.
British tycoon close to striking rescue deal to save The Body Shop July 17, 2024 A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency.
K3 Business Technology: Revenue slides after ‘sharply lower levels’ of activity July 17, 2024 K3 Business Technology Group, a provider of software solutions focused on fashion and apparel brands, has seen its revenue slide after a "sharply lower levels" of activity within its Global Accounts operation.
