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By: Felix Armstrong

Retail Reporter Felix Armstrong is City AM's retail reporter, covering retail, hospitality and property news. He has previously written for The Times, The Guardian, The Telegraph and The i Paper. Email Felix at Felix.Armstrong@cityam.com

All 230 Articles
  • London local elections 2026: Who will win in Lambeth?

    April 23, 2026

    Walking south from the banks of the Thames into Kennington, Vauxhall and Brixton takes voters through a key battleground for Zack Polanski’s Greens and into some of Labour’s London heartlands. The residents of Lambeth know something the rest of the country doesn’t. The borough, which stretches southwards from the bank of the Thames, will be [...]

  • Food inflation rises as ‘storm clouds gather’

    April 22, 2026

    Food inflation has started to climb as industry figures warn “storm clouds are gathering” over potential double-digit food inflation later this year. The rate of food inflation climbed to 3.7 per cent in the year to March, up from 3.3 per cent year on year to February, according to the Office of National Statistics. This [...]

  • London house prices sink again as wealthiest areas hit

    April 22, 2026

    House prices in London have fallen for the seventh consecutive month, as the capital’s luxury hot spots saw huge slumps in value. House prices dropped more than 12 per cent in Westminster – which includes in-demand areas like Mayfair and Knightsbridge – and 11 per cent in Kensington and Chelsea. The average house price in [...]

  • Reckitt shares slump as Durex owner fears £150m Iran war hit

    April 22, 2026

    Reckitt shares slumped after the consumer goods giant warned it could take a hit of up to £150m if the Iran war keeps oil prices high for the rest of the year. The FTSE 100 firm – which owns Durex condoms and cleaning brands like Dettol, Vanish and Calgon – saw its stock fall by [...]

  • Shoe Zone shares plummet as retailer kicks out at budget tax raids

    April 22, 2026

    Shoe Zone shares plummeted after the retailer hit out at Rachel Reeves’ budgets for stifling consumer confidence, saying the chancellor’s policy and the Iran war will kick it into a loss this year. The firm’s share price slumped by more than 32 per cent on Wednesday’s market open, leaving the stock down more than 48 [...]

  • Can Primark go it alone after ABF split?

    April 22, 2026

    FTSE 100 giant Associated British Foods ended months of rumour when it announced its demerger from Primark. Felix Armstrong explores how the budget clothes retailer will fare on its own. Walk into Oxford Street’s Primark, battle through the tightly packed rows of cut-price clothing, and your eyes will seize on the bright blue lights of [...]

  • Boots shapes up for potential London IPO 

    April 21, 2026

    The owners of Boots have hired advisors to get the high street chemist into shape ahead of a potential London floating which could come as soon as next year. Sycamore Partners, the private equity firm which owns Boots, have been in talks with advisers in recent weeks on the possibility of floating in the capital. [...]

  • Government urged to halt food inflation ‘before it’s too late’

    April 21, 2026

    The food industry’s leading trade body has urged the government to act on food inflation before it’s “too late” to protect consumers and businesses.  The Food and Drink Federation (FDF) expects food inflation to soar from three to between nine and 10 per cent this year, and has accused the government of lacking “urgency” to [...]

  • Associated British Foods shares slide as £10bn Primark spin-off confirmed

    April 21, 2026

    FTSE 100 titan Associated British Foods has confirmed plans to spin off clothes retailer Primark, signalling a dramatic change in direction for the food and retail firm. Shares in the firm slid more than six per cent on Tuesday’s open, leaving the stock down 16 per cent in the year so far. The market had [...]

  • Sainsbury’s to deliver food inflation update as Argos future could be settled

    April 21, 2026

    After Tesco hit back against fears of double-digit food inflation last week, supermarket rival Sainsbury’s is set to update the market this week. From the Iran war to the future of Argos, Felix Armstrong looks ahead to a landmark set of results due on Thursday. Sainsbury’s spooked shoppers last week when it threatened people caught swapping [...]

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