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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 314 Articles
  • Spring Statement: Reeves’ pro-growth message ‘at odds’ with reality, say retailers

    March 4, 2026

    The pro-growth message delivered by the Chancellor at the spring statement is at odds with the high-cost reality faced by businesses, retail and hospitality leaders have said.  Leaders in the sector have called on the Labour government to deliver urgent reform to the business rates system and slash tax and policy barriers to hiring to [...]

  • First real estate float on challenger stock market Aquis

    March 4, 2026

    A Yorkshire retail centre will become the first real estate asset to float on Aquis, London’s challenger stock exchange, with the firm to issue more than £25m in shares, City AM can reveal.   Scotch Corner Designer Village will launch its IPO in April, becoming the first listing as part of Aram, Aquis’ real estate division. [...]

  • Construction recovery remains fragile amid high costs

    March 3, 2026

    The construction sector is recovering but its growth remains fragile as developers contend with high wages, planning delays and labour shortages.  The industry will grow over the next year due to major infrastructure projects but confidence in the housebuilding and commercial sectors remains shaken, according to a report by construction firm McBains shared exclusively with [...]

  • Greggs ‘working hard’ to stop investors betting against Britain’s most-shorted stock

    March 3, 2026

    Battling to convince investors to stop shorting her bakery chain, Greggs boss Roisin Currie insisted “evolution” away from the steak bake purveyor’s key offering is the path to ever higher growth.  But it is this rampant expansion which has spooked enough investors to bet against Greggs, making it the most shorted company in the UK, [...]

  • Brewdog sale: what next for the craft beer giant?

    March 3, 2026

    Brewdog’s bars sat empty on Monday, lights off and beer taps dry, as weeks of frenzied anticipation over the sale of the craft beer titan built to a head.  It quickly became clear on Monday afternoon that many of those bars would never see another punter walk through their doors. For the venues lucky enough [...]

  • Shop price inflation eases in relief for cash-strapped Brits

    March 3, 2026

    Shop price inflation slowed in February, as retailers introduced a raft of promotions to ease the cash burden on struggling shoppers.  The price of goods in UK shops grew at a rate of 1.1 per cent in February year on year, down from the 1.5 per cent rate of inflation seen in January, according to [...]

  • Greggs profit flakes as baker faces lukewarm start to year

    March 3, 2026

    Profit at Greggs is flaking away as the chain bakery faces a lukewarm 2026, with sales slowing already this year. The chain’s underlying profit before tax fell nine per cent to £171.9m in the financial year to December 2025, though total sales were up seven per cent, the bakery’s preliminary results show. The baker is [...]

  • Owner of former WH Smith shops calls for help as stores at risk

    March 2, 2026

    The investment firm which owns a string of former WH Smith stores has called in emergency advisors as it prepares for a drastic restructuring which could leave 80 stores at risk.  Modella Capital, which bought stationers WH Smith’s retail division in June 2025, has brought on advisers at consultancy firm Teneo to direct its restructuring, [...]

  • Mortgage approvals fall to two-year low 

    March 2, 2026

    Mortgage approvals slumped to a two-year low in January as buyers remain cautious following months of damaging uncertainty around the November Budget.  Net mortgage approvals for house purchases dropped to 60,000 in January, six per cent below the 64,100 six-month average, according to new Bank of England figures.  The property market is still suffering from [...]

  • Competition watchdog probes top hotel chains over data sharing

    March 2, 2026

    The UK’s competition watchdog has launched a probe into top hotel chains including Hilton, Marriott and FTSE 100 giant IHG over their suspected use of a data analytics tool to share information with each other. The Competition and Markets Authority (CMA) announced the investigation on Monday morning, which centres around the hotel chains’ use of [...]

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