Majestic Wine and Poundstretcher owner Fortress cuts costs July 10, 2024 The UK arm of Fortress Investment Group, whose portfolio includes the likes of Majestic Wine, Punch Pubs and Poundstretcher, saw its revenue and profit dip during 2023 as its US owner cut costs.
SSP Group: Upper Crust owner’s shares soar on back of impressive sales July 10, 2024 Travel food specialist SSP Group has continued its momentum from of May's half-year results, thanks to continuous increases in demand for leisure travel.
Holland & Barrett sinks further into the red despite sales surge July 10, 2024 Increased footfall helped Holland & Barrett grow its sales past the £800m mark during its latest financial year but a rise in costs saw it sink further into the red.
The Notebook: The stocks dominating retail investment this month July 10, 2024 Victoria Scholar takes the notebook pen to tell us the latest trends in retail investing, from AI to US banking.
Run to Euro 2024 semi-finals triggers 1,300 per cent increase in England shirt sales July 9, 2024 The penalty shoot-out victory over the Swiss coincided with a 1,341 per cent uptick in sales.
Peacocks returns to the black after shedding hundreds of jobs July 9, 2024 Peacocks has clawed its way back to profit after shedding more than 1,400 jobs, newly-filed documents have revealed.
Lovehoney profit slashed in half as Brits cut back on adult toys July 9, 2024 Adult retailer Lovehoney has seen its profit slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown.
Dreary summer pushes consumer spending to three-year low July 9, 2024 The Barclays report found it was also not enough to keep footie fans away from the pubs, bars and clubs, which saw "modest" year-on-year growth in June, up 0.5 per cent.
Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.
Savers sees profit jump after cutting hundreds of jobs July 8, 2024 Budget health and beauty retailer Savers has seen its profit jump after shedding almost 300 jobs amid "another tough year for retail", according to newly-filed documents.