Moving markets: Five things shaping the FTSE 100 today January 30, 2024 Asian stocks stand firm in the wake of Wall Street's record highs, while oil prices surge amidst escalating Middle East tensions, shifting investor attention towards the Federal Reserve, Bank of England, and Q4 tech earnings.
Mike Ashley’s Frasers continues expansion with move into former John Lewis site January 29, 2024 Mike Ashley’s Frasers Group will move into the former John Lewis space at Invesco’s £202m shopping centre in Queensborough, as it pushes ahead with expansion plans.
Superdry restructure could mean store closures and job losses January 29, 2024 Embattled British retailer Superdry is plotting a major restructuring which could see stores closed and jobs cuts after reporting weak sales.
Government could launch Natwest public share sale this summer January 28, 2024 The government is preparing to start selling its shares in Natwest to retail investors as soon as the middle of this year, City A.M. understands.
Knightsbridge and Chelsea hail bumper Christmas thanks to swanky shoppers splashing cash January 26, 2024 Swanky shops and restaurants around Knightsbridge and Chelsea enjoyed a bumper Christmas, helped by affluent customers splashed the cash on London’s Kings Road.
Wickes bosses shrug off falling ‘don’t do it yourself’ sales January 26, 2024 Bosses at Wickes hailed a “robust” year for home improvement retailer Wickes despite slippage in its ‘do it for me’ offering through the last six months of the year. Total like-for-like core sales for the DIY and garden centre firm were up 0.1 per cent, with an uptick of 1.2 per cent in the fourth [...]
Buy Natwest shares – not just crypto, City minister tells young investors January 26, 2024 Younger retail investors should back the British stock market and buy shares in Natwest rather than just pumping cash into cryptocurrency, the City minister has told City A.M.’s new Bonds & Ballots podcast.
Superdry: Losses widen, CFO quits and boss admits a ‘difficult’ period January 26, 2024 Embattled retailer Superdry posted further losses in its half year update, blaming a challenging retail market and underperformance of its wholesale segment.
Victoria Scholar: Women and youngsters the biggest winners amongst retail traders January 26, 2024 Victoria Scholar on the winners and losers amongst traders, Premier Foods' mince pie success, and much more
Halfords remains confident despite sales falling below expectations January 25, 2024 Halfords has said it remains confident despite its third quarter sales falling below expectations.