Sheffield Wednesday: New preferred bidder’s quick deal incentive revealed March 11, 2026 Sheffield Wednesday’s new preferred bidder, US group Arise Capital Partners, hopes to complete a cut-price takeover of the fallen English giants before the end of the season. The group, made up of investors David Storch, Michael Storch and Tom Costin, has emerged as the club’s latest would-be saviour with an offer reported to be in [...]
John Caudwell: Bring back Saturday jobs to fix youth unemployment March 11, 2026 Spiralling labour costs and regulation have decimated what used to be entry level jobs for teenagers, says John Caudwell I started work young. I grew worms in a box under my mother’s bed to sell to fishermen, traded cigarette packet coupons, knocked on doors selling soap for charity and later ran a small mail-order business [...]
TG Jones owner Modella Capital weighs latest asset sale March 10, 2026 The investment firm which owns TG Jones is reportedly considering the latest exit from its string of retail acquisitions. Modella Capital has been discussing a potential sale of Wynsors World of Shoes, a northern shoeseller which the firm acquired just three months ago, according to Sky News’ Mark Kleinman. The private equity firm has repeatedly [...]
Matalan gets £25m investment boost for store upgrades March 6, 2026 Clothing retailer Matalan has secured a £25m funding boost from its investors despite facing falling revenue and job losses last year, City AM can reveal. The firm’s core investor group – Invesco, Tresidor, Man Group and Napier Park – have committed the funding to accelerate the retailer’s plans to revamp its stores. The funding boost [...]
Primark appoints Eoin Tonge as chief executive March 5, 2026 Fast fashion juggernaut Primark has appointed a new chief executive, as the company looks to tighten its product offerings and bolster marketing firepower. Primark owner Associated British Foods (ABF) appointed Eoin Tonge permanent chief executive on Thursday, cementing him in the top job following his tenure as interim chief. Tonge has served as a director [...]
Brits go budget as ready meals replace restaurant dates March 4, 2026 Shoppers are opting for own-brand ready meals instead of fancy restaurant dinners in a boost for supermarkets. Brits are spending more on groceries but getting less for their money, as total till sales at UK supermarkets grew 3.3 per cent in the four weeks leading up to 22 February while the number of units sold [...]
Brewdog: James Watt ‘heartbroken’ as craft beer firm sold March 4, 2026 Brewdog co-founder James Watt has said he is “heartbroken” after the craft beer titan’s sale cost nearly 500 jobs and left thousands of “punk equity” investors empty-handed. Watt, who co-founded the firm with his school friend Martin Dickie in 2007, said the past week “has been incredibly hard” and described the sale to US cannabis [...]
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 [...]
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, [...]