B&M poaches Asda exec in bid to shake off accounting blunder June 24, 2026 B&M has poached an Asda executive to replace the chief financial officer who quit over a £7m accounting blunder, as the retailer eyes a drastic turnaround. The FTSE 250 firm said on Wednesday that Atheeq Akbar, currently vice president of commercial finance at Asda, will join the firm as chief financial officer next year. B&M’s [...]
FICO UK Credit Card Market Report: April 2026 June 24, 2026 Balances return to record high as spend increases and repayments fall, suggesting inflation and energy prices are hitting hard
JD Sports becomes latest blue-chip to trade on New York market June 24, 2026 JD Sports has become the latest blue-chip firm to trade its shares onto a New York market in an attempt to boost its appeal to American investors without having to shift its listing to the US. On Wednesday, the retail giant will begin trading on OTC Markets’ over-the-counter market in America, City AM can reveal, [...]
Mary Kay Extends Winning Streak With Fourth Year as #1 in Global Direct Selling Beauty June 23, 2026 Euromonitor International Recognizes Mary Kay’s Sustained Leadership In Skin Care And Color Cosmetics
Coca-Cola brings in restructuring lineup over failed Costa sale June 22, 2026 US beverage giant Coca-Cola has called in a team of restructuring experts to advise on the failed sale of high street drinks retailer Costa Coffee last year. Consultancy firms Alvarez & Marsal and Alix Partners, which both have prominent City presences, are reportedly advising the coffee chain after an attempt to sell it off was [...]
Retailers Lose £29 Million to Returns Fraud Across 1 Million Orders, as New ReBound Data Reveals Industry “Blind Spot” June 22, 2026 Analysis of one million real-world shopper returns finds £29 million in potentially fraudulent activity, with retailers exposed to significant gaps in detection
Would a £10bn VAT cut really save hospitality? June 20, 2026 Calls for the government to slash VAT on hospitality firms have been backed by pub and restaurant bosses, and Prime Minister hopeful Andy Burnham. What would this tax break really mean for the economy? The UK’s pubs, hotels and restaurants say they are at breaking point. Higher business rates, hikes to national insurance and minimum [...]
Retail sales jump as third-warmest May on record sends Brits to the high street June 19, 2026 UK retail sales climbed in May, as consumers flocked back to the high street amid the heatwave and showed sustained demand for new electronic products. Retail sales volumes are estimated to have increased by 1.2 per cent in May, following a 1 per cent fall in April as fears over the Iran war caused Brits [...]
Yas Queen’s: Why HSBC Championships expansion has been a smash for business June 18, 2026 When Queen’s Club welcomed back a women’s tournament after a half-century hiatus last year, turning the HSBC Championships into a two-week festival of men’s and women’s tennis, it looked to be a no-brainer. The men’s event at the exclusive west London members’ establishment had long been Wimbledon’s little brother, beloved of fans, players and brands [...]
Halfords eyes garage growth after wheels fall off cycling boom June 18, 2026 Retail and autocentre giant Halfords will deliver its full-year results next week, hoping to deliver sustained growth after a Covid-era bike boom. Felix Armstrong profiles the FTSE stalwart Head to the very back of a Halfords store, snaking your way round the air fresheners, tents, brake fluid and torches, and you will find the bike [...]