Sausage roll chaos: Greggs forced to go cash-only and some close due to payment issues March 20, 2024 Consumers in England and Wales are reporting closed shops or cash-only payments
Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
Hamleys: World’s oldest toy store closes 40 loss-making shops as sales fall August 27, 2024 Toy retailer Hamleys is hoping a new digital strategy will help turn around its falling sales after closing 40 loss-making stores last year. The brand’s holding company has reported a revenue of £51.4m for 2023, according to newly-filed accounts with Companies House, down from the £56.6m it posted for 2022. Over the same period, its [...]
Facebook owner Meta shells out £149m to break London Regent’s Place lease September 26, 2023 Facebook owner Meta Platforms surrendered one of its two buildings at Regent’s Place, paying £149m at the end of September to break the lease. Property developer British Land revealed that the end of the lease will result in post interest savings of 0.6 pence for the half year. The £149m fee was first reported by [...]
Investment in London’s industrial market slumps to decade low as online sales fades May 16, 2024 Investment into London's industrial market has slumped to a decade low as demand for the likes of warehouse and logistic sites fades following a boom during the pandemic.
Boots: Walgreens’ shares slashed amid store closures despite UK success June 27, 2024 High street pharmacy giant Boots has grown its sales once again with online shopping continuing to fuel its success, according the results of its latest financial period.
What next at Next? Retailer to update on Christmas trading January 2, 2024 Retail investors across the UK will be eyeing up Next’s festive trading update as they attempt to figure out how good or bad the Christmas period was for the sector.
Peel Hunt-backed Retailbook lands £2.5m ahead of expected green light from City regulator March 25, 2024 Investment bank Peel Hunt has announced that Retailbook, the company it founded to give retail investors access to IPOs, has raised £2.5m as it expects imminent authorisation from the City regulator.
Warpaint London: Makeup firm behind W7 sees sales soar following Superdrug deal June 26, 2024 Warpaint London, the company behind makeup brands W7 and Technic, has revealed a strong start to its financial year with sales up £10m following a deal with Superdrug.
London Stock Exchange chief Julia Hoggett: The City can’t just be for ‘fat cats’ November 1, 2023 Brits need to stop thinking of the City as the realm of “fat cats” and “grandees” in order to widen access to the UK’s capital markets and boost the flow of cash into the UK’s beleaguered listed companies, the London Stock Exchange boss has said.