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.
Veganuary: Try this ‘completely revolutionary’ vegan steak January 8, 2024 This vegan steak is available in London supermarkets this year
The Spring Budget is the perfect opportunity to kill the tourist tax February 12, 2024 Reinstating tax-free shopping will be a shot in the arm for UK tourism - and is long overdue, writes Chris Hayward.
London: Shot in the arm for West End as Uniqlo UK boss says Covent Garden is the place to be April 27, 2023 Fashion chain Uniqlo said it was committed to London after opening its second store in six months. Alessandro Dudech, chief operating officer at Uniqlo UK said the company regarded it as honour to be opening a store in Covent Garden. He said it was an area of London with “cultural and retail heritage”. He added: [...]
Wilko shuts first stores today as administration unfolds September 12, 2023 Wilko will shut its first group of shops on Tuesday as the dramatic collapse of the high street chain takes shape. The historic retailer will shut 24 stores across the UK in the first phase of closures, with hundreds of workers at the shops set for redundancy. It comes a day after administrators confirmed all [...]
British Land sells stake in Meadowhall Shopping Centre at a premium May 20, 2024 The transaction values the entirety of the Sheffield shopping centre at £734m,.
Spring Budget 2024: Transport for London in ‘terminal decline’ if new cash not forthcoming February 29, 2024 As the Spring Budget looms, London's real estate sector has launched fresh calls for a long-term funding package for Transport for London.
Halfords issues another profit warning as demand for cycling falls flat February 28, 2024 Halfords has issued another profit warning as the cycling and motoring retailer continues to be impacted by a “weakening” demand for its goods.
Easing inflation helps retail footfall in August despite riots August 30, 2024 Retail footfall in the UK was boosted by good weather and easing inflation in August, despite the effect of the violent riots which erupted earlier in the month. Total UK retail footfall fell by 0.4 per cent in August year-on-year, compared to an annual drop of 3.3 per cent in July, according to the British Retail Consortium (BRC). It’s [...]
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.