Nipper’s back: HMV swings open the doors of historic Oxford Street store November 24, 2023 HMV is to swing open the doors of its historic Oxford Street store after a four-year absence, with the retailer’s boss saying it is a “great moment” in the chain’s recovery.
JD Sports picks up US retailer as stateside focus increases April 23, 2024 JD Sports has proposed to buy US-based sportswear retailer Hibbett for around $1.08bn (£880m), creating a business worth £4.7bn in North America.
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.
‘Floor not a ceiling’: Sadiq Khan pledges to create at least150,000 jobs in AI, fintech and sciences April 3, 2024 Sadiq Khan has pledged to create 150,000 new jobs in key growth sectors including artificial intelligence (AI), financial and climate technology, and life sciences.
Court rules that Gove’s decision on Marks and Spencer planning permission was ‘unlawful’ March 1, 2024 The retail giant took the Secretary of State for levelling up, Michael Gove MP, to court over his decision to refuse planning permission for the construction of its flagship building on Oxford Street.
FTSE 100 close: London dips after disappointing US jobs data while 250 continues strong run November 3, 2023 FTSE 250, which is an index more aligned with the UK domestic market, was one cent up following the open, sitting handsomely at 17,945.48.
UK lags behind US in predicted consumer spending this Christmas November 2, 2023 A report has shown emerging trends that UK retailers will be struggling this festive season, despite beliefs black Friday will boost revenues.
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise August 5, 2024 Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start of the year.
Ted Baker: 245 jobs and 15 stores including London Bridge slashed by administrators April 8, 2024 Over 200 jobs and 15 Ted Baker stores have been terminated as part of its administrative process, in another blow to high street.
IKEA pushes back opening of Oxford Street site August 24, 2023 IKEA is pushing back the date to open its flagship store on Oxford Street, with shoppers forced to hold out an extra 12 months to buy flat pack goods on the iconic London street. Two years ago the Swedish retailer inked a £378m deal to takeover the former Topshop site, after its parent company Arcadia collapsed [...]