Mike Ashley’s Frasers Group snaps up stake in Australian retail group August 28, 2024 Mike Ashley’s Frasers Group has continued its acquisition spree with a strategic investment into the Australian retail and distribution firm Accent. The London-listed retail empire snapped up a 14.65 per cent stake in the company in a move it hopes will further its footprint in Australia and New Zealand – identified as a key market [...]
Ocado to unveil improved sales after eventful year February 24, 2024 After a colourful year online supermarket and automation business Ocado will later this week unveil its earnings for 2023.
Hammerson: Shopping centre giant hit with £500m loss after selling stake in Bicester Village July 25, 2024 British shopping centre giant Hammerson has taken a £500m loss on the £1.5bn deal to sell its share in the company behind Bicester Village, according to just-filed documents.
Mango: Fashion giant creates 150 UK jobs as sales and profit jump February 27, 2024 The UK arm of fashion giant Mango created almost 150 jobs as its sales and profits jumped during 2023, new figures have revealed.
Mike Ashley beefs up Frasers with bargain Matchesfashion deal December 20, 2023 Retail tycoon Mike Ashley has bought yet another struggling retail brand, snapping up Matchesfashion in a discounted deal.
Petrol forecourt owners bag £60m bonus as pump prices jack up profits October 9, 2023 Senior executives at Motor Fuel Group, the UK's largest independent forecourt operator, have raked in a bumper pay packet this year on the back of record profits.
Halfords revenues rise as consumers sniff out budget auto care September 6, 2023 Halfords reported a 14.1 per cent hike in revenue for the first five months of the year as the retailer was bolstered by demand for “basic needs” services such as motoring. The motoring and cycling retailer said that revenue in its autocentres division grew 34.6 per cent and retail rose 3.7 per cent. Halfords has [...]
Shoe Zone thanks back-to-school shopping for near 20 per cent profit boost January 9, 2024 High street retailer Shoe Zone thanked back to school shopping for a 19.1 per cent jump in profit before tax for the full year.
Shop price inflation drops as supermarkets slash costs January 30, 2024 Shop price inflation fell to its lowest level since May 2022, helped by supermarkets continually slashing their prices.
Mike Ashley’s Sports Direct locks horns with Premier League club Newcastle United over replica kits April 9, 2024 The club has refused to supply Sports Direct - and its former owner Mike Ashley - with its upcoming replica kit, as it now has an exclusive retail arrangement with JD Sport.