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.
Retail sales slump despite higher real wages July 19, 2024 Retail sales fell faster than expected with department stores particularly badly hit.
H&M shares dive after warning ‘unstable’ weather will hit sales June 27, 2024 Swedish fashion retailer H&M reported an increase in revenue in the second quarter of this year, but warned that sales for June are likely to be impacted by poor weather.
Mr Kipling owner Premier Foods hikes dividend as profit booms May 16, 2024 Mr Kipling owner Premier Foods has been boosted by increased demand for its products.
Next: High street bellwether beats market expectations yet again May 1, 2024 Next said that it has projected post-tax earnings per share growth of 4.8 per cent for the year.
Primark owner ABF raises dividend as markets ‘return to normality’ April 23, 2024 Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March.
Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers April 22, 2024 The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.
Fashion brand loved by celebrities and known for £110 t-shirts to open second store in Soho April 15, 2024 REVOLUTION, a luxury British street wear brand founded by brothers George and Michael Heaton in 2011, have just one other bricks and mortar store which is located in Los Angeles.
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
Early Easter boosts retail as Brits splash out on food and homeware before summer April 9, 2024 Retail leaders also issued warnings about impending costs such as the rise in minimum wage and business rate hikes, urging the government and Labour to take more action ahead of the General Election.