Oxford Street: Vacancy rates back to pre-Covid levels as Euros and Olympics to give London a tourist boost June 5, 2024 Just two per cent of units across Oxford Street are now either vacant or let to “low quality” retail units, in the latest signal recovery is underway at London’s biggest shopping district.
Pawnbroker Ramsdens boosts dividend as cash-strapped Brits fuel profit surge June 5, 2024 The pawn industry is a sector that tends to perform well in times of economic downturn as people grow desperate to shore up extra cash.
WH Smith’s ‘transformation’ to a ‘one-stop-shop for travel essentials’ reaps rewards June 5, 2024 WH Smith has increasingly sought to rely on its travel arm as demand booms following years of Covid-era lockdowns.
Discount retailer B&M beats ‘lockdown peak’ but shares slip as analysts left with ‘more questions than answers’ June 5, 2024 Bargain retailer B&M has exceeded its “lockdown peak” as the firm reveals it is trading at the higher end of its guidance thanks to Brits sniffing out a bargain
More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
Marks and Spencer chief’s pay soars to decade high as turnaround pays off June 3, 2024 Marks and Spencer's turnaround plan has generated huge rewards for its boss, Stuart Machin.
TGI Fridays owner Hostmore shutters another cocktail bar amid sales slump June 3, 2024 TGI Friday's owner Hostmore said sales fell this year and confirmed the closure of another cocktail bar just three years after its launch.
Pubs with rooms drive up revenues at London and south west pub group June 3, 2024 Pub owner Liberation Group has revealed “record” sales for the year, helped by growing demand for its accommodation services.
Chill Brands: Shares in CBD and vapes maker suspended as investigations continue June 3, 2024 Shares in Vape and CBD products manufacturer Chill Brands have been suspended amid a number of on-going investigations.
Estate agent chain Fine and Country snapped up by London-listed group TPFG June 3, 2024 Estate agency chain Fine and Country has agreed to be sold to The Property Franchise Group (TPFG) in a deal worth roughly £20m in the sector's latest tie-up.