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Retail

  • Mike Ashley’s Frasers Group plots stake in two UK shopping centres

    May 21, 2024

    Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals, one of which includes a 50 per cent stake in the King’s property company as the retail behemoth looks to grow its physical estate. 

  • The Works hoping to return to profit growth following challenging year

    May 21, 2024

    Discount books and crafts supplier The Works is hoping to deliver more than £8m in profits next year, following a challenging 12 months in which it closed dozens of shops across the UK.

  • Ocado: Marks and Spencer-linked grocer is fastest-growing for third straight month

    May 21, 2024

    Ocado has maintained its position as the fastest growing supermarket for the third month in a row, as efforts to cut prices continue to pay off. 

  • Greencore: Irish food firm upgrades guidance and launches £30m share buyback scheme

    May 21, 2024

    Greencore has upgraded the range of £80.5m to £85m it said it was expecting for the full year during its first quarter results.

  • Naked Wines sees revenue slump following tough trading conditions

    May 21, 2024

    Loss making Naked Wines said revenue slide in the year to April, following a tricky period which included the business cutting jobs and hiring advisors

  • Why Upper Crust owner SSP is banking on hungry Euro 2024 football fans

    May 21, 2024

    Upper Crust owner SSP Group has reinstated its dividend after it netted £1.5bn in half-year revenue ahead of a busy summer season of sporting events.

  • Kingfisher: B&Q owner holds guidance despite weak ‘big-ticket’ sales

    May 21, 2024

    B&Q owner Kingfisher has held its guidance for the year, as the firm posts improving sales in its UK and Ireland market. 

  • Shein: Sajid Javid hunted for senior role at fast-fashion giant as London listing rumours swirl

    May 20, 2024

    The fast-fashion disruptor has been plotting a bumper float on London’s public market. 

  • Getir to leave UK with multimillion outstanding debt to Premier League’s Tottenham Hotspur

    May 20, 2024

    Getir will leave the UK with a multimillion pound outstanding debt to Tottenham Hotspur Football Club, according to Sky News.

  • Tesco and Co-op among British supermarkets joining forces to sell fair trade bananas, coffee and cocoa

    May 20, 2024

    A cohort of British supermarkets are reportedly planning to join forces to buy ethically sourced food such as bananas, coffee and cocoa from farmers in developing countries, entering talks with Fairtrade to carry out the move. 

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