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Retail

  • Sports Direct ramps up London presence as Mike Ashley’s Frasers backs physical retail

    April 8, 2024

    Frasers Group plans to open two Sports Direct stores in both London Westfield shopping centres, as the retail behemoth continues to back physical retail 

  • Retail apocalypse: More than 2,000 stores went bust as UK high streets suffer

    April 8, 2024

    Over 2,000 retailers have gone bust in the last year, a new report has found, delivering another blow to the UK’s struggling retail sector.

  • McDonald’s buys back Israeli restaurants after Gaza boycott damages sales

    April 5, 2024

    McDonald’s will buy back all of its Israeli restaurants following a boycott of the brand after it handed thousands of free meals to soldiers in the country. 

  • Majestic saves Vagabond’s wine bars – but one London branch to shutter

    April 5, 2024

    Retailer Majestic Wines has bought Vagabond Wines out of administration, saving nine of its wine bars from closure. 

  • London restaurant chain Ping Pong bans staff tips on card and introduces ‘brand fee’

    April 5, 2024

    A London restaurant chain has banned customers from paying a tip by card and introduced a 15 per cent “brand” fee instead, just three months before a new legislation makes it compulsory to give staff tips. 

  • Carpetright drafts in advisers as it mulls cost cutting options

    April 5, 2024

    Carpetright has reportedly drafted in advisers to explore cost-saving measures for the business as it struggles amid a slowdown in demand. 

  • Wet weather puts a dampener on footfall recovery in March

    April 5, 2024

    The Easter bank holiday weekend was not enough to help significantly drive footfall in March, as wet British weather put another dampener on high street recovery. 

  • Ever wanted to make the pub your office? Well now you can and it’s cheaper than you think

    April 4, 2024

    It's actually cheaper to work from a pub than in a co-working space, a new report has claimed.

  • One of London’s most expensive mansions has been bought by UAE president MBZ

    April 4, 2024

    Sheikh Mohammed bin Zayed Al Nahyan, the president of the United Arab Emirates, has reportedly bought one of the most expensive homes in London. 

  • Co-op’s revenue ticks down but group looks forward to ‘golden era’ of growth

    April 4, 2024

    The Co-op board said it was confident in the group’s outlook for the year, as it steams ahead with plans to target eight million members by the end of the decade. 

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