Waitrose slashes prices in bid to win over middle class shoppers from Marks and Spencer April 3, 2024 Waitrose is cutting prices for the fifth time in over a year as it battles Marks and Spencer as the favoured grocery spot of middle class shoppers.
Dr Martens urged to undergo strategic review or sell business April 3, 2024 https://morningwire.eu/dr-martens-valued-at-more-than-3-7bn-in-london-ipo/
Hilton Foods returns to the black as seafood wing recovers and inflation moderates April 3, 2024 Meat packer Hilton Foods said recovery of its seafood wing and a new deal with Walmart in Canada has helped drive growth for the year.
Topps Tiles blames lower footfall and weak spending for sales slump April 3, 2024 Topps Tiles has blamed lower footfall in stores and a slowdown in spending on big ticket items for a slide in sales in the first half of the year.
Shares in Superdry crash 50 per cent as Dunkerton abandons offer April 2, 2024 Shares in Superdry have sunk to an all time low after founder Julian Dunkerton said he no longer plans on making an offer for the business.
Shares in Revolution Bars suspended after failure to post results as future in balance April 2, 2024 Shares in Revolution Bars have been temporarily suspended after it failed to publish its interim results last week.
Former Sainsbury’s boss Justin King backs £50m fund to invest in high end restaurants April 2, 2024 A consortium of high net worth individuals, including former Sainsbury’s boss Justin King, have raised £50m to snap up businesses in the high end restaurant sector.
The best and worst corporate April Fools’ Day gags April 2, 2024 From Haggis ice cream to double-decker trollies, Morning Wire rounds up the best and worst gags by businesses on April Fools' Day.
UK shop price inflation eases to lowest rate since December 2021 April 2, 2024 Shop price inflation eased to its lowest level since December 2021, driven by falling food costs and supermarkets remaining competitive about price.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.