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Retail

  • How Grind went from a Shoreditch mobile phone shop to a growing coffee empire

    November 21, 2023

    Entrepreneur stories start in all manner of ways. In David Abrahamovitch’s case, it was taking over his late father’s mobile phone shop in Shoreditch. A long-term lease and an interest in coffee led him to open up Grind, one of the early entrants in London’s then nascent flat white scene. That single store has evolved [...]

  • Asos: Short sellers ramp up bets against former retail favourite as profits dwindle

    November 21, 2023

    Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.

  • M&S given go ahead to take Gove to court over Marble Arch store revamp

    November 20, 2023

    M&S has been given the green light to challenge Micheal Gove over his decision to reject the store's plans to revamp its flagship shop in Marble Arch. 

  • What is going on with Ocado’s share price?

    November 20, 2023

    Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S. 

  • Khan gives thumbs-down to MSG Sphere venue in east London

    November 20, 2023

    Plans to build a giant sphere-shaped music venue in Stratford have been dealt a blow after Mayor of London Sadiq Khan rejected the proposals today.

  • Scrap tourist tax before it’s too late, Fortnum & Mason boss warns

    November 20, 2023

    The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.

  • Black Friday pain for Amazon as workers plan ‘largest day’ of strike action

    November 20, 2023

    A trade union which represents Amazon workers has warned that this upcoming Black Friday will see the largest day of industrial disruption in the e-commerce giant’s history.

  • Compass: Catering firm thanks inflation for surging profits

    November 20, 2023

    Compass has unveiled a jump in revenues for the year as the catering giant was bolstered by food inflation and demand for its products.

  • Musicmagpie eyes sale of business as value plummets

    November 20, 2023

    Musicmagpie has failed to break into the US market with sales in the region plummeting from £18.4m to £14.7m in the first half of 2023. 

  • Hospitality sector sees ‘worrying’ year as pub insolvencies jump 66 per cent

    November 20, 2023

    The number of pub and bar insolvencies in the last year rose from 438 to 725, a "worrying sign," some industry officials say.

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