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Retail

  • Rinse, repeat: Next upgrades profit guidance yet again

    November 1, 2023

    High street bellwether Next continues to defy headwinds in the UK economy

  • West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period

    October 31, 2023

    New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.

  • Blank Street: How the New York coffee chain plans to take over London

    October 31, 2023

    Morning Wire sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.

  • AB Inbev: Budweiser maker backs guidance despite falling volumes

    October 31, 2023

    The drinks giant said that volumes fell by 3.4 per cent, with demand in other regions offset by falls in America and Europe. 

  • Coca-Cola HBC reports strong growth despite fluctuating volumes in Russia and Ukraine

    October 31, 2023

    Chief executive Zoran Bogdanovic said the company continues to invest in its future with a "clear" focus.

  • Reform business rates to keep food prices low, retail sector warns

    October 31, 2023

    The rate at which food prices are increasing sank to its lowest level since last summer this month, as sector heads make fresh calls to the government to slash business rates to ensure the deceleration continues.  According to the latest reading from the British Retail Consortium (BRC) food inflation came in at 8.8 per cent [...]

  • Shazam founder warns retailers to embrace AI – or lose out 

    October 31, 2023

    A founder of Shazam has said businesses must deploy AI in online shopping, or risk losing out to the likes of Amazon.

  • ‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain

    October 31, 2023

    Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year. 

  • Small business confidence grows — but it’s still stuck in negative territory

    October 30, 2023

    Small business confidence has not been in positive territory since last year

  • Evri pays £8m in backdated pensions payments as profits slump

    October 30, 2023

    Delivery service Evri, formerly known as Hermes, paid more than £8m pounds in backdated pensions payments to thousands of its self-employed workers, following pressure from the pensions watchdog and GMB Union to enrol them into pension schemes.  The watchdog, alongside workers union GMB, has been encouraging gig economy companies – such as Evri – to [...]

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