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Retail & High Street
10:03, 15 APR 2024
Old aircraft hanger at Brabazon to be turned into social space
property news
The development is part of the transformation of the former Filton Airfield into the new Brabazon neighbourhood
Bookmark
Café and gym to open in landmark Bristol office building
Offices
The EQ building is a new office development on Victoria Street
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North East high streets continue to decline with hundreds of shop closures, study finds
Retail & High Street
Research by PwC and the Local Data Company found that 608 stores closed in the region in 2023 and 393 opened, giving a net loss of 215
Bookmark
North West retail store numbers decline- but hospitality sector shows resilience
Retail
PwC said the closure rate had remained steady since 2015
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Struggling Superdry in talks with lender Hilco over £10m loan
Retail & High Street
The Gloucestershire-headquartered company has issued a statement following speculation in the media
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Ramsdens 'highly confident' in growth prospects as it secures new £15m funding facility
Retail & High Street
The Middlesbrough business has opened five more shops in the last five months, taking its estate to 167 shops
Bookmark
Greater Birmingham Chamber teams up with Amazon for business programme
West Midlands
Pair have joined forces to launch an accelerator scheme aimed at improving knowledge and skills
Bookmark
Be More Geek closes three shops with job losses amid spiralling costs
Insolvency and Administration
Be More Geek stores in Manchester, Washington and Middlesbrough have closed after the original firm was put into liquidation - but three shops have been saved
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Kitchen maker Magnet operator reports substantial losses amid efforts to restructure
Retail & High Street
Nobia Holdings º£½ÇÊÓƵ, which is behind the brand, had abandoned some of its º£½ÇÊÓƵ operation on the back of losses since 2020
Bookmark
Greggs toasts record annual performance in another year of 'rapid growth'
Retail & High Street
Results show a slow down in sales growth towards the end of 2023, but the firm says it expects to meet a five-year ambition to double sales by 2026
Bookmark
Vertu sees used market stabilise following steep drop - but warns over new car demand
Automotive
The motor retailer says profit margins from used cars have started to recover since January
Bookmark
Asda supermarket to invest £150m into giving 8.4% pay rise to more than 120,000 staff
Retail & High Street
Co-owner Mohsin Issa has also said he is preparing to hand over the running of the company to a new CEO
Bookmark
Sainsbury's signals 1,500 jobs cut as part of plans to save £1bn
Sainsbury's
Staff at the company's contact centre in Cheshire are likely to be moved to another company
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Wales sees the biggest fall in retail footfall in the º£½ÇÊÓƵ
Retail & High Street
New figures from Welsh Retail Consortium showed that footfall in February declined 8% on a year earlier
Bookmark
Hammerson cuts losses after record year of lease activity
Retail & High Street
Owner and operator of well-known retail destinations is upbeat despite staying in the red
Bookmark
Dettol maker Reckitt Benckiser notes 'unsatisfactory' sales drop in final quarter of trading year
Company Results
The household goods company has its º£½ÇÊÓƵ headquarters in Slough and bases around the º£½ÇÊÓƵ in Hull, Salford, Derby and Nottingham
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Wellness group Applied Nutrition names AJ Bell founder Andy Bell as chair to head 'next phase of growth'
Retail & High Street
Wellness group also adds former Holland & Barrett boss to board
Bookmark
Superdry in talks with Oak Furnitureland owner over possible takeover deal
Retail
The founder of the troubled fashion chain has reportedly held discussions with investment firm David Kempner
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Jules B founder vows to bounce back in the face of damaging cyber attack
Retail & High Street
Julian Blades, who set up the firm 40 years ago, says the business will regain its strength amid a restructuring plan
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Pub operator Liberation Group makes changes to board
Appointments
The parent company of South West brewery Butcombe has said the move will help drive growth across its estate
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Former Black Country furniture store to be reborn
West Midlands
Furniture for the Home is investing almost £50,000 to give new life to run-down retail unit
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Vegan chocolate maker planning major expansion after securing funding
Food and Drink
Buttermilk has developed a range of award-winning dairy-free chocolate bars
Bookmark
Crazy golf group Big Fang Collective wins £5.5m funding and plans three new º£½ÇÊÓƵ venues this year
Deals
Group founded in Liverpool now has Golf Fang sites in Birmingham, Newcastle, Sheffield, Glasgow and Cardiff
Bookmark
North East pubs closing at rate of one every two weeks, latest figures show
Economy
A separate report from SIBA shows how the North has seen a higher percentage of brewery closures than other º£½ÇÊÓƵ regions
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