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Retail & High Street

Next issues surprise trading update – and it’s not bad news
Retail & High Street
Good news on the high street as warm weather and pay rises fuel better than expected summer trading
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Boohoo moves to take control of Revolution Beauty with boardroom purge
North West
Boohoo wants two of its non-executive directors to become Revolution Beauty's new executive chairman and CFO
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musicMagpie shrugs off postal strikes and low consumer confidence as trading rebounds
North West
The group said it focused on keeping a tight rein on costs and boosting profit margins rather than growing revenues on less profitable products
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New tenants at Southgate Retail Park in Derby
property news
Two units were snapped up by local businesses soon after they were vacated by Subway
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Revealed: The 2023 Top 200 Businesses in Derbyshire
Economy
Car giant again tops annual list put together by University of Derby Business School
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Mike Ashley's Frasers Group increases stake in AO
North West
The original deal saw Frasers Group acquire a stake of just under 19% in AO for £75m
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Fashion group N Brown blames 'poor early spring weather and low consumer confidence' for continuing sales fall
North West
N Brown's brands include Simply Be, Jacamo and JD Williams
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Higher financing costs, limited stock availability and fall in electric car values contribute to £300k loss at Motorpoint
Company Results
But sales up almost 9 per cent to £1.44bn as share of second-hand car market grows
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Green washing machines and tumble dryers help Marks Electrical sales edge closer to £100m
Company Results
Newly published results show marketing spend was 5 per cent of overall revenues
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Young's Seafood expands high-growth Gastro range with retailer Iceland
Food and Drink
Sole and sweet chilli additions come as premium range wins market share
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WH Smith completes bank refinancing with new long term £400m sustainability linked facility
Finance
Bosses at the Swindon-headquartered retailer said the new facilities support its ambitions to grow its global travel retail business
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European retail leader on backing front line workers with pay and protection
Retail
Debbie Robinson is the European vice president of Euro Co-ops and was Paul Sewell's Humber Business Week Elevenses guest
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Revenues and profits up at Everards brewery as pubs recover from pandemic
Food and Drink
Everards manages more than 150 pubs and has a new brewery near junction 21 of the M1 outside Leicester
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Bristol's Imperial Retail Park sold as part of £175m deal
Retail
Capreon has acquired retail parks in Bristol and Fife
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Halfords profits set to decline as shortage of mechanics hits sales
West Midlands
The Redditch-headquartered firm, which also services cars and bikes and offers MOTs, said it was struggling to recruit enough skilled technicians to meet higher levels of demand.
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Mike Ashley's Frasers Group buys £75m stake in AO
North West
The shares had been held by hedge fund Odey Asset Management
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Greggs expands presence in South West with new shop opening in Cornwall
Retail & High Street
The sausage roll supremo is also poised to open a Greggs Breakfast Club in Cornwall as part of its commitment to help build stronger, healthier communities
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Company behind Newcastle's Point Blank shooting range and cocktail bar is put into liquidation
Retail & High Street
Trigger Happy º£½ÇÊÓƵ, which trades as Point Blank in Newcastle, Manchester and Liverpool, is being liquidated with a deficit of more than £600,000
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Shoe Zone shares up as spring sales beat expectations
Retail & High Street
Shoe Zone says profitability helped by due lower shipping container costs and demand for summer products
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Profits fall at billionaire Issa brothers' EG Group ahead of £2.3bn Asda deal
North West
The figures come after a deal worth more than £2bn which will see Asda acquire the majority of EG Group's º£½ÇÊÓƵ and Ireland operations was confirmed at the end of May
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Timpson hails record results as profits surge 'way beyond our expectations'
North West
Timpson's brands also include Max Spielmann, Johnsons The Cleaners, Snappy Snaps, Jeeves of Belgravia and The Watch Lab
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Puma to open Gloucester Quays sportswear retail store
Retail
The global brand is the latest signing for the South West shopping centre
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AO hopes to attract over 250 new employees with potential 20% pay rise
North West
In February, AO upped it annual earnings outlook for the third time in just over three months after it said its cost-cutting efforts were paying off
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Building materials supplier opens Leicestershire depot
Retail & High Street
New hub, branded as Southern Sheeting Midlands, opened on May 30 in the Wymeswold Business Quarter
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