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Retail
16:05, 1 MAR 2022
Ramsdens hails resilient pandemic performance despite falling profits and sales
Retail & High Street
The Middlesbrough pawnbroker remained profitable and carried on investing in expansion and its online business last year
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ProCook announces Woodland Trust partnership as part of net-zero strategy
Environment
The Gloucestershire kitchenware brand will offset its carbon emissions by planting trees
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Revenue passes £2bn at Matthew Moulding's THG but profit margins to miss market expectations
North West
THG expects its revenue and adjusted EBITDA margins to increase in 2022
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Confidence plunges among South West businesses amid rise of Omicron variant
South West
South West business leaders are now the least optimistic in the º£½ÇÊÓÆµ, according to the FSB
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KCom cans inflation-linked price rise on regional broadband network
Technology
Back-in-profit slimmed-down business puts customers first after heady inflation hits pockets
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Surf operator The Wave to open six sites across º£½ÇÊÓÆµ and Ireland
South West
Each development will be between 70 and 100 acres in size, and will be centred around a huge surfing lake
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Online sales boost revenue and profits at retail giant Matalan
North West
Executive chairman Steve Johnson said the results 'reflect a strong performance in what continue to be challenging circumstances'
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Devon meat retailer goers into liquidation leaving fintech investor owed £146k
Insolvency and Administration
Gribbles Butchers Ltd closed its shops before Christmas 2021 and documents now detail creditor claims of more than £300k
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Fine foods supplier Bramble wins investment from LDC
Deals
LDC previously backed Tom Joules, founder of Market Harborough-based premium lifestyle brand Joules
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How I Made It: Gymshark's Lewis Morgan on growing a brand and investing in the next generation
West Midlands
In the second of our new series on BusinessLive, the Gymshark co-founder explains how he went from the garage to the boardroom and why he’s now focussing on future stars
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MP writes to Wilko CEO and raises closures with Jacob Rees-Mogg in Westminster
Retail & High Street
While 'not a matter for government' the closure 'highlights the continuing threats to our high streets'
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Ex-Apprentice contestant "sorry" after business folds
The Apprentice
An official notice on the website of her shop states it has ceased trading and is taking steps to enter into liquidation
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The Leeds woman making £3m on Amazon after quitting job
Retail
Tayo Adebisi used £5,000 to set up her company and navigated the challenges of the pandemic to create a successful business
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Lidl to open in former H&M Bristol Broadmead store, creating 40 jobs
Retail & High Street
H&M closed its outlet on Union Street following the second national lockdown
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Exeter's Market Carpets becomes employee owned
Retail & High Street
Devon flooring specialist now controlled by Employee-Owned Trust
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Boxer Danny Green's fitness franchise targets six Bristol gyms
Leisure & Touism
UBX Training has agreed a £50m deal with Empowered Brands to expand in the º£½ÇÊÓÆµ and Ireland
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Next Plc cuts sick pay for unvaccinated workers who have to self-isolate
Retail & High Street
However, Next said employees who test positive for Covid-19 – even if unvaccinated – will be paid in full
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JD Sports boss Peter Cowgill sells 10 million shares in retail giant
North West
Peter Cowgill has been the top boss at JD Sports since 2004
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Cornish mountain bike supplier Silverfish set for growth after £8.5m investment
Finance
Connection Capital investment will enable Saltash firm to further expand into Europe
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Asda to install Devon firm Lightfoot's in-car tech into fleet of 3000 vehicles
Retail & High Street
Supermarket giant will use 'Fitbit for cars and vans' to cut CO2 emissions and improve road safety
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Family-run Brockleby's Pies – famous for its Beaver and Penguin pies – planning bigger home
Food and Drink
Artisan pie maker moving into former college building in home town of Melton Mowbray
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Redundancies at two online retailers after entering administration
North West
The joint administrators will continue to trade both businesses while all options are assessed
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Dunelm warns of price rises as it posts record sales
Retail & High Street
CEO Nick Wilkinson - 'Whilst there are several macro uncertainties to be navigated, we feel well placed'
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Sales up, but inflation threatens profits at Topps Tiles
Retail & High Street
Topps said it was doing what it could to mitigate impact of inflation and increased freight costs on profits and retail prices
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