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Retail
04:00, 12 MAY 2023
Studio Retail lost over £75m before rescue by Mike Ashley's Frasers Group
North West
The company has blamed supply chain issues and 'difficult market trading conditions'
Bookmark
Regen plans for old Birmingham city centre bank
West Midlands
Santander closed its Union Street branch in 2019 and now new plans could see it turned into retail units and apartments
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Visit West launches tourism platform for local businesses
South West
Travel Trade Ready allows tourism businesses to search for, and be searched by, suitable buyers to develop working relationships
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CBK Adventures launches new retail store and adventure training academy
Business of Sport
The firm's new Base Camp sells products including kayaks, stand-up paddleboards, wetsuits, and wild swimming accessories
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New online shop launches for Cotswolds producers
Food and Drink
Shop Cotswolds is an online shopping hub for local food and drink producers in the region
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JD Sports hires CFO at Compare the Market owner as new finance chief
North West
JD Sport's current CFO, Neil Greenhalgh, will leave the business later in the summer
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Company behind Hooch, Hooper’s and VK sees sales jump
Food and Drink
Global Brands saw a near 27 per cent rise in turnover last year to £84.4m, partly thanks to US growth
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Hotter Shoes owner Unbound Group loses £10m investment over trading concerns as it calls in Interpath Advisory
North West
A knitwear and jersey brand backed away from a possible £7m takeover of the group last month
Bookmark
Almost £3m owed by company behind Real Housewives of Cheshire star Seema Malhotra's Forever Unique ahead of liquidation
North West
Forever Unique is still trading and being run by a new operating company
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Birmingham Airport worst in Britain for delays last year, while East Midlands was best – here is the full list
Leisure & Touism
May and June were the worst months for flight reliability in 2022 after aviation companies failed to recruit and train enough staff
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JD Sports to buy France's Courir in €520m deal
North West
In 2022, Courir had consolidated revenues of €609.8m and a pre-tax profit of €47.4m
Bookmark
Parent firm of Wiltshire Farm Foods planning new Trowbridge factory
Food and Drink
Frozen food firm Apetito said it had acquired land near its existing site as it looks to secure its long-term future in the Wiltshire town
Bookmark
Modest rise in number of Welsh shoppers hitting high street but levels still down on pre-pandemic
Wales
The Welsh Retail Consortium has released the latest retail footfall data in Wales for April
Bookmark
THG shares slashed after chances of takeover by US private equity giant Apollo called into question
North West
Research from Bloomberg Intelligence appears to have spooked some investors
Bookmark
With better than expected spring sales, Next still 'needs to pull a rabbit out of the hat to regain its mojo'
Retail & High Street
Retail giant warns of tricky summer but said price inflation won't be as bad as it first thought
Bookmark
Superdry completes £12m equity raise to help fund its turnaround plan
Retail
The Cheltenham-based retailer issued a warning earlier this month saying it needed to cut costs by more than £35m
Bookmark
Manchester Airport unveils plans for 27 new shops and restaurants for Terminal 2 as part of £1.3bn transformation
North West
A £440m plan to complete the transformation of Manchester Airport was unveiled in January
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Exclusive: Poundstretcher owner Aziz Tayub wants to float chain this year – despite parting ways with latest CEO
Retail & High Street
Announcement comes despite Poundstretcher parting ways with CEO Derek Lawlor after less than a year
Bookmark
Bristol tech firm Kurve raises £250k for self-service kiosk software
Retail
The company said it has more than 110 customers, including a number high street restaurants and takeaway chains
Bookmark
Boohoo settles $197m US class action over 'fake' discounts
North West
It is understood that the settlement has been reached 'without admission of liability'
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Gloucestershire-based brewery looks towards local community for growth strategy under new management
Gloucestershire
Gloucester Brewery is looking to broaden its community engagement through its position as a leading business in the region
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Company behind former Real Housewives of Cheshire star Tanya Bardsley's clothing brand enters liquidation
North West
Mrs Bardsley is a model and reality television personality and is married to professional footballer Phil Bardsley who currently plays for Stockport County
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Seafood cluster catches Net Zero attention across industry with inaugural event
Food and Drink
Decarbonisation is being addressed by cluster with government mandate
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House builder makes Strawberry Fields development a new chapter in fruitful relationship with MKM
Construction
MR Builder is behind Keyingham project linking up with the builders' merchants' new retail outlet
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