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Retail
10:48, 27 SEP 2022
Nottingham developer ALB Group buys Sailmakers shopping centre in Ipswich
property news
ALB has made recent property purchases in Birkenhead, Stoke-on-Trent, Huddersfield, Derby and Nottingham
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Italian restaurant opens in Stroud’s Five Valleys shopping centre
Restaurants
The owners of Terra have appointed a team of seven staff at the new eatery in Gloucestershire
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The steps that could ensure Leicester garment factory workers aren’t exploited in sweat shops
Fashion
It follows years of revelations about some Leicester factory bosses forcing people to work in poor conditions for low pay
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THG shares sink to record low after potential buyers walk away
North West
THG said the bids were 'unacceptable and significantly undervalued the company'
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MKM launches new high-spec home showroom following city business buy-out
Retail
'Game-changing' retail space to wow self-build and trade market
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Online marketplace OnBuy appoints new chief technology officer
Appointments
The Dorset e-commerce company said experienced executive Julian Browne would drive its new tech plans
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Nick Candy pulls out of THG takeover bid as shares slump
North West
Two investment companies behind a separate £2.07bn takeover bid also pulled out earlier today
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Firm established by late South African billionaire businessman buys shares in B&M
North West
The move makes it one of the largest shareholders in the discount retail giant
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musicMagpie hails 'resilient revenue' as DVD and book sales fall and tech products surge
North West
musicMagpie added that its adjusted EBITDA for the six months totalled £2.6m, down from £6.2m
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Boohoo posts first ever º£½ÇÊÓÆµ sales drop as USA and Europe revenue also falls
North West
Boohoo said its revenue declined because of Covid-19 lockdowns in the prior year driving 'comparative strength'
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Investment companies decide against making £2.07bn offer for THG
North West
Belerion’s co-founder and chief investment officer Iain McDonald is a non-executive director of THG
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American fried chicken chain Popeyes planning 600 jobs at six new º£½ÇÊÓÆµ sites
Restaurants
Management want to open hundreds more sites over the next decade in shopping malls, high streets and drive thru locations
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Missguided customers will not receive funds on returns, administrators rule
North West
The fast fashion brand was acquired by Frasers Group in a £20m deal after entered administration
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Rugby World Cup 2023 teams to be supplied by Devon equipment brand
Business of Sport
Aramis Rugby provides professional sides with training gear including scrum machines
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Motorpoint sales almost double to £1.3bn – with plans to take that to £2bn
Retail & High Street
The rising price of used cars plus a bigger share of the market helped fuel growth
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WH Smith travel shop revenue surpasses pre-pandemic levels as holiday and travel markets recover
Company Results
The Swindon-based retailer said a rebound in passenger numbers had helped a ‘particularly strong performance’
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Why time is right to upgrade slow and indirect Coventry to Leicester and Nottingham rail services
Transport
Research suggests just 3 per cent of trips from Leicester to Coventry are currently made by train
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Nitin Passi returns as Missguided CEO after Frasers Group rescue
North West
Mr Passi founded the online fashion brand in 2009 and stepped down as CEO in April this year
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How much of THG does Matthew Moulding own and what is his net worth?
North West
The chief executive co-founded the group in 2004
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Business leaders gather for 2022 Nottinghamshire Live Top 200 Companies breakfast - see the full list below
Economy
Members of the Notts business scene gathered for first time since 2019 to hear results of Top 200 Companies list
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Seafood cluster's central role in government's food strategy celebrated
Food and Drink
Hard work with Defra is resonating according to key representative as focus on affordability and British-caught stocks intensifies
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Games Workshop shares £10m of profits with staff
Retail
Fantasy games business, based in Nottingham, has rewarded staff for their hard work over the last year
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Nottinghamshire's Top 200 Businesses 2022: The Top 20
Economy
The Top 20 was revealed at a breakfast event this morning
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Plans for firms at Bristol’s Wapping Wharf to get ‘permanent home’
Retail
Developer Umberslade is set to reveal proposals it says will ‘secure the future’ of businesses currently based in CARGO - a network of converted shipping containers
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