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Retail
11:10, 5 MAY 2022
Profits slashed at the Co-op as supply chain disruption and investments hit margins
The Co-operative
Total group revenue increased by £300m compared to 2019 but was down by the same amount on 2020
Bookmark
Work starts on third phase of £100m Derby housing project
property news
Over the next two decades 800 homes will be erected at Castleward
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Family ties: The Jaeger MD, her mum and daughter share their fashion story with BusinessLive
Fashion
Jaeger boss Fiona Lambert watched her mum’s dressmaking at home then inspired her own daughter into M&S career
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AO founder donates more than £1m to charity to help young people
North West
John Roberts established AO in 2000 after a £1 bet
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HelloFresh starts recruiting for up to 450 people in Derby
Food and Drink
German firm delivered 1bn-plus food boxes last year with global revenues of more than 6bn euros and 20,000-plus staff
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Sosandar hails 'milestone year' as revenue rises and losses slashed
North West
Sosandar has partnerships with the likes of M&S, Next and John Lewis
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Surge in used car sales helps Lookers to record year as profits hit £90m
Retail
The owner of WeBuyAnyCar.com and Cinch acquired an almost 20% stake in Lookers in January
Bookmark
What's next for 46 'lost' department stores including Debenhams, Woolworths, House of Fraser
Retail & Consumer
The Departing Stores: Emporia at Risk report highlights the plight of the department stores in the face of changing shopping habits and what is being done to save them
Bookmark
Builders' merchant James Burrell sees turnover and profit boom as £4.5m North East investment revealed
Construction
The Gateshead based supplier of building materials is opening an 11th branch on Teesside, following a successful trading period
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Victorian Plumbing's billionaire founder Mark Radcliffe invests further six-figure sum
North West
The chief executive's move comes after he also increased his holdings towards the end of 2021
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PepsiCo planning big changes for Walkers Crisps
Food and Drink
It plans to spend £35m reformulating some of its existing range and adding new healthier products
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Poundstretcher CEO reveals fate of eight JTF Mega Discount Warehouse stores
Retail & High Street
The discount chain had reopened stores and wanted to open another 15 following the acquisition last year
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Up to 250,000 to use region’s busiest airport this Easter
Leisure & Touism
Management at East Midlands Airport expect passenger numbers to recover to 75-80 per cent of pre-Covid levels
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Leicester City CEO Susan Whelan opens up in rare interview about her love of the club
Barclay's Premier League
'We built it up slowly because we never wanted to be subject to terrible crises if there was a change in our league position'
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American Golf owner swings to record results ahead of £6m investment and creating jobs
North West
ILG has also revealed plans for a £6m investment programme during the next 12 months which will create 50 new jobs in the º£½ÇÊÓÆµ
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Sainsbury’s to axe 300 jobs as part of outsourcing drive
Sainsbury's
The roles are based in Manchester, London and Warwickshire
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Karen Witts announced as new finance boss at Dunelm
Retail & High Street
Until recently she ran the finance division of FTSE 30 contract food, hospitality and support services company Compass Group
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'Check your tools' campaign launches as MKM partners with OddBalls for Testicular Cancer Awareness Month
Construction
City-founded national operator joins forces with international charity to inform customer base
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Craft brewery on the road to regional pub trade expansion with town distribution deal
Food and Drink
Docks Beers to be deliverd by DeeBee as Grimsby pair partner up for on trade growth
Bookmark
Bristol's Temple Cycles launches crowdfund via Triodos Bank
Finance
The business, which designs and builds sustainable bikes, is hoping to raise funding to invest in new e-bike activities
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Boots says revenues are up as a potential sale of the pharmacy chain rumbles on
Deals
PA reports that US private equity firms are understood to be among those to have placed non-binding offers
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Somerset shopping centre acquired by Signal Capital
Deals
The Orchard Shopping Centre in Taunton is home to brands such as New Look and Waterstones
Bookmark
Love Seafood consumer campaign culled as industry sets out priorities to Seafish
Food and Drink
Industry authority buoyed by 'overwhelming need' for it to continue supporting the sector as new direction set
Bookmark
Bristol casino creates jobs after £500,000 refurbishment
Employment
The Grosvenor Casino Bristol said the revamp would allow it to add to its workforce in the city
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