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Retail & Consumer

National Trust to cut 550 jobs following chancellor's tax hikes
Employment
The charity has blamed rising costs including increases to employer national insurance contributions
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Darwen Market Hall set for major transformation including new arcade and car park
North West
Councillors have been urged to approve the multi-million pound redevelopment of the Victorian retail hub in the town centre
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Manager of independent Bristol bookshop Bookhaus launches crowdfunder to buy business
Retail & High Street
The store is based in Wapping Wharf and has been open since 2021
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Wilkin & Sons, King Charles' jam supplier, returns to profit despite economic challenges
By City AM
Wilkin & Sons, the historic jam and marmalade maker to the King, has said the "challenging" Budget from Chancellor Rachel Reeves put a "significant strain" on its finances
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Fall in the number of shoppers in Wales
Wales
The Welsh Retail Consortium has published its latest retail footfall numbers for Wales
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Mulberry raises £20m from shareholders after fall in sales
Retail
The Somerset-based luxury handbag maker says the extra capital will fund its growth
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CBD brand backed by Vernon Kay raises millions as it eyes future growth
By City AM
Goodrays, the CBD brand which is backed by the likes of Vernon Kay and Tess Daly, has raised £5 million as it looks to continue expanding in the future
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Bristol's Wapping Wharf marks 10 years of 'vibrant independent community'
Bristol
The historic former shipyard site is a thriving waterside hotspot of shops, bars, restaurants and homes
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Newport has the highest vacate shop rate in the º£½ÇÊÓƵ
Retail & High Street
The Centre for Cities said that bringing much need new residential development is key to thriving the centres of many of town s and cities in the º£½ÇÊÓƵ
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Lipton's 'misleading' posts joking about end of Peach Ice Tea banned
By City AM
Lipton Ice Tea posted a series of social media posts in March claiming that their peach flavour had been discontinued, with the Advertising Standards Authority now ruling the campaign was misleading
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Morrisons rolling out Google AI to solve supermarket scavenger hunt
By City AM
Morrisons is using a new tool to help customers find products in store
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Hamleys closes dozens of º£½ÇÊÓƵ stores in bid to boost bottom line
By City AM
The famous toy store, which was founded in London in 1760, has closed dozens of loss-making stores in the º£½ÇÊÓƵ in a bid to boost its bottom line in the face of a 'challenging' retail market
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Hovis losses widen amid ongoing merger talks with Kingsmill owner
By City AM
Bakery group Hovis, which is backed by private equity firm Endless, saw its pre-tax losses increase from £3.6m to £4.7m in the year to 28 September, 2024, new accounts show
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Bristol Airport launches direct flight route to Turkey
Leisure & Touism
Turkey-based carrier Pegasus Airlines is now offering direct flights to Istanbul from the South West
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M&S chair says º£½ÇÊÓƵ is 'traumatised' after cyber attack and needs to 'muscle up'
By City AM
Speaking to lawmakers on Tuesday, Marks & Spencer chair Archie Norman said the º£½ÇÊÓƵ is 'just not resourced up to operate at [the US] level' when it comes to cyber security
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Fragrance and household cleaning firm Fabulosa plans to expand on five continents after investment success
Retail & High Street
Global growth plans follow HSBC funding announcement
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Thousands of robots, dinosaur video games and voting by chopstick – inside Amazon’s super-high tech Japanese hub
Technology
BusinessLive went to Japan to learn about Amazon warehouse technology making global deliveries quicker
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Amazon Prime Day: Brits set to splash £1.9bn as Amazon discounts sweep º£½ÇÊÓƵ
By City AM
The US is set to see $20bn splashed out by consumers during the midsummer sale, according to Parcelhero head of consumer research David Jinks.
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Shein opts for Hong Kong IPO amid challenges with London listing over regulatory concerns
By City AM
The fast-fashion firm, which has yet to clear regulatory hurdles for its London IPO, has confidentially filed a draft prospectus to the Hong Kong Exchange
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Burberry shares double in value as luxury fashion brand eyes FTSE 100 return
By City AM
Burberry's shares have doubled in value in a matter of weeks as the luxury fashion brand looks to return to the FTSE 100 index in London.
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Why you're seeing so many food halls popping up in Greater Manchester
North West
Altringham Market has been followed by other ventures in Manchester city centre, Stockport, Oldham and other boroughs
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Co-op movement is one of the North West’s ‘biggest exports’: Greater Manchester hosts global celebration
The Co-operative
Global delegates marking UN International Year of Co-operatives 2025 visit Rochdale and FC United
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Mike Ashley's Frasers Group tightens grip on Hugo Boss after 32% stake hike
By City AM
Hugo Boss has hit back at Frasers Group after the Mike Ashley-controlled retail empire said it does not agree with the German fashion giant's dividend policy
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Waitrose opens huge distribution centre near Bristol as it plans more store launches
Waitrose
The logistics hub in Avonmouth is the retailer's first in the region
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By City AMHamleys closes dozens of º£½ÇÊÓƵ stores in bid to boost bottom lineThe famous toy store, which was founded in London in 1760, has closed dozens of loss-making stores in the º£½ÇÊÓƵ in a bid to boost its bottom line in the face of a 'challenging' retail market
EmploymentNational Trust to cut 550 jobs following chancellor's tax hikesThe charity has blamed rising costs including increases to employer national insurance contributions
Darwen Market Hall set for major transformation including new arcade and car park
North West
Councillors have been urged to approve the multi-million pound redevelopment of the Victorian retail hub in the town centre
Manager of independent Bristol bookshop Bookhaus launches crowdfunder to buy business
Retail & High Street
The store is based in Wapping Wharf and has been open since 2021
Wilkin & Sons, King Charles' jam supplier, returns to profit despite economic challenges
By City AM
Wilkin & Sons, the historic jam and marmalade maker to the King, has said the "challenging" Budget from Chancellor Rachel Reeves put a "significant strain" on its finances
Fall in the number of shoppers in Wales
Wales
The Welsh Retail Consortium has published its latest retail footfall numbers for Wales
By City AMBank of England rate cut 'almost certain' after poor economic growthThe Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a row, according to economists.
Call for SME 'champions' to support Invictus Games 2027
West Midlands
New business initiative launched which it is hoped will raise vital funds to help host the sporting spectacle at the NEC
Locations of three huge new Welsh wind farms revealed that will dominate skylines and power 350,000 homes
Welsh Government
The plan is to generate enough renewable electricity to meet 70% of what's used in Wales by 2030, rising to 100% by 2035
Council warned Time Square income target is 'unrealistic' as cost of living crisis has hit retail and leisure sectors
property news
The cabinet will be updated on the council's 2025-26 revenue forecast position
EnterpriseGreenergy to close Immingham biodiesel plant with 60 jobs at riskThe firm has announced plans to close its base at West Riverside, Immingham, which it started production at 18 years ago, with the loss of 60 jobs
Call for SME 'champions' to support Invictus Games 2027
West Midlands
New business initiative launched which it is hoped will raise vital funds to help host the sporting spectacle at the NEC
£2m sale deal for Sutton Coldfield property
West Midlands
Home to wine warehouse and dental surgery has been snapped up by private investor
Humber Estuary could be new home to 'floating power barge' and small nuclear reactor
Energy
The Humber Estuary could be home to the º£½ÇÊÓƵ's first small nuclear reactor, following an agreement signed by an international consortium.
National Trust to cut 550 jobs following chancellor's tax hikes
Employment
The charity has blamed rising costs including increases to employer national insurance contributions