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Retail & Consumer

Mumbai flights at Manchester Airport expand due to big demand
Transport
Airport boss says 'We always knew a connection between the º£½ÇÊÓƵ's global gateway in the North and India's financial capital would be popular'
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Tate & Lyle shares fall after Morgan Stanley cuts stock rating and lowers price target
By City AM
Morgan Stanley has downgraded the stock to "underweight", citing increased risk to Tate & Lyle's mid-term targets after Tyson Foods said it would remove sucralose from US-branded products
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Newspaper wholesaler Smiths News raises profit forecast
Company Results
The listed company has been boosted by its news and magazines business
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B&Q and Screwfix owner Kingfisher upgrades guidance amid strong º£½ÇÊÓƵ demand
Retail
The retail giant is also planning to grow its marketplace platform after reporting significant growth over the year
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Bowers & Wilkins slashes 50+ jobs amid $8m loss in premium audio sector
By City AM
The British audio business, which counts David Beckham among its brand ambassadors, has reduced its workforce by 14 per cent, with 50 production jobs going
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The Cotswold Company reports surge in sales and eyes new showroom openings
Company Results
The high-end furniture business has bucked the downturn in a challenging sector
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Ambrosia creamery site in Devon gets £19m investment
Food and Drink
Premier Foods said the injection of funding in its Lifton site would support more than 320 jobs
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First Bus South West workers could strike over pay, union warns
Employment
RMT Union said it would ballot its members over the potential industrial action
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Heinz º£½ÇÊÓƵ profit rockets despite ketchup and baked beans battles
By City AM
The London-headquartered division of the US giant has reported a pre-tax profit of £191.9m for 2024, according to new accounts filed with Companies House.
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Lavazza battles 'intense pressure' on supply chain as profits double amid price rises
By City AM
The Uxbridge-headquartered division has posted a pre-tax profit of £3.2m for 2024, up from the £1.5m it achieved in 2023.
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St Nick's Market rent hike looks set to go ahead – despite council's own report that it could put traders out of business
South West
A petition has been signed by thousands of people who visit the famous city centre market and street food venue
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Asda-owned Leon slashes hundreds of jobs as work from home trend bites
By City AM
The firm, which was co-founded by Henry Dimbleby, son of veteran BBC broadcaster David Dimbleby, said it had reduced its headcount by 17% in 2024 - but did not disclose the number of roles cut
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Morrisons warns shoppers feeling 'squeezed' as sales growth slows
Retail
Boss Rami Baitieh said inflation had increased further in the past two months
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Scribbler to open store at The Mall at Cribbs Causeway
Retail & High Street
The shopping centre has reported a 9% rise in footfall and 6% growth in sales over the past year
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Pets At Home boss Lyssa McGowan leaves as retailer cuts profit forecast again
Retail & Consumer
Search for her successor has begun
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Bath Rugby stadium plans approved by council
Business of Sport
But the proposals will still need authorisation from the secretary of state
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IKEA confirms opening date for new store at Chester's Greyhound Retail Park
North West
Swedish giant is opening smaller stores in retail parks
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Grenade: Protein bars brand slumps into the red after sales are slashed
By City AM
Grenade, which is owned by Cadbury's parent company Mondelēz International, has reported a pre-tax loss of £237,763 for 2024 after having made a profit of £12.1m in the prior 12 months
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Temu º£½ÇÊÓƵ's revenue and profits soar as legal battle with Shein approaches
By City AM
The results for Temu's º£½ÇÊÓƵ arm come ahead of a trial at London's High Court between the company and online fast-fashion giant Shein due to start in 2026
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Eden Project designer Sir Nicholas Grimshaw dies at 85
South West
He gained widespread recognition for creating the attraction which is now a major tourist destination
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Whittard of Chelsea secures £12m funding deal to support growth and expansion
By City AM
The Oxfordshire-headquartered company said it is now "well-positioned" to build on its º£½ÇÊÓƵ base and expand further into international markets such as China and the US
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Aldi issues warning over Budget as profits slashed by more than £100m
By City AM
The discount supermarket giant said its operating profit declined from £552.9m to £435.5m in 2024, as it continued to "lower prices for customers, invest in infrastructure and increase pay for colleagues"
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Sainsbury's shares hit highest price in more than a decade after Argos talks
By City AM
Sainsbury's share price has jumped by almost five per cent in early trades this morning to 322p - the highest its shares have commanded since the 323p they were changing hands for in April 2024
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Sandwich chain Pret A Manger 'punished for having a º£½ÇÊÓƵ focus'
By City AM
Knoops CEO William Gordon-Harris said the sad fact is for º£½ÇÊÓƵ domestic growth is that so many º£½ÇÊÓƵ founded businesses focus their growth after launch into foreign markets
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