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Retail & Consumer

Logan Paul and KSI's energy drink firm sees profits slump after 'considerable hype'
By City AM
New accounts for Prime Hydration's º£½ÇÊÓƵ arm show the firm's turnover was slashed by more than 70 per cent in its latest financial year after its 'consumer interest moderated'
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Walsall-based HomeServe plunges into loss despite crossing £1bn in sales
By City AM
The Walsall-headquartered business has posted a revenue of £1.1bn for 2024 while it reported a pre-tax loss of £31.7m
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º£½ÇÊÓƵ insolvencies: The firms in 'perilous position' as construction and retail lead the way
By City AM
The Insolvency Service has released new data showing that the number of º£½ÇÊÓƵ firms entering insolvency in May grew 8% on a monthly basis, with the rate having doubled since the start of the year
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Retail sales drop as shoppers stay away from high streets in May
By City AM
The Office for National Statistics said retail sales fell by 2.7 per cent in May, representing the largest month-on-month fall in sales since December, as shoppers stayed away from the high street
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Louis Vuitton º£½ÇÊÓƵ sales slashed by almost £90m as luxury spending slows down
By City AM
The fashion powerhouse has reported sales of £488.2m for its latest financial year, down from the £575.2m it achieved in 2023.
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Morrisons grows sales as it tries to offload debt amid 'trolley wars'
By City AM
The supermarket chain, which is owned by US investment firm Clayton, Dubilier & Rice, said like-for-like sales grew by 3.9% in the second quarter, with total sales up 4.2% to £3.9 billion
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Premier Inn owner Whitbread sees º£½ÇÊÓƵ sales fall amid shake-up of pub business
By City AM
The Premier Inn-owner told markets this morning that overall sales in the º£½ÇÊÓƵ fell five per cent in the first quarter of the financial year, driven by a 16 per cent drop in food and drink sales
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Sales and profits surge at beauty brand co-founded by Jess Hunt
By City AM
Refy, which was co-founded by Jess Hunt, has reported a turnover of £40.3m for the year to 31 August, 2024, according to new accounts filed with Companies House
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Yorkshire based Mighty Drinks hunts for buyer after administrators are called in
Retail & High Street
Mighty Drinks has appointed administrators from Interpath
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B&M to move from European tax haven it's been domiciled in for over a decade
By City AM
The discount retailer, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide "greater flexibility for returning capital to shareholders going forward"
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Matalan sales fall below £1bn as it sheds almost 200 jobs in tough year
By City AM
The Liverpool-headquartered retailer has reported a pre-tax loss of £67.2m for the 12 months to 22 February, 2025.
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Durham menswear firm seals five-figure investment to stock up for expansion
Deals
The firm has secured a five-figure investment from the Northern Powerhouse Investment Fund II
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Indoor climbing wall group sells off Bristol sites after 17 years
Bristol
The Climbing Academy centres remain open and will rebrand later this year under new ownership
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Sarson’s vinegar owner plans £17m Greater Manchester expansion  – now city pushing for more Japanese investment 
North West
'Mizkan is excited to be investing in the future of our long established Middleton factory'
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Flora and I Can't Believe It's Not Butter maker sees growth ahead
By City AM
KKR said it would make all of its Flora Buttery products suitable for vegans in 2023
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Wowcher profit plunges after CMA refund over pressure selling tactics
By City AM
The e-commerce giant agreed to change its online selling practices and hand 870,000 customers a share of more than £4m in refunds after the Competition and Markets Authority (CMA) launched an investigation
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New restaurant and bar to open at Bristol Airport
Food and Drink
The menu will have a light bites and small plates as well as breakfast options
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Dunelm's shares predicted to surge as sales rise and retailer 'sits in pole position'
By City AM
Peel Hunt analysts said the homewares retailer is a "coiled spring" and that it has a "clear moat" compared to its competitors due to the combination of more products, more active customers and a much better online customer experience
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Neal's Yard Dairy's profits fell in year before £300,000 cheese heist
By City AM
Neal's Yard Dairy, based in Southwark, south London, saw its profits fall in the year before it was the victim of a £300,000 cheese heist
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AO World profits set to jump as sales rise amid cost pressures
North West
AO World's growth strategy has helped the online white goods retailer to a stronger sales performance, with profits expected to have risen by around 30%
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Welsh retail footfall numbers fell in May
Retail & High Street
The Welsh Retail Consortium said there was one positive with a rise in shoppers at retail parks
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Vegan and vegetarian Indian restaurant opens in former Bath church
Restaurants
A London-based hospitality company has acquired the leasehold of the building
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Tesco ramps up market share and maintains profit guidance amidst fierce º£½ÇÊÓƵ supermarket wars
London
The º£½ÇÊÓƵ's biggest supermarket chain has reported a strong first quarter
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Ryanair to fine disruptive passengers £500 'minimum'
Transport
The budget carrier is hoping the new policy will act as a deterrent to 'unacceptable behaviour'
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