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Retail & Consumer

KLM announces route to Barbados with Bristol Airport travellers set to benefit
Bristol
The Dutch airline will start operating flights to the Caribbean island later this year
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Wickes to be promoted to FTSE 250 as National Express owner axed
By City AM
Wickes has entered the index after its stock price has soared 35 per cent in the last three months, launching a 拢20m share buyback programme and seeing a recovery in big ticket sales
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Dr Martens to move away from boots to sandals and bags after profits plunge
By City AM
The company's share price rose nearly 13 per cent in early trades after it announced a new strategy to recover from a bruising year
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Boots 海角视频 sees profit soar after closing 334 stores
By City AM
The high street pharmacy chain shuttered 334 locations in the year to the end of August 2024
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Plymouth's Armada Centre sold to global investment firm
Retail
The council credits a 拢30m regeneration scheme on Armada Way for attracting the investor
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Whitbread challenges Liverpool's new 拢2 nightly hotel charge as city and BID company defend levy
Retail & Consumer
Liverpool BID Company says charge plan has been led by the hospitality sector
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Costco boss says lower petrol prices have actually benefited it as profits soar
By City AM
Costco 海角视频 has reported a pre-tax profit of 拢188.9m for the year to 1 September, 2024, up from the 拢139.2m it achieved in the prior 12 months
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North East holiday company Hays Travel snaps up Spear Travels Group
Deals
The deal marks the first acquisition of the new financial year for the Sunderland business
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WH Smith high street sale on track as stores will rebrand as TGJones
Retail & High Street
WH Smith group itself will focus on its travel stores
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Ramsdens upgrades profit expectations amid high gold prices
Company Results
The high street chain says exceptionally high prices are expected to continue and has introduced a special dividend on the strong results
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Biscuit giant that makes Jammie Dodgers and Party Rings cuts losses and creates jobs
By City AM
Burton's Biscuit Company and Fox's Biscuits combined in 2022 to form a new company
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Interflora 海角视频 owner swings to profit in 2024 despite turnover dip, reveals new strategy
By City AM
The Lincolnshire-headquartered company has posted a pre-tax profit of 拢1.9m for 2024, according to new accounts filed with Companies House
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M&S chief executive's pay swells to more than 拢7m before cyber attack
By City AM
Stuart Machin took home just over 拢7m for M&S's latest financial year, up from the 拢5m he received for the prior 12 months, the retailer's annual report has revealed
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Cornwall farm reports surge in demand for sustainable meat
Food and Drink
Treway Farm's sustainable methods were recently recognised at the Great Cornish Food Awards
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Yo! Sushi loses more than 拢20m as owner is bought in 拢500m deal
By City AM
Delayed accounts show the sushi chain reported a pre-tax loss of 拢22.6m in the year to March 31, 2024, after its turnover totalled 拢138.3m for the same period
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Manchester Arndale: 50% stake goes on market
North West
'Super prime city asset' has not been on market since 2005
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Asda reports 5.9% sales drop but sees 'good progress' under new strategy
By City AM
The Leeds-headquartered chain has reported a revenue - excluding fuel - of 拢5bn for the three months to 31 March, 2025, the first quarter of its financial year.
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Ghost Ship producer halves losses as commercial turnaround plan bears fruit
By City AM
Adnams, which is based in Suffolk, is known for its Ghost Ship ale as well as its range of spirits.
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Ringtons keeping it in the family as business brews up changes under fifth generation
Retail & High Street
Eight years after first revealing how they were starting a succession plan, the new generation of directors are now in place
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Fast fashion giant Shein eyes Hong Kong IPO as London listing stalls
By City AM
Shein is reportedly working towards a Hong Kong initial public offering (IPO) after failing to secure approval from Chinese regulators for its London listing
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Pets at Home sees starkly diverging performance in retail and vet services
By City AM
Pets at Home has announced its full-year results, with the group's retail sales and vet services showing a stark divergence, as the retailer faces a 'challenging 海角视频 consumer backdrop'
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B&Q owner Kingfisher sees strong 海角视频 sales but French troubles continue
By City AM
Kingfishjsoner, which operates 1,900 stores across seven European countries, said total sales rose 1.8 per cent to 拢3.31bn in the three months ended April 30.
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Ocado crowned Britain's fastest growing grocer as 海角视频 faces highest grocery inflation in over a year
By City AM
Grocery inflation shot up to 4.1 per cent in May, driven by chocolate and suncare products in the hottest start to the month on record
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Boutique bowling company Lane7 plans huge entertainment centre in Leeds
property news
The North East competitive socialising expert is set to convert a former Wilko store in the city
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