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Retail & Consumer
Deliveroo agrees terms of £2.9bn takeover by US rival DoorDash
By City AM
The offer of 180p per share represents a premium of 44 per cent on Deliveroo's closing share price on the day prior to the acquisition, and a 40 per cent premium on its average price for the prior three months
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Papa Johns º£½ÇÊÓÆµ boss on 'difficult decisions' that saw 43 stores shut and 100s of jobs lost
By City AM
The º£½ÇÊÓÆµ arm of pizza chain Papa Johns was said to be "no longer losing money" and was on track to make its first profit since 2021
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Lost Gardens of Heligan and Triodos Bank among King's Awards for Enterprise 2025 South West winners
South West
A total of 17 companies from across the region received awards this year
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From superyachts and software to cheese and eggs: 24 North West companies win King’s Awards for Enterprise
North West
Winners include a firm dedicated to supporting children's mental health as well as companies in the manufacturing and chemicals sectors
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Hotel, bar and restaurant firm Apartment Group sees sales rise following investments
Food and Drink
The Newcastle group owns As You Like It and a growing number of wedding venues across Northumberland, County Durham and Yorkshire
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Businesses say controversial Liverpool parking change is 'deterrent' and must be reversed
North West
Council will press ahead with extending its parking restrictions to 11pm.
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Heineken to create around 1,000 jobs and reopen dozens of º£½ÇÊÓÆµ pubs
Food and Drink
The brewing giant is planning to pump £40m into its Star Pubs operation
Bookmark
Harrods joins M&S and Co-op as target in recent º£½ÇÊÓÆµ retail cyber attacks
By City AM
Harrods has confirmed it has been targeted by cyber attackers in a fresh attack on a major retailer - the third in just a few days - amid fears of a 'coordinated campaign'
Bookmark
US fashion giant eyes opening first-ever store in Liverpool
North West
Anthropologie is seeking permission to install two large signs on a unit on College Lane in Liverpool city centre
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Nisha Katona's Mowgli Street Food bounces back to profit and creates jobs
By City AM
The Liverpool-headquartered business has reported a pre-tax profit of £512,178 for the year to 31 July, 2024, new accounts filed with Companies House have revealed.
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Greggs saves more than five million meals from going to waste in Too Good To Go partnership
Food and Drink
Greggs partnered with Too Good To Go in 2021 and surplus food can be rescued from more than 2,000 of its shops
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Solihull-based Gymshark to cut nearly a third of its workforce despite record sales
By City AM
Gymshark has announced that it is putting almost 300 jobs at risk, around a third of its workforce, despite the company's sales continuing to steam ahead
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'New arts club' gets go-ahead to play live music and sell pizzas until 2am
Retail & Consumer
The Saxonvale Ltd sought to open the ground floor and courtyard area as a cafeÌ, bar and late night events venue
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Vinted launches venture capital arm to invest in º£½ÇÊÓÆµ and European e-commerce start-ups
By City AM
Vinted, Europe's largest pre-loved fashion marketplace, has launched its own venture capital (VC) arm, marking a new entrant into the º£½ÇÊÓÆµ's fast expanding re-commerce and resale market
Bookmark
Craft beer maker Ilkley Brewery rescued from administration with jobs secured
Food and Drink
Former owner Luke Raven said demand is still strong for Ilkley's beers
Bookmark
M&S share price rises for first time since cyber attack crisis
By City AM
The retail giant has seen its share price fall 6% in the past week since it first revealed the cyber attack on its systems, which impacted contactless payments and click and collect orders
Bookmark
PureGym announces US expansion and record revenue growth in 2024
By City AM
The gym operator ended 2024 with 2.25m customers, adding 400k in the last year - a jump of 21%
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Cotswold Outdoor owner racks up a decade of losses but says it's 'well placed'
By City AM
The business behind outdoor clothing and equipment retailer Cotswold Outdoor has not made a pre-tax profit for a decade but it did significantly reduce its losses in 2024, new figures have confirmed
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Gymshark sales smash through £600m barrier for the first time in its history
By City AM
The Solihull-headquartered business has reported sales of £607.3m for the year to 31 July, 2024, new accounts filed with Companies House have revealed
Bookmark
The White Company and Charles Tyrwhitt owner's sales pass £600m
By City AM
Bectin Limited, which was established in 2016, has published accounts showing that its total turnover increased from £558.5m to £607.7m during the 12 months to 3 August, 2024
Bookmark
Plans for new superstore at Gloucester Docks warehouse
South West
Jaspac Developments Ltd wants to change 12 Llanthony Road to a retail unit
Bookmark
Deliveroo suspends £100m share buyback after DoorDash takeover offer
By City AM
The Deliveroo share buyback programme would have brought its shareholder returns to £550m
Bookmark
Lidl's ambitious plans to open in Britain's most exclusive neighbourhoods
By City AM
The budget supermarket has already opened in swanky Fulham and Balham as it looks to reach its target of 3,000 stores across Great Britain
Bookmark
Starbucks franchise more than doubles profit and sales ahead of takeover
By City AM
23.5 Degrees has reported a turnover of £93m for the 12 months to 31 August, 2024, up from the £83.5m it achieved in the prior period
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Retail & Consumer
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Retail & High Street
Ringtons keeping it in the family as business brews up changes under fifth generation
Eight years after first revealing how they were starting a succession plan, the new generation of directors are now in place
Guy Ritchie opens smokehouse restaurant at Dorset airfield
Food and Drink
Lore of the Sky will serve Texas-inspired barbeque food and local Dorset and Wiltshire beer, ale and cider
North West
Manchester Arndale: 50% stake goes on market
'Super prime city asset' has not been on market since 2005
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 £5bn for the three months to 31 March, 2025, the first quarter of its financial year.
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.
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
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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Grand National
Unforgettable corporate experiences await at The Jockey Club Venues
With 15 venues across the º£½ÇÊÓÆµ offering a vast array of indoor and outdoor spaces, you can host a business event with confidence
From fintech favourite to financial struggles: Starling Bank faces a tough road ahead
By City AM
Starling, Monzo and Revolut entered the banking scene over a decade ago - but as two continued their charge, one faltered - here's a look at the rise and fall of one of the º£½ÇÊÓÆµ's most exciting fintechs
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
Rolls-Royce now worth more than £70bn as shares continue to rise
By City AM
Shares in the FTSE 100 giant ended Thursday, 22 May, priced at 839p which has given it a market capitalisation of £71bn
Rich List 2013: No.18 The Mackie family - (£470m)
Economic Development
Profits at the Mackie family’s City Electrical Factors Holdings are holding steady.
By City AM
From fintech favourite to financial struggles: Starling Bank faces a tough road ahead
Starling, Monzo and Revolut entered the banking scene over a decade ago - but as two continued their charge, one faltered - here's a look at the rise and fall of one of the º£½ÇÊÓÆµ's most exciting fintechs
Entries open for celebration of West Midlands tourism
West Midlands
Sixth annual awards will recognise excellence across 17 categories including a new one for outstanding contribution
Partner content: Three charity law and governance updates you may have missed
North East
The Newcastle law firm has outlined some key updates from 2024 that charities need to be aware of
Tesla stock jumps after Elon Musk teases June robotaxi launch
By City AM
Tesla shares climbed two per cent in after-hours trading on Wednesday after reports emerged that the EV giant is preparing to launch its long-anticipated robotaxi service as early as 12th June
Best buildings unveiled as RIBA North East Awards 2025 winners are announced
property news
A top attraction, a 'Tardis-like' conservation centre, a converted listed former department store and a conserved micro-holiday home are among the winners