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Retail & Consumer

Heathrow Airport sets new passenger record after bumper Christmas 2024
By City AM
A bumper Christmas helped Heathrow Airport notch a record number of passengers in 2024, but the airport is already setting its sights on fresh heights for 2025.
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New hotel planned for historic Chinatown in Liverpool
North West
Planning application submitted for former restaurant site
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New canal side cafe approved near Bolton's Creams Mill housing development
North West
Plans also include the narrowing of the canal nearby
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Extra bank holiday for 2025 news slammed by industry leaders
Home
The bank holiday was proposed to mark 80 years since the end of World War Two, giving most people a day off work
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Boots faces 'heightened cost pressures' after Budget but sees surge in sales
By City AM
The comments come as Boots revealed its total comparable retail sales rose 8.1 per cent year on year in first quarter of its financial year, the three months to 30 November, 2024.
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Sainsbury's staff to get pay rise after bumper Christmas and market share win
By City AM
Sainsbury's said it was the fifth consecutive Christmas that it had increased its grocery market share, with sales up almost 4%
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Cornwall firm goes into liquidation owing almost 拢1m
Insolvency and Administration
Summercourt Travel Limited was declared insolvent in the fortnight leading up to Christmas
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Boohoo leadership backed by ISS in shareholder dispute with Mike Ashley
By City AM
ISS has backed Boohoo in its row with Mike Ashley and Frasers Group, urging shareholders to vote against firing the company's co-founder and vice chair Mahmud Kamani
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B&M Bargains reports 3.5% revenue growth in festive quarter despite retail challenges
By City AM
Liverpool-based retail giant B&M Bargains, which includes Heron Foods, has issued a trading update to the markets, with the firm reporting strong revenue growth throughout the golden quarter
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Marks and Spencer shares plunge despite strong Christmas trading update
By City AM
Marks and Spencer shares dropped eight per cent as the retailer revealed its Christmas trading update, which showed food sales growth of 8.7 per cent in the 13 weeks to December 28, with sales of its new Christmas products up 14 per cent
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Tesco's bumper Christmas trading is reflect in supermarket's share price
By City AM
Tesco said it slugged 4.7% higher in the six weeks to January 4, with a "particularly strong contribution" from fresh food, more than double the market average of 2.1%.
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Greggs sales top 拢2bn in year of record new shop openings
Company Results
The national chain says it will open between 140-150 net shops this year on its way to creating a network of more than 3,000
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Seasalt bucks high street gloom as Cornish clothing brand reports strong Christmas sales
By City AM
The Falmouth-based retailer said it expected significant cost pressures in the coming months, in light of the Chancellor's Autumn Budget, as it also extended its US expansion
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Paddy Power owner loses over 拢300m on bad US bets after 'favourable' NFL season
By City AM
The owner of Paddy Power has lost over 拢300m due to a period of 'very unfavourable US sports results' as a record number of favourites have won their NFL games this season
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Topps Tiles sees sales growth in golden quarter as CEO Rob Parker announces retirement
By City AM
The tile specialist said that like-for-like sales for the fourth quarter were 8.2 per cent lower year-on-year, despite trading levels "remaining stable"
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Hornby reports surge in Christmas sales under Mike Ashley's advisory role
By City AM
The international models and collectables group, which is advised by Mike Ashley, said it had seen a seven per cent rise in group sales for the third quarter ended 31 December.
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海角视频 hotel sector sees pre-Christmas boost - but warns on inflation
By City AM
A pre-Christmas boost for the 海角视频 hotel sector has been overshadowed by warnings that the industry is facing a 'raft' of cost increases, including higher wages and business rates
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Mamas & Papas continues to expand with new stores planned in 2024
By City AM
The Huddersfield-headquartered nursery and baby brand said it has another 20 locations planned in 2024 "to help it tap into growing demand for its branded ranges"
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Barbour cafe with some of the best Newcastle city centre views to stay open
Retail & High Street
The pop-up cafe has been a huge hit with customers - and it will now be open for even longer
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Record grocery spending this Christmas as Brits indulge in premium foods and sparkling wines
By City AM
Overall take-home sales at the grocers rose by 2.1 per cent over the four weeks to 29 December compared with last year, with Brits splashing out on premium lines of branded goods for festive favourites like sausage rolls and cake, as well as sparkling wine and champagne.
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Home Bargains owner Tom Morris takes home 拢1.22bn as sales and profits surge
By City AM
TJ Morris, the parent company of Home Bargains, issued the huge dividend to its owner during its latest financial year
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Dragons' Den star Sara Davies steps in to rescue business she launched as student
Retail & High Street
The company is to be placed into administration - but the County Durham entrepreneur has put together a rescue package
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Barker and Stonehouse profits fall as cost-of-living crisis curbs shoppers' spending
Retail & High Street
The luxury furniture firm made a 拢3m-plus profit on the sale of its former Newcastle city centre store, which is now making way for student housing
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Next upgrades profit forecast as Christmas sales soar but warns on rising costs
By City AM
The high street bellwether said Christmas sales rose by more than 6% in the nine weeks to December 28 and hiked its expected profit for the year by 5% as a result
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