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Retail & Consumer

Vodafone and Three's 拢16.5bn mega merger approved by competition watchdog
By City AM
The CMA has approved the blockbuster 拢16.5bn merger of Vodafone's 海角视频 business with CK Hutchison's Three 海角视频, creating the 海角视频's biggest mobile operator
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'Largest ultra rapid charging hub in Europe' planned for Trafford Centre
North West
The redevelopment will include a brand new Starbucks drive-thru, a car showroom and a new parking area with 47 electric vehicle ultra-rapid charging spaces set to be a '海角视频 first'
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Debenhams makes first profit since Boohoo rescue despite sales halving
By City AM
Debenhams, which was acquired out of administration by Boohoo in 2021, has recorded a pre-tax profit of 拢4.5 million for the year to 29 February, 2024, having made a pre-tax loss of 拢732,000 in the prior 12 months
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Gymshark finance chief departs as apparel giant reveals reduced profits
By City AM
The company said Mat Dunn, who had been with the business since December 2022, had been 'instrumental in evolving our finance and commercial functions'
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Pizzeria Franco Manca confirms Liverpool opening date
Food and Drink
The company opened in 2008 on Market Row in Brixton Market and has since gone on to launch more than 70 stores
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TalkTalk may cut nearly 25% of consumer staff, including roles at Salford HQ
Employment
It's understood that the company will be extending the redundancy consultation period to pause for two weeks over Christmas
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Gail's Bakery to open 35 new locations in England amid 拢500m sale talks
By City AM
The London-headquartered business opened 21 locations in its latest 12 months - a period which also saw its revenue surge from 拢181.7m to 拢231.7m
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Avanti West Coast achieves 拢1bn turnover despite ranking low on 海角视频 reliability charts
By City AM
Avanti West Coast has a turnover of 拢1.01bn in the 12 months to 31 March, 2024, newly-filed accounts with Companies House show
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Black Friday's late timing blamed for 'disappointing' fall in retail sales
By City AM
The British Retail Consortium's (BRC) sales monitor showed that sales volumes fell 3.3 per cent in the year-to-November, compared to a 2.3 per cent increase last year
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Marston's profits jump 64% as pre-Christmas bookings offer hope for bumper year
By City AM
The Wolverhampton-headquartered firm said its total revenue for the year ending 28 September, 2024, increased to 拢898.6m, up three per cent from 拢872.3m the prior 12 months
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On the Beach brings back dividends and launches 拢25m share buyback for investors
By City AM
On The Beach has announced a 拢25m share buyback and the re-introduction of a final dividend for investors after demand for its package holidays hit record levels in 2024
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Celebrity chef Tom Kerridge warns of widespread closures in hospitality following tax hike
By City AM
The celebrity chef and pub owner said the tax hike in the Budget will be 'catastrophic' for the hospitality sector, as well as for the retail industry
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Upper Crust owner SSP sees profit soar despite 'disappointing' European performance
By City AM
The firm, which runs cafes, bars and restaurants in train stations and airports, said that there were good performances in North America, the 海角视频 and Asia-Pacific
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M&S and Waitrose meal deal sandwich supplier makes 'stronger than expected' recovery
By City AM
The Irish business, which supplies sandwiches and sushi to the likes of M&S and Waitrose, told markets this morning that like-for-like sales jumped from 29.7 per cent to 33.2 per cent in the year ending on 28 September, 2024
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WeBuyAnyCar sales slump by nearly 拢1bn as used car prices tank
By City AM
Webuyanycar has reported a revenue of 拢2.57bn for the year to 31 March, 2024, according to newly-filed accounts with Companies House
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Mothercare slumps to loss as Middle East markets continue to struggle
By City AM
The firm slumped to an adjusted pre-tax loss of 拢1.4m in the six months to the end of September after having made a profit of 拢1.8m in the same period last year
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Supreme saves Typhoo Tea from administration with a 拢10.2 million acquisition
By City AM
The trade and selected assets of the Bristol-based company have been acquired by Manchester-based Supreme
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Nando's to open new restaurants across 海角视频 after slashing loss
By City AM
The peri-peri chicken chain said it would open 14 sites in the current financial year, after it cut its pre-tax loss during the year to the end of February 2024
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South Western Railway's new 拢1bn train fleet finally launched after five-year delay
By City AM
The new fleet of trains, unveiled at an event in Waterloo Station, have been five years in the making due to a number of separate delays and disputes
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Kombucha maker hikes prices 429 percent in Black Friday 'anti-sale'
Retail
Counter Culture says it is trying to discourage purchases this weekend
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Vue earnings hammered by National Minimum Wage and rising costs
By City AM
The company said the falling admissions and total revenue for the period were the result of coming up against the tough comparison to the performances of Avatar
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海角视频 retailers set high hopes on Black Friday 2025 to counteract recent sales slump
By City AM
The British Retail Consortium said retailers are hoping to see a boost in sales following a difficult few months after footfall across the 海角视频 declined in November
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American burger chain Five Guys launches bid to open fourth restaurant in Liverpool
Food and Drink
Company in middle of significant 海角视频 expansion
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Black-owned restaurants urged to apply for Uber Eats fund
Restaurants
The support fund is being run in collaboration with Enterprise Nation and is for 海角视频-based businesses
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