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Retail & Consumer
FCA greenlights AO World's acquisition of Musicmagpie for £10m to expand consumer tech offerings
Enterprise
The º£½ÇÊÓÆµ's financial regulator has given the green light to the deal, which will see online electricals retailer AO World acquire the struggling reseller for a fraction of its IPO market cap
Bookmark
Asda to slash head office roles, enforce three-day office policy in sweeping corporate restructuring
By City AM
The supermarket is making a raft of changes at its head office - including cutting roles and demanding staff return to the office three days a week in a bid to 'strengthen its position for 2025'
Bookmark
Frasers Group issues stern warning to Boohoo, demands shareholder approval for any asset disposals
By City AM
Frasers Group has issued a warning to the board of fast fashion retailer Boohoo over the company's break up plans, following the retailer's decision to block the appointment of Mike Ashley as chief executive
Bookmark
New fashion retailer House of Tweed to launch in Birmingham's New Street following Body Shop closure
Birmingham New Street Station
The unit, situated in between Watches of Switzerland and Blue Banana, has remained empty for the past six month
Bookmark
Domino's Pizza reports return to sales growth as investments in customer experience pay off
By City AM
The fast-food chain told markets this morning that orders grew by 3.5 per cent in the third quarter to 17.4m. This was driven by deliveries rather than collections, with the former up 6.6 per cent
Bookmark
Revitalised Marks and Spencer sees profit surge and share price climb in transformative year
By City AM
The company's share price rose by nearly five per cent in early trades and reached a level not seen since 2016
Bookmark
Lancashire dairy lost £10m before being rescued by German giant Muller
By City AM
Yew Tree Dairy has reported a pre-tax loss of £10.2m for the 12 months to 31 March, 2024, after the business made a pre-tax profit of £5.5m in the prior 12 months
Bookmark
Asos reports revenue decline but sets stage for future growth with completed restructuring
By City AM
The online fashion giant said its long restructuring had been completed, with the "foundations of more agile and profitable business now in place"
Bookmark
Sosandar and Next extend partnership with exclusive homeware line, leveraging online retail strengths
By City AM
The licensing agreement, which requires no capital expenditure for Sosandar, will see the two companies extend their pre-existing agreement to sell clothing
Bookmark
Bristol lash and beauty brand to open 'immersive experience' store
Retail
House of Amor sells DIY lash extension kits called QuickLashes as well as nail products and cosmetics
Bookmark
Coca-Cola Europacific boosts dividend by 7.1% after revenue surge from Euros and Olympics
By City AM
The London-listed firm, which is the largest Coca-Cola bottling company, declared a full-year dividend per share of €1.97, up 7.1 per cent year-on-year
Bookmark
Dawson and Sanderson toast rising earnings thanks to appetite for higher value holidays
Company Results
The independent operator - which traces its history back to the early 1960s - said it had seen growth in its cruise bookings
Bookmark
EasyJet launches Bristol Airport to Istanbul flights
easyJet
The new route follows the launch of the budget airline's new twice-weekly service to Agadir in Morocco
Bookmark
Smiths News announces special dividend after profits above expectations
Company Results
The magazine and newspaper wholesaler said it benefited from the 53-week year
Bookmark
Camerons Brewery set to expand Head of Steam brand after successful year
Retail & High Street
The company recently announced a finance deal writing off £11.2m of debt while also extending facilities of £15m
Bookmark
Schuh boosts employment past pre-pandemic levels, creating nearly 400 jobs
By City AM
The Scotland-headquartered footwear retailer employed 4,369 people at the end of its latest financial year - up from its total of 3,975 in the prior 12 months
Bookmark
Bath stationery firm acquired by specialist Christmas goods manufacturer
Deals
The Gifted Stationery Company has been snapped up by Swan Mill Group
Bookmark
Ryanair faces profit decline amid lower fares and Boeing delivery setbacks
By City AM
The budget airline's profits have fallen as it revealed that it now expects to carry between 198m and 200m passengers in the full year, up 8 per cent on 2024
Bookmark
Burberry shares soar on rumours of luxury takeover - but British fashion house stays quiet
By City AM
Burberry shares jumped on Monday morning amid mounting speculation that the British fashion house could be a takeover target for Italian luxury outerwear brand Moncler
Bookmark
Asda takeover completes as billionaire Zuber Issa officially sells shares in supermarket
Asda
The deal was first announced in June
Bookmark
Mike Ashley defeated: Could Frasers Group tycoon hit back?
By City AM
Boohoo has announced that Dan Finley is to step into the role of chief executive, a move that resists attempts by Frasers Group to install its majority shareholder as the new boss
Bookmark
Retail footfall returns to downward trend as Brits stay away from shops in October
By City AM
Retail footfall fell by 1.1% year on year in October as Britons stayed away from shops, according to new figures from the BRC and Sensormatic.
Bookmark
Amazon shares soar after a stellar third-quarter performance
By City AM
Amazon breezed past third quarter expectations, with revenue up 11 per cent to $158.9bn (£123.3bn)
Bookmark
Lloyd Motor Group acquires Tyneside BMW and MINI dealership from rival
Deals
The Cumbrian group is creating jobs at Silverlink Park following the move
Bookmark
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