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Retail & Consumer
Lanchester Group profits fall amid global disruption and rate rises
Food and Drink
The group comprises a range of business including Lanchester Wines, Greencroft Bottling, Lanchester Properties and Full Circle Brew Co
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Dunelm warns of uncertainty ahead despite 'strong' sales growth
By City AM
The home furnishings retailer saw "strong sales" in the third quarter, with the group generating over six per cent growth across its homewares and furniture categories
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Sainsbury's warns on profit growth as it reports full year numbers
By City AM
The supermarket giant reported retail underlying operating profit of £1.036bn in the 52 weeks ended March 1, up 7.2 per cent from £966m last year
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Greggs reaches milestones during year of progress for pioneering sustainability pledge
Retail & High Street
The Newcastle bakery giant now has 1,015 Greggs Foundation Breakfast Clubs feeding more than 75,000 children every day
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WHSmith high street profits slump by 30% as it prepares to sell 482 stores
By City AM
WHSmith has confirmed that the sale of its 482 high street stores to private equity buyer Modella Capital has now been completed, as its high street division struggles
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Gear4Music buys £2.4m of stock and assets from collapsed rival Gak.co.uk
Retail & High Street
The Yorkshire musical instrument seller says it has no plans to use the Gak trading name
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Oldham: New £13m town centre 'forestry hub' will have a cafe and dining space
North West
The new visitor centre will be set in the middle of the Northern Roots project, which aims to transform 160 acres of green space into an urban farm and 'eco-park'
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Lakes Brew Co submits new plans for Ambleside tap room
North West
New application submitted to Lake District National Park Authority to convert the former Giggling Goose cafeÌ in Ambleside
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Mike Ashley's Frasers Group to launch Sports Direct in Australia and New Zealand
By City AM
Frasers Group, which has 500 stores in the º£½ÇÊÓÆµ and 170 in the EU, as well as 35 in Malaysia, has announced a 25-year partnership with wholesaler Accent Group
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Poor sales weigh on earnings for bargain retailer B&M
By City AM
The discount retailer said it expects to report earnings before interest, tax, depreciation and amortisation (EBITDA) above the midpoint of its guidance range
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Welsh Heather Honey gets protected geographical status
Wales
It has become the first honey in the º£½ÇÊÓÆµ to be granted PGI status
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Camerons Brewery plans pub expansion into key cities
Retail & High Street
The company behind popular pub chain Head of Steam has said it is looking to expand into the North and South West and London after a successful trading year
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Britain's longest train journey to be scrapped after more than a century
Transport
The CrossCountry service from Aberdeen in Scotland to Penzance in Cornwall has been running since 1921
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Shein gets green light from City watchdog to float on London Stock Exchange
By City AM
The fast-fashion retailer was reportedly poised to list in London for around $50bn last year, and last month the Chinese-founded business confirmed its plans to float
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Hotel chain Britannia – named worst by Which? for more than a decade – sees profits fall
Hotels
Britannia Hotels owns more than 60 sites across the º£½ÇÊÓÆµ including Liverpool Adelphi and Trecarn Hotel Torquay
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Hundreds of barbershops targeted by police in crime crackdown
Retail & Consumer
Vape shops and nail salons were also visited with a number of premises already shut down
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Welsh retailers report a big fall in shopping numbers
Retail & Consumer
Cardiff also saw a big fall in retail footfall in March on a year earlier shows new research from the Welsh Retail Consortium
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Bristol Hoteliers Association appoints new chair
Appointments
The non-profit organisation is dedicated to promoting the interests of hotels in and around the city
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Tesco, M&S and Sainsbury's shares drop amid FTSE 100 rally after 'trolley wars' warning
By City AM
Tesco, Marks and Spencer, and Sainsbury's were all among the top fallers on the FTSE 100 this morning as investors fled the grocery sector
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Chip shop apologises after having to put up price to £15 a portion
Retail & Consumer
Manager Brad-Lee Navruz said the price of fish has gone up 60% in the last three months
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º£½ÇÊÓÆµ economic growth forecasts slashed due to Donald Trump's tariffs
By City AM
The British economy is expected to grow at the sluggish pace of 0.8 per cent this year as Donald Trump's tariffs are expected to damage the global economy
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Virgin Atlantic Holidays soars as it reveals record profits - with sales up 10%
By City AM
The travel company, which was founded by Sir Richard Branson, has reported a pre-tax profit of £48m for 2024, up from the £25.4m it achieved in 2023, and the highest total since the £626.5m it posted in 2019
Bookmark
Greggs 'in rude health' as its targets 3,500 shops and new locations
Food and Drink
Greggs CFO Richard Hutton expects to see growth in the company's evening trading and its delivery servicies
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BRC chair warns of price rises and jobs threat if Trump's China tariffs stay
By City AM
Andrew Higginson, also chair of JD Sports, said 'it's unlikely' that º£½ÇÊÓÆµ shoe production will move to the US but that it 'depends on how high the tariffs are and for how long'
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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
M&S chief executive's pay swells to more than £7m before cyber attack
By City AM
Stuart Machin took home just over £7m for M&S's latest financial year, up from the £5m he received for the prior 12 months, the retailer's annual report has revealed
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
Yo! Sushi loses more than £20m as owner is bought in £500m deal
By City AM
Delayed accounts show the sushi chain reported a pre-tax loss of £22.6m in the year to March 31, 2024, after its turnover totalled £138.3m for the same period
By City AM
M&S chief executive's pay swells to more than £7m before cyber attack
Stuart Machin took home just over £7m for M&S's latest financial year, up from the £5m he received for the prior 12 months, the retailer's annual report has revealed
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
Yo! Sushi loses more than £20m as owner is bought in £500m deal
By City AM
Delayed accounts show the sushi chain reported a pre-tax loss of £22.6m in the year to March 31, 2024, after its turnover totalled £138.3m for the same period
Manchester Arndale: 50% stake goes on market
North West
'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.
Most Read
Most Recent
By City AM
Vodafone completes £15bn Three merger and vows to invest £11bn in º£½ÇÊÓÆµ networks
The newly-created VodafoneThree will become the º£½ÇÊÓÆµ's largest mobile operator and has promised to invest heavily in the country's digital infrastructure in the coming years
Plans to restart mining 'critical' metal in Devon unveiled
South West
The announcement comes after an uncertain few months for the Tungsten West project
FTSE 100 defence stocks: BAE Systems, Rolls-Royce and Babcock shares surge
By City AM
Shares in Babcock have jumped by more than seven per cent so far today to pass the 1,000p mark for the first time since the end of September 2016, while BAE Systems has seen a rise in its share price by almost two per cent
Major new link road is opened to 'unlock' regeneration site
property news
The Parkside Link Road is being tipped to have an 'absolutely tremendous' impact
Ad Feature
Alliance Manchester Business School is redefining the future of business
º£½ÇÊÓÆµ
’This isn’t just a celebration, it’s a reckoning with what business must become. We’re here to challenge assumptions, not commemorate them’
Enterprise
Business births in Wales exceed deaths show new ONS data
The percentage of single site firms in Wales reporting a rise in revenues was also the highest of any º£½ÇÊÓÆµ nation or region
FTSE 100 defence stocks: BAE Systems, Rolls-Royce and Babcock shares surge
By City AM
Shares in Babcock have jumped by more than seven per cent so far today to pass the 1,000p mark for the first time since the end of September 2016, while BAE Systems has seen a rise in its share price by almost two per cent
IG Group pioneers crypto trading for retail investors as º£½ÇÊÓÆµ's first listed company
By City AM
IG Group has become the first º£½ÇÊÓÆµ-listed company to launch crypto trading to retail investors, with the FTSE 250 firm debuting the feature amid a surge in policy pitches meant to woo digital currency investors.
M&S chief executive's pay swells to more than £7m before cyber attack
By City AM
Stuart Machin took home just over £7m for M&S's latest financial year, up from the £5m he received for the prior 12 months, the retailer's annual report has revealed
HSBC pumps $4bn into private credit funds as banking 'arms race' intensifies
By City AM
HSBC has pumped $4bn into its asset management arm to spearhead a private credit pivot that will see the bank build a $50bn credit platform in the next five years.