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Retail & Consumer
Sandwich Sandwich eyes further London openings - but boss says 'Bristol is soul of business'
Food and Drink
The award-winning rival to Pret has attracted attention from celebrities including Gordon Ramsey and Jamie Oliver
Bookmark
British Retail Consortium reports continued drop in retail footfall amid holiday spending surge
By City AM
The British Retail Consortium found that the number of shoppers on the º£½ÇÊÓÆµ's high streets fell by 3.3 per cent in July, the twelfth consecutive month of decline
Bookmark
Conwy Civic Hall aparthotel and footfall plans approved
property news
Councillors say venue will encourage more people into town
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IAG: British Airways owner to restart dividend payments for first time since Covid
By City AM
The London-listed group has proposed an interim dividend of 3 per share. Shares were up over four per cent in Friday morning trading.
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Bristol Temple Meads station sees retail sales soar
Network Rail
The city's oldest station has a small number of shops and food and drink outlets
Bookmark
Harland & Wolff scraps Scilly Ferries service before maiden crossing
Transport
The stricken shipbuilding firm made the announcement as it agreed a $25m loan to support the 'stabilisation' of the business
Bookmark
Center Parcs profit hit as Brits have 'less disposable income'
By City AM
Center Parcs has seen a sharp fall in its pre-tax profit as "lower levels of disposable income" eroded consumer spending, according to newly-filed documents
Bookmark
New CEO appointed at Fenwick department store chain
Appointments
Nigel Blow will move into the top job at the Newcastle luxury retailer this October
Bookmark
Pets at Home revenue rises as consumers spend more after tough year
By City AM
The group's financial results for the full year 2023/2024 revealed a 13.7 per cent decline in profit before tax to £105.7m, with the group blaming its office consolidation for the dip
Bookmark
Resale giant Vinted in talks for share sale that could push company value to £3.8bn
By City AM
The European second-hand clothing marketplace has reportedly contacted investors about a share sale, which could value the company at nearly £4bn
Bookmark
Wickes sees decline in big-ticket sales but gains in DIY market amid cautious British spending habits
By City AM
The home improvement retailer reported that overall group sales had fallen by 3.4 per cent in the 26 weeks to June 29.
Bookmark
Just Eat revenue drops as Brits splash out on takeaways while US and Europe struggle
By City AM
The company said the increase in total revenue was due to a reduced delivery cost per order, boosted by a move to transfer all º£½ÇÊÓÆµ logistics orders to its own delivery platform in July
Bookmark
‘Incredible new chapter’ for food group Princes as £700m Italian takeover by Newlat completes
Food and Drink
Merged food giant will be known as 'New Princes Group'
Bookmark
Car dealer reports rise in profit after selling º£½ÇÊÓÆµ retail arm for £346m
By City AM
On an adjusted basis, both operating profit and pre-tax rose seven per cent in constant currency to £226m and £299m, respectively.
Bookmark
Irn-Bru maker says iconic Scottish drink growing in popularity in England as it completes site closure programme
Food and Drink
AG Barr closed sites in the North West, London and West Midlands in restructure
Bookmark
Selfridges CEO Andrew Keith steps down amid challenging times for iconic London store
By City AM
Andrew Keith has been at the helm of the luxury retailer since 2020 but will leave in the autumn to pursue new ventures
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Wetherspoons boss Tim Martin nets nearly £10m by selling shares
Retail & High Street
The outspoken entrepreneur has reduced his stake in the pub chain
Bookmark
Greggs shops continue to proliferate as sales and profits rise
Company Results
The North East brand is aiming to open between 240-260 new shops this year
Bookmark
Supermarket loyalty pricing 'unlikely' to mislead shoppers, watchdog says
By City AM
A review by Britain's competition watchdog into loyalty pricing in the groceries sector has revealed a lack of evidence to suggest promotions are unfair
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Qatar Airways to sponsor British and Irish Lions Tour to Australia in 2025
By City AM
The British and Irish Lions have announced that Qatar Airways will be the title partner for their series against Australia in 2025.
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New twist in Tesco and Sainsbury's meal deals: Ice creams added to the lunchtime lineup
By City AM
Both Tesco and Sainsbury's have added a new item to their popular meal deals, but it seems that not many people have caught on to it yet
Bookmark
Kering, Moncler, Hermes and LVMH deliver mixed luxury goods results
By City AM
Kering has reported a 50 per cent drop in net profit for the first six months of 2024, while Moncler Group and Hermes both posted robust results, and LVMH reported middling results
Bookmark
Virgin Wines swings to profit with £1.95m, buoyed by subscription growth amidst tough market
By City AM
The London-listed company reported a pre-tax profit of £1.95m in the 12 months ending June 30, 2024, up from a loss of £430,000 in the year before.
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Unilever shares surge to top of FTSE 100 despite sales missing target
By City AM
The Dove and Marmite-maker said it grew revenues by 3.9 per cent in the quarter, below the 4.2 per cent that analysts had been expecting as a turnaround plan from chief Hein Schumacher failed to convince customers.
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