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Retail & Consumer

Thatchers Cider secures future of West Country supply with huge new orchard
Food and Drink
Workers at the cider company have been preparing the ground for around three years after the firm bought around 10 acres of farmland near its base in Somerset
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Pets at Home says profit fell in line with expectations and warns of struggles ahead
By City AM
The pet supplies retailer said profit before tax for the year was expected to be £133 million, in line with previous guidance, and that trading in the final quarter of the year had developed broadly as expected
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Historic Cornwall pub seeks to extend opening hours despite council concerns
Politics
The Craft Union Pub Company has asked the local authority for a variation of the premises licence for The Grapes
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Primark boss steps down after 'behaviour towards woman'
Retail & Consumer
Primark's parent firm says it is 'immensely disapointed'
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'How I launched a luxury British fashion brand': Jenine Baptiste on the power of creative freedom
Fashion
Jenine Baptiste has worked for brands such as Victoria Beckham, Erdem, Doi Tung, and trained in Savile Row tailoring under Maurice Sedwell and Chittleborough & Morgan
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The history of WH Smith as brand bids farewell to º£½ÇÊÓƵ high street
Retail & High Street
The retailer was established in London in 1792 as a news vendor
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Popular Japanese restaurant in Bristol to reopen
Restaurants
It was previously based in the Galleries shopping centre in Broadmead
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Penzance locals challenge Churchill Living's plan for over-60s complex on former Lidl site
property news
The developer is preparing a planning application for a new independent later living scheme of 61 homes
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New name for WH Smith shops revealed as High Street chain sold
Retail & Consumer
The company has been sold to the owners of Hobbycraft
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Luscombe unveils rebrand to mark 50 years in business
Food and Drink
The company has evolved from a small family cider producer into one of the º£½ÇÊÓƵ’s most respected soft drinks firms
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Retail sales fall as 'trade tensions' and 'autumn budget' hit high street
By City AM
The fall in retail sales is expected to continue, as businesses and consumers are hit by a lack of confidence
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Morrisons sales jump days after announcing 365 staff face redundancy
Retail & High Street
The supermarket giant said it had made £56 million in savings during the period and increased its long-term savings goal from £700 million to £1 billion
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Evoke shares plummet as William Hill owner's losses triple on restructuring costs
By City AM
Evoke shares hit a one month low as the William Hill owner said a £191.4m loss for 2024 was almost three times bigger than the deficit reported for 2023, as restructuring costs hit the business
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Hays Travel smashes £3bn landmark and rewards staff with bonuses
Retail & High Street
The Sunderland travel agency has reached the huge landmark a month ahead of its financial year end, leading to a bonus for its staff
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Julian Charles rescued from brink of collapse after 'suffering economic headwinds'
By City AM
The luxury bedding and homewares retailer has been sold after it entered administration due to a 'devastating combination of rising costs and declining consumer confidence'
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Virgin Wines reports profit boost and eyes up £100m revenue by 2029
By City AM
Virgin Wines shares were up 2.7 per cent in early trading as the company announced a five-year growth plan and share buyback programme.
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B&Q owner Kingfisher faces sales dip amid tough French consumer market but remains optimistic
By City AM
The owner of B&Q and Screwfix has reported a 1.5 per cent drop in sales to £12.78bn for the year ending January 31, with the weak consumer market in France to blame
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AO World profits rise twice as fast as sales after 'obsession' with customer service
By City AM
AO World has told markets that it expects retail revenue to increase by around 12 per cent in the 12 months to March 31, and that it is "back to being a highly efficient growth machine"
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WHSmith completes major finance deal as it prepares to sell off high street stores
Retail & High Street
The historic Swindon-headquartered retailer has secured funds through US investors and a bank loan
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B&Q owner sees profits plummet and warns over rising costs
Retail & High Street
It comes as retailers warn over the future of jobs in the industry amid mounting financial pressures
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Morrisons to close 52 cafes and axe 365 jobs in huge shake-up
By City AM
The supermarket has said it will close 52 of its cafes, 17 convenience stores and dozens of meat and fish counters at its shops, putting 365 jobs at risk
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JD Sports faces share price downgrade amid Nike stock challenges
By City AM
London broker Peel Hunt has downgraded its forecast for JD Sports ahead of the company's full-year results next month due to short-term industry issues
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Torquay big wheel puts council in a spin over its future
Leisure & Touism
The 45-metre observation wheel has been a feature on the seafront for more than a decade
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Ryan Giggs' restaurant closed owing nearly half a million pounds
By City AM
George's Dining Room and Bar in Worsley, Manchester, closed in February and the business behind it was placed into voluntary liquidation
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Retail & High Street'Real scale and a clear purpose': New B&M CEO Tjeerd Jegen has big ambitions for the discount retail giantIncoming boss has been leader at companies from Woolworths Australia to e-bike giant Accell Group
By City AMBiscuit giant that makes Jammie Dodgers and Party Rings cuts losses and creates jobsBurton's Biscuit Company and Fox's Biscuits combined in 2022 to form a new company
Interflora º£½ÇÊÓƵ swings to profit in 2024 despite turnover dip, reveals new strategy
By City AM
The Lincolnshire-headquartered company has posted a pre-tax profit of £1.9m for 2024, according to new accounts filed with Companies House
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
West MidlandsMidlands gets £2.4bn transport boost with backing for tram line to new Birmingham City stadiumTram would link city centre, Sports Quarter, NEC and HS2 interchange
The city that says yes: Why AI firm is investing in Manchester and why more Irish firms may follow
North West
Galvia AI is opening an office and a tech accelerator programme in Manchester
Government pledges billions to North West transport – with Stockport trams and new Everton and Anfield stadium links
North West
£15.6 billion transport package for mayoral authorities being announced today by Rachel Reeves
Jolly's department store manager appointed chair of Bath business improvement district
Appointments
Jess Merritt-Johns is the operations lead and general manager of the historic department store on Milsom Street
Tyneside cyber security specialist Melius CyberSafe secures £250k investment
Technology
The firm is said to be on course to reach £1m annual recurring revenue in the year ahead