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Retail & Consumer

New hope for Liverpool's landmark George Henry Lee building as owner vows to safeguard 'strategic asset'
North West
Historic department store site has been empty since 2017 and planning permission for a hotel development was granted in 2023
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Asos shares surge by more than 20 per cent after positive trading update
By City AM
Asos shares have been on the decline since the pandemic, losing 94 per cent of their value between July 2021 and March 2025 - but the company's latest trading update has sparked a rally
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Wetherspoons' dividend hike despite profits fall as pub giant warns on costs
By City AM
The pub group reported a dip in profits in its half-year results despite an uplift in sales
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Healthy ready meal business Field Doctor wins ‘significant seven-figure’ investment to grow into new markets
South West
Bath business wins backing of British Business Bank and Samworth Brothers' investment arm
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Stonehenge: Major expansion at site as 'Neolithic classroom' and learning centre approved
Retail & Consumer
Wiltshire Council has approved a planning application by English Heritage for new education facilities at iconic site
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Steven Bartlett's debut Dragons' Den investment, saved by Albex Group after administration
By City AM
Cheesegeek, the artisan cheese retailer that Steven Bartlett invested in during his first series on Dragons' Den, has been rescued after collapsing into administration
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Rochdale-based Footasylum sees profits soar as sales hit £349m
By City AM
The Rochdale-headquartered retailer, which is backed by German asset management firm Aurelius Group, has reported a pre-tax profit of £17.2m for its year to 25 January, 2025
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Jolly's new owners promise store will be restored to 'former glory' – but roof repairs will take time
South West
Council will carry out multi-million pound repairs to the Bath store's roof
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How Fenwick has shown its staying power amid the decline of department stores
Retail
The historic North East name has been in the news this week for cost cutting work, but its resilience in a difficult market may have been underestimated
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JD Sports announce new partnership with UFC ahead of London Fight Night
By City AM
JD Sports has announced a partnership with UFC ahead of this weekend's Fight Night event in London, despite the British retailer issuing a profit warning in January
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Fenwick says it has 'no plans for store closures' as it calls in restructuring experts
Retail & High Street
The department store chain has appointed restructuring experts to help it cut costs as it looks to revive its fortunes after years of losses
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Historic department store Jolly's in Bath to reopen
Retail & High Street
The shop recently closed its doors after more than 200 years - but is now being brought back to life
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Shoe retailer Office doubles profit to over £100m as it creates hundreds of jobs
By City AM
The group behind shoe retailer Office has seen its profit more than double to over £100m as it continued to open new stores and created hundreds of jobs
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Asos shares plunge as investors 'lose confidence' in retailer's turnaround plan
By City AM
Asos shares have plummeted more than 50 per cent since the start of the year as investors have lost faith in the firm's turnaround plan
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Bristol Clean Air Zone 'final blow' for historic family-run store
Facebook
The family-run army surplus shop has been a go-to place for climbers and skiers in the city for decades
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Former Signature Living gym once used by Hollywood star could become baking venue
North West
The Signature Fit Club gym under 60 Old Hall Street was the only part of the wider development that opened before Signature Living went into administration
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Goldie Lookin' Chain rapper launches new record shop venture
Retail & Consumer
Graham has opened a record shop with friend Gary Raymond with a loan from the Development Bank of Wales
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Gong Cha: Bubble tea brand to open 225 new º£½ÇÊÓƵ stores in nationwide expansion
By City AM
Gong Cha, which was founded in Taiwan in 2006, said the deal forms part of its wider strategy to reach 10,000 locations across the world by 2032
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Takeaway owner says next month will be 'Armageddon' as NI and rates increase
West Midlands
The rate of national insurance contributions will rise from 13.8% to 15% on April 1
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Shein confirms plans for huge stock market float - and could pick London
By City AM
Fast fashion giant Shein has confirmed plans for a stock market listing - and has not ruled out a float in London, in a major boost for the City and the º£½ÇÊÓƵ
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Yeo Valley snaps up gourmet yoghurt maker The Collective
Deals
The dairy brand will become part of the Somerset-based company
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Mike Ashley-backed Hornby to go private as it ditches stock market listing
By City AM
The firm told markets Thursday it intends to strike its shares off London's AIM stock exchange, citing regulatory burdens, limited liquidity and the high cost of maintaining a public quotation.
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Five years on from lockdown – have your say on how it changed your life and your business
Coronavirus
Tells us how Government restrictions changed your business
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John Lewis scraps staff bonus for third year in a row despite tripling profit
By City AM
The John Lewis Partnership said profit before tax increased from £42m to £126m over the 52 weeks to 25 January, but the bonus has been axed for the third consecutive year
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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
North WestGovernment pledges billions to North West transport – with Stockport trams and new Everton and Anfield stadium links£15.6 billion transport package for mayoral authorities being announced today by Rachel Reeves
Midlands gets £2.4bn transport boost with backing for tram line to new Birmingham City stadium
West Midlands
Tram would link city centre, Sports Quarter, NEC and HS2 interchange
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
Lumo to add new trains from London to North West and Scotland
Transport
The open access operator will provide services between London, Milton Keynes, Preston, Carlisle and Stirling
Unforgettable corporate experiences await at The Jockey Club Venues
Grand National
With 15 venues across the º£½ÇÊÓƵ offering a vast array of indoor and outdoor spaces, you can host a business event with confidence
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