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Retail
Adidas Share Price Soars as Classic Trainers Drive Festive Sales Growth
German sportswear giant Adidas has reported exceptional fourth-quarter profits, driving shares up by 7 per cent following strong festive period sales. The company's remarkable turnaround, particularly in its classic trainer lines, has…
UK Shopping Centre Investment Hits Record £2 Billion Pounds as Retail Confidence Surges
British shopping centre investments have reached their highest level since 2016, with transactions totalling £2.07 billion last year, signalling a remarkable revival in retail property confidence. The surge reflects growing optimism among…
How Home Bargains Founder Tom Morris Built His £7 Billion Pound Empire In Britains Discount Retail…
In a remarkable display of retail excellence, Home Bargains has shattered expectations by breaking through the £4 billion sales barrier, with pre-tax profits surging 35 per cent to £454.8 million last year. The architect of this success,…
Starbucks Reverses Free Access Policy and Announces Menu Simplification Programme
In a significant shift of corporate strategy, Starbucks has announced the reversal of its 2018 open-access policy in North America, now requiring visitors to make a purchase to utilise their facilities. The global coffee giant's new code of…
Games Workshop Reports 33% Percent Profit Surge Despite US Tariff Concerns
Games Workshop, the renowned manufacturer of Warhammer miniatures, has delivered impressive financial results with a 33 per cent increase in half-year profits, driven by the continued expansion of its fantasy figurine empire.
The…
JD Sports Shares Plummet as Retailer Slashes Profit Forecast Amid Market Volatility
Britain's largest sportswear retailer, JD Sports Fashion, has witnessed its shares tumble to a five-year low after reducing its annual profit forecast amid challenging market conditions. The company now projects profits between £915 million…
Ocado Retail Celebrates Record Christmas Sales as MS Partnership Flourishes
British online grocer Ocado Retail has reported a remarkable 17.5% surge in retail revenue to £715.8 million for the 13 weeks leading to December 1, marking a significant milestone in its recovery journey. The joint venture between Ocado…
Fortnum and Mason Records Stellar Christmas Trading Despite Economic Headwinds
Luxury British retailer Fortnum & Mason has delivered impressive financial results, paying £2.6 million in dividends to its billionaire owners, the Weston family, following substantial profit and sales growth in the previous fiscal…
Amazon Orders More Than 150 Electric Heavy Goods Vehicles To Create UKs Largest Zero Emission Fleet
In a significant move towards sustainable logistics, Amazon has placed orders for over 150 electric heavy goods vehicles, positioning itself to operate Britain's largest zero-emission truck fleet. The online retail giant's substantial…
London West End Retailers Face Critical Business Rates Challenge As £445 Million Pound Increase…
Prominent retailers in London's prestigious West End have issued a stark warning to the government regarding impending business rates reforms, projecting a staggering £44.5 million annual increase in property bills that could trigger…
Sparkling Tea Sales Surge as British Consumers Favour Premium Non Alcoholic Beverages
The British tea market is witnessing a remarkable transformation as premium sparkling tea emerges as a sought-after alternative to traditional alcoholic beverages. Sales figures from the festive period indicate a significant shift in…
Sainsburys Chief Sounds Warning on Employment as Christmas Sales Soar
Sainsbury's CEO Simon Roberts has issued a cautious stance on future recruitment amid mounting wage pressures, despite the supermarket giant celebrating its most successful Christmas trading period to date.
The UK's second-largest…
Boots Records Blockbuster Sales Growth as Parent Company Shares Soar
The high street pharmacy giant Boots has reported exceptional sales growth, propelled by a surge in Black Friday online shopping, whilst its American parent company's shares climbed by nearly 20 per cent. The retailer, owned by Walgreens…
Tesco Christmas Sales Growth Dampened by Labour Budget Tax Rise Concerns
Britain's largest supermarket chain faces mounting pressures from wage increases and rising costs, casting a shadow over its record-breaking Christmas trading period and highest market share since 2016.
Tesco's Chief Executive Ken Murphy…
Marks and Spencer Pledges to Shield Shoppers from Rising Costs Despite Economic Headwinds
The retail giant Marks & Spencer has made a bold commitment to minimise cost increases for consumers amid mounting economic pressures and post-budget challenges. Chief Executive Stuart Machin emphasised the company's determination to…
UK High Street Retailers Lose £2 Billion Pounds Amid Economic Concerns and Rising Costs
Major British retailers saw more than £2 billion wiped from their market value as mounting cost pressures and economic uncertainties cast a shadow over the retail sector. Despite strong festive sales performances, retail giants Tesco and…
UK Gaming Market Sees Sharp Decline in Physical Sales as Digital Revenue Flattens
The British video game market has experienced a notable 4.4% contraction, marking a significant shift in consumer behaviour, with boxed video game sales plummeting by 35%. The Entertainment and Retail Association's latest data values the UK…
Hornby Celebrates Christmas Success as Traditional Toy Market Shows Resilience
Hornby, the renowned model railway manufacturer, has reported a remarkable 23 per cent increase in December sales year-on-year, demonstrating the enduring appeal of traditional toys in today's digital age. The Margate-based company's…