Asda is encountering significant hurdles as it attempts to revitalise its brand under the leadership of Allan Leighton. Upon his return in 2024, he aimed to replicate the previous success
Retail7- Page
649Articles
Costa Coffee has reported operating losses exceeding £13.5 million for 2024, representing more than a doubling from the £5.8 million losses recorded in the previous year. The deterioration in financial
Carlsberg has reported annual profits above expectations, driven by its strategic acquisition of Britvic and its range of alcohol-free brands. This reflects a growing trend among consumers, particularly younger generations,
Britons have begun the year 2026 by shifting their purchasing habits towards healthier food options, with increased sales of fresh fruit and yoghurt as they aim to meet New Year
Asda and Morrisons, two of Britain’s largest supermarket chains, are finding it increasingly difficult to regain momentum in a fiercely competitive grocery market, following their acquisition by private equity firms
Tony’s Chocolonely has reported a significant turnaround in its financial performance, with a swing to profitability amid a turbulent market for chocolate manufacturers. The Dutch chocolate maker achieved earnings before
Marks and Spencer is currently facing increased pressure following a major cyberattack that significantly affected its operations last year. In the aftermath, a wave of advertisements has emerged, encouraging customers
The American packaging group International Paper, which acquired London-listed DS Smith in a significant $7.2 billion deal, is now contemplating a spin-off of its European, Middle East, and Africa division.
Sales at LVMH, the luxury conglomerate behind brands such as Louis Vuitton and Dior, exceeded expectations in the final quarter of 2025. The company reported revenues of €22.7 billion, reflecting
The owners of the fast fashion chain Quiz are currently seeking a rescue financing package following disappointing sales during the Christmas period. The company is exploring options to secure its
Rami Baitiéh delivered an optimistic update regarding Morrisons’ Christmas sales performance, signalling a level of resilience amid ongoing industry challenges. This report comes at a time when the retail sector
B M European Value Retail has downgraded its profit outlook for the third time within its current financial year. This adjustment follows a disappointing Christmas trading period in the United
Currys has raised its profit guidance following robust sales in the Nordic region and the UK during the crucial “golden quarter.” The electricals chain reported that standout sales of iPhones,
The iconic British footwear brand Russell and Bromley has been sold to Next in a pre-pack administration deal aimed at rescuing the firm from insolvency. The deal, which allows Next
Morrisons has announced a substantial loss of £381 million for the previous year, largely attributed to escalating borrowing costs and a decline in consumer spending. This announcement marks a challenging
A government-backed campaign aimed at invigorating retail investment in corporate bonds is set to be launched by the London Stock Exchange. This initiative presents the introduction of a kitemark for