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
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Retailers face a challenging Boxing Day trading period as consumer spending is projected to reach £3.6 billion, representing a decline of approximately £1 billion compared to the previous year. The
WH Smith’s iconic high street presence, a staple of British towns for over two centuries, is nearing its end as the retailer prepares to sell its struggling high street business.
British high street fashion retailer Primark has reported a concerning 6% drop in UK sales during the crucial Christmas quarter, prompting a significant downward revision of its annual sales forecasts.
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
In a strategic move that signals mounting pressure on British high street retailers, Chinese e-commerce powerhouse Temu has initiated recruitment of UK-based suppliers for its flourishing shopping platform. The company’s
