Amazon delivered a robust third quarter, beating analyst expectations as its cloud computing division gave the company a significant boost. Despite waning strength in its retail operations amid growing uncertainty
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Sosandar, the fashion retailer catering to style-conscious women, has announced a significant reduction in its profit forecast due to the ongoing fallout of the cyberattack on Marks and Spencer, which
Listed retailer THG has firmly rejected a significant takeover offer for its MyProtein brand, valuing the nutrition business between £400 million and £600 million. The bid, originating from former board
The British division of global coffee giant Starbucks has reported paying no corporation tax for the fiscal year 2024, despite generating sales of £525.6 million. The company’s UK retail operations
In a significant move that has sent ripples through the corporate world, Starbucks has revealed plans to lay off 1,100 corporate employees whilst closing hundreds of vacant positions. This restructuring
The cosmetics retailer Revolution Beauty has issued a stark warning to investors, projecting a 25 per cent decline in sales for the 2025 financial year. The announcement triggered an immediate
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
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 UK pharmacy sector witnessed a significant wave of consolidation as nearly one in ten pharmacies were acquired through mergers and acquisitions in the 12 months to June 2024, amid
Burberry’s newly appointed chief executive, Joshua Schulman, has acknowledged that the luxury brand’s recent struggles were largely self-inflicted as he unveiled an ambitious turnaround strategy to revitalise the loss-making British
In a decisive move to counter declining customer traffic, Starbucks’ newly appointed CEO Brian Niccol has revealed a comprehensive strategy focusing on traditional coffee house values and simplified operations. The
