Retail

Shoe Zone Adjusts Strategy as Digital Sales Grow and Store Footprint...

Highlights,Revenue Shift:,Total revenue at £161.3m, with digital sales rising to £35.2m (+14%).,Store Optimization:,Transitioned to 185 new-format sto...

DFS Furniture Expects Improvement in Profitability in First-Half

Highlights,Profit Growth:,First-half profit before tax (PBT) expected to reach £16-17m, marking a year-on-year increase of £7-8m.,Order Intake Surge:,...

Dunelm Reports Sales Growth and Strategic Advancements in H1 FY25

Highlights,Strong Sales Performance:,Dunelm achieves 2.4% sales growth to £894 million in H1 FY25, with a 1.6% increase in Q2 amidst a challenging mar...

Currys Upgrades Profit Outlook for FY25, Shares React

Highlights,Sales Growth,: Currys saw a 2% increase in peak like-for-like revenue in the UK & Ireland, driven by strong performance in mobile, gaming,...

Greggs Reports Record £2 Billion Sales in FY24 Despite High Street C...

Highlights:,Greggs achieved record total sales of £2.01 billion in FY24, up 11.3% year-on-year.,A net increase of 145 shops brought the total to 2,618...

B&M Reports Q3 FY25 Financial Results with Growth Across UK and Fran...

Highlights:,Revenue Growth:,Group Q3 revenue rose by 2.8% year-on-year, with positive LFL growth in December and strong momentum continuing into Janua...

Challenger Energy Group Sees Positive Growth and Strong Financials

Headlines,Challenger Energy Group shows positive performance.,Key financial metrics and ratios discussed.,The future outlook and developments for the...

Kingfisher Announces Appointment of Ian McLeod as Non-Executive Dire...

Highlights,Ian McLeod Joins the Board:,Accomplished retail executive with over 40 years of global experience, Ian McLeod, will join Kingfisher’s Board...

Rising Costs and Closures Accelerate Pub Decline Across England and...

Highlights,412 pubs lost in 2024:,The highest number since the Covid-hit years, marking a sharp increase in closures.,Rising costs burden pub owners:,...

ECB Official Highlights Risks of US-China Trade War on European Econ...

Highlights,Deflation Risk in Europe:,A US-China trade war could lead to a flood of cheap Chinese goods in Europe, potentially triggering deflation.,St...

Momentum vs. Recovery: The Battle of British Brands IAG and Diageo H...

Highlights,IAG soars on transatlantic demand:,British Airways’ parent company enjoys momentum from robust pricing and operational improvements.,Diageo...

Gelion PLC Highlights Progress in Battery Technology Development and...

Highlights,Technological Advances in Lithium-Sulfur Batteries:,Achieved 402 Wh/kg energy density with GEN 3 Li-S technology, making it 60% lighter tha...

UK Retailers Face Critical Financial Distress as Sector Challenges M...

Highlights,Retailers in critical distress surge:,Over 2,100 UK retailers classified as in critical financial distress, a 25% rise in three months.,Gen...

Electric Guitar PLC Transitions to AIM Cash Shell Following Subsidia...

Highlights:,3radical Limited Liquidation Finalized:,Subsidiary liquidation marks the cessation of trading activities for Electric Guitar PLC.,Transiti...

Second-Hand Shopping Surges: Vinted Reports Pre-Owned Goods Sales to...

Highlights:,£2 Billion in Sales:,Second-hand goods sales are projected to exceed £2 billion in the run-up to Christmas, reflecting a growing trend in...

Cadbury Loses Royal Warrant After 169 Years as King Charles Updates...

Highlights:,Cadbury Loses Historic Royal Warrant:,Cadbury, a royal staple since 1854, is among 100 brands losing their warrants under King Charles III...

Boohoo Group Completes £49.5m Sale of London Office to Strengthen Ba...

Highlights,Sale Completed:,Boohoo sells its London office on Great Pulteney Street for £49.5 million.,Debt Reduction:,Proceeds will be used to fully r...

Nestlé Expands Offerings with Protein Products Targeted at Weight-Lo...

Highlights:,New Product Launch:,Nestlé unveils Boost Pre-meal, a protein shot designed to support users of weight-loss medications.,Focus on GLP-1 Mar...

JD Wetherspoon Chief Criticizes Guinness Maker Diageo Amid Supply Sh...

Highlights:,Guinness supply shortage has led to rationing in pubs across the UK, affecting consumer access to the iconic stout.,JD Wetherspoon’s chair...

Marston’s Pub Group Increases Pint Prices to Offset National Insuran...

Highlights:,Price Hike for Pints:,Marston’s introduces a 10p increase per pint to offset higher national insurance costs.,Rising Business Pressures:,T...