10 recent articles.
In The Style has swung to a full year pre-tax profit of £125,000 in its first results as public company. This compares to a loss of £2.16 million in the previous year. In the 12 months to 31 March, revenue increased by 132% to £44.7 million, which included a 108% uplift in...
Central England Co-op is to expand its trial of in-store refill stations to include body care and home cleaning products. Currently, customers are able to use the facility at its Lichfield store to buy food such as oats, porridge, rice and dried fruit as part of the Co-op’s long-term efforts to...
Music Magpie saw its revenue edge up 2.3% to £72.8 million in the first half of its financial year after sales climbed by 6.6% in the UK. In the six months to 31 May, adjusted EBITDA rose by 13.5% to £6.2 million. During the period, Music Magpie floated on the AIM market...
Neom Organics has launched a European ecommerce site to add to its platforms in the UK and US. To be available in all EU countries from July, the site forms part of Neom’s long-term international growth strategy through its digital-first omnichannel model. Customers will be able to shop from a selected range...
Footfall across UK retail destinations increased by 3.3% last week from the prior seven day period after rising by 16.5% on “Freedom Day” when coronavirus restrictions were lifted. However, the uplift averaged a more modest 1.7% from Tuesday onwards when the week’s heatwave intensified. Across the week, footfall in high streets edged...
Moonpig has posted a doubling of full year revenue and adjusted EBITDA in its maiden results as a company listed on the London Stock Exchange. In the year to 30 April, revenue climbed by 113% to £368.2 million after the company benefited from a successful customer acquisition strategy and higher purchase...
Fashion retailer Ted Baker has secured a new site for its global headquarters in the heart of London’s Fitzrovia. To be known as the Gorgeous Brown Building, the 30,000 square foot space will aim to offer a flexible workplace configured for collaboration. Having taken a 10 year lease with the landlord Westminster...
Waitrose and Shell have announced plans to grow their partnership by installing hundreds of electric vehicle charging points in the supermarket’s car parks. They are also planning to double the number of Shell forecourt shops where Waitrose food is available. The two companies are aiming to have 800 Shell Recharge electric vehicle...
New figures have shown that consumer confidence has increased in July as people remain optimistic about their personal finances in the year ahead and also feel more confident about making major purchases. GfK’s long-running Consumer Confidence Index has risen by two points to -7 this month. The index measuring the forecast for...
JD Sports has announced a multi-million investment in the Gym King athleisure and performance wear brand. The sportswear retailer has taken a significant minority stake in the business and will look to fast track growth and international expansion, specifically in the US, Europe and Asia where it already has a strong...
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