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DIY
The Floor Room falls into administration, 201 jobs lost
The Floor Room, a sister company of Carpetright, has fallen into administration, causing a total of 201 redundancies across its…
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Sport & Leisure
Mountain Warehouse FY sales hit ‘record’ £386m amid new openings
Mountain Warehouse has revealed that store sales rose 7.1% to a “record” £386m in the year to 25 February, owing…
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Online & Digital
Asos secures three-year Microsoft deal to expand AI use
Online fashion retailer Asos has signed a new three-year agreement with Microsoft in a bid to enhance its operations, efficiency…
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Sport & Leisure
Castore secures 10-year lease at Derbion
Sportswear brand Castore has signed a 10-year lease for a 1,771 sq ft unit at Derbion on the second level…
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Health & Beauty
Holland and Barrett adopts latest crime prevention tech
Holland and Barrett has made further investments in loss and theft prevention by adopting Auror’s latest crime prevention technology across…
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Supply Chain
Bangladesh protests to delay clothing manufacturing
Political unrest in Bangladesh is expected to delay clothing manufacturing for fashion retailers such as H&M and Zara in the…
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Online & Digital
Apple revenues rise 5% to ‘record’ $85.8bn in Q3
Apple has reported that revenues rose by 5% year-over-year to a “record” $85.8bn (£67.3bn) in the third quarter ended 29…
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Supermarkets
Asda co-owner to invest £30m amid weakening market share
Asda co-owner Mohsin Issa will reportedly invest £30m into the supermarket chain in a bid to mitigate its loss of…
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Online & Digital
Vinted targets $5bn valuation with latest share sale
Online marketplace for second hand goods, Vinted, has reportedly launched a share sale that could value the business at as…
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Supermarkets
Ocado to extend debt maturity by raising £600m in bonds
Ocado has extended the maturity of its debt by raising £600m in bonds which are due for repayment in 2029,…
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