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Electrical
Music Magpie FY23 losses widen
Music Magpie has revealed that pre-tax losses have widened to £6.8m during the year ended 30 November 2023 from £1.5m…
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Economy
Retail sees 14 closures a day as 5,000 stores vanish in 2023
High-profile retail restructuring and administrations have resulted in a net of 14 store closures a day during 2023, according to…
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High Street
Local business partnership forms in Dorset to quash retail crime
Local businesses in Dorset have united with police and the Bournemouth, Christchurch and Poole Council to tackle antisocial behaviour and…
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People Moves
Matches CEO and CFO depart amid administration
Matches CEO Nick Beighton and CFO Dave Murray have departed the retailer after its collapse into administration last week, Drapers…
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Supermarkets
Aldi raises hourly pay for second time this year
Aldi has raised its pay for store colleagues for the second time this year to the new national minimum rate…
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High Street
Ann Summers profits hit £61.8m in FY23
Ann Summers has reported that gross profits for the 53-week period to 1 July 2023 hit £61.8m, spelling a 3%…
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Clothing & Shoes
Charles Clinkard sales rise 7% in 2023
Footwear retailer Charles Clinkard has announced that overall sales rose by 7% in 2023 compared with the previous year. This…
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Clothing & Shoes
Golden Goose revenues rise 18% in FY23
Italian shoe brand Golden Goose has experienced an 18% rise in net revenues to €587m (£500m) for the year ended…
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High Street
Majestic opens latest small-format store in Marlow
Majestic has opened the doors to its newest small-format store in Marlow ahead of the four-day Easter weekend. The 2,200…
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Clothing & Shoes
Foot Locker net losses widen to £300m in Q4
Foot Locker has reported a net loss of $389m (£304.8m) for the fourth quarter ended 3 February 2024, one year…
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