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Analysis
Greggs’ recipe for success
By May 2023, Greggs’ sales had shot up by nearly a fifth compared with the same time in 2022, as…
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Electrical
Marks Electrical revenues surge 31% in Q1
Online electrical retailer, Marks Electrical Group, revealed that revenue grew by 30.7% to £36.2m during the first quarter of FY24. …
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Sport & Leisure
Under Armour revenues dip 2% in Q1
Under Armour revenues were down 2% to $1.3bn (£1.02bn) for the first quarter of FY24, despite the sportswear brand’s international…
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High Street
Gordon Brothers mulls potential Wilko rescue deal
The investment company, Gordon Brothers, which has backed high street retailer Laura Ashley, is in talks with Wilko’s advisers at…
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Shopping Centres
Retail sales slow in July amid heavy rain
The UK’s total retail sales increased by 1.5% in the four weeks to 29 July, against the 2.3% growth experienced…
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Supermarkets
Morrisons trials support for British farmers in £2m investment
Morrisons has launched a new year-long trial to support farmers by underwriting 100% of the costs associated with growing crops…
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High Street
Wilko in need of over £70m in potential rescue deal
The prospective buyers of Wilko, the discount home goods retailer that is facing permanent closure, will have to invest upwards…
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Clothing & Shoes
Pentland Brands to axe almost 100 roles
Pentland Brands has announced that it will cut almost 100 jobs at JD Sports, The Times has reported. This comes…
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Luxury Goods
Mulberry revenues up 4% in FY23 despite UK sales drop
The luxury handbag brand, Mulberry, has revealed that revenues increased 4% to £159.1m for the year ended 1 April, an…
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High Street
Wilko set to appoint administrators
Budget household and garden retailer Wilko has announced that it has filed a notice of intention to appoint administrators. The…
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