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Department Stores
M&S sees PBT soar to £672.5m
M&S has revealed that its profit-before-tax rose to £672.5m, up from £475.7m, for the year ended 30 March 2024. Alongside…
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News
Today’s news in brief-21/5/24
Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths…
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Property
Zuber Issa set to acquire EG Group UK arm
Zuber Issa is set to acquire the UK arm of EG Group showing further signs of the Issa brothers business…
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News
Today’s news in brief-20/5/24
Asda reported a robust financial performance for Q1 2024, with a 6.6% increase in total revenues (excluding fuel) to £5.3bn…
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Features
How to revive a struggling business
In recent months and years the retail sector in the UK has faced significant challenges. Amid economic uncertainties, shifting consumer…
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Shopping Centres
British Land sells 50% Meadowhall stake for £360m
British Land has announced that it has sold its 50% stake in the Meadowhall shopping centre in Sheffield. The company…
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News
Today’s news in brief-17/5/24
Asos is set to enter the Indian market through a new long-term partnership with Reliance Retail, marking Asos’ first country-wide…
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Supermarkets
Sainsbury’s to bring AI to supermarkets amid Microsoft deal
Sainsbury’s and Microsoft have announced a new five-year strategic partnership to bring the tech company’s AI and machine learning capabilities…
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News
Today’s news in brief-16/5/24
Natura and Co is considering separating from Avon after experiencing a significant increase in losses during the first quarter. The…
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Luxury Goods
Watches of Switzerland Q4 sales rise 4%
Watches of Switzerland has seen its group revenues jump 4% up to £380m for the 13 weeks ended 30 April.…
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