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High Street
Holland and Barrett acquires FitTech startup Avie
Holland and Barrett, has announced the acquisition of start-up FitTech company Avie as part of its strategy to extend its…
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Clothing & Shoes
Next maintains guidance despite better than expected sales
Next has maintained its profit guidance for the full-year despite seeing better than expected sales figures for the first quarter.…
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High Street
Card Factory profits jump 368.5% to £52.4m
Card Factory has seen its profit before tax rise 368.5% to £52.4m, up from £11.1m, for the year ended 31…
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Clothing & Shoes
Superdry in talks for £15m share sale
Superdry has confirmed that it is in talks to raise capital which, according to Sky News, could be worth around…
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Property
Retailers cautious to invest as retail vacancies plateau
The overall vacancy rate for retail units in the UK remained at 13.8% of Q1 in 2023, the same rate…
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Supermarkets
Sainsbury’s posts fall in profits amid consumer cost measures
Sainsbury’s has seen its statutory pre-tax profits drop 62% to £327m, down from £854m the previous year, during the 52-week…
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Features
Experience and experiment: the changing nature of the flagship
“Our flagship has always been at the heart of Heal’s, and is symbolic of the significant role that bricks and…
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Clothing & Shoes
Ted Baker CEO to step down after takeover
Ted Baker CEO Rachel Osbourne is set to step down from her position following the takeover by Authentic Brands Group…
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Supply Chain
Ocado to close warehouse risking 2,300 jobs
Ocado has announced that it is closing its fulfilment centre in Hatfield putting 2,300 jobs at risk. The retailer stated…
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Luxury Goods
Kering set to pay £13m rent for Bond Street store
Luxury retailer Kering is set to pay £13m or more per year for a new Yves Saint Lauren store on…
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