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Supermarkets
Bestway acquires 3.45% share in Sainsbury’s
Bestway Group has announced it has agreed to acquire a total of 80,792,512 shares in Sainsbury’s, representing 3.45% of Sainsbury’s…
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High Street
Store Vacancies fall to 13.8% in Q4
The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than…
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Clothing & Shoes
Levi’s profits fall 9% despite surge in revenues
Levi’s has revealed its gross profit fell 9% to $887m (£716m) for the year 27 November 2022. However, it also…
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High Street
Furniture Village names new MD amid Board reshuffle
Furniture Village has strengthened its board of directors with several senior appointments from within, including founder Peter Harrison taking on…
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High Street
Sosander announces partnership with Sainsbury’s
Sosandar has announced that it has entered into an agreement to sell a curated collection of its products through Sainsbury’s.…
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High Street
The Works hails ‘resilient’ sales amid 5.7% jump
The Works has revealed it has seen a strengthening in trade since the end of its first half, with like-for-like…
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High Street
Argos to close all Irish operations
Argos has announced that it will shut all of its 34 stores in the Republic of Ireland at the end…
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High Street
Boohoo revenues drop 11%
Boohoo has revealed its revenues dropped 11% to £637.7m in the three months to 31 December, in line with the…
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Supermarkets
Aldi increases pay rates for warehouse workers
Aldi has announced that it is increasing its pay rates for around 7,000 warehouse workers across the UK from 1…
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News
Lush sales soar 13.1% in December
Lush UK and Ireland has announced sales of £40.5m in December, exceeding forecasts and beating 2021’s sales by 13.1%, and…
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