Primark: Oxford Street and Stratford stores to be transformed in £100m UK revamp February 8, 2024 Primark is investing £100m into stores this year, with its sites in Oxford Street and Stratford set for a revamp. The budget retailer said 700 new jobs will be created in 2024 as a result of new stores and extensions. Its Westfield Stratford store will almost double in size to more than 81,000sq. ft to [...]
London Westfield owner looks to Paris Olympics for sales boost February 8, 2024 Westfield mall owner Unibail-Rodamco-Westfield (URW) believes the Paris Olympics will boost sales in 2024, with a number of its Viparis convention venues hosting events during games.
Profits rise at DFS-owned Sofology as it opens new stores February 8, 2024 Profits at Sofology increased during its latest financial year as it opened more stores across the UK.
Revolution Beauty targets £1bn sales, leaving string of scandals behind February 8, 2024 Lauren Brindley, Revolution Beauty's newly appointed chief and former Boots executive, is set to inform investors about its business strategy at a capital markets event taking place today.
Travelex revenues jump one quarter as international travel rebounds and jet setters choose cash February 8, 2024 Chief executive Richard Wazacz said the results showed that travellers were "making up for lost time"
Unilever: Analysts say ‘elephants don’t gallop’ after disappointing performance February 8, 2024 Consumer giant Unilever has shuffled more than half of its senior team in the last four months
Watches of Switzerland: Firm ‘encouraged’ by tourist tax review as UK market underperforms February 8, 2024 Luxury retailer Watches of Switzerland is continuing to feel the pinch from rich shoppers scaling back and the damage wrought by the so-called ‘tourist tax’. In an update this morning, the Rolex seller said group revenue declined by one per cent to £397m in the third quarter, and in the UK and Europe it fell [...]
British American Tobacco slumps to £15.7bn loss as higher impairment charge on US brands wipes out profit February 8, 2024 British American Tobacco has said the size of its writedown on the value of its US brands has increased to £27.3bn.
Gaucho and M owner delivers juicy growth again despite consumer fears February 8, 2024 THE RESTAURANT group behind Gaucho and M consolidated a bumper post-pandemic year in 2022 with double digit profit growth in 2023
The Co-op hit by nearly 1,000 shoplifting, abuse, violence and anti-social behaviour incidents every day in 2023 February 8, 2024 The Co-op experienced almost 1,000 incidents of shoplifting, abuse, violence and anti-social behaviour every day across its stores during 2023, new figures have revealed.