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Retail

  • Majestic Wine toasts best-ever Christmas as consumers quaff fine wine

    January 9, 2024

    Majestic Wines toasted its best ever Christmas in its 43-year history as more than 60,000 customers shopped with the store for the first time. 

  • Shoe Zone thanks back-to-school shopping for near 20 per cent profit boost

    January 9, 2024

    High street retailer Shoe Zone thanked back to school shopping for a 19.1 per cent jump in profit before tax for the full year. 

  • Games Workshop posts record profit and dividends as it gears up for Warhammer 40k Amazon series

    January 9, 2024

    Warhammer maker Games Workshop said it was trading in “great shape” as profits boomed following its TV deal with Amazon. 

  • B&M: Discount retailer enjoys rewards of cost-of-living Christmas

    January 9, 2024

    B&M Bargains enjoyed a buoyant Christmas, reporting a five per cent leap in revenues during the golden quarter. 

  • London MSG Sphere plans officially dead: Developer blames Sadiq Khan and government

    January 9, 2024

    In a letter to the Planning Inspectorate, seen by City A.M, the American development group said it was “extremely disappointing” its plans were refused.

  • Pubs enjoy bumper December despite rail disruption

    January 9, 2024

    Brits heading out to Christmas parties helped drive spending in bars and pubs higher by 7.9 per cent in December despite rail strikes. 

  • Hotel investments plunge to lowest level since 2012 as high costs bite

    January 8, 2024

    Despite the slowdown, foreign investors continued to express interest in the market with 39 per cent of all deals involving overseas buyers, particularly in London

  • Vistry and Crest shares rise as investors pin hopes on cooling rates and housing recovery

    January 8, 2024

    Experts at the high street bank Barclays were reviewing price targets and ratings for a number of property groups. 

  • London restaurant openings near pre-pandemic levels as wealthy eaters splash out

    January 8, 2024

    The number of new restaurants opening in London has almost returned to pre-pandemic levels, despite ongoing pressure placed on the industry. 

  • Merry Clickmas: UK shoppers splashed £24bn online over festive season

    January 8, 2024

    Christmas shoppers in the UK filled their carts with more than £24bn in online spending over the festive season, fresh data has revealed.

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