Asos: Short sellers ramp up bets against former retail favourite as profits dwindle November 21, 2023 Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.
How Grind went from a Shoreditch mobile phone shop to a growing coffee empire November 21, 2023 Entrepreneur stories start in all manner of ways. In David Abrahamovitch’s case, it was taking over his late father’s mobile phone shop in Shoreditch. A long-term lease and an interest in coffee led him to open up Grind, one of the early entrants in London’s then nascent flat white scene. That single store has evolved [...]
M&S given go ahead to take Gove to court over Marble Arch store revamp November 20, 2023 M&S has been given the green light to challenge Micheal Gove over his decision to reject the store's plans to revamp its flagship shop in Marble Arch.
What is going on with Ocado’s share price? November 20, 2023 Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S.
Khan gives thumbs-down to MSG Sphere venue in east London November 20, 2023 Plans to build a giant sphere-shaped music venue in Stratford have been dealt a blow after Mayor of London Sadiq Khan rejected the proposals today.
Scrap tourist tax before it’s too late, Fortnum & Mason boss warns November 20, 2023 The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.
Black Friday pain for Amazon as workers plan ‘largest day’ of strike action November 20, 2023 A trade union which represents Amazon workers has warned that this upcoming Black Friday will see the largest day of industrial disruption in the e-commerce giant’s history.
Compass: Catering firm thanks inflation for surging profits November 20, 2023 Compass has unveiled a jump in revenues for the year as the catering giant was bolstered by food inflation and demand for its products.
Musicmagpie eyes sale of business as value plummets November 20, 2023 Musicmagpie has failed to break into the US market with sales in the region plummeting from £18.4m to £14.7m in the first half of 2023.
Hospitality sector sees ‘worrying’ year as pub insolvencies jump 66 per cent November 20, 2023 The number of pub and bar insolvencies in the last year rose from 438 to 725, a "worrying sign," some industry officials say.
