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Retail

  • Sadiq Khan warms up for MLB guest appearance as London Mayor practises in New York’s Central Park

    May 10, 2022

    Sadiq Khan has warmed up for his guest appearance throwing the ceremonial first pitch at a Major League Baseball (MLB) game by practising in New York’s Central Park. The Mayor of London met with Hillary Clinton, the city’s current mayor Eric Adams and its former leader Michael Bloomberg on Monday at the start of his [...]

  • Brits hold back on buying sofas and fridges as cost of living climbs

    May 10, 2022

    Brits have held back on buying big ticket items, such as furniture, as living costs spiral. Retail sales in the UK fell on a like-for-like basis by 1.7 per cent last month, compared to April 2021.  Sales growth went into decline for the first time in 15 months as retailers face a balancing act between [...]

  • Morrisons confirms McColl’s rescue deal with thousands of jobs saved

    May 9, 2022

    Morrisons has confirmed it will save McColl’s from collapse, after an agreement with its administrator. Thousands of jobs were left hanging in the balance as McColl’s teetered on the brink of collapse last week. However, now grocer Morrisons has confirmed it will snap up the convenience store operator through a pre-pack administration. The Clayton, Dubilier [...]

  • Al fresco: Publicans welcome permanent pavement licences as red tape slashed for good

    May 9, 2022

    Hospitality bosses have welcomed news that pavement licences will be made permanent, securing the future of al fresco drinking and dining. Ministers introduced temporary licences amid the pandemic when pubs and restaurants faced periods of restrictions on indoor service. Under the Business and Planning Act 2020, the government made it possible for local authorities to [...]

  • Made snaps up boutique marketplace Trouva as homeware firm doubles down on growth plans

    May 9, 2022

    Homeware firm Made has snapped up independent boutique platform Trouva, as it seeks to expand its product range. Trouva, which works with some 700 boutiques across Europe, will continue to be run as a standalone brand under its current leadership. In an update on the London Stock Exchange, Made said the acquisition would allow the [...]

  • Morrisons fends off Issa brothers’ EG Group in battle for McColl’s

    May 9, 2022

    Morrisons has emerged victorious against EG Group in gaining control over McColl’s Retail Group, it has been reported. The supermarket giant had upped its offer to snap up the beleaguered newsagent operator after a last minute battle with the Issa brothers’ EG Group. According to Sky News, the chain beat down its competition after making [...]

  • ‘Hello from the Big Apple’: Sadiq Khan touches down in New York City as London Mayor starts US tour to boost tourism and tech

    May 9, 2022

    London Mayor Sadiq Khan has arrived in New York City and met with former mayor Michael Bloomberg as the London leader began a US tour aimed at boosting the British capital’s tourism and tech industries. The mayor of London tweeted he had caught up with his “good friend” Mr Bloomberg, who was in charge of [...]

  • Finger lickin’ good: Quorn teams up with KFC for European expansion

    May 9, 2022

    Quorn has teamed up with KFC to expand into European markets as the demand for meat-free alternatives boom across the world.

  • Morrisons ups offer to bail out McColls in bid to claw chain back from Asda owning rivals

    May 8, 2022

    Morrisons has put forward a last-minute offer to bail out McColls in a bid to claw it out the hands of its Asda owning rivals. Bradford headquartered supermarket chain Morrisons has improved its offer to buy McColls by vowing to pay its lenders immediately in full, Sky News first reported today. The improved offer comes [...]

  • Retail reality check: High Streets have too many shops which cannot all be saved, says retail guru Sir John Timpson

    May 7, 2022

    Retail giant Sir John Timpson said there are too many shops in most towns and there needs to be more variety on the high street. Sir John, the chairman and owner of Timpson, a UK shoe repair chain with over 2,000 outlets, called for more choice in town centres. “We’ve got to look to the [...]

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