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Retail

  • Starbucks: UK’s largest franchise more than doubles profit ahead of takeover

    April 28, 2025

    Sales jumped towards £100m and profit more than doubled at the UK’s largest Starbucks franchise in the year before the US coffee chain took it over, it has been revealed. 23.5 Degrees has reported a turnover of £93m for the 12 months to 31 August, 2024, up from the £83.5m it achieved in the prior [...]

  • Lidl eyes Mayfair and Chelsea stores amid £500m expansion

    April 28, 2025

    You could soon shop at a Lidl store in the swanky London districts of Mayfair and Chelsea as the low-cost supermarket plans dozens more store openings as part of a £500m expansion plan. The German-owned business, which controls 7.8 per cent of the UK grocery market according to latest Kantar figures, has published a list [...]

  • M&S: FTSE 100 shares slump as online orders stopped

    April 25, 2025

    Shares in FTSE 100 giant Marks and Spencer (M&S) slumped this afternoon as the retailer stopped taking online orders because of an ongoing cyber attack. The London-listed company confirmed earlier this afternoon that it had made the decision not to take any more orders through its website and app because of the cyber attack – [...]

  • M&S stops taking online orders as cyber attack rages on

    April 25, 2025

    Marks and Spencer (M&S) has stopped taking orders through its website and app as its battle against a cyber attack rages on. The company added that some of its international websites have also paused taking orders. The FTSE 100 retailer had previously said the incident, which was disclosed to the public on Tuesday, had impacted contactless [...]

  • I quit Canada and created £1bn Castore empire

    April 25, 2025

    Cast your eye over the numerous growth lists that get churned out multiple times a year and there is one name that keeps cropping up towards the sharp end – Castore. The Manchester-headquartered brand has been on a skyrocketing journey since being founded by two Merseyside brothers in 2016. But Tom Beahon, who shares CEO [...]

  • Castore boss: How I convinced Andy Murray to back my sportswear brand

    April 25, 2025

    The co-founder of sports apparel brand Castore has opened up about how he and his brother managed to convince Sir Andy Murray to invest in their company. Tom and Phil Beahon set up their business in 2016 and quickly set about attempting to get a high-profile backer to help get the brand off the ground. [...]

  • UK retail sales surge at the fastest rate in four years

    April 25, 2025

    Retail sales unexpectedly rose in March as shoppers were boosted by good weather, according to new data. Retail sales volumes rose by 0.4 per cent in March 2025, following 0.7 per cent rise in February, according to the Office for National Statistics. Quarterly sales volumes rose by 1.6 per cent quarter on quarter and 1.7 [...]

  • Fevertree: £1m pay day for top boss after Molson Coors tie-up

    April 24, 2025

    The chief executive and co-founder of Fevertree has been rewarded with a pay packet of more than £1m after agreeing a “transformational” tie-up with Carling owner Molson Coors. Tim Warrillow, who set up the AIM-listed business with Charles Rolls more than 20 years ago, has taken home almost £1.1m for the company’s latest financial year. The [...]

  • M&S: Shares at FTSE 100 retailer fall as cyber attack hits customers

    April 24, 2025

    Shares in Marks & Spencer (M&S) have continued to fall as its battle against a cyber attack wages on. The FTSE 100 retailer has said the incident, which was disclosed to the public on Tuesday, has impacted contactless payments and click and collect orders. Shares in M&S have fallen by more than 1.5 per cent [...]

  • Wetherspoons fails to prove cider is not alcohol in tax dispute

    April 24, 2025

    Budget boozer Wetherspoons unsuccessfully argued cider did not fall within the meaning of 'alcoholic beverages' in a VAT dispute with HMRC

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