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  • Yo! Sushi loses over £20m as costs rise

    Retail

    Yo! Sushi lost more than £20m in the year its owner was acquired for almost £500m, it has been revealed. The sushi eatery chain has reported a pre-tax loss of £22.6m for the 70 weeks to 31 March, 2024, according to delayed accounts filed with Companies House. The results, which had been due to be [...]

    The owner Yo! Sushi was bought for almost £500m in 2023.
  • Lower retail prices drive shops into deflation

    Retail

    Prices in UK shops continued to fall in February, as discounting in retail offset high grocery prices. Shop prices fell by 0.7 per cent year on year in February against a decline of 0.7 per cent in January, driven by a 2.1 per cent drop in retail prices. “Discounting is still widespread in fashion as [...]

    Retail in the UK is facing a 'permacrisis'.

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