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Retail

  • 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 [...]

  • Charles Tyrwhitt: Office return helps sales to new record

    April 23, 2025

    Sales at Charles Tyrwhitt have surged to more than £300m for the first time as the trend of returning to the office has boosted the workwear retailer. The London-headquartered business, which was founded by Nick Wheeler in 1986, has posted a turnover of £305.7m for the 12 months to 3 August, 2024. The total comes after [...]

  • Castore could snub London and float overseas as CEO talks up ‘global ambition’

    April 23, 2025

    The London Stock Exchange needs to offer something different if it’s going to convince Castore to float in the UK, its co-founder has said. Tom Beahon, speaking on an upcoming episode of City PM‘s Boardroom Uncovered podcast, said it would be “shame” if the brand didn’t end up choosing London and instead completed an initial [...]

  • M&S: FTSE 100 giant battling cyber attack

    April 22, 2025

    M&S has revealed it has been battling what it has described as a “cyber incident” over the past few days. The FTSE 100 giant said that it’s made some “minor, temporary changes to our store operations to protect customers and the business” and “we are sorry for any inconvenience experienced.” M&S confirmed that it is [...]

  • Billionaire Gymshark boss Ben Francis quits firm he co-owns

    April 22, 2025

    Ben Francis, the billionaire founder of Gymshark, has quit the sports talent agency he helped to establish. The Members Agency was set up in 2018, is based in Wolverhampton and also works on sports sponsorship deals. According to a new filing with Companies House, Francis has stepped down as a director and is no longer [...]

  • Wilkinson Sword makes first profit since pandemic

    April 22, 2025

    Wilkinson Sword surged back into the black for the first time since the Covid-19 pandemic during its latest financial year, it has been revealed. The High Wycombe-headquartered business reported a pre-tax profit of £7.2m for the 12 months to 30 September, 2024. The profit is the first since Wilkinson Sword reported a £337,000 surplus in [...]

  • Dunelm warns of uncertainty ahead despite ‘strong’ growth

    April 17, 2025

    Dunelm revealed "strong sales" over its third quarter, as the group generated over six per cent growth across its homewares and furniture categories.

  • WH Smith: High street profit slumps ahead of Modella sale

    April 16, 2025

    WHSmith’s high street division has reported a significant drop in trading profit, falling by over 30 per cent as it prepares for its sale to private equity firm Modella Capitlal. The retailer’s high street business delivered a profit of £15m for the six months to Febuary 28, 2025, down from £22m in the same period [...]

  • London’s beloved corner shops can’t survive more red tape

    April 15, 2025

    Red tape, business rates and vape bans are at risk of pushing corner shops to the brink, writes Andrew Boff.

  • WH Smith shareholders eye growth plans after sale of high street stores

    April 13, 2025

    Investors in WH Smith will be keen for more details on its strategy after agreeing to sell its UK high street stores and the potential impact of US tariffs when the retail firm updates the market next week. It has been a busy start to 2025 for the historic retailer as it has pivoted to [...]

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