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Department Stores
John Lewis latest business to exit CBI
John Lewis has become the latest business to today terminate its CBI membership in light of the recent allegations against…
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High Street
Poundland owner sees revenues rise 23% in H1
Pepco Group, the owner of Poundland, has welcomed “encouraging” results in its second quarter and first half of trading despite…
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High Street
WH Smith revenues soar 41% amid rebound in travel
WH Smith has welcomed a strong performance in the first half of the year, with revenues rising by 41% to…
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Supermarkets
Co-op launches new member prices amid £240m investment
Co-op is set to invest more than £240m into its membership proposition across the next five years in a bid…
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Sport & Leisure
Halfords anticipates mid-term profit and sales boost
Halfords has predicted that it will see a rise in both profits and sales in both the mid-term and mid-to-long…
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Online & Digital
THG faces takeover bid as FY losses widen
THG has seen its operating loss more than double to £495.6m in the preliminary results for FY22, which closely follow…
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Clothing & Shoes
Just Hype rescued in pre-pack administration deal
Streetwear brand Just Hype has been rescued from collapse following a pre-pack administration deal, according to Drapers. Drapers reported that…
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Online & Digital
AO lifts full-year guidance after cutting costs
AO World has said it is confident its full-year profits will be at the top end of its previous guidance…
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Supermarkets
Tesco profits halve as inflation hits business
Tesco has seen its full-year profits plunge by 50.8% to £1bn, down from £2.03bn the prior year, as inflation took…
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Clothing & Shoes
Sosandar swings to FY profit as revenues rise 44%
Sosandar is set to welcome its first full-year of profitability in what it called a “milestone” year for the group,…
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