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Department Stores
Frasers warns of £50m budget hit despite FY25 profit rise
Frasers has seen pre-tax profits rise by 2.8% to £560.2m in its full-year results, but has warned it faces over…
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Government
Employment Rights Bill could cause ‘chronic’ overstaffing, Next boss warns
The boss of Next has warned that the Employment Rights Bill may leave businesses “chronically overstaffed”, particularly during seasonal quiet…
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Electrical
Currys FY profits soar 37% to £162m
Currys has welcomed strong profits and sales in its full-year results, with adjusted profit before tax soaring by 37% to…
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Online & Digital
Amazon hits robot milestone as fleet nears outnumbering humans
Amazon has deployed its one millionth robot to its workforce, marking the highest number of robots the company has ever…
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Supermarkets
Sainsbury’s market share hits decade high amid Q1 sales boost
Sainsbury’s has welcomed a strong start to the financial year, as grocery sales rose by 5% in the first quarter,…
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Supermarkets
Asda plans to overtake Primark as UK’s biggest clothing retailer
Asda is reportedly planning to overtake Primark as the UK’s biggest clothing retailer, The Telegraph has reported. According to the…
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Online & Digital
Dotdigital Group acquires influencer, affiliate and referral marketing platform Social Snowball for $35m
Dotdigital Group plc (AIM: DOTD), the leading SaaS provider of customer experience and data platforms (CXDP), has acquired Social Snowball…
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High Street
ProCook FY sales rise 11% to £70m as it ‘outperforms’ market
ProCook has reported that both full-year sales have soared after “outperforming the market”, with sales rising 11% to £69.5m. The…
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Online & Digital
Amazon to invest £40bn as part of major UK expansion
Amazon has unveiled plans to invest £40bn in the UK over the next three years, which will see it build…
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Luxury Goods
Mulberry eyes £20m fundraising as losses widen
Mulberry has announced plans to raise £20m in funding as part of a turnaround plan to return to profitability, as…
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