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High Street
Matalan secures £25m in funding for store and digital transformation
Matalan has announced that it has secured an additional £25m of funding from its anchor investors Invesco, Tresidor, Man Group…
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News-In-Brief
Today’s news in brief-17/4/25
Sainsbury’s has forecast flat profits for the coming year, expecting operating profit to drop to around £1bn, below market expectations,…
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Supermarkets
Sainsbury’s forecasts flat profits ahead despite 7.2% uplift in FY25
Sainsbury’s has forecast flat profits for the coming year, revealing that it expects its operating profit to drop to around…
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Today’s news in brief-16/4/25
Inflation in the UK fell more than expected to 2.6% in March 2025, down from 2.8% in February, driven by…
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Clothing & Shoes
Sosandar lowers profit expectations amid softer trading
Sosandar has revealed it expects its full-year profits to be no less than £500k for the year ended 31 March…
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News-In-Brief
Today’s news in brief-15/4/25
Halfords has appointed Henry Birch, former CEO of The Very Group, as its new chief executive, replacing Graham Stapleton, who…
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High Street
B&M to open 45 new UK stores despite sales drop
B&M has revealed that it is aiming to open 45 new stores in the UK in 2025 despite the fact…
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News-In-Brief
Today’s news in brief-14/4/25
Currys CEO Alex Baldock has warned of a potential influx of Chinese products into UK and European markets, driven by…
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High Street
Hilco closes in on Lakeland deal
Family-owned homeware retailer Lakeland is close to being acquired by high-street investment firm Hilco Capital, according to reports from Sky…
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News-In-Brief
Today’s news in brief-11/4/25
Uniqlo owner Fast Retailing has raised its profit forecast for the third consecutive year, driven by strong sales in Japan…
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