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Today’s news in brief-2/1/25
Lidl reported its best-ever Christmas performance, with turnover surpassing £1bn for the first time, a 7% increase over the four…
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Economy
Retail lost close to 13,500 stores in 2024, study finds
Nearly 13,500 shops shut for good in 2024, according to data from the Centre for Retail Research. This is a…
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Supermarkets
Ocado customers missing Christmas items amid warehouse malfunction
Hundreds of Ocado orders have been delivered with missing items after a malfunction at one of its Customer Fulfilment Centre’s…
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News-In-Brief
Today’s news in brief-23/12/24
Fashion retailer Quiz plans to delist from the Alternative Investment Market (AIM) and re-register as a private company following weak…
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Clothing & Shoes
Quiz proposes stock market exit amid financial difficulties
Quiz has proposed plans to cancel its listing on the Alternative Investment Market (AIM) and re-register as a private company…
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News-In-Brief
Today’s news in brief-20/12/24
Retail sales in the UK edged up by 0.2% in November, falling short of analysts’ 0.5% forecast. The slight increase…
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Economy
Retail sales fall short of expectations in November
Retail sales in the UK rose 0.2% in November, behind analysts expectations of 0.5%, according to data from the Office…
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News-In-Brief
Today’s news in brief-19/12/24
Amazon is preparing to settle a significant group claim from delivery drivers over working conditions, potentially costing £140m. The case,…
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Clothing & Shoes
Frasers Group given green light for new Warwickshire HQ
Frasers Group has reportedly been given planning permission to build new headquarters on green belt land in Warwickshire, according to…
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Clothing & Shoes
Frasers CEO nominated for Hugo Boss board position
Hugo Boss has confirmed that Frasers CEO Michael Murray has been nominated for election to its supervisory board. Murray has…
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