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High Street
Pets at Home lowers guidance despite Q3 revenue jump
Pets at Home has lowered its underlying profit before tax guidance to around £132m despite the fact its group revenue…
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News
Today’s news in brief-29/1/24
The UK experienced a significant increase in business administrations, with the retail sector being the hardest hit, accounting for 19%…
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Supermarkets
Iceland boss backs Labour government
Richard Walker, managing director of Iceland and former Tory donor, has publicly backed Keir Starmer to be the next Prime…
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News
Today’s news in brief-26/1/24
Superdry reported a challenging trading environment with half-year revenues down 23.5% to £219.8m. The wholesale division faced a significant decline…
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Economy
Retail theft hits highest rate in 20 years
Data from the Office for National Statistics shows that there were over 400,000 incidents of shoplifting in the year to…
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News
Today’s news in brief-25/1/24
Halfords reported that its Q3 total revenues were up 1.6%, with a 2.0% increase on a like-for-like basis. However, December…
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Clothing & Shoes
Dr Martens Q3 revenue drops 21% to £267.1m
Dr Martens has revealed that its revenues dropped 21% to £267.1m in the three months ended 31 December 2023. Alongside…
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News
Today’s news in brief-24/1/24
The Chair of B&M, Peter Bamford, has confirmed his retirement this calendar year after serving in the role since March…
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Government
BRC launches ‘Manifesto for Retail’ ahead of General Election
The British Retail Consortium (BRC) has announced the launch of its “Manifesto for Retail” ahead of the anticipated General Election…
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News
Today’s news in brief-23/1/24
Boohoo has changed its leadership as Shaun McCabe has stepped down as CFO, and Stephen Morana has been appointed as…
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