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Why does Games Workshop never lose money?

Games Workshop was founded in 1975 and last posted a loss in 2007. This came after it had licensed the rights to make miniatures and a game using characters and stories from The Lord of The Rings but saw a decline in interest for the franchise. Since that point the…

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Are consumers stuck in an endless cycle of ‘aesthetic’ dupes?

The retail landscape is increasingly defined by a relentless cycle of “aesthetic” dupes – fast, trend-driven products designed to mimic high-end styles at a fraction of the cost. From Pinterest and Primark’s new trend-inspired collection to Temu’s staggering 77% product overlap with Amazon – where every tenth item is identical,…

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Ocado scales back diversity targets amid DEI crackdown

Ocado has scaled back its diversity targets following a wider rollback of diversity initiatives in the corporate world, The Telegraph has reported.  The company’s goal of having 10% of senior management roles be held by people from ethnic minorities has been pushed back to 2030, behind its previous target of…

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Stricter knife sale laws: Problem solver or business burden?

Stricter rules for online retailers selling knives are set to be introduced by the government, along with tougher penalties for failing to enforce them, as it pursues every avenue to protect young people from knife crime.  In response to cases where unregulated online knife sales have led to tragic deaths,…

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Fossil group appoints new CFO

Fossil Group has announced the appointment of Randy Greben as the new chief financial officer effective from 17 March.  Greben will oversee Fossil Group’s global financial strategy, focusing on leading the organisation’s financial turnaround and business transformation.  With more than two decades of financial leadership experience, he brings a strong…

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WHSmith’s high street exit: what it means for the retail industry

After more than 230 years as a staple of British high streets, WHSmith is considering selling off its entire high street business. With around 500 stores facing an uncertain future, the company is shifting its focus to travel retail — airports, railway stations, and motorway service areas — where it…

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Today’s news in brief-5/3/25

Walgreens Boots Alliance, owner of Boots, is in advanced talks with private-equity firm Sycamore Partners for a potential $10 billion deal to take the struggling drugstore chain private. This move comes amid Walgreens’ shares declining sharply over the past decade, from a peak market value of over $100bn in 2015…

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Games Workshop welcomes strong start to 2025

Games Workshop has revealed today (5 March) in a short trading update that its performance in January and February has been ahead of expectations.  According to the designer and maker of miniature figurines, it has benefited from strong trading across both the core business and licensing.  As a result, the…

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Whole Foods to open first new UK site since 2014

Whole Foods Market has announced it is set to open its first new UK site since 2014 on London’s King’s Roads. Whole Foods Market has more than 535 stores in the US, UK and Canada, with nearly 90 stores in the pipeline. In 2024, the grocer announced and opened a…

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The decline of UK department stores: can they survive?

The decline of department stores in the UK has been one of the most significant shifts in the retail sector in recent years. High street giants that once defined the shopping experience have faced unprecedented challenges, leaving behind empty storefronts and a stark reminder of how much the landscape has…

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