Expansion

Amazon profits halve despite strong holiday sales

Amazon’s full-year profits halved to $12.2bn (£9.9bn) in FY22, as international sales fell 8% year-on-year to $34.5bn (£28.1bn).  This comes…

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Canada Goose lowers outlook as revenues slip

Canada Goose reported revenues of $576.7m (£471.3m), down 1.6% from the prior third quarter “largely due” to timing of wholesale…

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ScS maintains outlook as it returns to growth

Furniture and flooring retailer ScS has revealed it expects to meet its full-year market expectations after it returned to growth…

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Lidl pledges to invest £4bn into UK food industry

Lidl has pledged to invest £4bn in British food businesses this year, as it plans to show its continued support…

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Store Vacancies fall to 13.8% in Q4

The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than…

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Mamas & Papas appoints new CEO ahead of global expansion

Mamas and Papas, the high street nursery brand, has announced chief operating officer Nathan Williams as its new CEO to…

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THG lowers profit guidance as it launches new strategy

THG has revealed it now expects its EBITDA to come in between £70m-£80m, down from £100m-130m, due to lower full-year…

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JD Sports ups guidance amid strong Christmas trading

JD Sports has raised its full-year guidance after a “particularly impressive” business performance over the Christmas period, both in stores…

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Lidl sees sales rise 25% in run up to Christmas

Lidl GB has announced that over 1.3m people shopped with them in the run up to Christmas, as its sales…

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Tesco to open three more GetGo stores with new hybrid format

Tesco has announced a further expansion of its GetGo stores trial, with the first of three already open at Chiswell…

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