London

Läderach opens first UK transport hub store at St Pancras

Swiss chocolatier Läderach has opened its first shop in a UK transport hub at London St Pancras International. The 550 sq ft boutique, which began trading on earlier this month, is the brand’s ninth London location and offers its full range of handcrafted chocolate, including its signature FrischSchoggi (fresh chocolate)…

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Update: Poundland denies reports of stock shortages

Poundland has denied that it is facing issues to stock certain items following reports major suppliers like Proctor and Gamble and Nestle tightened their credit lines amid uncertainty over the retailer’s future. The retailer called the reports “false” and added that it is has received strong support from suppliers as…

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NCA arrests four over cyber attacks on M&S, Co-op and Harrods

Four people have been arrested as part of a National Crime Agency (NCA) investigation into cyber attacks on Marks and Spencer, Co-op and Harrods. Two men aged 19, a 17-year-old boy, and a 20-year-old woman were detained at home addresses in the West Midlands and London on 10 July.  They…

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Majestic opens Thame store as part of summer expansion

Majestic has opened a new store in Thame as part of plans to expand its bricks-and-mortar estate this summer. The wine retailer’s new 1,680 sq ft shop, which is located on the town’s High Street, occupies the former Newitt’s of Thame butchers. Several original features of the butcher’s shop –…

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Tesco to open multi-million pound distribution hub in London

Tesco has announced plans for a new distribution centre at DP World London Gateway, set to open in 2029. The supermarket said the site would strengthen its logistics network and support growth across its store estate. It described the move as a long-term investment in ensuring operations remain “fit for…

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Shein files for Hong Kong IPO

Shein has reportedly filed for an initial public offering (IPO) in Hong Kong after facing continued setbacks in its plans to list on the London Stock Exchange, according to The Financial Times. The Singapore-based online retailer is said to have privately submitted a draft prospectus last week to the Hong…

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Retail footfall rises 1.5% amid warm weather and Oasis revival

Retail footfall rose by 1.5% week-on-week across all retail locations, primarily driven by a 2.9% increase in retail parks, followed by a 1.3% rise in high streets and a 0.9% uplift in shopping centres, according to the latest MRI Software’s data. Warmer weather, seasonal demand and the early momentum of…

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Seraphine enters administration after sales slump

Maternity fashion retailer Seraphine has ceased trading and entered administration, with most of its 95 employees made redundant. It comes after the retailer officially appointed Will Wright and Chris Pole from consultancy firm Interpath as joint administrators yesterday (7 July).  According to the administrators, they are now exploring options for…

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H&M latest retailer to trial staff body cameras

H&M has started trialling body-worn cameras for its staff in the UK as retailers seek to address rising levels of theft and violence in stores. According to This is Money, the Swedish fashion retailer is testing the equipment at branches in Edinburgh, Wood Green and Beckton in London.  It follows…

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Apple’s UK tax bill hits £300m as operating profits clear £1.2bn

Apple has revealed that it paid £304m in corporation tax in the UK for the year ended 28 September 2024, an increase of 62%, as its operating profits cleared £1.2bn for the first time. In accounts filed with Companies House, the technology giant revealed that its operating profit increased from…

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