Pandemic

Matalan rescue deal to wipe founder’s control of group

Matalan founder John Hargreaves is reportedly set to lose control of the group after its lenders finalised a rescue deal…

Read More »

DFS maintains guidance amid strong winter trading

DFS has maintained its profit guidance for the full-year following a strong start to its winter trading period. In the…

Read More »

Very retail sales up 2.2% over Christmas period

Very Group has announced that its retail sales increased by 2.2% compared with the trading period in 2021 for the…

Read More »

Asos revenues fail to climb over Christmas period

Asos has failed to capitalise on the festive season as revenues for the four months ended 31 December fell by…

Read More »

Card Factory ups FY guidance amid strong Xmas sales

Card Factory has raised its full-year guidance following a year of “good momentum” across the business, with sales boosted by…

Read More »

Holland and Barrett appoints new executive chair

Holland and Barrett has announced the appointment of Alex Gourlay as its new executive chair. He has taken over from…

Read More »

Paul Smith halves operating loss as FY sales surge 35%

Fashion retailer Paul Smith has almost halved its operating loss from £16.16m to £8.25m for the year ended 30 June,…

Read More »

Ikea UK profits fall by nearly a fifth despite £2.2bn in sales

Ikea UK has announced that its profits have fallen nearly a fifth to £49.6m, despite posting sales of £2.2bn for…

Read More »

Sainsbury’s to invest £550m in keeping prices low

Sainsbury’s is set to invest £550m over two years to keep its prices low and be “more competitive”, CEO Simon…

Read More »

Currys falls to pre-tax loss of £17m in H1

Currys has fallen to a pre-tax loss of £17m for the half year ended 29 October 2022, down from profits…

Read More »