Three
This coverage explores Threeโs strategy, operations, and presence in the UK mobile and retail market. Reporting highlights store activity, financial results, network developments, partnerships, and leadership moves. Aimed at retail executives, category managers, and planners monitoring telecom retail trends, competitive positioning, and consumer demand for mobile services.
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Dec- 2024 -19 DecemberEconomy
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation and wage growth.ย At its meeting this week, the bankโs monetary policy committee voted by a majority of 6โ3 to maintain the current rate. Three members voted to reduce interest rates…
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Nov- 2024 -18 NovemberNews
Gen Z market a ‘massive but time-sensitive opportunity’ for health and fitness brands, UNiDAYS finds
As we approach the new year, health and fitness brands have a compelling and urgent opportunity to engage the notoriously discerning Gen Z demographic. The latest Health and Fitness Report from UNiDAYS reveals that nearly one in five students are determined to get fit in January. Almost half (44%) intend…
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Oct- 2024 -4 OctoberClothing & Shoes
Shein to hold informal talks with investors ahead of possible London float
Shein is reportedly set to hold informal talks with potential investors in the coming weeks regarding its much anticipated London initial public offering (IPO), according to Reuters.Three sources with knowledge of the matter said the discussions will be held as the fast fashion giant awaits UK regulatory approval to launch…
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Sep- 2024 -19 SeptemberShopping Centres
Hammerson sells stake in Bicester Village for ยฃ1.5bn
Property firm Hammerson has announced that it has sold off its stake in Bicester Village for ยฃ1.5bn to Silver Bidco, a company established by certain affiliates of L Catterton. The news comes after Hammerson announced it had entered into a binding agreement for the disposal of Bicester Village to Silver…
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11 SeptemberEconomy
UK economy stagnates for second consecutive month
The UK economy experienced no growth for the second consecutive month in July, underperforming analystsโ expectations of 0.2% growth for the month. The latest figures from the Office for National Statistics (ONS) show that services output is estimated to have increased by 0.1% in July 2024, following a decrease of…
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Aug- 2024 -14 AugustSport & Leisure
Fanatics renews long-term FA partnership amid surge in merch sales
Global digital sport platform Fanatics and The Football Association (FA) have announced a long-term renewal and expansion to their wide-ranging retail, e-commerce and merchandising partnership, following record England merchandise sales during Euro 2024. Under the terms of the expanded partnership, Fanatics will retain e-commerce rights with the FA and run…
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Feb- 2024 -1 FebruaryHigh Street
M Core acquires Princes Square in Glasgow
Commercial property and investment collective, M Core, has announced its acquisition of the Princes Square retail development in Glasgow city centre for an undisclosed sum.ย Princes Square, occupying a prime position on Buchanan Street, has been โwidely acknowledgedโ as the UKโs best retail centre outside of London. The 118,625 sq…
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Dec- 2023 -14 DecemberNews
Retailers urge government to reform Apprenticeship Levy
Three leading trade bodies and seven food retailers are calling for urgent action to reform the broken Apprenticeship Levy system and address the โcritical and persistentโ labour shortages in the food supply chains. In a letter sent to the government, the British Retail Consortium (BRC), the National Farmers Union (NFU)…
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1 DecemberFeatures
Why retailers and logistic companies need to diversify carriers
In 2022, Evri was responsible for 53% of deliveries from online purchases during peak season in the UK. Evriโs performance has improved since its rebrand in March 2022 from Hermes. However, a quick sweep of the headlines still reveals disgruntlement with a numberย of carriers in the UK. Three of…
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Nov- 2023 -8 NovemberNews
M&S profits soar 75% to ยฃ360m in H1
M&S has reported its profit before tax soared by 75.3% to ยฃ360.2m in the first half of the year, up from ยฃ205.5m the prior year, as its Food and Clothing and Home businesses both outperformed the market.ย Overall sales increased by 10.8% to ยฃ6.1bn in the period, compared to ยฃ5.5bn…
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