Retail parks help British Land rebound to profit
British Land has seen its bet on retail parks help drive the company’s recovery as it posted its first interim profit in four years.
The...
House of Fraser Oxford Street to close in January
Frasers Group has announced that the House of Fraser store in Oxford Street is to close in January 2022.
A spokesperson commented; “It is with...
Amazon to stop accepting Visa credit cards issued in UK from next year
Amazon will stop accepting payments made using Visa credit cards issued in the United Kingdom starting next year.
In an email to customers, it said:...
Burberry speeds up high-spending store rollout
Luxury fashion group Burberry has said it will ramp up the rollout of new stores targeted at higher-spending customers as it revealed surging profits...
Kingfisher to reveal jump in sales
Kingfisher is set to reveal another jump in sales next week as it continues to ride the DIY wave that swept the UK during...
Bank of England launch digital currency consultation
The potential introduction of an official version of bitcoin will have to wait for at least four years, the Bank of England has said.
Officials...
Marks & Spencer raises profits outlook
Marks & Spencer has increased its annual profits outlook for the second time in less than three months after a sales rebound, but warned...
Primark will not raise prices despite surging costs, bosses promise
Primark will not increase its prices despite soaring costs, the boss of the fashion retailer’s parent firm Associated British Foods (ABF) has said.
George Weston,...
Watches of Switzerland raises sales guidance after strong UK sales jump
Watches of Switzerland has lifted its sales and earnings guidance on the back of a strong post-pandemic recovery, sending shares surging in early trading.
The...
Cake Box reports sales surge as it plans further store openings
Cream cake retailer Cake Box has reported a surge in sales after pandemic restrictions eased, as it also confirmed plans for a raft of...