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Consortium increases Morrisons takeover bid to £6.7bn

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The private equity-backed consortium vying to buy Morrisons has increased its bid for the supermarket chain to £6.7 billion amid speculation of a rival...

Hammerson bosses to transform empty retail space into hotels, offices and homes

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The new boss of Birmingham Bullring landlord Hammerson has laid out a new growth strategy which will see the group seek more opportunities away...

Sweaty Betty bought by US firm Wolverine in £300m deal

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Sweaty Betty, the upmarket British sportswear brand, has been snapped up by a US-based company for around £300 million. The brand, which is known for...

The Hut Group to snap up Cult Beauty in £275m deal

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Ecommerce firm The Hut Group (THG) has sealed a £275 million deal to buy online-only beauty retailer Cult Beauty. It said the acquisition will boost...

Joules swings to profit thanks to online sales boost

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Fashion chain Joules has returned to annual profit as it rode out the lockdown disruption thanks to surging online sales. The Leicestershire-based group – famous...

Sales rebound at New Look after restructuring

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New Look has said that larger shopping sprees have offset lower footfall as the fashion retailer seeks to recover from a difficult year amid...

Greggs targets 100 store openings this year as it returns to profit

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Greggs has said it plans to open around 100 new stores by the end of the year after a rebound in sales helped return...

Mike Ashley’s Frasers Group set for ‘upbeat’ update after reopening stores

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Sports Direct owner Frasers Group is expected to unveil an “upbeat” trading update amid hopes its sales will have rebounded strongly after the reopening...

Lingerie chain Victoria’s Secret UK goes into liquidation

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Victoria’s Secret UK has moved out of administration and into liquidation. The UK arm of the lingerie retailer went into administration last year. A spokesman...

Pets at Home sales surge but cost pressures remain

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Pets at Home continues to benefit from the huge boom in pet ownership during the Covid-19 pandemic with bosses predicting profits will be up...

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