McColl’s losses narrow amid pandemic sales jump for convenience stores
McColl’s has said its losses narrowed over the past year as more people shopped at their local convenience store during the pandemic.
The retailer told...
Pawnbroker H&T sees profits fall despite Covid-inspired economic slump
Profits at the UK’s biggest pawnbroker, H&T, slumped by 22% in 2020 as the pandemic saw fewer customers needing to sell their assets, the...
Labour calls for ‘level playing field’ between online and high street retailers
Labour is urging ministers to create a “level playing field” between high street retailers and online sales giants such as Amazon.
Campaigning in Birmingham ahead...
Deliveroo aims for £8.8bn listing
Takeaway company Deliveroo is expected to be valued at up to £8.8 billion when it starts selling its shares on the stock exchange in...
DIY boom sees profits at B&Q owner soar more than 600%
The owner of B&Q has cashed in on a DIY boom as millions of people stuck at home tried to improve their living conditions.
Kingfisher...
Hygiene, pet stores, outsourcers and builders – business winners from pandemic
The Covid-19 crisis saw some obvious business winners emerge from the pandemic as workers were forced to stay at home as high streets and...
Halfords snaps up Kent-based tyre specialists for £15m
Halfords has paid £15 million to buy a motor services company in the South East of England which specialises in changing tyres on cars...
Dramatic change to shopping habits since first lockdown, say retail leaders
Shopping habits have “changed dramatically” a year on from the first empty shelves and shuttered high street stores, according to retail experts.
Helen Dickinson, chief...
Consumer confidence showing ‘green shoots’ of recovery
Consumer confidence is showing “green shoots” of recovery on the back of well-received Budget announcements, the successful vaccine rollout and roadmaps in place for...
Asda chief executive to step down following billion-pound buyout
Asda’s chief executive has said he will step down next year following a billion-pound buyout of the firm.
Roger Burnley said he will leave the...