Card Factory strikes £225m refinancing deal as sales beat expectations
Card Factory has said initial sales have “exceeded expectations” since reopening stores as it completed a £225 million refinancing deal.
However, shares in the company...
Consumer confidence rebounds to pre-lockdown levels – survey
Consumer confidence has bounced back to its pre-pandemic level as the easing of restrictions boosted the financial mood of the nation, a long-running survey...
HSBC UK is planning to open branches for longer from next month
HSBC UK is planning to extend the opening hours of its branches in June, after previously reducing them during the coronavirus pandemic.
The extension would...
Retail sales soar as shoppers welcomed back to stores
Retailers enjoyed a surge in spending as shoppers flocked to high streets following the easing of restrictions that saw non-essential stores reopening after the...
Games Workshop hands £12m to staff after bumper year
Around 2,500 staff at retailer Games Workshop have landed share bonuses worth £12 million thanks to soaring profits as demand surged among locked-down hobbyists.
The...
B&Q owner upgrades profit outlook as it rides DIY boom
B&Q owner Kingfisher has hiked its half-year profit outlook after seeing sales soar as the DIY boom shows no sign of slowing.
The group’s B&Q...
Final Debenhams stores shut as chain’s 243-year history ends
Debenhams has shut its doors for the final time in its 243-year history.
The historic department store chain has closed its remaining 28 stores across...
Poundland owner valued at £4.3bn in stock market float
The owner of Poundland has been valued at around £4.3 billion (5 billion euros) ahead of its stock market debut.
Pepco, which also owns the...
The Works sees online sales dip after shops reopen
Online sales are still high, despite dipping when lockdown restrictions eased to allow stores to open, hobby shop The Works said on Friday.
The business...
Historic London retailer Arthur Beale to close store after 150 years
One of London’s oldest shops is to shut its doors for a final time after it said it was unable to pay its rent...