UK online car seller Cazoo has agreed to float on the stock market in New York in a listing that will value it at around £5 billion (seven billion US dollars).
The company, which was founded just over two years ago by prolific tech entrepreneur Alex Chesterman, will go public through a merger with a blank-check acquisition company led by...
Deliveroo has said it will price shares for its highly anticipated stock market listing towards the bottom of its price range due to “volatile” market conditions.
It comes after a week in which a raft of leading fund managers said they will reject the listing – which could be the UK’s biggest for a decade – amid concerns over workers’...
Brands should anticipate a surge in spending over the coming weeks, as today's lifting of restrictions marks the start of a season of shopping for consumers – with interest in going out garments and holiday accessories set to soar amongst the old and the young.
That’s according to fresh new consumer research carried out by eBay Ads UK, which reveals...
OnBuy.com has announced the appointment of Mark Lister as Chief Commercial Officer as part of a series of C-suite hires.
Mark Lister brings over 20 years’ commercial experience to the role, including expertise in the eCommerce and marketplace sector built over the past 12 years. Before being headhunted to grow a marketplace in Kuwait, Mark held the position of Senior Director...
Online bathroom retailer Victoria Plum has announced that its sales rose by a record 46 per cent to £103m for the year ended 28 February 2021.
In addition, the Doncaster, South Yorkshire, headquartered business saw its EBITDA increase by 115 per cent to £4.5m. Over the same period, the company grew its headcount from 349 to 398.
2021 marks Victoria Plum’s...
Retail campaigners are calling for an Eat Out to Help Out-style scheme to boost the tills of beleaguered independent shops after they finally reopen on April 12.
The campaign group Save The Street, backed by figures including retail expert Mary Portas and beauty entrepreneur Charlotte Tilbury, have called on Chancellor Rishi Sunak to support the sector by offering customers 50%...
The London markets jumped higher as sentiment improved at the end of a turbulent week for traders.
UK investors were calmed by February’s retail sales figures which unveiled a partial recovery, with sales volumes jumping 2.1% against the previous month although were still 3.7% below the same period last year.
The FTSE 100 closed 65.76 points, or 0.99%, higher at 6,740.59...
Next is set to reveal that its profits were cut by more than half last year after its stores were shuttered by lockdown measures.
However, investors are banking that the company will recover strongly as restrictions continue to ease, with its share price more than doubling in the past 12 months despite the pandemic.
The retailer has consistently upgraded its profit...
Jessops, the camera retailer owned by Dragons’ Den’s Peter Jones, has filed a notice to appoint administrators after it was badly hit by lockdown restrictions.
The company, which was bought by Mr Jones’s PJ Investment Group in 2013, currently employs 120 staff and runs 17 stores.
It has hired insolvency specialists FRP and said it is now considering a Company’s Voluntary...
Sports Direct owner Frasers Group has bought a retail part in Wigan as it looks to expand its property operations.
The Mike Ashley-led retail vehicle has said it acquired the Robin Retail Park in Wigan for an undisclosed sum.
It told investors that the move demonstrates its commitment to “investing and elevating bricks and mortar retail”.
The retail park, which has a...
FREE DOWNLOAD
