B&M To Open 50 More Stores After Strong Year; Plays Down...
Value-orientated chain B&M has defied the tough trading conditions in the retail sector by posting robust annual results, buoyed by new store openings and...
Sales And Profits Slide At M&S But Food Business Showing Signs...
As expected, Marks & Spencer has posted a fall in annual sales and profits as it continues to implement a major turnaround programme. Management...
Tough Comparisons Hit Sales At Waitrose
Total sales at Waitrose slipped 2.1% year-on-year over the week to 18 May, with the chain blaming tough comparatives with the same period last...
Majestic Wine Confirms It Is Looking At Selling Entire Retail Estate
A number of investment groups are eyeing Majestic Wines’ 200-strong retail estate following the announcement in March that the company plans to build its...
CEO Of WH Smith Stepping Down; Travel Unit Drives Rise In...
WH Smith’s Chief Executive Stephen Clarke will step down at the end of October after six years in the role. He will be replaced...
Brexit Uncertainty Curtails M&A Activity In Retail Sector
The number of merger and acquisition (M&A) deals in the UK retail sector has fallen by 24% in the last year, as firms delayed...
M&S Accelerating Store Closure Plans
Ahead of what are expected to be poor annual results from Marks & Spencer, it has been reported that the retailer is accelerating its...
Leading Irish Off-Licence Chain Enters UK Market
It has been revealed that O’Briens, Ireland’s largest family-owned off-licence chain, has moved into the UK market.
According to the Irish Times, the firm quietly...
Ashley Seeks Support For Legal Challenge To Debenhams’ Rescue
Mike Ashley’s Sports Direct group is trying to muster support for a legal challenge to a Debenhams restructure package that was given the green...
Another Disappointing Week For Waitrose
Total sales at Waitrose slipped 3.5% year-on-year over the week to 11 May, with the chain blaming comparatives with a much warmer week in...
