Quiz is navigating financial challenges after warning it might run out of cash following poor trading results.The company has engaged advisors to explore financial and strategic…
Browsing: Retail
John Lyttle, former CEO of Boohoo, stepped down earlier this year following severe accusations.Claims of stalking and ‘corporate espionage’ led to Lyttle’s resignation after a five-year…
The recent Budget has significantly impacted the UK retail sector, prompting urgent strategic adjustments.Retailers voiced concerns about rising operational costs influenced by the Budget’s new tax…
M&S’ long-awaited redevelopment of its iconic Marble Arch store has been approved, marking a significant step forward for the retailer.Initially proposed in March 2021, the redevelopment…
The redevelopment of M&S’s Marble Arch store has been approved, ending years of delays.The new plan includes demolishing existing structures to create a mixed-use development.M&S’s new…
The upcoming cost increases from the recent budget are causing concern among UK businesses.Morrisons CEO Rami Baitieh has appealed for a more gradual approach to the…
The grocery sector is on the brink of significant transformation, with online and discount channels set to lead growth.Economic factors and evolving consumer behaviors are at…
Morrisons CEO Rami Baitieh has highlighted the pressures faced by UK retailers due to impending Budget business costs.Retailers are grappling with new financial pressures from business…
Supermarkets are facing supply limitations on Guinness due to soaring demand.Diageo, the owner of Guinness, is rationing distribution to manage the rising popularity of the beverage.The…
Frasers Group and B&M have been removed from the FTSE 100 index as part of FTSE Russell’s quarterly updates.Both companies have been shifted from the FTSE…