All City & finance articles
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NewsFreemansâ owner canvasses buyer interest
International retail giant Otto Group is soliciting buyer interest in its Freemans online business, Retail Week can reveal.
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NewsSaks Global wins court approval for $400m rescue financing
Iconic American department store chain Saks has obtained approval from a US bankruptcy judge to draw on $400m (ÂŁ299m) in new financing despite objections from its estranged business partner Amazon.
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NewsVery Group reports âresilientâ peak trading driven by toys, home and beauty
The Very Group has reported a âstrong and resilientâ festive trading period as toys, home and beauty saw the strongest sales.
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NewsAmazon set to close Milton Keynes fulfilment centre
The online retailer is due to offer workers the chance to transfer to a different site as it opens a consultation on closing what was its first UK centre
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NewsDunelm has âsofter than anticipatedâ golden quarter
The homewares retailer blames the âongoing challenging macroeconomic environmentâ as it said profit before tax will now come in at the lower end of consensus expectations
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OpinionâAre we looking at the first GLP-1 festive season in the UK?â
While supermarkets sold millions of confectionery tubs and mince pies at Christmas, growth trajectories may be permanently changing as new behaviour takes hold observes Shore Capitalâs Clive Black
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NewsIconic department store group Saks files for bankruptcy protection
Saks, one of the most famous retailers in the world, has sought Chapter 11 bankruptcy protection as it seeks to establish âa strong and stable futureâ.
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NewsMulberry records growth across all markets as strategy starts to deliver
UK luxury fashion brand Mulberry has recorded revenue growth across all markets as its ongoing new strategy is starting to pay off.
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NewsProCook sees record peak season trading and gains in market share
Specialist kitchenware brand ProCook has recorded its best ever peak trading season as well as significant gains in market share.
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NewsFortnum & Mason beats tough market to post profit surge and strong Christmas
Food specialist Fortnum & Mason has unveiled a strong financial performance, âdespite challenging times for consumers in the UK and beyondâ.
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NewsThe Perfume Shop reports sale increase driven by gifts and personalisation
The Perfume Shop has reported a rise in sales over the festive period as gift sets and personalisation services were popular.
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NewsShoe Zone suffers fall in profits in challenging year
Shoe Zone has reported lower full-year profits and cautioned that the new financial year is off to a tough start.
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NewsTHG âfinishes year on a highâ as seasonal sales climb
Health and beauty retailer THG has posted âstrongâ sales in the final quarter of its financial year.
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NewsHobbycraft Christmas sales rise driven by festive products
Specialist crafts retailer Hobbycraft has reported growing sales over its Christmas trading period as festive products helped drive sales.
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NewsTikTok Shop reports âbest-performingâ Christmas trading yet
Online platform TikTok Shop has reported its best-performing Christmas trading period to date as appetite for discovery commerce continues to grow, Retail Week can reveal.
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NewsSpace NK sees ârecord breakingâ peak trading with strongest ever Black Friday
Beauty retailer Space NK has seen a ârecord-breaking peak periodâ between November and December 2025 with its biggest ever sales week over Black Friday, Retail Week can reveal.
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NewsNext executive Jane Shields retires
The companyâs group sales, marketing and HR director joined the retailer as a sales assistant in 1985. She will retire from the company and step down from its executive board in May.
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NewsOwner of Very Group to launch ÂŁ2bn auction of the company â reports
Private equity firm Carlyle, which took control of Very just months ago, is looking to sell the online retailer, according to Sky News.
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NewsMajestic Wine sees pre-tax profits slump by almost 50%
Majestic Wine, the UKâs largest specialist wine retailer, has reported a fall in pre-tax profits of almost 50%, according to newly posted accounts to Companies House.
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InterviewQ&A: Greggs boss discusses recent successes, the consumer environment, and weight loss jabs
Greggs reported its fourth quarter and full year results for the 52 weeks to December 27 this morning, with year-on-year sales growing 6.8% to ÂŁ2.2bn.