All City & finance articles – Page 11
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NewsGousto revenues grow as it delivers third consecutive year of profitability
Recipe box retailer Gousto has reported its third consecutive year of profitability, with EBITDA and sales both growing.
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InterviewGreggs CEO Roisin Currie on prices, first international store and youth employment
After Greggs today announced it was packing its bags for Tenerife for the first time, its chief executive also discussed the ongoing Middle East conflict, price rises, and youth employment.
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NewsBrandAlley explores potential sale of the business
Members-only ecommerce platform BrandAlley is exploring its strategic options, which could result in a sale of the business.
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NewsWickes sees like-for-like retail revenue soften despite volume growth
The DIY retailer said like-for-like group revenue was broadly flat at £537m, down -0.1%, in the 17 weeks to April 25, 2026 against the same period last year.
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NewsSun, sea and sausage rolls as Greggs opens first travel store outside UK
The British baker is set to open a branch in Tenerife South Airport in partnership with Lagardère Travel Retail.
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NewsShoe Zone cuts profit forecast following fallout from Middle East tensions
Shoe Zone has posted a first half loss and abandoned its profit target, blaming weak consumer confidence, rising shipping costs and the fallout from Middle East tensions.
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NewsConsumer confidence sees biggest quarterly fall since summer 2022
The PwC consumer sentiment survey showed that confidence has now hit its lowest level since autumn 2023.
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NewsTGJones could collapse into insolvency by summer
Modella Capital has told creditors to back its restructuring proposals or risk the business collapsing into insolvency by the end of July, according to restructuring plans seen by Retail Week.
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AnalysisTGJones’ restructuring plan reveals a business’ desperate fight for survival
Retail Week has seen the restructuring plan put forward to creditors and landlords by TGJones owner Modella Capital. The details make for grim reading.
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Opinion‘Almost no one thinks about how to invest in retail’
Private equity is looking elsewhere, and many investors show no interest in small and mid-sized retailers, but True co-founder Matt Truman sees opportunity in the industry
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AnalysisIs fashion underestimating its exposure to the Middle East conflict?
The ongoing conflict in the Middle East is creating turbulence across the fashion industry, with Next warning the troubles would cost the business three times more than what it had previously estimated.
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NewsTGJones owner details restructuring proposals putting stores and jobs at risk
Modella, the owner of TGJones, has launched a restructuring plan involving the shuttering of up to 150 branches and hundreds of job losses.
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NewsZalando cites AI and About You integration for double-digit revenue increase
Fashion retailer and tech provider Zalando has said revenue was up by 23.8% in the first quarter of the year, with adjusted EBIT reaching €65m.
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NewsNext to raise overseas prices due to Middle East conflict
Fashion giant Next has said it will implement “moderate” price increases in some international territories and pair them with “operational cost savings”.
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AnalysisExplainer: GameStop’s eBay takeover offer – and why it may not be a goer
Disclosing a surprise bid for eBay, GameStop said the marketplace could be “a legit competitor to Amazon”. But there are big questions about the likelihood of a deal.
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NewsCastore targets international growth with new £90m funding
Sportswear brand Castore is ramping up plans to expand internationally after securing a new £90m credit facility with its banking partners.
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NewsTGJones closes in on debt refinancing deal
TGJones, the rebranded WHSmith high street business, is nearing a refinancing of debt facilities, it is understood.
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NewsGameStop launches $56bn takeover bid for eBay
US games specialist GameStop has unveiled an offer for ecommerce giant eBay.
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NewsCastore boss hails ‘strong performance’ despite deepening losses
Sportswear retailer Castore’s boss Tom Beahon has hailed another “strong performance” from the business, despite posting deepening losses for the year.
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NewsModa in Pelle owners hire external advisers to ‘review financial position’
The majority owners of footwear retailer Moda in Pelle have appointed advisers to “actively review the company’s financial position, including its solvency”, according to internal emails seen by Retail Week.