Quiz Eyes Store Closures Amid Financial Struggles
In a bid to cut costs and stabilize its business, fashion retailer Quiz is reportedly considering closing up to...
costs
The Works Reports Flat Sales, Declining Profits but Positive Outlook for Christmas
The Works, a value retailer, reports flat sales and declining profits for its last financial year due to challenging...
Walmart and Amazon’s Fast Delivery Race: Stores vs. Fulfillment Networks
In a recent development, Walmart's same-day and next-day deliveries have surpassed Amazon's in volume over the past year, with...
The Works Completes Move to AIM
**Lead:** The Works has successfully transitioned from the London Stock Exchange to AIM, marking a significant milestone for the...
Shoe Zone CEO Steps Down, Retailer Faces Challenges
**Lead:** Shoe Zone's chief executive, Anthony Smith, is stepping down from the company's board to focus on the day-to-day...
Government Regulations Impact Food Industry Costs and Businesses
Iceland, a British food business, has warned that government red tape and regulations are driving up costs for businesses....
Wilko Explores CVA to Reduce Costs Amidst Struggling Performance
Wilko, the struggling discount chain, is considering a company voluntary arrangement (CVA) to renegotiate rents and potentially close stores...
UK Economy Growth Slows to 0.2% in July
In a recent report by the Office for National Statistics, the UK's economy grew at a slower pace of...
Greggs Overcomes Supply Chain Challenges with Strong Q3 Performance
In the face of ongoing challenges, Greggs reports a strong Q3 performance, with a 3.5% increase in like-for-like sales...
Co-op Anticipates £200m Increase in Costs Amid Covid-19 Crisis
In a recent announcement, the Co-op has warned that the Covid-19 pandemic is expected to increase its costs by...