The Works Sees Profit Uplift after Successful Turnaround Strategy
In a recent announcement, The Works, a well-known retailer, has increased its future profit expectations, projecting an adjusted EBITDA...
The Works
The Works Beats Profit Outlook Amid Turnaround Progress
The Works, a retailer focused on affordable activities, has exceeded its profit expectations with an adjusted EBITDA of £9.5m,...
UK Retail News Roundup: Job Cuts, Expansions, and Revenue Shifts
Morrisons plans to cut over 200 jobs as part of a restructuring effort, while Iceland announces 600 new job...
The Works Maintains Guidance Amidst Declining Like-for-Like Sales
The Works reports a 1.3% rise in total revenues to £124.2m in the first half of FY25, despite a...
The Works Reports Narrowed Losses and Modest Revenue Growth Amid New Strategy Implementation
Arts and crafts retailer The Works has reported a modest increase in revenue and narrowing losses for the first...
The Works Launches Donation Scheme with Barnardo’s for Pre-Loved Toys, Games, and Books
The Works partners with children's charity Barnardo's to launch a donation scheme for pre-loved or new toys, games, and...
UK Companies’ Financial Updates and Strategic Moves
Mulberry rejects a £83m acquisition bid from Frasers, claiming it undervalues the company's potential, as they focus on CEO...
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...
UK Business Updates: Acquisitions, Profitability, and Market Challenges
Zuber Issa is set to acquire the UK arm of EG Group, excluding Cooplands bakery, certain Starbucks outlets, and...
The Works Expects Profitability Return after Cost-Cutting Measures and AIM Transfer
The Works, a retailer that specializes in arts and crafts supplies, anticipates returning to profitability in the new financial...