River Island Closing 33 Stores in January Restructuring
High street fashion chain River Island will close 33 UK stores by end of January 2026 as part of a court-approved restructuring plan. See the full list of affected locations.
Category : Search result: retail profits
Oliver Bonas announces new UK store openings and relocations
Oliver Bonas reveals a wave of new store openings and relocations across England and Scotland before year-end, with 20 more planned for 2025. Discover the full list of locations.
Boxing Day 2025: Shopper Numbers Up 4.4%
Boxing Day proved a 'bumper day' for UK retail as footfall jumped 4.4%, the strongest increase in over ten years. Discover how high streets, retail parks, and coastal towns performed.
Boxing Day footfall jumps 4.4% in biggest surge for 10 years
Boxing Day 2024 delivered a bumper boost for UK retailers, with footfall up 4.4% in the strongest rise for over a decade. Discover where and when shoppers flocked for bargains.
Telford retail park bids to increase unit size for superstores
British Land applies to boost maximum store size at Telford Forge Retail Park to attract larger retailers, aiming to secure long-term tenancies and support the local economy. Read the full details.
Major UK Shoe Chain Axes 100 Jobs After Sales Plunge
VF Corporation, owner of Vans and The North Face, axes nearly 100 UK jobs after a 10% sales drop. Turnover falls to £321.5m as consumers cut spending. Read the full financial analysis.
Mothercare Plans Rebuild After £1.4m Loss and Sales Fall
Mothercare announces plans to rebuild its UK and global operations despite posting a £1.4m loss and a 25% sales drop. The retailer says it has 'stabilised' and is seeking a new CEO.
Next and Currys warn new worker rules will cut jobs
Retail leaders warn Labour's new workers' rights legislation will lead to fewer jobs and hurt high streets. Read the full industry reaction and analysis.
Scope to close 77 charity shops by March 2026
Disability charity Scope announces plans to close 77 of its 138 UK shops, including in Birmingham, to save £4m. The high street faces rising costs and a shift to online.
Matches Fashion set for UK return in 2026
Matches Fashion is set for a comeback in Britain next year under new owners Joe Wilkinson and Mario Maher. Discover their vision for the revived luxury brand.
River Island to close 33 stores in UK rescue plan
River Island will close 33 UK stores by January's end as part of a restructuring plan to save its retail business. See the full list of affected locations.
High Street Decline: Retail Footfall Falls in November
New data reveals a 0.8% year-on-year drop in UK retail footfall last month, driven by Autumn Budget tax fears and poor weather. Industry leaders call for a new high street revival plan.
Welsh shopper numbers fall in November, data shows
New figures reveal a 0.4% year-on-year drop in Welsh retail footfall for November, with Cardiff among the hardest-hit UK cities. Retailers now pin hopes on a December surge.
Black Friday slows UK shop price inflation
Black Friday sales led to a slowdown in shop price rises across the UK high street in November, new data reveals. Discover how consumer deals impacted inflation.
McArthurGlen West Midlands to Add 25 New Stores
McArthurGlen Designer Outlet West Midlands is expanding from 75 to 100 stores, creating up to 500 new jobs by 2027. Discover the latest retail growth in Cannock.
Pets at Home profits slump 33.5% in worrying report
Pets at Home reports 33.5% profit drop as retail business struggles. Bosses announce urgent action plan including £20 million cost-cutting programme to revive the 34-year-old chain.
Pets at Home profits fall over a third, urgent action needed
Pets at Home warns urgent measures are needed to revive its retail division after profits fell by 33.5%. The group is returning to its retailing roots with a new turnaround plan.
Next uses AI scanners to combat shoplifting
Next implements AI 'Thruvision' technology detecting stolen goods hidden in clothing. The system uses body heat detection and has already reduced theft in warehouses. #RetailSecurity
Babcock profits jump 19% in strong first half
Defence giant Babcock reports a 19% profit rise to £201.1m, driven by nuclear and marine sectors. The FTSE-100 firm confirms it's on track to meet full-year targets. Read more.
River Island to Close Altrincham Store Amid Restructuring
River Island is shutting its Altrincham store in a major restructuring plan, with 71 more UK locations at risk. Discover the full list of closures and the reasons behind the high street exodus.
Nando's Opening 14 New UK Restaurants in Expansion
Nando's confirms 14 new UK locations after revenue hit £1.48bn. Get the full list of new restaurants opening near you and the business story behind the expansion.
Nando's to open 14 UK restaurants as profits soar
Nando's is accelerating its UK expansion with 14 new restaurants after reporting a surge in profits. Discover the full list of new locations and the chain's growth strategy.
Claire's closes Richmond store amid UK administration
Claire's accessories store vanishes from Richmond high street as part of major closures following US bankruptcy and UK administration. Find your nearest store.
Jet2 boosts profits as customers book holidays later
Jet2 reports strong financial growth with profits expected to hit £453m, driven by later bookings and viral online marketing. Discover how the airline adapts to changing consumer behaviour.
WH Smith CEO quits after £50m US accounting error
WH Smith's CEO steps down after a major accounting failure in its North American arm wiped £600m from market value. Discover the full story and the company's recovery plan.
Stelrad expects profit rise despite subdued market
Radiator manufacturer Stelrad anticipates 2025 operating profits of £32m-£33m, overcoming a challenging market through strategic restructuring and cost management.
PM pledges to claw back asylum hotel excess profits
Prime Minister Keir Starmer pledges to recover millions in 'excess profits' made by asylum hotel contractors, following a BirminghamLive investigation into a Sutton Coldfield hotel. Read the full story.
New M&S and Greggs drive-thru approved for Burton
Plans for a major expansion of Shobnall Retail Park in Burton have been approved, bringing a new M&S, a drive-thru Greggs, and a 24-lane bowling alley. The development will create 150 jobs and add 400 parking spaces. Discover the full details of this exci
Pieminister closes online shop ahead of Black Friday
UK pie chain Pieminister is temporarily shutting its online store before Black Friday to prevent delivery problems and food waste. Orders resume from December 2.
Man injured and cars smashed in Birmingham fracas
Armed police raced to a Birmingham retail park after a violent disorder left one man injured and multiple cars damaged. The incident occurred in the early hours of Sunday morning. Contact police with information.
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