Tag: Retail and leisure
9 months ago
cityam.com

No more KFC on Deliveroo as the Colonel chases 'better commercials'

Fried chicken favourite KFC is ending its relationship with Deliveroo in a blow to the London-listed delivery outfit'...

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10 months ago
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Christmas cheer not enough to save pubs from winter pain, sector warns - CityAM

A festive boost in trading this Christmas will not be enough to save the UK pubs industry, sector heads have warned.

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12 months ago
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Food inflation slumps to lowest level this year

Food inflation has slipped to its lowest level this year and has fallen for the third month in a row, data out today ...

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over 1 year ago
cityam.com

Starbucks faces pressure from German giant Allianz to overhaul approach to unions

Starbucks today faced mounting pressure over its approach towards unions after German financial services giant Allian...

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over 1 year ago
cityam.com

Exclusive: High Street queen Mary Portas says retail's 2022 race to the bottom is finally over

City A.M. sits down with the 'Queen of retail', or Madam High Street, retail consultant and broadcaster Mary Portas.

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over 1 year ago
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Puttshack and Bounce chief: Pubs and restaurants urged to 'get creative' instead of expecting gov...

The government can only do so much to help hospitality businesses amid turbulent times, with firms needing to “get cr...

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over 1 year ago
cityam.com

How the Chinese New Year and covid rule changes could give a tourism boost to London's West End

London’s West End is looking forward to the return of Chinese tourists this month, after the easing of the nation’s z...

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over 1 year ago
cityam.com

Pubs: As record number predicted to go bust in 2023 hospitality guru urges gov to lift sector fro...

A record number of pubs, clubs and restaurants could go to the wall this year without more support, warned a leading ...

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over 1 year ago
cityam.com

Next boss Lord Wolfson: London's High Streets had ‘more to worry about’ four years ago despite lo...

Next boss Lord Wolfson has “less reason to worry about the high street” compared to a few years ago, on the tail of a...

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over 1 year ago
cityam.com

Boots: 'Lipstick effect' boost to sales as cash-strapped shoppers help chemist post record-breaki...

High street stalwart Boots saw sales jump in its stores over its Christmas trading period, as the return of tourism a...

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over 1 year ago
cityam.com

Greggs: Baker on a sausage roll as it plots further expansion across UK

Greggs has said it is on track for 150 net new stores this year as its value-proposition protects it from a wider con...

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over 1 year ago
cityam.com

Next: Prices to rise in the spring - but boss hopeful inflation will ease in second half

Next has warned it will lift prices further in the spring as the retailer's chief said he was optimistic that inflati...

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over 1 year ago
cityam.com

Dry January: Pub bosses call on Brits to do their duty and get down the local - even if it's for ...

Publicans have issued a rallying cry for punters to continue to back their local boozer this month as the industry ba...

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over 1 year ago
cityam.com

Third of global economy will be in recession this year, IMF boss warns

A third of the world economy will be in recession this year, according to a bleak warning from the boss of the Intern...

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almost 2 years ago
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Exclusive: Grind's CEO on taking his cult London coffee chain across the pond to conquer America

Londoners may recognise the Grind coffee brand. There are currently eight branches around the capital and a 15,000 sq...

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almost 2 years ago
cityam.com

Exclusive: Grind teams up with Soho House to conquer the States as coffee brand opens first branc...

City A.M. can reveal this morning that cult London coffee brand Grind has opened its first site outside the UK by tak...

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almost 2 years ago
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Revolution Beauty to suspend trading as it fails to complete audit once again

Revolution Beauty has said it will suspend trading of its ordinary shares as the retailer fails to complete its audit...

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almost 2 years ago
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Joules pushes back against rumours that Next rescue deal has soured

Joules has pushed back against reports that discussions with Next over a rescue deal have soured.

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almost 2 years ago
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Store closures at lowest rate in seven years as high street bounces back

Store closures are at the lowest rate in seven years, despite the increasing pressure on the high street.

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almost 2 years ago
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Cineworld landlord files winding up petition against cinema chain

One of Cineworld’s landlords has sent a winding up petition to the cinema chain following several High Court claims. ...

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almost 2 years ago
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M&S faces boycott over gender changing room row

Calls have been made to boycott M&S after the retail giant said customers could decide which changing room they wante...

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almost 2 years ago
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You wonk believe it: Lidl and Waitrose welcome misshapen fruit and veg amid drought conditions

Both Waitrose and Lidl have come out this week to announce that they would be relaxing size and shape guidelines for ...

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almost 2 years ago
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Cineworld shareholders 'will get zero', says short seller

Cineworld was “run on a wing and a prayer” and will leave shareholders with nothing if it files for bankruptcy in the...

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almost 2 years ago
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Iceland boss: Absence of government support on energy bills risks job losses and bankruptcy for f...

Iceland boss Richard Walker has called on ministers to issue more support for businesses struggling with sky-high ene...

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almost 2 years ago
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Pubs face winter 'extinction' with some operators facing energy bill increases of 500 per cent

Pub landlords are facing an “extinction” this winter as a majority of operators said they feared being forced to shut...

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almost 2 years ago
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Co-op appoints Shirine Khoury-Haq as first female chief in 159 years

The Co-op has appointed its former chief financial officer and interim boss Shirine Khoury-Haq as group CEO. The grou...

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almost 2 years ago
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Shoppers spend more at convenience stores this summer while volume sales at large grocers dip

Convenience stores have seen sales buoyed this summer, as shoppers coughed up £3.6bn on groceries in them over the pa...

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almost 2 years ago
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Iceland to launch energy price labelling on food as households battle sky-high energy bills

Iceland will launch energy saving cooking guidance on packaging this autumn, as it partners with an energy firm on pr...

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almost 2 years ago
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30-min weekly shop: Uber Eats and Co-op team up for rapid delivery service

Co-op and Uber Eats are partnering up for a speedy service as the grocery sector’s battle for convicent delivery hots...

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almost 2 years ago
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WH Smith chair Henry Staunton lined up as new Post Office head

The UK government is lining up outgoing WH Smith chairman Henry Staunton to head the Post Office, as it seeks to navi...

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almost 2 years ago
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Barrio Familia snaps up 'world's largest tequila bar' in Covent Garden

Barrio Familia has bought the world’s largest tequila bar, the former Tropicana Beach Club in Covent Garden. It is th...

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almost 2 years ago
cityam.com

Cineworld seeks potential restructuring to deal with £4bn debt burden

Cineworld has said it is looking to gain liquidity and potentially restructure its balance sheet through a “comprehen...

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almost 2 years ago
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M&S doubles down on plans to demolish Art Deco Oxford St store

M&S is doubling down on its plans to demolish its flagship Marble Arch store, as its CEO describes a trip to Oxford S...

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almost 2 years ago
cityam.com

Amazon slows down expansion of Fresh checkout-free stores

Amazon has reportedly slowed down its rollout of checkout-free supermarket stores, as economic turmoil looms. The tec...

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almost 2 years ago
cityam.com

Cineworld share price plunges over 50 per cent amid bankruptcy reports

Cineworld’s share price has plunged more than 53 per cent today amid reports it is filing for bankruptcy. Investors b...

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almost 2 years ago
cityam.com

Bosses at Joules brace for 'significant loss' in pre-tax profit this year

Bosses at retailer Joules are bracing for a “significant loss” in profit in the first half of this year, as inflation...

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almost 2 years ago
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Just Eat sells £1.5bn stake in Brazilian food delivery giant

Delivery giant Just Eat Takeaway has sold its stake in Brazilian counterpart iFood for €1.8bn (£1.5bn) to local inter...

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almost 2 years ago
cityam.com

UK retail sales recover with the lure of summer promotion deals despite inflation

Retail sales have recovered since June, as penny pinching Brits seek to navigate worsening inflation, according to of...

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almost 2 years ago
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Soho House owner cuts yearly forecast despite buoyant UK membership

The company behind Soho House has slashed its yearly forecasts even as its UK membership has soared. Membership Colle...

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