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Fortnum and Mason profits grow for sixth consecutive year About 6 years ago

Fortnum and Masons have said that its sales and profits have grown for a sixth year. Overall sales in the year ending July 2018 were up by 12% to £126 million.  Profits also rose by 26% to £9.6 million. This marks the sixth consecutive year of double digit sales growth. The growth has...

Morphe open second UK site in Birmingham About 6 years ago

Morphe Cosmetics has chosen Birmingham’s Bullring shopping centre for its second UK site. The 3,300 square foot store is situated on the middle level of the Bullring and stocks Morphes full range of professional grade make up and brushes. The store also features a backstage studio that will be used for educational...

Sainsbury’s to introduce ‘wellness hubs’ in selected stores About 6 years ago

Sainsbury’s is strengthening its wellness and sports nutrition offering by introducing ‘wellness hubs’ in selected stores. This will help the supermarket compete with the likes of Planet Organic and Holland and Barrett. The UK’s wellness market is on track to reach £12.4 billion by 2020. Sainsbury’s have said that the move will mean that...

HEMA sold to Ramphastos About 6 years ago

Ramphastos has completed the acquisition of HEMA from Lion Capital, after the deal was approved by the Dutch Authority for Consumers and Markets. Ramphastos’ plans for the company include further investments its ecommerce offering and also into HEMA’s core markets in Belgium and Netherlands.  They also plan to accelerate its international...

John Lewis launches click and collect trial with Booths About 6 years ago

John Lewis has launched a click and collect trial in certain Booths stores. Booths will offer the service at their stores in Garstang, Ilkley, Settle, St Annes and Media City in Salford. The trial is a way for John Lewis to explore the possibilities of expanding their next day collection service in...

Restaurant Group acquire Wagamama About 6 years ago

Restaurant Group’s takeover of Wagamama has been approved by 60% of the shareholders.  The deal is worth £559 million, and includes all of Wagamama’s debts.  Shares in the Restaurant Group, which owns the Frankie and Benny’s and Garfunkel’s chains, were down 13% at 205p once the deal had been approved. Debbie Hewitt, the...

Weekday ready to expand into Iceland and Luxembourg About 6 years ago

Weekday, which is owned by H&M, is set to open its first stores in Iceland and Luxembourg next year. The Iceland store will be located in Smaralind, which is Iceland’s largest shopping centre. The first Luxembourg store will be located in La Cloche d’Or shopping centre, which is in the heart of the...

Intu takeover bid falls through About 6 years ago

Intu has confirmed that the consortium that was bidding to take over the shopping centre, has now said that they won’t be able to proceed. The consortium, consisting of the Peel Group, the Olayan Group and Brookfield Property Group, said in a statement that they would not be able to make...

Amazon eye potential offloaded stores from Sainsbury’s and Asda merger About 6 years ago

Amazon could be keeping a close eye on some of the stores that will be offloaded during the Sainsbury’s and Asda merger. Amazon told the competition watchdog that acquisitions and investment into the UK grocery market are possible. Amazon took their first steps into the food stores when they bought Whole foods...

John Lewis reports record breaking sales week About 6 years ago

John Lewis saw sales grow by 7.7% year-on-year last week, which was its biggest ever sales week. This was heavily down to the retailers Black Friday offers and also the fact that they offered a price match of competitors through its Never Knowingly Undersold policy. It has said that both the website...

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