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Supreme opens store in Milan 6 days ago

Supreme has opened its first store in Italy in the Brera shopping district of  Milan. Situated in a corner unit on Corsa Garibaldi, the 1,080 square foot space features six floor to ceiling windows, walls decorated with murals designed by US pop artist Nate Lowman and sculptures by Mark Gonzales. Selling Supreme’s...

Wendy's plans return to the UK after 20 years 6 days ago

America's second largest burger chain is returning to the UK after 20 years with a promise to steal market share from rivals McDonald's and Burger King. Wendy's, famous for square burgers, plans to open up to 400 outlets nationwide creating at least 12,000 jobs, although that could take many years, it said....

Waitrose is to create up to 400 jobs About 1 week ago

Waitrose has announced that it is to create up to 400 jobs through the expansion of its Deliveroo service to 110 new shops across the UK. The move means the service will be operating in 150 Waitrose shops by the end of the summer and will take the number of people...

Sainsbury’s posts full year statutory pre-tax loss About 1 week ago

Sainsbury’s has posted a full year statutory pre-tax loss of £261 million after it incurred £485 million worth of Covid-19 related costs and sold less fuel during the pandemic. This was despite retail sales climbing by 7.8% to £28.8 billion when fuel was excluded. In the year to 6 March, grocery and...

Zara launches cosmetics line About 1 week ago

Zara has launched its own cosmetics line called Zara Beauty. Available worldwide, the range is housed in its own section in-store and will also be sold online from 12 May in Europe, the US, Canada, China, South Korea, Japan, Mexico, Australia and New Zealand before gradually being rolled out elsewhere....

Boohoo sees full year pre-tax profit rise About 1 week ago

Online fashion retailer Boohoo has seen its full year pre-tax profit rise by 35% to £124.7 million after achieving strong revenue growth across all of its territories. In the year to 28 February, group revenue climbed by 41% to £1.745 billion as UK sales rose by 39%. International sales were also...

SCRUBD expands into the global travel market About 1 month ago

The SCRUBD men’s skincare company is to expand into the duty-free and travel retail sector. The luxury brand currently trades in nine markets worldwide including the US. SCRUBD has hired retail property consultancy Harper Dennis Hobbs to assist with the expansion to enable it to attract new travel and duty-free audiences. The...

Majestic accelerates store expansion programme About 1 month ago

Wine retailer Majestic has opened a new store in Beaconsfield as part of its UK expansion plans. The move means the retailer now has over 200 stores across the country with 88% of the adult population now living within 10 miles of a Majestic. The new Beaconsfield store is a slightly larger...

Santander to close over 100 branches About 1 month ago

Santander has announced plans to close 111 branches across the country due to the shift to mobile and online banking. The bank said it had taken the decision because fewer customers were choosing to bank in branch. About 840 staff will be affected by the closures, although Santander promised to try to...

Business rates appeals denied About 1 month ago

The Treasury has been criticised for saying it will legislate to "rule out" Covid-related business rates appeals. Experts said the legal change on appeals would be a "catastrophic blow" for many firms hit by the property tax. Retail, hospitality and leisure have benefitted from a rates "holiday", which was announced at the...

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