Category : Search result: retail losses


Claire's and TOFS Collapse into Administration

High street chains Claire's and The Original Factory Shop have collapsed into administration, putting around 2,500 UK and Ireland jobs at risk. Read the full story on the retail crisis.

Costa Coffee losses double to £13.5m in 2024

Costa Coffee's operating losses more than doubled to £13.5m in 2024 amid fierce competition and rising costs. Read the full analysis of the UK coffee chain's challenges.

Stella McCartney losses widen amid sales slump

Stella McCartney's fashion label sees pre-tax losses widen to £33.6m as sales fall by 27%, raising concerns over the brand's future funding. Directors cite challenging market conditions.

Scope charity shop chain closing 77 stores in 2025

Disability equality charity Scope is shutting 77 high street shops this year, with three closing this weekend. The move puts 200 jobs at risk and impacts 2,000 volunteers. Read the full list of closures.

Black Friday abuse crisis hits UK retail workers

As Black Friday begins, the Retail Trust reveals 77% of shop staff face intimidation. The charity urges shoppers to show respect with simple smiles and thank yous during the festive rush.

Walgreens ends holiday pay for hourly workers

Walgreens has cut paid holiday time for hourly staff after a private equity buyout, costing full-time employees hundreds of dollars annually. Discover the full impact.

Bunnings Faces Pressure to Ban Dogs From Stores

The beloved DIY chain Bunnings finds itself at the centre of a heated national debate as calls intensify to prohibit pets in stores following a series of concerning incidents. As opinions clash between animal lovers and safety advocates, we examine whethe

M&S shares suffer worst day since pandemic

Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.

Carter's announces UK store closures and layoffs

Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.

Seasalt to open 30 new UK stores in major expansion

Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.

Tesco Extends Dominance as Britain's Retail Giant

Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.

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