Hobbycraft exits CVA early amid rise in online sales
The craft retailer closed nine underperforming branches and expanded into garden centres following the successful CVA
L’actualité de l’alimentaire, des boissons, de l’hygiène-beauté, de l’entretien, de la distribution et des services PGC, mise à jour automatiquement, avec un lien vers l’éditeur d’origine.
The craft retailer closed nine underperforming branches and expanded into garden centres following the successful CVA
Lidl experienced the largest market share gain of 0.5 per cent over the 12 weeks to 12 July 2026, and sales grew by 8.6 per cent according to the latest…
Aldi has launched a limited-edition Rosé Swatch keyring designed to help shoppers identify their preferred shade of pink wine. The pocket-sized guide features nine shades inspired…
Asda’s plans to build more than 1,500 homes at its Park Royal site could overwhelm nearby GP surgeries unless extra healthcare capacity is funded, the NHS has warned. West and…
Overreliance on poorly-implemented AI for customer experience is costing retailers, with consumers going in search of the human touch. Daniel Todaro, CEO at Gekko Group, the…
UK grocery inflation has dropped to its lowest level since December 2024 according to new research, although the average household is still spending £156 more on groceries each…
Wickes’ retail division returned to growth in its second quarter as rising TradePro demand helped group revenue climb 2.3 per cent to £483m. The home improvement retailer recorded…
Hobbycraft has completed its company voluntary arrangement (CVA) ahead of schedule as growth in model making and crochet helped fuel a rise in online shoppers. The arts and crafts…
The British Heart Foundation has revealed the first 87 shops set to shut under plans to close around 150 locations over the next two years. The charity has published the locations…
AliExpress has been fined €550m by the European Union for failing to prevent illegal and dangerous goods from being sold through its online marketplace. The European Commission…
Dutch discounter Wibra has reported gross revenue of €362 million for its 2025 financial year, 26.4% higher than the previous year.
No sooner had Sky’s proposed acquisition of ITV redrawn the map of British television than the BBC and Channel 4 began discussing how they might respond. The idea being explored…