Selfridges turns to profit thanks to more loyal customers
Selfridges significantly increased both its revenue and profits in fiscal year 2025. The British department store chain benefited from higher foot traffic in its stores and, at…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
ITC buys Yoga Bar owner Sproutlife outright
ITC has taken full ownership of Sproutlife Foods, the owner of the Yoga Bar brand, by acquiring the remaining stake in the company. The post ITC buys Yoga Bar owner Sproutlife…
Store expansion and AI adoption shape European retailers’ growth plans, finds CBRE
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UK's Greggs Raises Profit Outlook But Plans Factory Closures
Greggs has lifted its annual profit outlook after stronger Q3 sales, and proposed four factory closures amid expansion plans.
Pip & Nut reports first-ever profit in full-year results
Pip & Nut posted strong full-year results for the 12 months ended on 31 December, marking the brand’s move into profitability for the first time. The company’s annual revenue…
Greggs plans hundreds of job cuts in manufacturing shake-up
Bakery chain proposes closing four manufacturing sites and consolidating production across six locations following a network review
Marks Electrical raises profit outlook despite “cost inflationary headwinds”
Marks Electrical has upgraded its full-year profit expectations, after delivering stronger-than-expected profitability in the first half of its financial year. The electronics…
CMA accpets Co-op’s merger with Southern Co-op
The Competition and Markets Authority (CMA) has provisionally accepted Co-op Group’s plans to sell 15 convenience stores and two funeral homes as part of its proposed merger with…
Synlait Reports Improved H2 Results Following H1 Loss
New Zealand dairy firm Synlait reported improved results in the second half of 2026, following a challenging first half.
BAT Predicts Fast Growth In Smoking Alternatives For The Next Decade
British American Tobacco said it expects annual revenue from selling smoking alternatives to grow by a mid-teens percentage until 2030.
Wayfair ups investment in sports for values-focused brand platform
The retailer is amplifying its latest effort by increasing advertising investment across the networks airing football games to five times its previous spend.
Card Factory holds full-year profit guidance as Funky Pigeon buoys sales, says GlobalData
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