Articles

  • 3 weeks ago | cityam.com | Amber Murray

    Friday 06 June 2025 11:13 am Pret owners in discussions for IPO or possible sale Retail Reporter There are 274 Pret a Manger locations in London Pret’s parent company JAB Holding has engaged advisors to explore options for the sandwich chain, which include a potential sale or stock market float. Luxembourg-based JAB, which bought Pret for £1.5bn in 2018, told the Financial Times that it was not “currently” considering a sale, but added: “As we move closer to a potential IPO, we may evaluate...

  • 3 weeks ago | cityam.com | Amber Murray

    Friday 06 June 2025 7:32 am House prices dip in May after stamp duty change Retail Reporter Northern Ireland continues to lead annual price growth in the UK The annual rate of growth also slowed, to 2.5 per cent from 3.2 per cent in April. “These small monthly movements point to a housing market that has remained largely stable… [it] appears to have absorbed the temporary surge in activity over spring, which was driven by the changes to stamp duty,” Amanda Bryden, Head of Mortgages, Halifax,...

  • 3 weeks ago | cityam.com | Amber Murray

    Friday 06 June 2025 5:00 am | Updated: Friday 06 June 2025 7:10 am One in ten retail jobs at risk in the next three years Retail Reporter Retail has been managing a heavy tax, cost and regulatory burden Cost pressures in UK retail mean one in ten jobs are at risk of disappearing by 2028, according to a new report. The number of jobs in retail has already dropped by over 350,000 since 2015, a fall nearly ten times bigger than the total number of jobs in the steel industry, the British Retail...

  • 3 weeks ago | cityam.com | Amber Murray

    Thursday 05 June 2025 11:25 am  |  Updated:  Thursday 05 June 2025 11:26 am Investors cheer Dr Martens’ turnaround plan – but will it work?

  • 3 weeks ago | cityam.com | Amber Murray

    Thursday 05 June 2025 8:05 am Dr Martens: Bootmaker turns to sandals as profit plummets Retail Reporter Dr Martens has struggled over the past two years Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. “Our ambition is to establish Dr. Martens as the world’s most-desired premium footwear brand,” the company said. It hopes the new strategy will deliver a mid to high-teens EBIT margin in the medium term. Chief executive Ije...

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