Retail Times
SEPTEMBER 2, 2023
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! As one of the UK’s most beloved brands, PizzaExpress recognises its responsibility to both the environment and society, which is why the brand is proud to announce a partnership with Too Good To Go, the world’s number one marketplace for surplus food.
Retail Gazette
SEPTEMBER 2, 2023
New Look is on the brink of completing a £100m debt refinancing, set to help the business during a tricky trading environment. The retailer is currently involved in advanced talks with Blazehill Capital and Wells Fargo, centred around replacing a term loan maturing in June next year, Sky News reports. According to the news outlet, discussions on refinancing the debt have been in progress for months.
Retail Gazette
SEPTEMBER 2, 2023
Footasylum pre-tax profit plummeted 75% to £2.8m in its last financial year, despite an increase in sales at the retailer. Operating profit also dropped more than 50% for the full year to 28 January 2023. The footwear retailer partially attributed the plunge to the termination of Covid government reliefs that helped the retailer last year. Despite the drop, gross profit at the company rose nearly 5%, while year on year sales nudged up 6% thanks to an increase in store sales.
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