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Back to profilePrimark to launch home delivery in Great Britain
Primark is finally joining the home-delivery party, despite a record of repeatedly insisting that its cheap prices made online shopping too expensive to make sense.
John Lewis Partnership losses more than double in tougher trading
The going has got tougher for John Lewis as it’s squeezed by challenging consumer behaviour.
John Lewis Partnership losses more than double in tougher trading
The going has got tougher for John Lewis as it’s squeezed by challenging consumer behaviour. Sales fell two per cent to £2 billion in the six months to August 1, despite revenues across the wider Partnership rising two per cent, helped by Waitrose.
Primark to launch home delivery in Great Britain
Lacklustre trading has helped propel fast fashion giant Primark into making a U-turn it’s resisted for years. Primark is finally joining the home-delivery party, despite a record of repeatedly insisting that its cheap prices made online shopping too expensive to make sense. The retailer now says the success of Click & Collect, improving digital capabilities and a highly automated fulfilment centre in Sheffield have changed the maths, which is why it’s lurched into this U-turn. So, customers will be able to get their fashion fix delivered when Primark spins off from parent company ABF, with the demerger targeted for the end of 2027.
Footsie flat as oil stays elevated
Steamy energy prices appear to be the trigger for these latest moves higher in yields.
Oil prices surpass 100 dollars a barrel after US strikes on Iranian tankers
Brent Crude has raced higher, hitting $100 for the first time since July, after Iran ratcheted up its offensive.
The Gym Group sales jump by a 10th after membership prices increased
The Gym Group’s average member is around 30, with Gen Z now making up 44 per cent of its membership. It’s clear that the gym is increasingly becoming a crucial part of social lives rather than simply somewhere to go and work up a sweat.
Zara owner brushes off heatwaves and Iran war trading pressures as sales jump
There’s still appetite for retail therapy, particularly if the price is right.
The Gym Group sales jump by a 10th after membership prices increased
It’s clear that the gym is increasingly becoming a crucial part of social lives rather than simply somewhere to work up a sweat.
Oil prices surpass 100 dollars a barrel after US strikes on Iranian tankers
Brent Crude has raced higher, hitting $100 for the first time since July, after Iran ratcheted up its offensive.
Trade tensions and geopolitical stalemate add to inflationary concerns
Tariff wars have reared up again after Canada slapped billions of dollars of retaliatory tariffs on American goods.
Albion VCTs launch £60 million fundraise as investors seek access to UK growth companies
VCTs are still an interesting proposition for investors looking for tax-efficient exposure to some of the UK’s most promising smaller companies.