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  • Greggs plans 120 net new shops after franchise estate reaches 602

    Greggs ended 2025 with 602 franchise shops in an estate of 2,739, just over a fifth of the total, and is targeting 120 net new shops in 2026. The bakery chain says it sees room to pass 3,000 UK shops…

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  • Bewliehill enters administration and closes its last two London sites

    Seasonal food-to-go concept Bewliehill has closed its last two London sites, in Bishopsgate and St Paul's, and entered administration, Restaurant Online reported on 12 October 2026. Matthew Richards and Robert Anthony Young of Azets were appointed joint administrators on 2…

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  • BBPA warns 360 pubs will close in 2026, about one a day

    The British Beer and Pub Association (BBPA) expects about 360 pubs to close permanently in 2026, more than the net 336 recorded in 2025 and roughly one a day. The trade body said on 12 October 2026 that 295 had…

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  • Ramsdens holds profit guidance and opens 10 stores in the year

    Ramsdens Holdings expects pre-tax profit of £32m to £35m for the year to 30 September 2026, unchanged from guidance upgraded in July, according to a pre-close trading update published on 12 October 2026. The multi-service retailer opened 10 stores in…

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  • John Lewis chair warns warehouse tax would hit high street shops

    John Lewis Partnership chair Jason Tarry has joined other retail leaders in opposing a proposed "warehouse tax", arguing in The Telegraph that higher property taxes on large premises would fall on department stores and supermarkets rather than online-only operators. Retail…

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  • Martin Property Group emerges as frontrunner in Poundland rescue talks

    Derry-based Martin Property Group is reportedly the preferred backer of a management-led takeover of Poundland, Retail Gazette reported on 12 October 2026. The offer could see the discount chain's equity change hands for as little as £1, covering close to…

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  • KFC, Costa and Pizza Hut operator’s profit lifted by £35m property gain

    SME Group PLC, the Ruislip-based group whose profile lists KFC, Pizza Hut and Costa restaurants, has reported a sharp jump in annual profit. Almost all of it comes from a rise in the value of its investment properties, while sales…

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  • How to open a hair salon in the UK in 2026

    The UK has around 50,400 hair, barbering and beauty businesses registered for VAT or PAYE, according to the National Hair & Beauty Federation, and in many of them the stylists are not staff at all but self-employed chair renters. That…

    hair salon styling close up
  • Tesco lifts profit guidance as half-year sales reach £33.8 billion

    Tesco has raised the floor of its full-year profit guidance after half-year sales rose 2 per cent to £33.8 billion, but its Booker wholesale arm, which supplies symbol groups such as Premier, Londis and Budgens, saw like-for-like sales fall 2.6…

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  • Wok & Go franchisor boss gets suspended sentence and 10-year ban

    The man who ran the franchising company behind the Wok & Go noodle takeaway chain has received a 12-month prison sentence, suspended for two years, for managing a business while banned as a director. Chester Crown Court also gave Desmond…

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