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By: Felix Armstrong

Retail Reporter Felix Armstrong is CityAM's retail reporter, covering retail, hospitality and property news. He has previously written for The Times, The Guardian, The Telegraph and The i Paper. Email Felix at [email protected]

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All 395 Articles
  • Hospitality crisis pushed thousands of firms to shut in 2025

    February 17, 2026

    Thousands of hospitality industries were forced to call time last year, as soaring operating costs took their toll.  The owners of 3,353 accommodation, food and drink firms entered insolvency proceedings in the twelve months to December 2025, according to the Buchler Phillips hospitality index.  These insolvencies spell out the impact of food inflation and climbing [...]

  • Brewdog faces hangover from ‘punk’ investment model

    February 17, 2026

    Once offering a craft beer revolution to its “punk” investors, Brewdog’s likely sale has angered some of its thousands of small-scale shareholders and could see the brand’s elements be flogged off in segments. The UK’s largest independent brewer kickstarted the country’s craft beer obsession and challenged traditional financing models by offering cheap shares to consumers.  [...]

  • Labour’s employment legislation and national insurance blamed for rising joblessness

    February 17, 2026

    National insurance hikes and the employment rights act mean businesses are being forced to cut back on hiring, business leaders and analysts have said.  The labour market continued to loosen at the end of last year, according to new Office for National Statistics (ONS) data, with unemployment climbing to 5.2 per cent between October and [...]

  • Debenhams shares plunge after £35m capital raise confirmed

    February 17, 2026

    Debenhams shares plunged ten per cent in early deals after the struggling fashion group confirmed plans to launch a £35m equity raising round. The group’s board said the fundraise will allow it to complete its resurgence but the plans did little to calm investors as its share price tumbled on the Tuesday open. Debenhams Group, [...]

  • Annabel’s profit trebles as Mayfair club defies hospitality gloom

    February 16, 2026

    One of London’s best-known private members clubs has shrugged off wider hospitality gloom after posting a near-tripling of profit. Mayfair-based Annabel’s, which has been based on Berkeley Square since the 1960s, toasted a pre-tax profit of £12.4m in the year to January 2025, a rise of 184 per cent on the previous year. Revenue over [...]

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