Monday , 12 January 2026

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Selfridges holds talks to spin out its online luxury websites

Bloomberg Selfridges & Co held discussions with potential investors about splitting off its e-commerce business while also considering a potential sale of the department store group, according to people familiar with the matter. The luxury emporium, best known for its giant department store on London’s Oxford Street, considered spinning off Selfridges.com from its lucrative property holdings, which are far larger …

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Bed Bath & Beyond soars amid new plan

Bloomberg Bed Bath & Beyond Inc soared in late trading after announcing accelerated share buybacks and the launch of a new digital marketplace for merchandise from third-party producers. The company said it expects to complete its $1 billion share repurchase plan by the end of its fiscal year in February — two years ahead of schedule. There is $400 million …

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UK house prices hit $365,000 after 8.1% increase in a year

Bloomberg A shortage of homes for sale and a buoyant labour market are expected to underpin the UK housing market as consumers come under pressure from soaring inflation and higher interest rates, according to Halifax. The average cost of a home rises 0.9% in October to a record $365,000, the mortgage lender said. That left values 8.1% higher than a …

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