FAO Schwarz announced licensing agreements to expand product assortment The toy retailer will develop a home collection with Britannica and chocolates, gift sets and bespoke candy offerings with Galerie USA. FAO Schwarz will also launch jewellery, hair products and key chains with Uncas International Read more.

Compass buys catering business from French supermarket chain Casino The deal is speculated to be worth €25-30m. Last month Casino met its target of €1.5bn in asset sales. The deal with Compass is expected to have completed by the end of the first half of 2019. Read more.

Strong performance for Safestore’s first quarter For the period 1 November 2018 to 31 January 2019 the group's revenue increased by 6%. The company's UK business recorded like-for-like revenue growth of 6.1%, driven by a strong occupancy rate. Read more.

New Look sees progress in with turnaround plan Like-for-like sales in the UK increased 0.9% in the retailer's third quarter. Group adjusted EBITDA rose by 78% to £78m as underlying operating profit hit £38.5m compared to a loss of £5.1m in the same period last year. Read more.

IKEA might launch an online marketplace This would involve the creation of an industry-wide online furniture platform within the next five to ten years. The strategy could also see IKEA products sold on ecommerce sites like Amazon and Alibaba. Read more.

Strong winter sales at Dunelm For the six months to 31 December, overall revenue grew 1.2% to £551.8m. Profit before tax grew 14% year-on-year to £70m as like-for-like revenue rose 6.9% to reach £506.7m. Read more.