Latest finance news – Page 19
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NewsWHSmith ‘well positioned’ for summer peak as sales increase across travel
Global travel retailer WHSmith said it is “well positioned” for its peak summer period as travel sales continue to increase.
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NewsB&M performs ‘below expectations’ as UK like-for-like sales decline
Value retailer B&M has recorded a dip in UK like-for-like sales as it said the group’s performance fell “below expectations”.
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NewsSainsbury’s boss Simon Robert’s pay tops £5m
Sainsbury’s chief executive Simon Robert’s pay surged to more than £5m in the latest financial year, according to the retailer’s latest annual report.
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NewsNew owner for Northern Ireland shopping centre near Belfast
Property firm NewRiver announced that it had sold the Abbey Centre in Newtownabbey to the Herbert Group of Companies.
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NewsM&S CEO Stuart Machin sees pay reach £7m pre cyber attack
The chief executive’s pay package increased by nearly 40% in the last financial year, according to the retailer’s latest annual report.
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NewsWeird Fish sales and profits ‘exceed expectations’ in first quarter
Sales and profits at Weird Fish surged during the first quarter, “exceeding trading expectations” amid the British fashion retailer’s ongoing growth strategy.
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NewsShein switches IPO focus to Hong Kong from London
Fast-fashion powerhouse Shein is likely to seek a listing in Hong Kong instead of London.
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NewsTemu owner sees profits drop off the back of US tariff troubles
Temu owner PDD Holdings has reported a steep drop in profits off the back of higher tariffs imposed by US President Donald Trump.
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NewsPets at Home profits climb after ‘outstanding year’ for vets business
Specialist retailer Pets at Home has recorded a big rise in full-year profits after a period of “profound transformation”.
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NewsKingfisher posts sales rise as strong seasonal performance powers B&Q
DIY giant Kingfisher has reported an increase in quarterly sales after good demand for seasonal lines at B&Q.
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NewsWhite Stuff promotes from within as it names new managing director
Fashion retailer White Stuff has promoted from within to name a new managing director with immediate effect.
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NewsOnBuy founder becomes Comet CEO following acquisition
The founder and chief executive of OnBuy has been named chief executive of Comet following the online marketplace’s acquisition of the brand last week.
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NewsMonsoon Accessorize parent company swings to red as demand slumps
Monsoon Accesorize’s parent company, Adena Brands, swung into the red last year as weaker consumer demand took a toll on the fashion retailer.
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NewsConsumer confidence improves but economic concerns have ‘not disappeared’
Consumer confidence nudged up in May across all key indicators despite economic concerns, including inflation and Trump’s tariffs, having “not disappeared”.
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NewsPepco says Poundland exit ‘expected’ by September
European discount group Pepco is expecting to offload the Poundland business by September.
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News‘Tough retail climate’ sees Very revenue decline
Very UK saw revenue fall 2.5% in the 39 weeks to March 29, 2025, despite a strong increase in sales for its home category.
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NewsFlurry of UK trade deals improves consumer confidence
The UK’s recent flurry of trade deals and agreements with India, the US and the EU has upped customer confidence.
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NewsOnline marketplace OnBuy acquires British electronics retailer
Online marketplace OnBuy has acquired a British electronics brand in a bid to “disrupt the UK consumer electronics market”.
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NewsRevolution Beauty enters formal sales process following takeover approach
Revolution Beauty has started a formal sales process after it received a preliminary takeover approach from an unnamed company.
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NewsJD Sports profits slide due to slower than anticipated market
JD Sports has reported a drop in profits due to heavy promotions and slower than anticipated market growth.