Latest finance news – Page 20
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NewsMarks & Spencer in ‘best financial health for 30 years’ but cyber attack cost bites deep
While M&S reported its highest profits in over 15 years, it has also revealed the true cost of the cyber attack which continues to wreak havoc on the retailer.
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NewsCurrys upgrades profit guidance as board reinstates dividend
Electricals giant Currys has upgraded its full year profit expectations and its board has said its performance is good enough to warrant resuming the payment of cash dividends.
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NewsGreggs sales rise as ‘better trading conditions’ bolster growth
Food-to-go retailer Greggs has reported a rise in sales as “better trading conditions” in the last 11 weeks have supported growth.
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NewsTopps Tiles sales increase as it records progress in all five areas of growth
Topps Tiles has recorded a rise in sales and profit as well as seeing good progress in its five key growth areas.
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NewsPoundland sale puts thousands of jobs and 200 stores at risk
Thousands of jobs and as many as 200 stores are at risk as a deal for Poundland looms.
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NewsLandsec to grow retail estate by £1bn as it records strong results
Major property group Landsec has said it aims to grow its retail estate by £1bn in the next one to three years as it records strong results.
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NewsHolland & Barrett sees double-digit sales growth as it continues transformation
Health and wellness retailer Holland & Barrett has reported a second consecutive year of double-digit growth as its customer-first approach and transformation strategy to meet growing demand ramps up.
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NewsThe Range hails ‘exceptional start’ to 2025 as it completes first phase of Homebase conversions
The Range said it has celebrated an “exceptional” start to the year and has completed the first phase of its former Homebase store conversions.
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NewsWatches of Switzerland to hit expectations as sales rise
Watches of Switzerland returned to growth in crucial markets in its second half and will meet full-year profit expectations.
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NewsB&M appoints new chief executive with transformation track record
Value retailer B&M has named a new chief executive.
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NewsFurniture retailer MFI to return nearly two decades after its collapse
Once household furniture brand MFI is set to make a surprise comeback to the UK high street, nearly two decades after it collapsed into administration.
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NewsBurberry sees sales improvement following ‘intervention’
Burberry has reported that its “intervention to reset the brand” has resulted in a sales improvement in the second half.
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NewsWickes hails ‘strong start’ to the year as warm weather drives sales
Wickes has said the business has seen “good growth momentum” in the first quarter of the year, as the warm weather drove sales growth.
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NewsRevolution Beauty trims profit forecast but points to green shoots of recovery
Revolution Beauty has again trimmed its profit forecast for the 2025 financial year but has pointed to green shoots of recovery in current trading and future outlook.
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NewsRetail sales boosted by sunny weather and Easter holidays
UK total retail sales soared in April as a mixture of sunny weather and a later Easter holiday saw customers spending big during the period.
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NewsDunelm opens first branded store in Ireland
Dunelm is relaunching its Carrickmines store, marking the first time ‘Dunelm’ is above the door of a store in the Republic of Ireland.
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NewsDebenhams Group in discussions over debt refinancing deal
Debenhams Group, formerly the Boohoo Group, is reportedly in discussions over a debt refinancing package worth as much as £175m.
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NewsLuxe Collective founder says ‘we’ve finally been defeated’ as brand closes down
In a post on LinkedIn Luxe Collective co-founder and chief executive Ben Gallagher has confirmed the closure of the business after seven years of operation.
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NewsDigital Services Tax survives UK-US trade agreement
The 2% tax on US tech giants for UK revenues will remain in place as the countries work on a digital trade deal, the government said.
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NewsMothercare sales and profits fall as uncertainty grips key Middle East markets
Mothercare has reported falling sales and profits, blaming the “continued impact of the uncertainty in the Middle East” on its franchise partner.