Latest finance news – Page 110
-
NewsEve Sleep abandons sale process and appoints administrators
Mattress-in-a-box brand Eve Sleep has drafted in administrators after abandoning its bid to find a buyer to turn around its fortunes.
-
NewsExclusive: Ikea raises prices by up to 80% as manufacturing costs bite
Ikea has hiked furniture prices by up to 80% since last year, an investigation by Retail Week has found.
-
NewsRevolution Beauty CEO and chair stand down during audit investigation
The chief executive and executive chair of Revolution Beauty will both stand down from their posts for the duration of the independent investigation into audit failures at the retailer.
-
NewsUS grocery giant Kroger in talks to buy rival Albertsons
America’s largest supermarket operator Kroger is in talks to buy rival Albertsons, with a deal expected to be announced as soon as early as today.
-
NewsBoots sales recovery driven by flagship and travel stores
Boots sales recovered in the three months to August as customers flocked to flagship locations and travel stores.
-
NewsSuperdrug freezes prices on 5,000 branded cosmetics
Superdrug has promised to freeze prices on 5,000 branded beauty products to help shoppers cope with rising inflation.
-
NewsMarks & Spencer speeds up store churn programme
Marks & Spencer is to accelerate its churn of space, including store closures, as part of a ‘reshape for growth’ strategy.
-
NewsJD Sports chief financial officer to step down
JD Sports chief financial officer Neil Greenhalgh is to leave the retailer next year.
-
NewsDiscounter Pepco targets new store openings as customers fly to value
Poundland owner Pepco has said it will accelerate its new store opening programme as demand for its offering increases amid global economic uncertainty.
-
NewsFrasers Group snaps up stake in N Brown
Sports Direct owner Frasers Group has snapped up a stake in N Brown, the pureplay retailer behind brands such as Jacamo and JD Williams.
-
NewsScS profits soar ‘ahead of expectations’ as sales reach record highs
ScS has reported record sales figures in the first full year of its new strategy.
-
NewsSuper-fast delivery merger on the cards as Getir looks to buy Gorillas
Super-fast delivery start-up Getir is in advanced talks to acquire competitor Gorillas.
-
NewsMorrisons one step closer to CMA approval with plans to sell McColl’s stores
The Competition and Markets Authority has said it is “minded to accept” Morrisons’ proposal to divest 28 stores in response to competition concerns.
-
NewsQuiz Clothing sales jump as customers seek 'glamorous looks at value prices'
Quiz Clothing has recorded an uplift in sales over the last six months as its occasionwear and dresses resonate with consumers.
-
News'Sustainability is the key to return to profit,' says Superdry boss
Superdry’s sustainability push has driven its stellar results, according to chief executive Julian Dunkerton.
-
NewsSuperdry returns to profit on back of strategic progress
Fashion retailer Superdry is back in the black, helped by the lifting of pandemic restrictions and progress on its turnaround strategy.
-
NewsAsda launches £1 meal deal for over-60s as cost-of-living crisis bites
Asda has launched a £1 ‘winter warmer’ meal deal for older customers struggling with the cost-of-living crisis.
-
NewsDreams profits climb as sales outpace inflationary pressures
Beds specialist Dreams has reported strong profits and a surge in turnover, despite squeezed margins and temporary store closures last year.
-
NewsN Brown profits tumble as cost-of-living crisis shrinks online market
N Brown has reported falling profits and sales as the ongoing inflationary environment and cost-of-living crisis shrinks the online market.
-
NewsTopps Tiles posts record sales as online business grows
Topps Tiles has achieved record annual revenues for a second consecutive year and expects profits to be towards the upper end of market expectations.