Latest finance news – Page 270
-
NewsSmiggle pens European expansion as global sales rise
Smiggle has hatched plans to expand its European business next year as the UK becomes the kid’s stationery retailer’s largest market.
-
NewsConsumer confidence rises as shoppers in defiant mood
Consumer confidence edged up one point to -9 in September as shoppers were in a defiant mood.
-
NewsIkea enters gig economy as it acquires TaskRabbit
Ikea has bought odd-jobs firm TaskRabbit, which sends workers to people’s homes to carry out chores such as assembling flat-pack furniture.
-
NewsAgenda: Tesco, DFS, SCS and Topps Tiles update the market
Retail Week looks ahead to the next seven days, with financial updates from Tesco, DFS, SCS and Topps Tiles all on the agenda.
-
NewsBrightHouse up for sale as it races to refinance bonds
Rent-to-own retailer BrightHouse is up for sale as the business races to refinance £220m of bonds that are due next year.
-
NewsToday in retail: Moss Bros suits up for overseas push
After delivering a jump in pre-tax profit at its half-year stage, Moss Bros is in a confident enough mood to step up its overseas plans.
-
NewsWiggle losses widen despite climbing sales
Sports etailer Wiggle has posted widening losses in its full-year results despite a sales increase as its Chain Reaction Cycles acquisition punctured its bottom line.
-
News
Tesco Opticians-Vision Express deal held up by CMA
Vision Express’ acquisition of Tesco’s opticians business has been flagged by competition watchdogs as one that could “lead to a worse deal for some customers.”
-
NewsMoss Bros tailored for success as profits rise
Moss Bros has reported a jump in interim profits as like-for-like sales grew despite what boss Brian Brick described as “an unpredictable economic backdrop”.
-
NewsHotel Chocolat to launch new subscription service
Hotel Chocolat is launching a new subscription service as part of a drive to give customers access to its products “wherever they are”.
-
NewsBoohoo ups sales guidance as profits and revenues rocket
Boohoo has upped its full-year sales guidance after hailing a spike in sales and profits during its first half.
-
NewsHotel Chocolat tastes success as profits double
Hotel Chocolat has posted a surge in profits as sales growth, new store openings and margin gains sweetened its bottom line.
-
NewsMike Ashley firm's profits dented by Sports Direct woes
Sports Direct founder Mike Ashley’s personal investment vehicle suffered a slump in profits last year amid a “tough trading environment” for the retailer.
-
NewsCard Factory shows that no one’s immune to volatility
As Brexit negotiations continue to crash and burn, retailers are suffering the referendum’s after effects.
-
NewsBlue Inc losses ballooned prior to CVA deal
Blue Inc has suffered ballooning losses but insisted it can stave off turbulent market conditions to continue trading “for the foreseeable future”.
-
NewsCard Factory boss: We have choice to not raise prices
Card Factory boss Karen Hubbard has said not passing prices onto its customers is an “active choice” not dictated by the retailer’s value proposition.
-
NewsMySale targets health and beauty acquisitions
Flash sales site MySale has ambitions to acquire health and beauty retailers, its boss has said.
-
NewsMySale profits rocket as revenue creeps up
MySale’s full-year profits have rocketed thanks to the group prioritising the acquisition of high-lifetime-value customers.
-
NewsCard Factory profits hit by wage and currency costs
Card Factory’s interim profits have been hit by the increased costs in wages and currency headwinds as well as investment.
-
NewsAldi to accelerate roll-out of fresh food store format
Aldi is accelerating the roll-out of its fresh food store format after an outperformance of stores where it has already launched.