Latest finance news – Page 273
-
NewsH&M UK profits and sales flat despite expansion
H&M’s UK profits and sales were flat last year despite expanding its store estate by nearly 10%.
-
NewsUpdate: Fraud trial of ex-Tesco executives adjourned
The trial of three former Tesco executives in relation to the supermarket giant’s 2014 accounting scandal has been adjourned until September 25.
-
NewsM&Co plots expansion push as profits and sales climb
M&Co is plotting a fresh store expansion drive in the UK after registering an increase in full-year earnings and sales.
-
NewsBoden profits jump as it readies King’s Road store
Boden has revealed a jump in profits and sales boosted by new customer acquisition and strong performance in womenswear.
-
NewsApax swoops for luxury retailer Matchesfashion.com
Private equity firm Apax is set to acquire a majority stake in luxury fashion retailer Matchesfashion.com following a bidding war.
-
NewsRent-to-own firm Buy As You View appoints administrator
BrightHouse rival Buy As You View has appointed administrators after suffering heavy losses, Sky News reported.
-
NewsAgenda: Halfords updates and Sports Direct hosts AGM
Retail Week looks ahead to the next seven days, with an update from Halfords and Sports Direct’s AGM on the agenda.
-
NewsConsumer confidence rebounds after July slump
Consumer confidence has increased in all measures in August as shoppers respond to “some signs of stability” in the wider UK economy.
-
NewsCo-op closes in on deal for convenience chain Nisa
The Co-op is close to making an offer for member-owned wholesaler and convenience store group Nisa.
-
NewsMatchesfashion nears £800m sale to Apax Partners
Matchesfashion.com is fast approaching an £800m sale to Apax Partners as the bidding war for the luxury retailer heats up.
-
NewsDixons Carphone investors call for faster succession plan
Dixons Carphone shareholders want the retailer’s board to accelerate a search for the next chief executive following last week’s profit warning.
-
NewsSports Direct boss Ashley will not attend AGM
Sports Direct tycoon Mike Ashley will shun the retailer’s annual general meeting next week.
-
NewsTesco and Booker bosses defend £3.7bn merger plans
Tesco and Booker have staunchly defended their proposed £3.7bn merger as the impact of the tie-up creates further shockwaves in the convenience sector.
-
NewsPhilip Green’s Arcadia agrees deal with BHS liquidators
Arcadia has agreed to pay tens of millions of pounds to unsecured creditors in BHS following the collapse of the department store chain.
-
NewsTopshop to relaunch wholly owned stores in Australia
Topshop and Topman is relaunching wholly owned stores in Australia, months after a separately owned franchise business tumbled into administration.
-
NewsAmazon to slash Whole Foods prices from Monday
Amazon will complete its acquisition of Whole Foods on Monday – and has unveiled plans to immediately slash prices at the upmarket grocer.
-
NewsAgenda: WHSmith, shop prices and consumer confidence
Retail Week looks ahead to the next seven days, with a pre-close update from WHSmith, the latest Shop Price Index and an update on consumer confidence all on the agenda.
-
NewsMobile slowdown dims Dixons Carphone’s shine
Dixons Carphone released first-quarter results with a boost in sales across the board today – so why has its share price slumped?
-
NewsDixons warns on profits as mobile market bites
Dixons Carphone has issued a profit warning, blaming the tough UK mobile phone market for its woes.
-
NewsWhole Foods shareholders approve $13.7bn Amazon deal
Amazon’s $13.7bn acquisition of Whole Foods has moved a step closer after the grocer’s shareholders voted in favour of the deal.