Latest finance news – Page 290
-
NewsSainsbury’s buoyed by Argos as costs climb in full year
Sainsbury’s full-year profits slipped, with bumper festive sales at Argos propping up its core food business.
-
NewsApple suffers surprise decline in iPhone sales
Technology giant Apple narrowly missed sales forecasts following an unexpected decline in iPhone sales during its second quarter.
-
NewsBreakfast briefing: UK shop prices and Jack Wills
Retail news round-up: UK shop prices decline in April and Jack Wills reorganises its management team
-
NewsToday in retail: Ocado shares rally on M&S speculation
Ocado’s share price has rallied today amid speculation that the online grocer could pen a deal with Marks & Spencer.
-
NewsPep&Co to replace stores with Poundland concessions
Pep&Co is considering closing up to a sixth of its standalone store estate in favour of shop-in-shop formats at nearby Poundland outlets.
-
NewsCoast, Oasis and Warehouse suitors could shut stores
Coast, Oasis and Warehouse stores could close following a sale as turnaround firms Endless and Alteri eye the struggling fashion retailers.
-
NewsToday in retail: M&S eyes online as Debs bolsters team
Marks & Spencer was centre of attention today after declaring its intentions to finally board the online grocery train later this year.
-
NewsAmazon sales soar as it exploits fledgling Indian market
Amazon sales have soared over its first quarter, as the ecommerce giant continues to capitalise on India’s burgeoning online shopping market.
-
NewsConsumer confidence 'stable' despite economic concerns
Consumer confidence remained “surprisingly stable” in April despite concerns over the UK economy as it presses ahead with plans to exit the EU.
-
NewsToday in retail: Are Bunnings sales really sizzling?
Bunnings may have stormed into the UK and laid down the gauntlet to B&Q, but are its sales sizzling as much as its sausages?
-
NewsRetail proves resilient as rate of administrations fall
The number of retailers that slipped into administration declined during the first quarter of the year, despite turbulent trading conditions.
-
NewsWickes owner Travis Perkins hails 'strong' retail sales
Wickes owner Travis Perkins has posted an increase in first quarter sales within its retail arm as growth in store numbers drove performance.
-
NewsN Brown profits slip amid infrastructure investment
N Brown has suffered a fall in full-year profits amid increased investment in its infrastructure and one-off charges relating to financial services customer redress.
-
NewsBunnings UK hails progress as it repositions Homebase offer
Bunnings owner Wesfarmers has hailed “further progress” of its fledgling UK business following a rise in like-for-like transactions.
-
NewsSports Direct staff agency on brink of administration
Transline Group, which staffs Sports Direct’s largest warehouse – Shirebrook – has filed a notice of intention to appoint administrators.
-
NewsBHS: War of words continues as Field responds to Green
MP Frank Field has asked Sir Philip Green to publish the Pensions Regulator warning letter that sought a resolution to the BHS pensions issue.
-
NewsFashion etailer Hope to crowdfund expansion finance
Hope, the fledgling fashion etailer and brand founded by former Marks & Spencer stores director Nayna McIntosh, has launched a crowdfunding campaign to finance expansion.
-
NewsBoohoo profits double in 'momentous' full year
The acquisitive online fashion business Boohoo has doubled its earnings in what the joint chief executives have termed a “momentous year”.
-
NewsShop Direct eyes £3bn sale as takeover talks begin
Shop Direct owners, the Barclay brothers, are understood to be seeking a £3bn price tag for the etail group and have lined up talks with potential suitors.
-
NewsRetail chiefs divided on snap general election impact
Retail bosses from Waterstones, Boux Avenue, Carpetright and Debenhams speak on the potential retail fall-out from the general election and the issues they want addressed.