Latest finance news – Page 310
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NewsLondon’s West End poised for £115m Black Friday bonanza
Retailers in London’s West End are braced for a £115.5m Black Friday spending spree as stores across the region take part in the promotional frenzy.
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NewsPets at Home like-for-like sales and profits climb
Pets at Home has posted rising like-for-like sales and profits as it services division and online offer drove continued growth.
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NewsMothercare profits slump as like-for-like sales fall
Mothercare has reported a fall in half-year profits and like-for-like sales following “difficult” trading conditions.
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NewsScS order numbers jump as it nears 100 store mark
ScS has hailed a jump in customer order numbers since the start of its current financial year as the business closes in on 100 stores.
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NewsLovehoney sales and profits soar in full year
Lovehoney’s full-year sales and profits have soared, following a year of international expansion.
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NewsAo.com warns of price hikes from January
Online electricals retailer Ao.com confirmed that prices will go up from the end of January following the “softening” of the pound since Brexit.
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NewsEx-BHS owner Chappell fights to keep Retail Acquisitions
Former BHS owner Dominic Chappell is fighting a bid to put his Retail Acquisitions business into administration.
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NewsAo.com half-year profits rise as margin gains bear fruit
Ao.com has posted a surge in half-year profits and sales as gross margin gains and increased brand awareness bore fruit.
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NewsKingfisher third-quarter sales buoyed by UK business
B&Q owner Kingfisher has posted a 1.8% increase in like-for-like sales during its third quarter, driven by the performance of its UK division.
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NewsBusiness leaders protest Government block of rate appeals
Industry leaders have condemned a new Government block on appealing business rate bills.
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NewsBHS bosses could see legal action over cash
BHS bosses are facing legal action from the department store chain’s biggest creditor, the Pension Protection Fund (PPF).
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NewsBonmarché profits and sales slide in first half
Bonmarché boss Helen Connolly has pledged to return the business to growth, following plunging like-for-likes and profits in its first half.
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NewsGap sales slide for seventh consecutive quarter
California-based fashion retailer Gap said sales fell 1.5% to $3.8bn during its third quarter, with like-for-likes sliding 3%.
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NewsAgenda: Kingfisher, Bonmarché and Black Friday
Retail Week looks ahead to the next seven days with updates from Bonmarché, Kingfisher, AO.com and Mothercare preceding Black Friday.
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NewsStaples stores to disappear from UK high streets
Staples stores in the UK will be shuttered following the acquisition of the UK arm by HMV-owner Hilco for a “nominal” sum.
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NewsTesco to sell 'air rights' above stores
The sky is the limit for Tesco as it aims to exploit “air rights” above stores to release value from its property portfolio.
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NewsMajestic to up prices as it predicts Black Friday decline
Majestic’s boss has warned of price rises for UK wine drinkers, saying that increases will be the case at all UK retailers.
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NewsAsda like-for-likes tumble 5.8% in third quarter
Asda has posted a ninth consecutive quarter of falling like-for-likes as the Walmart-owned retailer reported a 5.8% slide in comparable sales.
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NewsMajestic Wine swings to half-year loss, but Gormley confident
Majestic Wine has reported a first-half loss of £4.4m, but sales rose and boss Rowan Gormley insists the “plan is working”.
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NewsTed Baker sales stay strong despite "challenging" conditions
Ted Baker has posted a 14.8% jump in third-quarter group sales despite continued “challenging trading conditions”.