Latest finance news – Page 320
-
NewsSteinhoff's purchase of Poundland gets the go-ahead from shareholders
Poundland shareholders voted in favour of Steinhoff’s acquisition of the value retailer, giving the go-ahead to a deal worth more than £610m.
-
NewsFashion retailer Joules sales and profits soar after floating on AIM
Joules has unveiled a 41.5% increase in its full-year pre-tax profit in what it has described as a “transformational year”.
-
NewsBreakfast briefing: Retail news on Sports Direct, Tesco, John Lewis and more
Retail news round-up: Sports Direct to appoint workers’ rep, John Lewis distribution centres and BHS customer data bought by Qatari firm.
-
NewsShop Direct to 'double down' on artificial intelligence to drive sales
Shop Direct boss Alex Baldock says artificial intelligence is the “next big bet” the etailer is taking to bolster its personalisation offer.
-
NewsDebenhams bolsters board as Lisa Myers named as a non-executive director
Debenhams has named former Franklin Templeton executive vice-president and international retail expert Lisa Myers as a non-executive director.
-
NewsHalfords' sales rise as weather and Olympics boost cycling
Halfords has posted a 1.2% rise in like-for-like sales over the summer as warm weather and the Olympics boosted sales in its cycling division.
-
NewsSainsbury's launches Mini Habitat and rolls out more Argos concessions
Sainsbury’s unveils plans to launch a clutch of Mini Habitat concessions, just days after it completed the acquisition of Home Retail Group.
-
NewsKoovs enjoys summer sales surge as online traffic rockets
Indian etailer Koovs’ sales more than doubled during the summer as its bosses hailed “significant growth” in brand awareness.
-
NewsM&S to cull 500 head office jobs as boss Rowe steps up turnaround bid
Marks & Spencer boss Steve Rowe will wield the axe on 500 head office jobs this week as he steps up his bid to turn around the business.
-
NewsSainsbury's Argos born as £1.4bn Home Retail deal completes
Grocery giant Sainsbury’s has rebranded Home Retail Group to Sainsbury’s Argos after officially completing the £1.4bn acquisition.
-
NewsMarks & Spencer agrees ‘significantly improved’ offer on pay
Marks & Spencer has unveiled a revised staff pay and pensions deal following consultation with its employees in the wake of a petition.
-
NewsBusiness confidence bounces back after post-Brexit slump
Business confidence rebounded by 4.7 points in August following a slump in July after the UK voted to leave the European Union.
-
NewsAgenda: Sports Direct's AGM, plus updates from Argos and Dixons Carphone
Retail Week looks ahead to the next seven days with Sports Direct’s AGM and updates from Home Retail, Dixons Carphone and Steinhoff on the agenda.
-
NewsLloydsPharmacy takes control of Sainsbury's 281 pharmacies
Sainsbury’s has handed over control of its 281 pharmacies to Celesio-owned LloydsPharmacy today following last year’s acquisition.
-
NewsSteinhoff profits jump but fears over Brexit impact on UK business
Steinhoff has recorded increased profits and sales but warned that the value of the pound could have “an adverse effect on future margin”.
-
NewsMcColl’s third-quarter like-for-likes fall as newsagent arm hurts sales
McColl’s has recorded a drop in its like-for-likes despite rising overall sales as it focuses on expanding its convenience offer.
-
NewsEx-Tesco finance boss McIlwee cleared by watchdog over accounting scandal
The accountancy watchdog has dropped its investigation into Tesco’s former finance boss Laurie McIlwee, two years after its accounting scandal.
-
NewsSports Direct and Debenhams to suffer most from Brexit, claims report
Sports Direct and Debenhams will be among the hardest-hit retailers from Brexit owing to currency pressures, according to an analyst’s report.
-
NewsConsumer confidence edges up as post-Brexit jitters ease
Consumer confidence rose across all measures in August as customer outlook increased after consecutive months of declines.
-
NewsBreakfast briefing: Retail news on Tesco, Apple and more
Retail round-up: Tesco’s former finance boss to be cleared over accounting scandal, Apple told to pay taxes and consumer confidence improves.