Latest finance news – Page 336
-
NewsBHS administrators hire Savills to advise on store portfolio
BHS’s administrators have appointed property agency Savills to advise on its portfolio as they step up efforts to sell the business.
-
NewsCo-op offloads former Somerfield sites as it increases c-store focus
The Co-op has offloaded a host of stores it acquired in the ill-fated purchase of Somerfield as it reshapes its core convenience estate.
-
NewsConforama ups stake in Darty as tussle with Fnac continues
Steinhoff-owned Conforama revealed this morning that its shareholding of London-listed Darty now stands at 20.4% and is set to increase further.
-
NewsJoules and discount retailer The Range shape up to launch IPOs
Fashion firm Joules is close to launching a £140m float, while discount furniture and DIY retailer The Range is also gearing up to go public.
-
NewsBargain Booze owner Conviviality bags wholesaler Bibendum in £60m deal
Bargain Booze owner Conviviality is back on the acquisition trail after striking a deal to acquire drinks wholesaler Bibendum for £60m.
-
NewsBreakfast briefing: Retail news on BHS, Joules, Conviviality Retail and more
Retail round-up on April 03, 2016: Mike Ashley is plotting a bid to rescue BHS, Joules to press ahead with stock market listing and Pets at Home buys two specialist referral centres.
-
NewsPets at Home snaps up vet centres as it grows service offer
Pets at Home has added two veterinary specialist referral centres to the group’s portfolio as it seeks to build its services business.
-
NewsAnalysis: Dairy Farm faces headwinds as it revamps Indonesian business
Dairy Farm Indonesia, the market’s leading supermarket chain, has unveiled first-quarter losses as it continues to revamp its operations.
-
NewsAnalysis: BHS is on the ropes, but these five retailers pack a punch
BHS may have lost its resonance with shoppers, but vibrant new retailers are emerging to add a bit of spice to the high street.
-
NewsRetail diary: Amazon boss tackles bears and Tesco attracts Hungary zebras
Amazon UK’s new boss Doug Gurr grapples with polar bears while Tesco attracts a new type of customer to its Hungary stores
-
NewsBHS could be bought out of administration by property millionaire
The majority of BHS’s 164-strong store estate could be bought out of administration in a rescue bid by property millionaire Yousuf Bhailok.
-
NewsLloydsPharmacy may have to sell stores to clear Sainsbury's deal
LloydsPharmacy could have to sell stores as a result of competition concerns as it looks to acquire Sainsbury’s pharmacy business.
-
NewsAmazon profits and sales increase driven by its cloud software offer
Amazon’s sales and profits increased in the first quarter driven by sales of its own product ranges and its AWS cloud software.
-
NewsConsumer confidence hits 15-month low as Brexit anxiety grows
UK consumer confidence has fallen into negative territory for the first time since last January as Brexit uncertainty takes hold.
-
NewsBreakfast briefing: Retail news on BHS and Amazon
Retail round-up on April 29, 2016: Property tycoon wants to save at least three-quarters of BHS's 164 stores and Amazon swings to first-quarter profit.
-
NewsMPs launch inquiry into Arcadia's sale of BHS to Retail Acquisitions
MPs have launched an inquiry into the sale and acquisition of BHS, following its collapse into administration earlier this week.
-
NewsBHS administrators “continue to seek sale as going concern”
The administrators tasked with finding a buyer for department store BHS have said they are continuing to try and sell it as a going concern.
-
NewsBHS former owner moves closer to making a bid to buy back chain
BHS’s former owner Dominic Chappell said talks with US investors were at a “mature” stage as he plans a bid to buy the beleaguered chain.
-
NewsMoss Bros, Joules, White Stuff and Jones circle Austin Reed stores
Moss Bros, Joules, White Stuff and Jones the Bootmaker are all circling Austin Reed’s store portfolio, Retail Week has learned.
-
NewsSteinhoff's Conforama pulls out of bidding war with Fnac over Darty
Steinhoff-owned Conforama has confirmed it will not be upping its final offer for London-listed Darty, despite being trumped by Fnac.