Latest finance news – Page 342
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NewsConsumer confidence stalls as Brexit concerns hit home
UK consumer confidence has stalled at zero for the second month running as Brexit concerns begin to take their toll.
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NewsMetro Group to split into two businesses in a bid to 'accelerate growth'
German retail giant Metro has unveiled plans to split into two businesses in a bid to “accelerate growth” and increase its customer focus.
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NewsSports Direct raises stake in Findel to close to 30%
Sports Direct has upped its stake in Findel to nearly 30% – close to the point at which it would have to table a formal bid.
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NewsFoyles back in the black as sales edge up and costs are cut
Bookseller Foyles has revealed a return to full-year profit as cost controls and an increase in sales boosted its bottom line.
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NewsJD Sports completes on €26.5m Dutch deal after competition clearance
JD Sports has completed its €26.5m (£20.9m) deal to acquire beleaguered Dutch chains Perry Sport and Aktiesport from Unlimited Sports Group.
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NewsBHS to sell Oxford Street lease to Abu Dhabi landlord
BHS is to sell its Oxford Street flagship lease to the landlord, Abu Dhabi’s ruling family, as part of its plans to restructure.
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NewsNotonthehighstreet in talks to raise £25m in new shares
Notonthehighstreet.com is raising capital to accelerate its growth and take it closer to the prized $1bn (£700m) price mark milestone.
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NewsFindel hails ‘improvement in sales performance’ months after profit warning
Findel has hailed “an improvement” in sales performance, just two months after it warned on profits following a tough third quarter.
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NewsNext profits rise but boss Lord Wolfson warns of 'toughest' year since 2008
Next has posted a 5% uplift in full-year profits but boss Lord Wolfson warned that this year could be the retailer’s “toughest” since 2008.
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NewsGame boss Gibbs expects 'pain' of console upgrade to subside within a year
Game boss Martyn Gibbs has insisted the “pain” of customers crossing over to newer consoles will subside within the coming year.
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NewsKingfisher profits fall as Screwfix sales jump: what the analysts say
Kingfisher full-year profits fell 20.5% but like-for-like sales rose for B&Q and Screwfix. Here’s a look at what the analysts said.
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NewsBHS survives as 95% of creditors vote in favour of pivotal CVA
BHS has been given the green light to proceed with a CVA after 95% of creditors voted in favour of the proposals at the first of two crucial meetings.
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NewsJD Sports inks €26.5m deal for Dutch chains Perry Sport and Aktiesport
JD Sports has struck a €26.5m (£20.9m) deal to acquire beleaguered Dutch chains Perry Sport and Aktiesport from Unlimited Sports Group.
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NewsLaura Ashley full-year profits drop 9.6% despite strong like-for-likes
Laura Ashley has reported a 9.6% fall in full-year profits owing to a “challenging” international market, offset by strong like-for-likes.
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NewsSports Direct admits full-year profits will be near bottom of target range
Sports Direct has clarified its full-year profits are expected to be at the bottom of its target range, after comments by boss Mike Ashley.
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NewsGame half-year profits tumble 32% as UK market remains "challenging"
Game has posted a 32.2% drop in half-year pre-tax profits and fall in sales as it continues to be hit by a “challenging” UK market.
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NewsKingfisher full-year profits slide but B&Q and Screwfix sales up
Kingfisher has reported a 20.5% fall in full-year pre-tax profits but boss Véronique Laury said its turnaround has made “solid progress”.
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NewsBHS to learn its fate today as landlords and creditors vote on CVA
BHS will today find out if its proposed CVA application to reduce rents on more than half of its stores has been approved by landlords.
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NewsBreakfast briefing: Retail news on UK inflation and Moody’s warning
Retail news round-up on March 23, 2016: February inflation rate remains flat and Moody’s warn that Brexit would burden retailers and food suppliers with extra costs.
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NewsSports Direct's share price tumbles as MPs launch fresh attack on Ashley
Sports Direct’s share price has nosedived today after founder Mike Ashley admitted the embattled retailer is “in trouble”.