Latest finance news – Page 5
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NewsTopps Tiles ‘outperforms’ market as sales rise
The eponymous business achieved a 2% increase in like-for-likes in the first quarter to December 27, helped by a 3.7% advance in its trade business and category extensions. The group, which notched up record revenues in its last financial year, posted revenue growth of 3.7% year ...
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NewsOka’s ‘rebuild’ project on course after seasonal sales hike
Oka has credited both Black Friday momentum and its winter sale period for a 21% year-on-year sales uplift in the run-up to Christmas.
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NewsNext raises profit outlook after better than expected Christmas
Next has raised its full-year profit outlook once again after reporting a better-than-expected Christmas trading.
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NewsClaire’s and The Original Factory Shop lines up administrators
The owner of Claire’s and The Original Factory Shop is set to place both retailers into administration, putting more than 2,000 jobs at risk.
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NewsInflation likely to remain ‘sticky’ in 2026, BRC warns
The impact of policy costs and regulation on retailers is expected to result in “sticky” inflation this year, trade body the British Retail Consortium has cautioned.
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NewsAldi celebrates bumper sales over record-breaking festive period
Aldi has recorded bumper Christmas trading as shoppers stocked up on premium own-label during the festive season.
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NewsTesco joins New York OTC trading platform
Tesco has joined the growing list of UK firms to begin trading on the OTC market in the US.
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NewsNext eyes rescue bid for LK Bennett
Next is reportedly exploring a rescue offer for premium womenswear brand LK Bennett.
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NewsFewer businesses expect sales rise in 2026 as confidence drops
Business confidence has deteriorated within SMEs, with companies reducing investment in response to tax increases and rising labour costs, a leading survey has found.
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NewsLidl sales and shopper numbers surge over Christmas
Value food retailer Lidl has reported a “record-breaking” Christmas with sales and customer numbers climbing.
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NewsCautious consumer mood to linger into new year
Consumers will start 2026 in a downbeat mood amid continued concern about the economy and the cost of living.
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NewsMothercare records a loss and plummeting sales
Mothercare has recorded a loss and falling sales in its first half as it drastically reduced its store count with its franchise partners.
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NewsFormer Waitrose boss named chief executive of Pets at Home
Pets at Home has appointed the former managing director of Waitrose as its new chief executive.
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NewsLK Bennett seeks out a buyer
Luxury fashion retailer LK Bennett is looking for a potential buyer and investor six years after being rescued from administration.
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NewsDune trading strongly following ‘painful’ period
Footwear and accessories retailer Dune has reported good trading in the autumn/winter period after a fall in sales and profits in its last financial year.
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NewsWHSmith admits ‘much to do to rebuild confidence’ as profits fall
Travel retail specialist WHSmith has reported a slip in earnings after an accounting controversy in the US that cost its chief executive his job.
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News2025 ‘has been a year of no progress’ for consumer confidence
Consumer confidence has risen by two points to -17 since November, according to GfK’s consumer confidence index, as overall results show stagnation from last year.
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NewsWaterstones’ owner prepares for potential IPO next year
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
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NewsMamas & Papas posts record-breaking Black Friday sales
Early years retailer Mamas & Papas reported record sales during the Black Friday trading period.
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NewsAmazon in talks to invest $10bn in OpenAI
The world’s largest online retailer would reportedly sell the ChatGPT developer chips and computing power as part of the proposed deal