Latest finance news – Page 102
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NewsMorrisons one step closer to CMA approval with plans to sell McColl’s stores
The Competition and Markets Authority has said it is “minded to accept” Morrisons’ proposal to divest 28 stores in response to competition concerns.
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NewsQuiz Clothing sales jump as customers seek 'glamorous looks at value prices'
Quiz Clothing has recorded an uplift in sales over the last six months as its occasionwear and dresses resonate with consumers.
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News'Sustainability is the key to return to profit,' says Superdry boss
Superdry’s sustainability push has driven its stellar results, according to chief executive Julian Dunkerton.
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NewsSuperdry returns to profit on back of strategic progress
Fashion retailer Superdry is back in the black, helped by the lifting of pandemic restrictions and progress on its turnaround strategy.
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NewsAsda launches £1 meal deal for over-60s as cost-of-living crisis bites
Asda has launched a £1 ‘winter warmer’ meal deal for older customers struggling with the cost-of-living crisis.
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NewsDreams profits climb as sales outpace inflationary pressures
Beds specialist Dreams has reported strong profits and a surge in turnover, despite squeezed margins and temporary store closures last year.
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NewsN Brown profits tumble as cost-of-living crisis shrinks online market
N Brown has reported falling profits and sales as the ongoing inflationary environment and cost-of-living crisis shrinks the online market.
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NewsTopps Tiles posts record sales as online business grows
Topps Tiles has achieved record annual revenues for a second consecutive year and expects profits to be towards the upper end of market expectations.
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NewsHalfords boosts garages arm with swoop on Lodge Tyre
Automotive specialist Halfords is acquiring Lodge Tyre, which will make it the UK’s largest business-to-businesscommercial tyre provider by revenue.
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NewsTesco locks down prices and raises staff pay as profits slip
Top grocer Tesco has unveiled “a vast new price-lock commitment” and increased hourly-pay pay for the second time this year as the cost of living crunch hits consumers and colleagues alike.
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NewsMade.com prospective buyers given mid-October deadline
Made.com has begun discussions with a number of interested parties as part of its formal sale process.
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NewsGreggs sales on a roll as store numbers grow
Greggs has opened 90 new stores so far this year, with 60 more to come.
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NewsMorrisons faces down £100m borrowing costs hit
Supermarket giant Morrisons is facing a £100m bulge in its borrowing costs as market volatility takes further toll on the debt-laden business.
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NewsFrasers urges MySale shareholders to accept offer as it threatens to delist business
Frasers has urged MySale shareholders to accept its 2p per share offer, and warned if it failed to garner full support it could delist the business from the stock exchange.
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NewsJoules says turnaround 'progressing well' amid CVA rumours
Joules has responded to rumours of a potential company voluntary arrangement (CVA) as it continues its turnaround strategy.
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NewsMade.com losses widen as it looks for a buyer
Made.com has reported deepening losses following the decision to put itself up for sale.
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NewsMorrisons’ Trevor Strain in frame for top M&S role
Morrisons’ departing chief operating officer Trevor Strain is a leading contender to take on an executive role at Marks & Spencer, Retail Week has learned.
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NewsCo-op profits drop in ‘highly challenging’ market
The Co-op has suffered a decline in profitability as it battles to cut costs and shore up its balance sheet.
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NewsH&M blames closure of Russian business for 'significantly' affecting sales and profits
H&M has blamed the pause and eventual winding-down of its Russian business for a significant drop in revenues and profits.
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NewsNext downgrades profit guidance as Wolfson prepares for long-term instability
Next has revised down its full-year profit and sales guidance despite a better-than-expected first half as Lord Wolfson prepares the business for an extended period of financial uncertainty.