Latest finance news – Page 256
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NewsBonmarché profits jump as turnaround bid builds momentum
Bonmarché has posted a spike in half-year profits and sales as boss Helen Connolly’s turnaround efforts began to bear fruit.
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NewsBrightHouse bondholders on cusp of restructuring deal
BrightHouse owner Vision Capital could be left with just a 3% stake in the retailer as part of a £220m restructuring of the embattled business.
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NewsAgenda: Bonmarché, AO, Kingfisher, Quiz, Mothercare, Majestic
Retail Week looks ahead to the next seven days, with updates from Bonmarché, AO, Kingfisher, Quiz, Mothercare and Majestic on the agenda.
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NewsThe Range profits advance amid aggressive expansion
The Range delivered a jump in pre-tax profits in its last full year as the value retailer continued on its successful streak of sales growth.
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NewsMountain Warehouse profits jump as it revs up expansion
Mountain Warehouse recorded a rise in half-year profits and sales as it beefs up international expansion and rolls out activewear brand Zakti across its stores.
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NewsAsda hails second consecutive quarter of sales growth
Asda has posted its second consecutive quarter of sales growth as its turnaround efforts gather momentum.
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NewsFarfetch losses widen despite soaring sales
Farfetch’s losses have increased in its last financial year amid the business gearing up to prepare for a float.
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NewsTed Baker beats tough conditions with sales rise
Ted Baker has posted a third-quarter sales rise, despite tough trading conditions in some of its markets.
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NewsTesco-Booker merger plan blasted by leading shareholder
Tesco’s planned merger with wholesaler Booker has been attacked by one of the grocer’s top shareholders.
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NewsCard Factory sales rise but 'external' pressures bite
Card Factory said sales grew 6.7% in the nine months to October 31, but warned that it still faces pressure from slumped Sterling and rising wages.
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NewsGame full-year profits slide amid 'volatile' markets
Game has racked up full-year losses as the retailer battled with a ‘volatile’ UK gaming market and invested in its fledgling events and esports business.
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NewsChristmas trading will be 'unforgiving', warns B&M boss
B&M’s chief executive Simon Arora says that the golden quarter would be challenging for retailers that had not nailed their ‘in-store experience, pricing or product.’
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News
Tesco-Booker deal wins CMA approval following probe
Tesco’s proposed merger with wholesale supplier Booker has edged closer as the £3.7bn deal was provisionally cleared by the Competition and Markets Authority.
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NewsB&M profits soar as it ploughs on with store expansion
B&M has recorded a spike in interim sales and profits as boss Simon Arora said the retailer continued to “prosper in a challenging retail environment”.
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NewsIkea sales grow as it hits 30-year UK anniversary
Ikea’s UK sales rose as the Swedish furniture and homewares retailer marked 30 years in Britain.
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NewsNisa members give green light to £137.5m Co-op deal
Nisa members have voted in favour of the Co-op’s £137.5m takeover bid following a crunch ballot today.
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NewsAgenda: Asda updates and ONS retail sales data
Retail Week looks ahead to the next seven days, with an update from Asda and inflation and retail sales data from the ONS on the agenda.
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NewsGo Outdoors profits and sales rise as it eyes expansion
Go Outdoors, which was acquired by JD Sports this year, posted a healthy boost in full-year sales bolstered by new stores.
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NewsSuperdry sales up but soaring wholesale hits margins
Superdry’s sales shot up in its half year, boosted by a stellar performance in its wholesale division.
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NewsHalfords profits down despite strong retail performance
Halfords profits dipped at the half-year mark despite a strong performance in its retail services division.