Latest finance news – Page 265
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NewsConsumer confidence rebounds after July slump
Consumer confidence has increased in all measures in August as shoppers respond to “some signs of stability” in the wider UK economy.
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NewsCo-op closes in on deal for convenience chain Nisa
The Co-op is close to making an offer for member-owned wholesaler and convenience store group Nisa.
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NewsMatchesfashion nears £800m sale to Apax Partners
Matchesfashion.com is fast approaching an £800m sale to Apax Partners as the bidding war for the luxury retailer heats up.
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NewsDixons Carphone investors call for faster succession plan
Dixons Carphone shareholders want the retailer’s board to accelerate a search for the next chief executive following last week’s profit warning.
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NewsSports Direct boss Ashley will not attend AGM
Sports Direct tycoon Mike Ashley will shun the retailer’s annual general meeting next week.
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NewsTesco and Booker bosses defend £3.7bn merger plans
Tesco and Booker have staunchly defended their proposed £3.7bn merger as the impact of the tie-up creates further shockwaves in the convenience sector.
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NewsPhilip Green’s Arcadia agrees deal with BHS liquidators
Arcadia has agreed to pay tens of millions of pounds to unsecured creditors in BHS following the collapse of the department store chain.
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NewsTopshop to relaunch wholly owned stores in Australia
Topshop and Topman is relaunching wholly owned stores in Australia, months after a separately owned franchise business tumbled into administration.
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NewsAmazon to slash Whole Foods prices from Monday
Amazon will complete its acquisition of Whole Foods on Monday – and has unveiled plans to immediately slash prices at the upmarket grocer.
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NewsAgenda: WHSmith, shop prices and consumer confidence
Retail Week looks ahead to the next seven days, with a pre-close update from WHSmith, the latest Shop Price Index and an update on consumer confidence all on the agenda.
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NewsMobile slowdown dims Dixons Carphone’s shine
Dixons Carphone released first-quarter results with a boost in sales across the board today – so why has its share price slumped?
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NewsDixons warns on profits as mobile market bites
Dixons Carphone has issued a profit warning, blaming the tough UK mobile phone market for its woes.
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NewsWhole Foods shareholders approve $13.7bn Amazon deal
Amazon’s $13.7bn acquisition of Whole Foods has moved a step closer after the grocer’s shareholders voted in favour of the deal.
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NewsTesco opens £85m investor compensation scheme
Tesco has opened a £85m compensation scheme to make payouts to thousands of shareholders in the aftermath of its accounting scandal.
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NewsLaura Ashley profits nosedive in ‘challenging’ year
Laura Ashley profits and sales plummeted at the full-year mark, which the retailer attributed to challenging trading conditions and the weak pound.
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NewsGame’s full-year sales edge up despite UK slump
Game has reported a nominal rise in its full-year sales, driven by an improved performance in its second half.
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NewsEx-BHS owner Dominic Chappell to be prosecuted
The Pensions Regulator is set to prosecute Dominic Chappell following his failure to hand over information and documents during its investigation into BHS’ sale.
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NewsAshley ups Debenhams interest with direct stake
Mike Ashley has increased his interest in ailing department store Debenhams once again and, for the first time, has taken a direct stake.
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NewsThe Hut Group snaps up major beauty retailer
The Hut Group has bolstered its beauty offer, acquiring a major Australian beauty retailer just one week after buying Glossybox.
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NewsClintons’ losses mount as business costs bite
The greetings card specialist expects tough trading after increased losses in its past financial year but is confident improvements will deliver results.