Latest finance news – Page 285
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NewsBreakfast briefing: Boots, The Body Shop and more
Retail news round-up: Boots reports drop in sales, CJ group interested in The Body Shop and Argos to launch own-brand products
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NewsToday in retail: Tesco, Booker, Argos and Smiggle
When was the last time you went shopping in the middle of the night?
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NewsTesco-Booker: 70% of investors 'in favour' of deal
Tesco is on track to win the backing of shareholders over its proposed takeover of Booker, a survey of investors has suggested.
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NewsNisa boss: Tesco Booker deal will cause ‘enormous pain’
Nisa boss Nick Read has argued that Tesco’s proposed takeover of wholesaler Booker will cause an “enormous amount of pain” as well as some opportunities.
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NewsFood prices rise steeply as retailers' costs stack up
Food inflation accelerated to 1% in March, marking the sharpest rise in food prices since February 2014, as supermarkets face climbing commodity costs.
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NewsManoMano takes aim at UK DIY market in debut year
A year after launching in the UK, European DIY and gardening etailer ManoMano has unveiled its maiden results.
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NewsBreakfast briefing: Tesco, Ann Summers and more
Retail news round-up: Tesco-Booker deal may be threat and opportunity for Nisa, Ann Summers in Ireland reports loss and Carphone Warehouse in Ireland records pre-tax losses
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NewsKoovs sales climb as repeat customer numbers double
Koovs posted soaring full-year sales as the Indian fashion etailer’s number of units shipped and return customers both doubled.
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NewsTopps Tiles sales slump in “tougher” market
Topps Tiles posted a drop in overall and like-for-like sales against strong comparatives and in “softer market conditions.”
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NewsAsos profits jump as etailer raises full-year sales forecast
Asos reported soaring profits and sales at the half-year mark in what chief executive Nick Beighton heralded as “a strong set of results”.
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NewsToday in retail: No Express checkout for Tesco-Booker
Tesco’s proposed £3.7bn Booker takeover has come under more pressure with experts suggesting the grocer may have to ditch hundreds of its Express convenience stores.
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NewsJaeger poised to tumble into administration
Jaeger is poised to fall into administration this week, leaving the future of 25 stores and almost 700 jobs hanging in the balance.
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NewsTesco faces pressure to close c-stores under Booker deal
Tesco could be forced to shutter hundreds of convenience stores amid concerns from rivals and shareholder groups over its £3.7bn Booker deal.
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NewsArcadia pension deficit balloons to almost £1bn
The black hole in Arcadia’s pension scheme has ballooned to almost £1bn, documents published by MPs have revealed.
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NewsToday in retail: Brexit plans can restore confidence
In the week Article 50 was triggered, the ramifications of last summer’s Brexit vote were made clear once more today.
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NewsConsumers 'remain cagey' in March as living costs rise
Consumer confidence languished in negative territory in March as shoppers remained downbeat about the UK’s economic situation.
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NewsToday in retail: New horizons for John Lewis and AO
John Lewis’ managing director Paula Nickolds has said the department store will focus on developing customer service while driving efficiencies.
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NewsDFS to plump-up manufacturing on home soil post-Brexit
DFS plans to increase the number of products it manufactures in the UK as part of its strategy to mitigate currency headwinds.
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NewsH&M to unveil Arket fascia in London as profits fall
H&M has revealed that it will unveil its new fascia Arket in London this autumn against a backdrop of falling profits.
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NewsAO.com revenue soars but full-year loss expected
AO has reported rocketing revenues but says it expects to make a full-year loss in 2017.