Latest finance news – Page 301
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NewsToday in Retail: Can we expect a spending slowdown?
Concerns over fragile consumer confidence have been flagged in many a retailer’s results this year – and the latest GfK data summed up why.
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NewsFindel profits sink in half year as sales advance
Findel’s half-year profits have slumped, but its outgoing chairman David Sugden hailed an “extremely encouraging” performance in its Express Gifts division.
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NewsConsumer confidence drops amid ‘economic turmoil’
Overall consumer confidence has fallen five points in November to -8, driven by growing fears about the economy, latest GfK figures show.
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NewsHouse of Fraser fined for 'misleading' festive discounts
House of Fraser has been fined after it admitted misleading customers about discounts on its products ahead of Christmas last year.
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NewsToday in Retail: Topps and Ikea retain faith in the UK
As clouds of uncertainty continue to hang over UK retailers, it is comforting to hear the Topps Tiles boss speak of silver linings.
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NewsBlack Friday fuels ‘biggest ever week’ at John Lewis
Sales at John Lewis in the seven days to November 26 came in just shy of £200m, marking the department store’s “biggest ever week”.
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NewsBHS: Petition urges Green to plug £571m pension deficit
Former BHS staff and trade union representatives will deliver a petition to Sir Philip Green urging him to plug the collapsed retailer’s pension deficit.
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NewsTopps Tiles profits jump amid store and range investment
Topps Tiles has posted a jump in full-year profits as investments in growing its range and enhancing its store portfolio bore fruit.
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NewsIkea UK sales buoyed by new stores and online growth
Ikea UK has unveiled surging full-year sales as it presses ahead with plans to double the size of its British business by 2020.
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NewsSports Direct's auditor faces probe over delivery deal
Sports Direct’s auditor, Grant Thornton, is being investigated over an alleged undisclosed deal between the retailer and Mike Ashley’s older brother.
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NewsJD Sports buys Go Outdoors in £112m deal
JD Sports has acquired specialist Go Outdoors for £112.3m cash, which includes 58 stores across the UK.
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NewsDunelm acquires etail rival Worldstores for £8.5m
Home and furniture retailer Dunelm has snapped up struggling etailer Worldstores in a deal worth £8.5m.
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NewsOasis and Warehouse poised for sale by collapsed owner
Administrators for failed Icelandic bank Kaupthing are believed to be seeking new owners for its Coast, Oasis and Warehouse brands.
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NewsMothercare boss: "We've fared a hell of a lot better than most"
Mothercare’s boss has admitted the business “hit a bump” in the last six months, but insisted its turnaround is on track.
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NewsToday in Retail: Growing pains at Mothercare
Despite reporting falling like-for-likes and profits, the boss of Mothercare didn’t appear too rattled.
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NewsLondon’s West End poised for £115m Black Friday bonanza
Retailers in London’s West End are braced for a £115.5m Black Friday spending spree as stores across the region take part in the promotional frenzy.
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NewsPets at Home like-for-like sales and profits climb
Pets at Home has posted rising like-for-like sales and profits as it services division and online offer drove continued growth.
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NewsMothercare profits slump as like-for-like sales fall
Mothercare has reported a fall in half-year profits and like-for-like sales following “difficult” trading conditions.
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NewsScS order numbers jump as it nears 100 store mark
ScS has hailed a jump in customer order numbers since the start of its current financial year as the business closes in on 100 stores.
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NewsLovehoney sales and profits soar in full year
Lovehoney’s full-year sales and profits have soared, following a year of international expansion.