Latest finance news – Page 304
-
NewsToday in retail: Sainsbury's 'brain gain' gathers pace
It’s been a year of acquisitions for Sainsbury’s, most notably the additions of Argos and Habitat to its growing business.
-
NewsPaperchase to launch stores in US next year
Paperchase is poised to open its first standalone stores in the US next year after growing UK sales by 11% to £114m in its last full-year.
-
NewsFurniture Village grows profits and store footprint
Furniture Village said its expansion plans were “firmly on course” as it posted a 13% uplift in full-year EBITDA, excluding exceptionals, to £9.6m.
-
NewsToday in retail: Christmas ad TV battle blasts off
The starting gun has well and truly been fired on the battle for the most popular Christmas ad.
-
NewsDFS private equity backer Advent halves stake
Private equity group Advent International has sold half its stake in furniture retailer DFS for £61.7m, cutting its holding to 12.1%.
-
NewsBHS: Green could agree pension deal by Christmas
Sir Philip Green could strike a deal with the Pensions Regulator by Christmas over the BHS deficit, according to reports.
-
NewsAgenda: M&S, Sainsbury's, Halfords and SuperGroup
Retail Week looks ahead to the next seven days with financial updates from Marks & Spencer, Sainsbury’s, Burberry, Halfords and SuperGroup all on the agenda.
-
NewsPhilip Green’s pensions offer ‘£100m less than needed’
Sir Philip Green is reportedly offering £100m less than is necessary to fill the BHS pensions black hole.
-
NewsToday in retail: Good shopkeeping lifts Morrisons’ sales
Morrisons impressed today when it reported like-for-like growth of 1.6% in the third quarter – quite an achievement in the hard-fought food market.
-
NewsMorrisons Potts: We will 'work very hard' to keep prices low
Morrisons boss David Potts has insisted the grocer will “work very hard” to reduce prices despite the slump in the value of the pound.
-
NewsMorrisons like-for-likes lift in third quarter
Morrisons boss David Potts said “there is a lot more we plan to do” despite the grocer’s like-for-likes rising 1.6% in its third quarter.
-
NewsAnalysis: What did we learn from Next's results?
Lord Wolfson’s warning earlier this year, that 2016 would be the toughest since the financial crisis began in 2008, was prophetic.
-
NewsHarrods profits spike despite 'tough' conditions
Harrods has posted a jump in full year profits and sales despite “tough trading conditions” on British high streets.
-
NewsDeflation continues as BRC warns of 'inevitable' inflation
Deflation continued apace in October, with shop prices falling 1.7%, as the BRC warned that imported inflation was “inevitable” next year.
-
NewsNext’s sales drop again in 'difficult' third quarter
Next suffered during its third quarter before full-price sales were boosted by October’s cold weather.
-
NewsToday in retail: HMV makes a chart hit of its own
There’s life in the old dog yet – Nipper that is, the HMV pooch.
-
NewsBHS: Dominic Chappell 'bled it dry', says Paul Sutton
Former BHS owner Dominic Chappell “bled it dry”, according to the man who introduced him to the idea of buying the retailer.
-
NewsRetailers urged to prepare for launch of new £1 coin
The Treasury has advised businesses to start preparing now for the introduction of the new £1 coin.
-
NewsTesco investors file damages claim for over £100m
A group of 125 shareholders have filed a claim for more than £100m in damages from Tesco following the grocer’s accounting scandal.
-
NewsAll Saints profits rise as it targets overseas expansion
All Saints has posted its fourth consecutive year of rising profits and sales and targeted further international growth.