Latest finance news – Page 305
-
NewsTK Maxx profits jump amid 'aggressive' cost controls
TK Maxx has posted a jump in full-year pre-tax profits after growing sales and focusing “aggressively” on cost controls.
-
NewsToday in retail: Zero Christmas profits from Amazon?
Imagine a quoted UK retailer telling the City that it might make no money over the peak Christmas trading period. Zilch. Not a sausage.
-
NewsLenta to acquire rival Kesko's grocery business
Russia’s largest hypermarket chain Lenta has penned a multi-billion ruble deal to acquire rival Kesko’s grocery business.
-
NewsAmazon sales soar but profits lower than expected
Amazon has revealed lower than expected profits despite soaring sales in its third quarter.
-
NewsConsumer confidence drops as sterling declines
Consumer confidence has dropped two points, driven by the sharp decline in the value of the pound.
-
NewsAgenda: Next and Morrisons post updates
Retail Week looks ahead to the next seven days with third-quarter trading updates from Next and Morrisons both on the agenda.
-
NewsLondon alliance calls for business rates reform
A group of more than 40 organisations have joined forces with the Mayor of London to lobby for business rates reform.
-
NewsSelfridges profits hit by £300m Oxford Street revamp
Selfridges has suffered a dip in full-year profits after investing heavily in revamping its flagship Oxford Street store.
-
NewsDebenhams like-for-likes and profits edge up in full-year
Debenhams’ like-for-like sales and profits have crept up as its strategy to rebalance towards non-clothing starts to pay off.
-
NewsToday in retail: Government responds to BHS inquiry
The Government has responded to the parliamentary select commitee inquiries into BHS and the message to retailers, and other businesses, is that they are going to be under scrutiny.
-
NewsApple sales and profits dip as iPhone purchases fall
Apple has reported a drop in its fourth quarter sales and profits as iPhone sales continue to decline and computer sales slump.
-
NewsHomebase like-for-like transactions up in first quarter
New Homebase owner Wesfarmers has reported an increase in transactions in its first complete quarter since acquiring the DIY retailer.
-
NewsShoe Zone sales drop as it shutters loss-making stores
Shoe Zone expects full-year sales to drop by about 4% as it presses ahead with plans to shutter loss-making stores.
-
NewsCarpetright suffers fall in first-half like-for-likes
Carpetright has posted a drop in like-for-likes during its first half and warned that the fall in the value of the sterling will dent margins.
-
NewsToday in retail: Overseas operations in focus
Overseas operations have been the talk of retail today as BHS looks to expand its footprint and others have come under fire.
-
NewsWalgreens Boots Alliance profits jump but UK sales dip
Walgreens Boots Alliance’s profits jumped in its fourth quarter, but falling UK sales impacted the performance of its international division.
-
NewsEx-Tesco trio to stand trial for fraud next September
The three former Tesco executives charged with fraud over the grocer’s £263m accounting scandal will stand trial next September.
-
NewsAgenda: Debenhams and Carpetright post updates
Retail Week looks ahead to the next seven days as Debenhams prepares to unveil full year figures and Carpetright posts its latest quarterly update.
-
NewsFive takeaways from Carrefour's third-quarter update
Carrefour’s third-quarter results revealed it is moving in the right direction in many markets, with operations in France in particular making gains.
-
NewsHotel Chocolat gets ‘credible approaches’ to expand abroad
Hotel Chocolat boss Angus Thirlwell says the retailer has been inundated with “credible approaches” from potential international partners since floating, as it mulls overseas expansion.