Latest finance news – Page 322
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NewsTesco inks deals to sell Giraffe chain and Turkish business
Tesco has confirmed plans to sell its Giraffe restaurant chain and its controlling stake in Turkish grocery business Kipa.
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NewsIceland posts flat full-year profits as performance stabilises
Frozen food specialist Iceland has posted flat full-year earnings and the rate of like-for-like sales decline has moderated.
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NewsBonmarché falls victim to tough trading conditions as profits slide
Womenswear retailer Bonmarché has posted a fall in full-year earnings after suffering amid tough trading conditions.
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NewsSainsbury’s finance chief John Rogers to become boss of Home Retail
Sainsbury’s finance supremo John Rogers is to become chief executive of Home Retail after the grocer’s takeover of the Argos owner.
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NewsAgenda: Ted Baker, N Brown and Sir Philip Green faces MPs
Retail Week looks ahead to next week with updates from Ted Baker and N Brown, while Sir Philip Green is due to face MPs over BHS’s collapse.
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NewsBreakfast briefing: Retail news on Mike Ashley, McColl's, Majestic Wine and more
Retail round-up on June 10, 2016: Ashley called to give evidence on BHS demise. McColl's eyes snapping up a clutch of Co-op stores and Majestic Wine overhauls its payment policy
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NewsTesco to sell Giraffe restaurant chain to Harry Ramsden's owner
Boparan Ventures has emerged as the mystery buyer behind the acquisition of the Giraffe restaurant chain from Tesco, reports Sky News.
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NewsArgos like-for-like sales flat as Sainsbury’s Home Retail deal nears
Home Retail Group reports sales at Argos levelled off, although total sales growth was the most significant for eight quarters.
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NewsBreakfast briefing: Retail news on Sports Direct and Tesco's Giraffe
Retail round-up on June 9, 2016: UK prime minister David Cameron slams Sports Direct’s “appalling practices”, and Tesco's Giraffe chain changes ownership.
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NewsAmerican Golf returns to the black following business review
Specialist golf retailer American Golf has got back on track following a restructure and refinancing of the business.
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NewsBHS inquiry: Chappell claims former owner Green stymied rescue sale to Ashley
Dominic Chappell told MPs that former BHS owner Sir Philip Green is to blame for the department store group’s demise.
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NewsShoe Zone's profits and sales hit as it closes 23 stores
Shoe Zone has revealed a fall in profits and sales as it closed a number of loss-making stores and invested in its Leicester distribution centre.
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NewsBoohoo reports sales rise and improved profitability as investment pays off
Online fast fashion retailer Boohoo has posted a surge in sales along with further growth in its active customer numbers.
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NewsSainsbury's boss Coupe 'confident' on Argos deal despite CMA probe
Sainsbury’s boss Mike Coupe insisted he is “confident” the acquisition of Argos will go ahead despite a probe by the competition watchdog.
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NewsWHSmith like-for-likes flat as high street sales slide
WHSmith has reported flat like-for-likes in its latest quarter as its high street business posted a sales drop, but travel performed strongly.
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NewsAo.com full-year losses widen, new chairman revealed
Ao.com’s full-year operating losses have widened as investment in Germany and costs from launching in the Netherlands took their toll.
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NewsSainsbury's first-quarter like-for-likes slide 0.8% as price war bites
Sainsbury’s has posted a 0.8% slip in first-quarter like-for-likes as food price deflation and the grocery price war continues to bite.
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NewsBreakfast briefing: Retail news on BHS, Tesco, Amazon and more
Retail round-up on June 8, 2016: Dominic Chappell blamed for BHS's demise, Tesco may sell Kipa and Giraffe chains and Amazon expands on groceries.
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NewsNew Look eyes BHS customers following department store's collapse
New Look boss Anders Kristiansen has said the value fashion retailer hopes to win customers from failed department store chain BHS.
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NewsNew Look profits and sales rise as China expansion drives growth
New Look has reported an increase in full-year profits and sales in what boss Anders Kristiansen has hailed as a “milestone year”.