Latest finance news – Page 359
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NewsPet Supermarket parent files notice of intention to appoint administrator
Kokoba, the parent company of pet product etailers MedicAnimal and Pet Supermarket, has filed a notice of intention to appoint an administrator.
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NewsInfographic: John Lewis and Waitrose report sales increases in first half
John Lewis sales increased 4.2% last week after a “lively” start to the week and Waitrose reported a boost from the Great British Bake Off.
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NewsMajestic Wine names Naked Wines’ James Crawford as group finance chief
Majestic Wine has appointed James Crawford to the position of chief financial officer as the retailer enters a “growth phase”.
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NewsEtsy shares fall following warning that currency rates could hit results
Etsy shares tumbled 13% after the online marketplace warned that its third-quarter results could be hit by currency exchange rates.
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NewsShop prices drop for 27th consecutive month despite food edging up
Retail prices fell 1.4% in July compared with last year, marking the 27th consecutive month of retail price deflation.
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NewsWickes profits rise as online sales and range reviews gain traction
Travis Perkins’ consumer arm, which is dominated by Wickes, has reported a 13.9% jump in adjusted operating profit to £41m for the first half of 2015.
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NewsTM Lewin management buys remaining 20% stake in the business
TM Lewin management, backed by Bain Capital affiliate Sankaty Advisors, has bought out Caird Capital’s 20% stake in the business.
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NewsCarrefour turnaround boosted by first half Latin America and Europe sales
Carrefour is making solid progress with its turnaround following strong first-half performances in European and Latin American.
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NewsThorntons shareholders urged to accept Ferrero offer 'without delay'
Ferrero has extended the offer deadline to Thorntons’ remaining shareholders for a third time as it seeks to take full control of the retailer.
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NewsJD Sports signals higher than expected profits as trainers fly off shelves
JD Sports expects profits to come in 10% ahead of expectations after a strong first half in which like-for-likes beat forecasts.
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NewsInfographic: John Lewis revenues surge 10.2% as clearance Sale ends strongly
John Lewis recorded a sales surge for the week ending 25 July after furniture performed well and its clearance Sale ended well.
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NewsGrexit meltdown fears damage consumer confidence in July
Consumer confidence dropped in July as a result of concerns about a potential financial meltdown caused by instability in Greece.
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NewsBreakfast briefing: Retail news on GfK consumer confidence and Amazon
Retail news round-up on July 31, 2015: UK consumer sentiment dips in July and ex-Top Gear hosts sign up for show on Amazon’s streaming service.
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NewsLloydsPharmacy owner Celesio reports 25% jump in profits
Celesio has recorded a 25% jump in first-quarter earnings, which were boosted by strong performances in the UK, Norway and Italy.
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NewsFindel reports 'solid' start to year as sales rise 1.9% in first quarter
Findel has reported a “solid” start to the year as total sales increased 1.9% in the 17 weeks to July 24.
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NewsBonmarché like-for-like decline slows 'despite inconsistent weather'
Bonmarché like-for-likes slipped 0.7% in the 13 weeks to June 27, an improvement on the fall of 3.3% recorded in the previous quarter.
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NewsPets at Home hit by 'poor' health sales after warm weather in July
Pets at Home’s like-for-like growth dropped dramatically after poor sales of health and hygiene products and “very hot weather” in July.
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NewsMcColl's first-half profits rise despite 'very challenging' period
McColl’s has reported an improvement in first-half earnings despite a 1.9% slip in like-for-like sales.
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NewsNext raises full-year outlook after warm weather boosts first half
Next has reported a better-than-expected 3.5% rise in overall first-half sales as warm weather boosted performance.
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NewsUK consumer confidence rises to beat global average for first time since 2006
Consumer confidence in the UK has increased for the sixth consecutive quarter, overtaking the global average for the first time since 2006.