Latest finance news – Page 360
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NewsAmazon posts surprise profit and reveals new UK fashion push
Amazon has reported a surprise second-quarter profit after its sales jumped 20% boosted by a strong US performance.
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NewsKingfisher like-for-likes driven by B&Q and Screwfix: What the analysts say
DIY giant Kingfisher reported a 3.5% rise in second-quarter like-for-likes, driven by sales at B&Q and Screwfix. This is what the analysts said.
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NewsSainsbury's issues £250m of convertible bonds to plug pension hole
Supermarket giant Sainsbury’s is issuing £250m of convertible bonds in a bid to fill a deficit in its pension fund.
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NewsMothercare first quarter in line with expectations despite momentum slowing
Mothercare’s trading momentum has stalled in the first quarter but the retailer insisted its performance was in line with expectations.
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NewsKingfisher like-for-like growth picks up in second quarter
DIY giant Kingfisher has reported group like-for-likes up 3.5% in the 10 weeks to July 11, driven by strong performances at B&Q and Screwfix.
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NewsWhite Stuff sales and profits rise as online momentum continues
White Stuff has hailed “another year of strong performance” after its online channel and international business drove up sales and profits.
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NewsPaperchase owner rules out sale after turning down 'several offers'
Paperchase’s owner has ruled out a sale after turning down “several offers” for the business as its profits surge.
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NewsDFS records 'strong' second half as COO Jon Massey leaves after 27 years
DFS has revealed it had a “strong” second half of trading as chief operating officer Jon Massey steps down after 27 years at the retailer.
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NewsZalando profits hit but sales rise in second quarter update
German fashion etailer Zalando has said it will report a fall in profits for the second quarter of the year, depite sales surging.
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NewsAo.com reports 6.5% rise in first-quarter sales: What the analysts say
Ao.com today revealed a 6.5% rise in first-quarter sales and said July trading has been buoyed by the housing market. Here’s what the analysts say.
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NewsZara UK full-year profits rocket 31% as focus on sales growth pays off
Pre-tax profits at Zara’s UK business surged 31% to £49.1m after its focus on sales growth and tightening operating expenses paid off.
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NewsAo.com boosted by housing market in July after 'muted' first quarter
Ao.com has reported a strong start to trading in July as the housing market picks up after a “muted” first quarter for the etailer.
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NewsBreakfast briefing: Retail news on living wage, Tesco, Amazon and more
Retail news round-up on July 21, 2015: Living wage’s impact on c-stores, Dunnhumby buyers’ face contract overhaul and Amazon grocery.
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NewsDevin Wenig takes on eBay top job as PayPal is spun-off
Devin Wenig becomes the chief executive of eBay today as the online marketplace separates from its PayPal business.
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NewsUS grocery retailer A&P files for bankruptcy and plans to sells stores
US grocery chain Great Atlantic & Pacific Tea, better known as A&P, has filed for bankruptcy protection, according to reports.
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NewsMade.com raises £38m and appoints Susanne Given to board
Made.com has raised $60m (£38m) to accelerate European expansion and appointed former SuperGroup executive Susanne Given to its board.
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NewsFerrero extends offer deadline to remaining Thorntons shareholders
Ferrero has extended the deadline for Thorntons’ remaining shareholders to accept its offer for a second time as the Italian chocolate maker bids to take full control of the UK firm.
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NewsSports Direct 'confident' over future deals despite House of Fraser miss
Sports Direct’s boss Dave Forsey has said the group is still active in the acquisitions market despite missing out on deals in the last year.
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NewsSports Direct reports profits rise but cuts bonus scheme EBITDA target
Sports Direct underlying pre-tax profit surged 20.5% to £300.3m in its full year to April 2 but it has cut its bonus scheme EBITDA target.
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NewsBreakfast briefing: Retail news on retail sales, eBay and Apple
Retail news round-up on July 16, 2015: Small firms see volatile retail sales, eBay mulls enterprise business sale and Apple’s Iranian launch