Latest finance news – Page 372
-
NewsFood retail employment continues to fall as customers change shopping habits
Employment in the food retail sector has continued to decrease as consumers shift towards convenience shopping and online.
-
NewsTesco boss Dave Lewis: We'll behave our way out of trouble
Tesco boss Dave Lewis said the embattled grocer will “behave our way out” of trouble after reporting the biggest loss in its history today.
-
NewsWickes reports continued sales growth up 8.7% in first quarter
Travis Perkins’ consumer arm, which largely consists of Wickes, has reported continued sales growth of 8.7% for its first quarter in 2015.
-
NewsLive blog: Reaction to Tesco's full-year pre-tax losses of £6.38bn
Follow our live blog for the latest updates and reaction to the news that Tesco has reported its worst-ever pre-tax loss of £6.38bn.
-
NewsVideo: Tesco boss Dave Lewis pledges 'continued investment' despite huge losses
Tesco boss Dave Lewis has pledged ‘continued investment’ in the business despite the grocer revealing a £6.38bn loss this morning.
-
NewsTesco plunges to worst-ever pre-tax loss of £6.38bn after 'difficult year'
Embattled supermarket giant Tesco has revealed statutory pre-tax losses of £6.38bn for 2014/15, the biggest loss in the grocer’s history.
-
NewsPrimark half-year profits up 11% despite flat like-for-likes
Value fashion giant Primark has revealed an 11% rise in half-year operating profits, despite reporting flat like-for-like sales.
-
NewsCarpetright profits to beat forecasts as it turns around European business
Carpetright has revealed its full-year pre-tax profits will be ahead of expectations as its European operation enters the black.
-
NewsHouse of Fraser full-year sales and profits up as online surges
House of Fraser has reported a rise in full-year sales and profits, helped by a strong performance from its online business.
-
NewsShoe Zone warns on sales and profits as warm weather hits performance
Shoe Zone has warned that its full-year results will be “below market expectations” after warm autumn and winter seasons hit sales and profits.
-
NewsPets at Home like-for-likes and revenues jump after focus on health
Pets at Home saw like-for-like sales jump 4.2% in its first year since floating on the stock exchange, driven by a focus on health and wellbeing.
-
NewsRakuten buys a stake in online discount platform Fanli
Japanese ecommerce giant Rakuten has bought a stake in online discount provider Fanli as part of the etailer’s plans for global expansion.
-
NewsAlibaba fined £86,450 for Single’s Day 2013 pricing issues
Alibaba has been fined 800,000 yuan (£86,450) over pricing issues during the etail giant’s Single’s Day promotional event
-
NewsBenetton Group doubles compensation to victims of Rana Plaza disaster
The Benetton Group revealed it has doubled the compensation it has paid after it contributed $1.1m to the Rana Plaza Trust Fund.
-
NewsThe Hut Group unveils full-year earnings up 50% as sales surge
The Hut Group has revealed record-breaking sales and profits as it invests in technology ahead of more website launches.
-
NewsNew Look in talks with Chinese investors as it eyes sale over flotation
New Look has entered talks with Chinese investors as it leans towards a sale rather than a stock market flotation.
-
NewsTesco expected to unveil £5bn loss as property writedown hits home
Tesco is expected to unveil a loss of up to £5bn, the worst results in its history, on Wednesday at its full-year results.
-
NewsPoundland takeover of 99p Stores to undergo in-depth CMA investigation
Poundland’s planned takeover of 99p Stores will undergo an in-depth investigation after it opted not to address competition concerns.
-
NewsCoast boss takes back creative reins after management restructure
Coast chief executive Kate Bostock will take on more of a creative role following the appointment of managing director Andrew Skinner.
-
NewsEtsy shares soar 88% on first day of trading on stock market
Etsy made its stock market debut yesterday, with shares in the online marketplace closing at $30 (£20), an 88% increase on its IPO.