Latest finance news – Page 394
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NewsGo Outdoors reports increase in full-year sales and earnings
Specialist retailer Go Outdoors has reported an increase in sales and earnings after making a range of improvements to the business.
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NewsHalfords sales and profits rise in first half as retail strategy kicks in
Halfords’ profit before tax and non-recurring items increased 10.8% to £49.4m in the first half as its retail strategy bore fruit.
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NewsMorrisons 'encouraged by progress' despite 6.3% like-for-like fall
Morrisons’ like-for-likes excluding petrol slumped 6.3% in the 13 weeks to November 2 and total sales excluding fuel were down by 3.6%.
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NewsMarks & Spencer's first half results: What the analysts say
Marks & Spencer beat expectations as underlying pre-tax profits rose 2.3% to £268m in its first half. Retail Week takes a look at the City’s reactions.
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NewsFood inflation hits record low after downward pressure from fresh grocery deflation
Food inflation fell to the lowest level on record in October on the back of fresh food deflation across milk, cheese, eggs, vegetables and convenience food.
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NewsMarks & Spencer first-half results beat expectations
Marks & Spencer has posted better than expected first-half results despite warm autumn weather taking a toll on sales at its pivotal clothing division.
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NewsPhotoBox buys Spanish counterpart Hofmann as it scales business
Personalised products company PhotoBox has acquired Spanish counterpart Hofmann as it accelerates its international expansion.
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NewsPrimark reports profits up 30% and sales growth of 17%
Value fashion chain Primark has reported adjusted operating profit up 30% at constant currencies to £662m and a sales increase of 17%.
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NewsBreakfast briefing: Retail news on Business Rates and John Lewis
Retail news round-up on November 4, 2014: Surge in business rates bill likely; John Lewis launches largest-ever cuddly toys range for Christmas.
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NewsWiggle sales and profits soar following 'fast growth' in Europe
Online cycling retailer Wiggle has recorded a jump in annual sales and profits driven by fast growth across Europe and strong UK performance.
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NewsSelfridges profits hit record £150m on the back of surging sales
Selfridges has revealed record operating profits on the back of surging sales following rapid growth of its international online business.
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NewsIkea sales jump 11.3% as it prepares biggest ever investment in price cuts
Ikea has increased annual sales by 11.3% and unveiled plans for its largest investment into lowering prices.
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NewsTesco eyes partial sale of banking arm as part of £1bn flotation
Tesco is considering the sale of a stake of its banking arm to raise money as it battles to turnaround the business after an accounting scandal.
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NewsPaperchase increases pre-tax profits and turnover as it prepares for sale
Paperchase has increased pre-tax profits for the year to £741,000 on the back of improving turnover as it gears up for a sale.
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NewsGame's appeal over unpaid rent during administration rejected
Game’s appeal against a landmark ruling that meant it had to pay rent owed during its 2012 administration has been rejected.
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NewsSuperGroup latest fashion retailer to warn on profits amid warm autumn
SuperGroup has become the latest fashion retailer to issue a profit warning after the unseasonably warm weather in September and October.
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News99p Stores enhances grocery offer as profits rise at the retailer
99p Stores has unveiled rising profits and is preparing to expand its grocery offer in its biggest investment programme.
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NewsHarrods full-year profits rise as it hails 'another record year'
Harrods operating profit jumped 13% to £122.9m in its year to February 1 as sales rose 10.8% to £794m for the luxury department store.
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NewsGem of an idea for as Gerald Ratner is linked to Tesco chairman role
As speculation over who will take over as Tesco chairman reaches fever pitch, one unlikely candidate has emerged.
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NewsGovernment confirms business rates revaluation date
The Government has said that business rates assessments from 2017 onwards will be based on a property’s rental value on April 1, 2015.