Latest finance news – Page 410
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NewsTopps Tiles like-for-likes jump 6.3% in third quarter
Topps Tiles like-for-likes jumped 6.3% in its third quarter as it continues to build on strong sales momentum.
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NewsBreakfast briefing: Retail news on Sports Direct, Greggs and the IoD
Retail news round-up on July 2, 2014: Sports Direct boss on Adidas, Greggs expects profit and IoD concerned about bonus proposal.
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NewsLa Senza collapses into administration for second time in two years
La Senza has fallen into administration again, putting 752 jobs on the line, after facing “very difficult trading conditions”.
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NewsGrocery inflation falls to lowest level in eight years, says Kantar
Grocery inflation fell to its lowest level since October 2006 over the last quarter as Morrisons and Tesco share continued to fall.
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NewsBathstore sold in management buyout backed by US billionaire
Bathroom retailer Bathstore has been sold in a management buyout backed by US billionaire Warren Stephens.
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NewsBusiness rates reform backed by majority of MPs ahead of general election
Business rates reform is gaining considerable support from MPs as the BRC urges political parties to commit to “fundamental reform”.
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NewsOcado makes profit in its first half as sales and EBITDA soar
Online grocer Ocado has moved into the black in its first half, generating £7.5m pre-tax profit before exceptionals from a loss last year.
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NewsPoundworld secures £26m funding for UK expansion
Value retailer Poundworld has secured £26m in new funding as it seeks to expand its overseas supply chain and grow its UK business by opening up to 150 new stores.
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NewsSales near for Kiddicare and Co-op's chemist business
A sale is nearing for both Morrisons-owned Kiddicare and the Co-op’s chemist business with deals being hammered out in the next few weeks.
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NewsAdidas offers olive branch to Sports Direct after replica shirt row
The boss of Adidas has insisted he still wants to work with Sports Direct but admits he is not happy with “presentation” in store.
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NewsBreakfast briefing: Retail news on Kiddicare, Dixons, Carphone Warehouse and Sports Direct
Retail news round-up on June 30, 2014: Morrisons down to two bidders for Kiddicare, Dixons Carphone merger fees hit £22.6m, Adidas offers olive branch to Sports Direct and more.
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NewsUK consumer confidence hits nine-year high
Consumer confidence in June moved into positive territory, the first time it has done so since 2005, according to the GfK’s monthly tracker of the nation’s mood.
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NewsMaplin sold to private equity firm Rutland Partners in £85m deal
Maplin’s owners have sold the electricals retailer to private equity firm Rutland Partners for £85m.
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NewsBreakfast briefing: Retail news on consumer confidence, JD Sports, Monsoon Accessorize and Amazon
Retail news round-up on June 27, 2014: Consumer confidence rises in June; Shareholders voice concern over remuneration at JD Sports; Monsoon Accessorize to overhaul store estate; Amazon accused of bullying small publishers
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NewsDebenhams completes refinancing with £225m bond issue
Department store group Debenhams has refinanced debt through a £225m bond issue.
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NewsCarphone Warehouse posts 'strong' full-year performance
Carphone Warehouse has posted a “strong” full-year performance in line with expectations.
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NewsDixons reveals surge in profits as it sees 'glimmers' of a consumer recovery
Dixons, which owns Currys and PC World, has posted a 76% surge in full-year pre-tax profits as it sees “glimmers” of a consumer recovery.
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NewsBreakfast briefing: Retail news on Wiggle, plastic bags, Morrisons and Rana Plaza
Retail news round-up on June 26, 2014: Wiggle nears potential IPO, Shoppers to spend more than £110m on plastic bags, Morrisons launches its grocery delivery service in north London and more
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NewsCarphone Warehouse and Dixons merger unconditionally cleared by European Commission
Carphone Warehouse’s merger with Dixons has been unconditionally cleared by the European Commission.
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NewsHouse of Fraser first-quarter like-for-likes edge up as it plots revamps
House of Fraser like-for-likes rose 2% and losses remained level with its first quarter last year as the retailer plots 20 store refurbishments.