Latest finance news – Page 415
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NewsThe Book People secures £2.5m funding from Gordon Brothers
Direct bookseller The Book People has secured a £2.5m loan from Gordon Brothers to help support future growth.
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NewsTesco merger talks for its Turkish business Kipa ends without deal
Grocer Tesco has ended merger talks it was holding with multiple parties into options for its Turkish business Kipa.
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NewsMySale, an online fashion site backed by Sir Philip Green, buys Cocosa
Australian online fashion sales site MySale, which is quarter-owned by Arcadia owner Sir Philip Green, has bought flash sales site Cocosa.
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NewsThe Hut Group says no plans to float amid volatile market conditions
The Hut Group boss Matthew Moulding said it has no plans to float amid concerns about generous valuations and volatile share prices.
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NewsBreakfast briefing: Retail news on MySale, Selfridges, The Hut Group, Blue Inc and more
Retail news round-up on May 27, 2014: MySale acquires Cocosa, The Hut scraps IPO, Selfridges plans Oxford St revamp, Blue Inc to reveal IPO plans this week
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NewsMoss Bros reports first-quarter like-for-likes up 6.3%
Moss Bros store like-for-likes jumped 6.3% in its first quarter as it focuses on driving its multichannel capabilities.
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NewsTesco bosses to miss out on bonuses after fall in profit
Tesco chief executive Philip Clarke has missed out on a cash bonus for the third year in a row after its annual group trading profit fell 6% to £3.3bn.
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NewsBreakfast briefing: Retail news on Aldi, Tesco, Booker Group and Mothercare
Retail news round-up on May 23, 2014: Aldi to recruit 5,000 UK staff, Tesco’s Clarke and McIlwee lose bonus, Mothercare gets extra support from banks
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NewsHalfords boss Matt Davies: 'Suppliers should contribute to our growth'
Halfords boss Matt Davies is unapologetic about asking suppliers to contribute to its turnaround plan despite concern from the Forum of Private Business (FPB).
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NewsMothercare launches clothing-focused stores as UK performance disappoints
Mothercare is vying to build clothing market share with fashion-focused fascias as improved banking facilities allow it to up investment in stores.
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Analysis: 13 fascinating facts about B&M Bargains
As B&M Bargains confirms its intention to float today, Retail Week takes a closer look at the value retailer.
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NewsH Samuel owner Signet breaks even in UK as sales rise in first quarter
H Samuel owner Signet’s UK business broke even in its first quarter as like-for-likes increased 4.1% driven by fashion jewellery and bridal.
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NewsB&M Bargains 'to become Dollar General of Europe' as it aims for 900 UK stores
B&M Bargains plans to emulate US value retailer Dollar General as it eyes ambitious growth, starting with a target of 880 stores in the UK.
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NewsFat Face abandons float blaming market conditions
Fat Face has abandoned its IPO citing “equity market conditions” as the new retail Stock Exchange market entrants fail to impress.
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NewsB&M Bargains pushes button on IPO as it reveals ambitious growth plans
B&M Bargains has today pushed the button on its IPO as it reveals plans to replicate the success of US value retailer Dollar General.
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NewsHalfords records sales and profits up as three-year strategy gains pace
Halfords’ profits and sales increased in its first full year under chief executive Matt Davies’ three-year plan to create sales of £1bn.
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NewsMothercare full-year pre-tax profits increase as it hits market expectations
Mothercare’s underlying pre-tax profit rose from £5.9m to £9.5m in its full year, hitting market expectations as it continues its UK turnaround.
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NewsBreakfast briefing: Retail news on Fat Face, Halfords, Asos, Tesco, Mothercare and more
Retail news round-up on May 22, 2014: Fat Face scraps IPO, Halfords accused of demanding fees from retal suppliers, Lush voted best retailer, Asos forced to apologise after Jodie Marsh tweet and more
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NewsCarpetright looks forward to 'new era' as Wilf Walsh joins as chief executive
Carpetright group finance director Neil Page said the retailer is poised to welcome a “new era” after overhauling its management team.
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NewsBurberry full-year profits rise as it targets Japanese growth
Burberry’s adjusted pre-tax profit rose 8% to £461m in its full year to March 31 as it targets growth in the Japanese market.