Latest finance news – Page 429
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NewsBreakfast briefing: Retail news on Asda, Game, Lidl, Sports Direct and more
Retail news round-up on February 10, 2014: Asda mulls Early Learning Centre bid, Lidl eyes new UK headquarters, The Kooples losses widen as marketing costs rise and Sports Direct confirms bid for Irish chain Elverys
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NewsAo.com boss: 'IPO will give us the firepower for huge growth'
Ao.com chief executive John Roberts said its float next month would give it the “firepower” to realise huge growth as it gears up for international expansion.
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NewsAo.com confirms intention to float as Brian McBride joins
White goods etailer Ao.com has confirmed its widely speculated intention to float on the London Stock Exchange.
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NewsTerry Leahy and Bob Willett back fashion website Atterley Road
Former Tesco boss Sir Terry Leahy and former Best Buy international head Bob Willett have backed an investment in fashion etailer Atterley Road.
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NewsBreakfast briefing: Retail news on Monsoon Accessorize, Poundland, Atterley Road and New Look
Retail news round-up on February 7, 2014: Monsoon Accessorize back in the black, Poundland to open first stores in mainland Europe, Leahy and Willett back Atterley Road and New Look considers converting stores to menswear shops.
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NewsSuperGroup boss says discounting at Christmas tarnishes a product's value
SuperGroup boss Julian Dunkerton said its decision to focus on full-price sales helped drive a sales rise over Christmas.
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NewsKPMG resigns as Poundworld auditor after highlighting "misleading" stocktaking
Poundworld’s auditor KPMG resigned in December after it qualified the retailer’s annual accounts, it has emerged.
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NewsSuperdrug owner mulls UK headquarter move to aid London IPO
Superdrug owner Hong Kong-based AS Watson is mulling moving its headquarters to the UK to aid a possible London Stock Exchange listing.
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NewsSuperGroup “on track for the full year” as like-for-likes edge up
Fashion retailer SuperGroup said it was “on track for the full year” as like-for-likes edged up 1.3% in its third quarter.
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NewsBreakfast briefing: Retail news on SuperGroup, Superdrug, Argos, eBay, House of Fraser and more
Retail news round-up on February 6, 2014: SuperGroup “on track for the full year” as like-for-likes edge up, Superdrug owner AS Watson considers relocation of corporate headquarters to UK and more.
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NewsFrench Connection shaves £1m off expected full-year pre-tax losses
French Connection has revealed it expects to deliver better annual results than originally forecast, shaving £1m off its pre-tax losses.
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NewsSports Direct's Irish partner eyes sports chain Elverys
Sports Direct’s Irish partner, Heatons, is in talks to acquire Elverys, the oldest sports chain in the Republic of Ireland.
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NewsAmazon UK sales slow as competitors up their game
Amazon UK sales growth slowed last year as retailers such as John Lewis and Dixons raised their game.
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NewsGame backer revealed as activist investor Elliott
Activist investor Elliott Advisors has built a 99% stake in Game and is on course for a windfall if plans for a £300m float are successful.
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NewsOcado co-founder Gissing retires as full-year losses widen
Ocado co-founder Jason Gissing is to retire from the retailer it was revealed as the online grocer reported widening pre-tax losses.
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NewsBreakfast briefing: Retail news on Ocado, Game, Amazon, Sports Direct, Morrisons and more
Retail news round-up on February 4, 2014: Ocado co-founder Gissing retires and pre-tax losses widen, Activist investor Elliott revealed as Game backer, Amazon UK sales growth suffers slowdown and more.
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NewsDFS and B&M Bargains step up plans to float this year
DFS and B&M Bargains have stepped up their plans to float this year by hiring advisors as a cluster of retailers eye a public listing.
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NewsWaterstones narrows full-year losses despite sales fall
Waterstones’ full-year losses narrowed last year after slashing costs and slowing the rate of its sales decline.
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NewsGovernment cuts business rates for small retailers by £1,000
Small retailers will receieve a £1,000 cut in business rates within weeks as the Government injects £415m into high streets and town centres.
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NewsSports Direct in talks with Debenhams over sportswear stock
Sports Direct put forward plans to bring a sportswear offer to Debenhams stores last week in what is understood to be the first of a series of meetings between the two retailers.