Latest finance news – Page 491
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NewsSports Direct fires warning shot at Dick's-backed JJB
Sports Direct is gearing up for a battle with new JJB Sports investor Dick’s Sporting Goods by cutting prices.
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NewsAmazon faces corporation tax investigation
Amazon is under investigation from UK tax authorities over its corporation tax contribution.
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NewsTesco investors put pressure on chairman
Tesco shareholders are putting new chairman Sir Richard Broadbent under pressure over the company’s strategy.
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NewsJJB thrown lifeline as Dick's takes stake in retailer
JJB Sports has received a £30m injection from investors including Dick’s Sporting Goods as it posts a full year pre-tax loss of £101.1m
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NewsAmerican Golf: Driving its way forward
Securing a new boss and driving growth is top of the agenda for the golfing specialist.
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NewsRobert Dyas sale process gains momentum
Up-for-sale hardware and homewares chain Robert Dyas is expected to enter exclusivity with a buyer next month.
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NewsFeelunique owners put stake up for sale
Health and beauty etailer Feelunique.com is in talks about selling a stake with up to three potential buyers.
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NewsOlympic sales effect expected to hit in July
Retail sales growth is expected to be lower than originally expected this month but will still be up year on year, the Opera Solutions Retail Predictor for Retail Week indicates.
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NewsMidcounties acquires Harry Tuffin's
Midcounties Co-operative has acquired grocery chain Harry Tuffin’s.
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NewsJJB attracts interest of US giant Dick's Sporting Goods
JJB Sports’ “potential strategic investor” has been revealed as US sports giant Dick’s Sporting Goods.
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NewsFeather & Black sales boosted by multichannel
Beds retailer Feather & Black has outperformed a tough big-ticket market, posting rising sales in its first half as its multichannel offer chimed with shoppers.
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NewsOpCapita to focus on re-engaging Game suppliers and staff
Game’s new owners are to focus on re-engaging suppliers and staff after a turbulent few months that led to the specialist collapsing last week.
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NewsCo-op remodels stores to improve local appeal
The Co-operative Food is ditching its “one size fits all” store model to better appeal to local shopper demographics.
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NewsH&M considers launching premium fascia in the UK
Swedish fashion giant H&M is considering the UK for the global launch of its planned new upmarket fascia “&Other Stories”.
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NewsJJB in discussions with "potential strategic investor"
JJB Sports has revealed that it is in discussions about additional financing with its bank and a “potential strategic investor.” The disclosure was made after the retailer’s share price surged this morning.
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News
Pantaloon Retail in talks to acquire Big Apple stores
Future Group-owned Pantaloon Retail is in talks to acquire Express Retail Services-owned Big Apple’s stores. Big Apple operates 65 neighbourhood shops in Delhi. The takeover is expected to be valued at around INR2.5bn (£30.7m).Big Apple recently launched an online home delivery service – which is not part of the acquisition ...
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NewsFashion retailer Ellie Louise falls into administration
Fashion retailer Ellie Louise has fallen into administration.
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NewsTillman puts Aquascutum up for sale
Aquascutum, the British luxury heritage retailer, is understood to be up for sale.
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NewsSony Music among bidders for HMV Live
Sony Music Entertainment has emerged as one of the parties vying to buy the live music division of entertainment retailer HMV.
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NewsMorrisons acquires fresh meat facility
Morrisons has acquired fresh meat facility in North Wales as it continues on a spree of supply chain acquisitions.