Latest finance news – Page 9
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NewsGrocery takes a bigger share of Deliveroo transactions
The on-demand delivery app said grocery represented 18%, or £682m, of group gross transaction value (GTV) in the first half of 2025, up from 15% during the same period in 2024.
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NewsClaire’s files for bankruptcy for the second time
The fashion accessories chain, based in the US, has struggled to find a buyer for its 280 UK stores according to reports.
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NewsZalando raises guidance following About You acquisition
German ecommerce fashion retailer Zalando has raised its full-year profit guidance after a strong second quarter that included the completion of its acquisition of About You.
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NewsAdanola sells minority stake to American-based private equity firm
Adanola has sold a minority stake to a Los Angeles-based private equity firm which focuses on “growth and long-term value creation”.
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NewsTHG issues profit warning as it sells nutrition product supplier
THG has warned on profits for the first half of the year, at the same time as announcing it has divested one of its nutrition suppliers after receiving a “highly competitive offer”.
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NewsMorrisons credits focus on availability and value for profits surge
Morrisons has credited its return to profits due to its “significant focus” on improved availability and value.
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NewsNaked Wines returns to cash generation despite revenue decline
Naked Wines has reported a return to positive cash flow despite revenues falling 14%.
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NewsOutlet Shopping at The O2 sees double-digit sales growth backed by increased footfall
Outlet Shopping at The O2 has recorded a strong sales performance with double-digit growth as the entire scheme saw more visits, Retail Week can reveal.
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NewsNext buys maternity brand Seraphine and benefits from “trading disruption” at M&S
Next has aquired the maternity brand Seraphine and its IP from its administration as it posts strong second quarter sales growth.
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NewsPets at Home drops guidance as market weakens
Pets at Home has lowered its profit guidance for the full year after the pet retail market proved weaker than anticipated.
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NewsRetailers warn Reeves tax increases would raise prices
Some of Britain’s biggest retailers have warned that tax rises in the autumn Budget could trigger higher prices.
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NewsAdidas sees double-digit growth across all channels and markets
Adidas has achieved double-digit growth across all of its channels and markets in the first half of 2025.
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NewsRiver Island vote goes to the wire as retailer bets its survival on High Court judgement
Friday’s vote on River Island’s restructuring plans is likely to go to the wire with disgruntled landlords set to vote against it, although a High Court ‘cramming down’ judgement could yet save the brand
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NewsGucci sales drop as luxury retail slump continues
Gucci sales dropped by 25% year on year in the second quarter as a challenging period for the world’s high-end retailers continues.
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NewsCard Factory acquires Funky Pigeon from WHSmith
Card Factory has agreed to buy online greetings card business Funky Pigeon from WHSmith.
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NewsGreggs reports profit fall in challenging market
Food specialist Greggs has posted a fall in first-half profits as tough trading conditions and costs took a toll.
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NewsAldi becomes first UK supermarket to top staff pay at £13 an hour
Discounter Aldi is set to become the first UK supermarket to pay all of its frontline staff at least £13 an hour.
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NewsPepco Group brings in advisers to support Poundland transition to new owners
Former Poundland owner Pepco Group has drafted in an advisory firm to help with the value chain’s move to new owners.
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NewsConfidence falls as consumers sense ‘stormy conditions ahead’
The British public is cautious about what’s to come when looking at the economy and their personal finances, according to the latest GfK consumer confidence index.
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NewsRiver Island at risk of collapse “within weeks” without rescue plan - report
River Island is set to collapse “within weeks” unless a rescue plan can be agreed with creditors, according to a report in The Telegraph.