Latest finance news – Page 99
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NewsB&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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NewsWHSmith back in the black after year of 'significant recovery'
WHSmith has reported a return to profit and said its flagship travel arm is in its “strongest ever position” after it bounced back in the wake of the pandemic.
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NewsRevolution Beauty founder and CEO steps down following accounting scandal
Revolution Beauty’s founder and chief executive Adam Minto has resigned from the business as it undergoes an investigation into its accounts.
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NewsNext to buy Made.com out of administration
Next has struck a deal to rescue embattled homewares etailer Made.com from administration.
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NewsMarks & Spencer profits rise after 'standout' fashion sales
Marks & Spencer has posted a rise in profits during its first half following “robust” trading across its food and clothing and home divisions.
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NewsMarks Electrical boss: We're winning spend while John Lewis 'neglect their customers'
Marks Electrical boss Mark Smithson has insisted the retailer is winning market share from competitors such as John Lewis that “neglect their customers”.
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NewsPrimark UK sales back to pre-Covid levels as customers flock to stores
Primark has reported that its like-for-like sales in the UK have returned to pre-Covid levels.
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NewsRetail sales slow as customers delay spending ahead of Christmas
Retail sales slowed in October as the cost-of-living crisis prompted customers to delay spending ahead of Christmas.
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NewsMade.com co-founder's rescue bid fails as Next and Frasers circle
Made.com co-founder Ning Li has failed in his attempt to purchase the stricken furniture specialist and the likes of Next and Frasers are now eyeing potential bids.
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NewsJoules on the brink after poor trading leaves working capital position 'below expectation'
Fashion brand Joules is exploring its options, including a possible CVA, as poor current trading has left the retailer’s working capital position “below expectation”.
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NewsJohn Lewis launches earliest ever Black Friday campaign
John Lewis has gone live with its Black Friday promotions today (November 4), the earliest launch of the event in the retailer’s history.
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NewsDFS order volumes strengthen after lean summer
DFS has indicated there may be some green shoots of recovery in the furniture sector after a tough summer, with order volumes strengthening heading into the golden quarter.
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NewsAllSaints profits and sales soar driven by growth across all channels
AllSaints has reported mounting profits and sales despite store closures at the beginning of the financial year.
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NewsSainsbury's profits fall following price investment and post-Covid shift in shopping habits
Sainsbury’s has reported a decline in first-half profits but said current trading is strong and it is making volume market share gains.
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NewsNext sales inch up boosted by colder weather
Next’s full price sales grew slightly in the third quarter.
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NewsMorrisons to close 132 McColl's stores putting 1,300 jobs at risk
Morrisons is to close more than 130 McColl’s stores, leaving 1,300 jobs hanging in the balance.
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NewsMade.com to call in administrators after failing to secure buyer
Troubled home and furniture specialist Made.com is to call in administrators and share trading has been suspended.
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NewsBensons for Beds paid just £600,000 to rescue Eve from collapse
Bensons for Beds acquired direct-to-consumer mattress retailer Eve Sleep’s brand and intellectual property for £600,000, according to the administrator’s report.
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NewsAsda completes purchase of 132 Co-op petrol forecourts
Asda has formally completed a deal to acquire 132 petrol forecourt sites from the Co-op, subject to regulatory approval.
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NewsHarrods swings back to black despite decline in Chinese tourists
Harrods has swung back into the black as the retailer’s top line closes in on pre-pandemic levels.