All News articles – Page 255
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NewsSosandar narrows losses as ‘normal trading conditions’ return
Sosandar has narrowed its full-year losses and hailed the return of “normal trading conditions” following the impact of the coronavirus pandemic.
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NewsTesco trains pharmacy staff to help shoppers make ‘life-changing’ health choices
Tesco has launched specialist training for staff in its in-store pharmacies to help shoppers “make life-changing improvements to their health”.
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NewsUK on verge of dairy shortages warns Lurpak owner
The UK is facing the prospect of a shortage of dairy products as a lack of workers has forced farmers to slash production, the country’s biggest milk and butter producer has warned.
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NewsJoules drafts in KPMG for help as cost-of-living crisis bites
Joules has drafted in advisors from KPMG to help improve profitability, cash flow and liquidity as the cost of living crisis has leached away consumer demand.
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NewsApple’s UK stores paid only £800,000 in tax despite surging sales
Apple’s retail division paid just under £800,000 to HMRC, after utilising a stock option scheme loophole to minimise its tax burden.
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NewsTesco and Heinz reach truce after pricing row
Tesco and Heinz have struck a deal to bring an end to their public spat over pricing.
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NewsAsda says children can eat for £1 at cafes in response to cost-of-living crisis
Asda has announced that children can eat a hot meal at one of its cafes for £1 as the cost-of-living crisis deepens.
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NewsJD Sports appoints Andrew Higginson as new chair
Fashion giant JD Sports has announced the appointment of former Morrisons non-executive Andrew Higginson as the new chair of the group.
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NewsSainsbury’s defends staff pay after living wage resolution fails at AGM
Sainsbury’s has said it needs to be able to make all business investment decisions independently, following the failure of a living wage resolution bought by several investors.
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NewsAmazon faces CMA probe over treatment of third-party sellers
Amazon is being investigated by the UK’s competition watchdog over its treatment of third-party sellers that use its online marketplace.
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NewsWatches of Switzerland hails ‘strong momentum’ as profits surge
Watches of Switzerland has clocked up a surge in profits and insisted it has built “strong momentum” as it bounces back from the coronavirus crisis.
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NewsCurrys posts rise in profit but warns of ‘uncertain’ outlook
Currys has posted an increase in full-year earnings but cautioned that “the outlook for consumer spending is uncertain” as the cost-of-living crisis mounts.
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NewsFootfall hammered by cost-of-living concerns despite platinum jubilee boost
Shopper numbers were boosted by the platinum jubilee in June, but footfall is expected to remain behind pre-pandemic levels for the “foreseeable future” as the cost-of-living crisis impacts consumer behaviour.
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NewsTesco squares up to Mars Petcare in fresh supplier standoff over price
Tesco has become embroiled in its second major supplier spat in a month and has pulled Mars Petcare products from shelves while it renegotiates on price.
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NewsAO launches £40m share placing after insurer cuts cover
Pureplay electricals giant AO is aiming to raise £40m through a share placing weeks after its credit insurance for suppliers was cut.
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NewsM&S defends Rowe bonus in face of significant investor revolt
Marks & Spencer has defended its stance on director remuneration – including that of departing chief executive Steve Rowe – after a substantial proportion of investors opposed the package.
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NewsKingfisher builds towards new ambitious sustainability targets
Kingfisher has laid out new sustainability targets after making “significant progress” with its responsible business strategy this year.
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NewsVery Group drafts in former Walmart director as chief executive
Online retailer Very Group has appointed an ex-Walmart executive to become chief executive as Henry Birch stands down after four and a half years in charge.
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NewsSainsbury’s reports sales drop as finance chief steps down
Sainsbury’s has posted a fall in first-quarter sales and named a new chief financial officer to replace Kevin O’Byrne.
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NewsAO shares plummet as insurer cuts cover
Questions have been raised over AO’s finances after its credit insurer reduced its cover.