Asda kicks debt worries into the next decade after £3.2bn deal May 3, 2024 Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.
Shift from frozen to chilled food widens losses at Covent Garden Soup and Linda McCartney’s maker May 2, 2024 The maker of Covent Garden Soup and Linda McCartney's vegetarian food said customers switching from frozen to chilled food hit its sales and contributed to its widening losses during its latest financial year.
Charles Tyrwhitt’s sales success sees The White Company owner pass £500m May 1, 2024 The group behind The White Company has seen its turnover surge past £500m thanks to the success of menswear brand Charles Tyrwhitt, it has been revealed.
Tesco hits Swedish truck manufacturer Scania with legal action May 1, 2024 Tesco has launched a claim against Swedish commercial vehicle manufacturer Scania over alleged monetary losses suffered in the UK
Wickes announces fall in overall sales, guidance unchanged May 1, 2024 Retail sales rose by 0.6 per cent in the period, making it a year of positive retail sales growth for Wickes. The group said retail sales were driven by increased transactions rather than inflationary prices.
Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth May 1, 2024 Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
Card Factory: Shares rocket as investors cheer ‘solid’ performance April 30, 2024 Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue.
Shein cash giveaways similar to Temu’s raise data privacy issues April 30, 2024 Fast-fashion giant Shein has launched a number of promotions on its app, such as "magic draw", "draw easily", "free gift", and "spin to win".
Barclay family set to lose control of Very Group as Redbird IMI looks to kick off sale April 30, 2024 The billionaire Barclay family is rumoured to be plotting a sale of their online retail and financial service business Very Group.
Frasers acquires parts of Matchesfashion out of administration – but jobs not in deal April 30, 2024 Frasers Group has acquired parts of Matchesfashion out of administration in a deal which does not include its stock or its hundreds of employees.