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Retail

  • Greencore: Irish food firm upgrades guidance and launches £30m share buyback scheme

    May 21, 2024

    Greencore has upgraded the range of £80.5m to £85m it said it was expecting for the full year during its first quarter results.

  • Naked Wines sees revenue slump following tough trading conditions

    May 21, 2024

    Loss making Naked Wines said revenue slide in the year to April, following a tricky period which included the business cutting jobs and hiring advisors

  • Why Upper Crust owner SSP is banking on hungry Euro 2024 football fans

    May 21, 2024

    Upper Crust owner SSP Group has reinstated its dividend after it netted £1.5bn in half-year revenue ahead of a busy summer season of sporting events.

  • Kingfisher: B&Q owner holds guidance despite weak ‘big-ticket’ sales

    May 21, 2024

    B&Q owner Kingfisher has held its guidance for the year, as the firm posts improving sales in its UK and Ireland market. 

  • Shein: Sajid Javid hunted for senior role at fast-fashion giant as London listing rumours swirl

    May 20, 2024

    The fast-fashion disruptor has been plotting a bumper float on London’s public market. 

  • Getir to leave UK with multimillion outstanding debt to Premier League’s Tottenham Hotspur

    May 20, 2024

    Getir will leave the UK with a multimillion pound outstanding debt to Tottenham Hotspur Football Club, according to Sky News.

  • Tesco and Co-op among British supermarkets joining forces to sell fair trade bananas, coffee and cocoa

    May 20, 2024

    A cohort of British supermarkets are reportedly planning to join forces to buy ethically sourced food such as bananas, coffee and cocoa from farmers in developing countries, entering talks with Fairtrade to carry out the move. 

  • Hilton Food Group trades in line with expectations despite tough market

    May 20, 2024

    Food packaging company Hilton Food Group said volumes and sales are trading ahead of the same period last year, as the business continues to trade in line with board expectations. 

  • Marks & Spencer set to ring up profits leap after impressive year

    May 18, 2024

    High street bellwether Marks & Spencer is expected to reveal a jump in annual profits on Wednesday when it reports back after a bumper year.

  • Asda: Debt-laden grocer cashes in on price matching schemes as hunt for new chief gets underway

    May 17, 2024

    Asda, the debt-laden grocery chain, said Aldi and Lidl price matching schemes helped revenue grow by 6.6 per cent in the first quarter of the year. 

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