Home Retail Group considers spinning off Homebase

Home Retail Group is looking over a plan to sell off £1.5 billion DIY chain Homebase in order to concentrate on the more lucrative Argos brand.

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Profit warnings at three-year zenith, according to report

Companies listed in the UK issued the largest amount of profit warnings since 2011 in the first half of this financial year, according to EY’s latest Profit Warnings report.

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High sales in the first half for the John Lewis Partnership

This week the John Lewis Partnership revealed they had enjoyed a bumper first half, making staff bonuses this year all the more likely

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Ray-Ban owner's profit up by 11%

Luxottica’s profit rose by 11 per cent in the second quarter after encouraging performance at its wholesale business pushed its overall results upward.

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Michael Kors opens in Palermo

Michael Kors have opened a brand new store in the city of Palermo – the first one in Sicily.

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First Tod's men's store to open in Hong Kong

Luxury Italian fashion brand Tod's are spreading their wings – and have launched the first men's store in Hong Kong.

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Walmart choose head of Asia Greg Foran to head up US stores

Walmart have chosen the head of their Asia division Greg Foran to take over the troubled US stores – replacing domestic chief Bill Simon.

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Unilever fails to meet second-quarter sales expectations

Unilever failed to meet sales expectations in the second-quarter, which they put down to a slowdown in emerging markets and declining prices in developed ones.

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Starbucks profits up by more than 10%

Starbucks has reported earnings per share of USD 0.67 for the quarter ended in June, USD 0.01 more than the figure analysts were expecting.

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John Lewis weekly sales rise 18.8%, as Waitrose contends with tough comparables

Sales rose 18.8 per cent year-on-year in the week to 19 July, as home sales rose by a third on the year before.

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