Morrisons feels the heat ahead of full-year update on Thursday Monday, 10th March 2014
Plans to sell around 10 per cent of Morrison’s freehold property could be revealed by the retailer on Thursday as the supermarket giant is expected to reports its lowest annual profit in five years.
Pets at Home flotation could bring £200m windfall for KKR Tuesday, 4th March 2014
Having revealed on Friday that Pets at Home will be listed with an implied market capitalisation of £1.3 billion, private equity owner KKR could now be in line for a £200 million pay-out, while the retailer’s management could also be up for cash and share payments worth more than £20 million.
Transforming Thorntons: positive results across all core channels for high street chocolatier’s half year Monday, 3rd March 2014
Back in 2011, you’d have been forgiven for thinking Thornton’s days were numbered. As the economic environment for retailers grew more cut-throat by the day, the high street chocolatier couldn’t seem to catch a break.
Now Westfield could be next in line for a London listing as sales rise in capital's centres Thursday, 27th February 2014
Australian shopping centre giant Westfield yesterday revealed it could be considering a listing in London after separating its Australian and international businesses.
Fifth & Pacific sees income more than triple in full-year results Wednesday, 26th February 2014
Fifth & Pacific Cos. Inc. said net income more than tripled from a year ago to USD 185.2 million in the three months to 31 December.
Primark growth will offset slowdown from sugar for AB Foods Monday, 24th February 2014
Associated British Foods on Monday revealed it expects operating profits for the first half of the year to be in line with that of the previous year, as its retail brand Primark managed to offset slower growth from its sugar division.
Survey reveals true buying power of the nation as 18% of consumers make up three quarters of UK’s retail spending Tuesday, 18th February 2014
A new survey by Deloitte has found that nearly three quarters of all retail spending in the UK is made by a top strata of ‘Super Shoppers’, accounting for just 18 per cent of the nation’s consumers.
Lenovo focuses on smartphone business as PC demand slows Friday, 14th February 2014
Lenovo Group, the computer maker that also owns the Motorola Mobility smartphone business, said on Thursday that quarterly profit rose 30 per cent to a record high thanks to strong smartphone sales. Profit for the three months ended December 31 was USD 265 million, with revenue topping USD 10 billion for the first time, rising 15 per cent to USD 10.8 billion.
Dunelm toasts to yet another hike in profit and revenue Tuesday, 11th February 2014
It seems Dunelm can do no wrong as the homeware chain on Tuesday revealed another boost in revenues and profits.
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