Co-op Group returns to profit in first half of 2024 The UK's Co-operative Group has laid bare the rising impact of shoplifting as it said the cost of crime in its stores surged by nearly a fifth to £40m in the first half of the year alone. Business • 25 Sep 24
Co-op Group returns to profit in first half of 2024 The UK's Co-operative Group has laid bare the rising impact of shoplifting as it said the cost of crime in its stores surged by nearly a fifth to £40m in the first half of the year alone. Business • 25 Sep 24
Next on track for almost £1 billion in annual profit Clothing retailer Next said today it was on track to make an annual profit of almost £1 billion as it raised its forecast for the second time in two months after better than expected recent trading. Business • 19 Sep 24
Next on track for almost £1 billion in annual profit Clothing retailer Next said today it was on track to make an annual profit of almost £1 billion as it raised its forecast for the second time in two months after better than expected recent trading. Business • 19 Sep 24
Greggs profit lifted by wider product range British fast food retailer Greggs kept its full-year profit outlook today as a wider product range, more deliveries and extended store hours lifted first-half profits by 16.3%, and sent shares up 1.7% in morning trading. Business • 30 Jul 24
Greggs profit lifted by wider product range British fast food retailer Greggs kept its full-year profit outlook today as a wider product range, more deliveries and extended store hours lifted first-half profits by 16.3%, and sent shares up 1.7% in morning trading. Business • 30 Jul 24
Frasers forecasts more growth as move upmarket pays off Frasers, the British sportswear and apparel retailer that owns the Sports Direct brand, reported a 13.1% rise in annual profit and forecast more growth in its new financial year as it benefits from a plan to shift the group upmarket. Business • 18 Jul 24
Frasers forecasts more growth as move upmarket pays off Frasers, the British sportswear and apparel retailer that owns the Sports Direct brand, reported a 13.1% rise in annual profit and forecast more growth in its new financial year as it benefits from a plan to shift the group upmarket. Business • 18 Jul 24
UK's AO World sees further growth on tumble drier demand AO World said it was confident on delivering profit and sales growth in the current financial year, as the UK online electricals retailer benefits from customer loyalty and booming demand for tumble driers and televisions. Business • 26 Jun 24
UK's AO World sees further growth on tumble drier demand AO World said it was confident on delivering profit and sales growth in the current financial year, as the UK online electricals retailer benefits from customer loyalty and booming demand for tumble driers and televisions. Business • 26 Jun 24
JD Sports keeps profit outlook in 'volatile' market British sportswear retailer JD Sports Fashion has today reported a 6.4% drop in first quarter sales in its home market, blaming a volatile clothing market, sending its shares sharply lower. Business • 31 May 24
JD Sports keeps profit outlook in 'volatile' market British sportswear retailer JD Sports Fashion has today reported a 6.4% drop in first quarter sales in its home market, blaming a volatile clothing market, sending its shares sharply lower. Business • 31 May 24
M&S annual profit soars 58% on turnaround strategy British retailer Marks & Spencer has today reported a 58% rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered strong sales growth in both its food and clothing divisions. Business • 22 May 24
M&S annual profit soars 58% on turnaround strategy British retailer Marks & Spencer has today reported a 58% rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered strong sales growth in both its food and clothing divisions. Business • 22 May 24
Greggs says on track for year after sales rise Baker and fast food retailer Greggs is building logistics capacity for a store estate of around 3,500, up from the 2,500 shops it currently trades from, it said today. Business • 14 May 24
Greggs says on track for year after sales rise Baker and fast food retailer Greggs is building logistics capacity for a store estate of around 3,500, up from the 2,500 shops it currently trades from, it said today. Business • 14 May 24
Dr Martens shares plunge to record low as firm names CEO Dr Martens shares plunged around 30% this morning to a record low after the British boot maker warned of another tough year in its key US market, setting a challenge for its next chief executive. Business • 16 Apr 24
Dr Martens shares plunge to record low as firm names CEO Dr Martens shares plunged around 30% this morning to a record low after the British boot maker warned of another tough year in its key US market, setting a challenge for its next chief executive. Business • 16 Apr 24
Superdry plans to go private as it kicks off 3 year plan British fashion chain Superdry has today launched a restructuring plan that would result in rent reductions for some of its stores, while announcing an equity raise which it said would allow it to delist from the London Stock Exchange. Business • 16 Apr 24
Superdry plans to go private as it kicks off 3 year plan British fashion chain Superdry has today launched a restructuring plan that would result in rent reductions for some of its stores, while announcing an equity raise which it said would allow it to delist from the London Stock Exchange. Business • 16 Apr 24
Greggs sees strong year-end, boosted by strong demand Britain's Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes and salted caramel lattes delivered a better-than-expected 9.4% rise in fourth-quarter like-for-like sales, sending its shares to a five-month high. Business • 10 Jan 24
Greggs sees strong year-end, boosted by strong demand Britain's Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes and salted caramel lattes delivered a better-than-expected 9.4% rise in fourth-quarter like-for-like sales, sending its shares to a five-month high. Business • 10 Jan 24
Superdry shares down 32% to record low after warning UK fashion retailer Superdry has today warned of a hit to annual profit, as unusually warm weather hurt sales of its autumn/winter collection and consumers curb spending amid a cost-of-living squeeze. Business • 19 Dec 23
Superdry shares down 32% to record low after warning UK fashion retailer Superdry has today warned of a hit to annual profit, as unusually warm weather hurt sales of its autumn/winter collection and consumers curb spending amid a cost-of-living squeeze. Business • 19 Dec 23
Currys sticks to guidance after first-half loss Electricals retailer Currys has today stuck to its annual guidance as it reported a first-half loss in line with last year, hurt by a subdued market for discretionary spending and particular weakness in its Nordics business. Business • 14 Dec 23
Currys sticks to guidance after first-half loss Electricals retailer Currys has today stuck to its annual guidance as it reported a first-half loss in line with last year, hurt by a subdued market for discretionary spending and particular weakness in its Nordics business. Business • 14 Dec 23
Quiz warns on revenue after tepid Black Friday sales Clothing retailer Quiz has today warned its annual revenue would miss market estimates after weak 'Black Friday' sales and sluggish consumer demand, prompting a strategic review and sending its shares sharply lower. Business • 05 Dec 23
Quiz warns on revenue after tepid Black Friday sales Clothing retailer Quiz has today warned its annual revenue would miss market estimates after weak 'Black Friday' sales and sluggish consumer demand, prompting a strategic review and sending its shares sharply lower. Business • 05 Dec 23
