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Pets at Home have posted up stats for a 6.1% increase in group like-for-like sales in its first quarter. In the 16 weeks to 19 July group revenue climbed by 8.1% to £277.4 million. This included a 6.9% increase in retail revenue to £245 million and an 18.4% rise in veterinary group...
Starbucks are collaborating with Alibaba to start coffee deliveries in China as part of plans to expand both its online and physical presence in the country. Working with Ele.me, Alibaba’s food delivery platform, Starbucks will begin a pilot delivery service in September in 150 stores in the Beijing and Shanghai areas....
Amazon have paid a lot less tax in the UK last year, despite seeing a jump in profits. Amazon Services UK paid tax of £1.7m, down from £7.4m in 2016, but operating profits rose to £80m from £48m. One reason for the lower tax bill was a rise in share-based payments for...
Shares in clothing retailer Next have fallen 6% in early trading, despite a faster-than-expected rise in sales. They have explained that due to the prolonged hot weather, they had sold more lightweight summer clothing earlier in the season. Revenue grew by 2.8% in the three months to 28 July compared with 2017....
C. Banner have decided to walk away from their plans to invest £70 million in the struggling House of Fraser department store chain. They've decided to call off the deal as they have seen a drop in their share price, this has put a stop to their plans to raise funds which would've been invested in House of Fraser. House...
Apple sold essentially the same number of iPhones last quarter as it did a year prior, but sales and profits soared as it made more money from higher-priced devices. Apple said that its profit had jumped more than 30 percent to $11.5 billion in the recently ended quarter, besting market expectations...
Greggs has posted an increase in sales and profit in the first half of its financial year despite facing a “tough operating environment”. Company-managed shop like-for-like sales rose by 1.5% in the six months to 30 June, while total sales increased by 5.2% to £476 million. Meanwhile, pre-tax profit including property profits...
Next has reported that its full price sales rose by 4.5% in the first half of its financial year after second quarter sales exceeded expectations. In May the retailer advised that full price sales for the rest of the year were likely to rise by around 1% but today Next said...
Skechers is to open a 3,500-square-foot double-unit outlet store at Princes Quay in Hull in late September, marking its first regional outlet location. The store will be located on level 2 of the shopping centre, which was redeveloped last year to provide a £20m outlet deck with brands including Next, Ben...
Miss Pap is preparing to open more concessions at Topshop stores across the country after a successful opening in Topshop Liverpool One, which according to the brand, broke sales records within the first three weeks. More concessions are expected to roll out in Topshop stores across the country including Manchester. The womenswear...
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