SSP reviews European rail arm despite profit rise
Upper Crust owner SSP announces strategic review of its Continental European rail business amid post-pandemic challenges, despite reporting an 8% rise in annual profits. Read the full analysis.
Category : Search result: retail profits
Black Friday abuse crisis hits UK retail workers
As Black Friday begins, the Retail Trust reveals 77% of shop staff face intimidation. The charity urges shoppers to show respect with simple smiles and thank yous during the festive rush.
Pets at Home profits plunge, urgent revival plan launched
Pets at Home reports a dramatic 84% profit drop in its retail division, prompting an urgent cost-cutting and revival strategy. Discover the full details of the plan here.
Pets at Home profits plunge, urgent cost-cutting needed
Pets at Home sees retail profits plummet by 84.1%, prompting urgent cost-saving measures and a £20m overhead reduction plan to revive its fortunes.
Dick's Sporting Goods to Close Foot Locker Stores
Dick's Sporting Goods announces Foot Locker store closures following its $2.4 billion acquisition. Executive Chairman Ed Stack calls it an 'unavoidable reset'. Read the latest updates.
Target profits tumble 19% amid sales slump
Target reports 12th straight quarter of falling sales as inflation pressures shoppers. New CEO faces challenge turning around retailer's fortunes. Read the latest analysis.
Bunnings Faces Pressure to Ban Dogs From Stores
The beloved DIY chain Bunnings finds itself at the centre of a heated national debate as calls intensify to prohibit pets in stores following a series of concerning incidents. As opinions clash between animal lovers and safety advocates, we examine whethe
Sainsbury's profits surge 61% in retail triumph
Supermarket giant Sainsbury's reports impressive profit surge and announces major strategic overhaul including Argos transformation and property sales.
M&S profits plummet over 50% after cyber attack
Retail giant Marks & Spencer reveals profits have more than halved after a sophisticated cyber attack disrupted operations and triggered massive recovery costs.
Domino's profits slump as Brits cut pizza spending
Domino's Pizza Group reports significant profit decline as cost-conscious customers cut back on delivery orders amid ongoing inflation pressures.
Domino's Pizza Sales Slump 8.2% in UK
Domino's Pizza Group reports significant drop in UK orders as cost-of-living crisis bites, with like-for-like sales falling 8.2% in first quarter despite international growth.
Primark sales jump 7% amid retail expansion push
High street giant Primark reports impressive 7% sales growth despite inflation pressures, with major expansion plans including new Twinings partnership and US store openings.
M&S shares suffer worst day since pandemic
Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.
M&S launches major expansion with 20 new stores
Marks & Spencer announces ambitious expansion plan with 20 new stores across the UK, creating over 3,400 jobs and bringing back beloved fashion brands.
Shell profits hit £34bn as production soars
Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.
Next profits surge as thousands of UK businesses face distress
Fashion giant Next posts better-than-expected profits and upgrades forecasts, while new data reveals thousands of UK businesses face critical financial distress.
Carter's announces UK store closures and layoffs
Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.
Seasalt to open 30 new UK stores in major expansion
Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.
Target CEO warns of organised retail crime surge
Target's chief executive Brian Cornell reveals escalating organised retail crime is putting staff safety at risk and costing retailers billions annually.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Major retailer announces 83 store closures across UK
Another beloved high street name faces significant restructuring as economic pressures force the closure of 83 stores nationwide, putting hundreds of jobs at risk.
Tesco Extends Dominance as Britain's Retail Giant
Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.
IMF Warning: UK Economy Overheating for Profits, Not Pay
The International Monetary Fund delivers a stark warning about Britain's overheating economy, where corporate profits soar while wages stagnate, creating dangerous economic imbalances.
Armed Raid on Woolworths Sparks UK Retail Crime Alert
Shocking armed robbery at Woolworths store highlights escalating retail crime wave sweeping Britain, with police hunting multiple suspects after dramatic staff confrontation.
Walmart expands in New York as Macy's closes stores
Retail giant Walmart announces ambitious expansion into New York City, opening new stores and creating hundreds of jobs while challenging established competitors.
Merlin profits surge as UK theme parks thrive
Merlin Entertainments reports impressive profit surge driven by strong performance at Thorpe Park and Alton Towers, with visitor numbers exceeding expectations across their UK attractions.
Lloyds Bank makes £450m profit from Ferrari stake sale
Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.
Ofwat proposes cutting water company profits by £70 per household
Regulator Ofwat proposes cutting water company profits by £70 per household, targeting underperforming firms like Southern Water and Thames Water in major industry shake-up.
Petco announces US store closures in major retail shakeup
Pet retail giant Petco announces significant store closures across the United States, joining growing list of retailers facing challenging market conditions and shifting consumer habits.
BM Homeware Slashes Prices in Profit-Boosting Sale
Popular UK homeware retailer BM launches major price reduction event, cutting costs on household essentials and furniture to drive sales and improve financial performance amid challenging market conditions.
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