Category : Search result: retail profits


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.

Tesla Profits Crash 48% in Stunning Q3 Results

Tesla reports dramatic 48% profit decline amid production delays and fierce Chinese competition. Discover how Elon Musk's EV empire is navigating its toughest quarter yet.

Orkney wind farm profits to fund local services

Orkney Islands Council announces groundbreaking plan to reinvest all profits from new wind farm directly into local services, creating a sustainable funding model for the community.

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.

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.

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.

Trader sues over £1.2M bonus after £6B profits

A high-flying City trader is suing his former employers after they allegedly withheld a seven-figure bonus following his team's extraordinary £6 billion profit-making performance during market turbulence.

Jamie Oliver pays £2.5m to himself as profits slump

Celebrity chef Jamie Oliver and his wife Jools paid themselves £2.5 million despite their restaurant group seeing pre-tax profits fall by 75%. The financial revelations come as the hospitality sector faces ongoing challenges.

Thames Water creditors agree £1.6bn rescue deal

Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.

British Gas owner profits triple to £3.3bn

Centrica, parent company of British Gas, announces record profits while millions struggle with soaring energy bills, sparking political controversy and calls for windfall taxes.

Michelle Mone's Secret £29m PPE Profit Revealed

Explosive documents reveal Baroness Michelle Mone and her children secretly profited £29m from PPE Medro, the company she lobbied government to award massive pandemic contracts.

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