Currys to hand £75m to shareholders as sales remain strong
Currys has announced plans to hand back £75 million to shareholders through a share buyback following strong sales compared with pre-pandemic levels.
Bosses said sales...
Shoe Zone raises profit guidance after better-than-expected sales
Shoe Zone has lifted its profit targets after recent sales were better than the company expected.
Shares in the discount shoe retailer, which runs 410...
Sainsbury’s to reveal how profits have been hit by supply chain and inflation
Sainsbury’s is set to reveal how badly profits have been hit by supply chain strains and inflation pushing up costs across the business.
The grocery...
Burberry hires Versace boss as its new chief executive
Luxury fashion group Burberry has named Gianni Versace boss Jonathan Akeroyd as its new chief executive.
Mr Akeroyd, 54, will take up the post on...
Bullring owner says no more rent holidays as shoppers return
Commercial property owner Hammerson has revealed the number of shoppers heading to its sites has improved to between 15% and 20% below pre-Covid levels.
But...
Asda cancels £750 million plans to sell forecourt business
The billionaire brothers who took over Asda earlier this year have abandoned a £750 million plan to fold the company’s petrol forecourts into their...
Does your bank allow you to set your own contactless card spending limit?
The contactless card transaction limit has been raised to £100 – but some people will be able to set their own limits.
However, this will...
Boots sales rebound after lockdown restrictions eased
Boots has hailed a “transformational year” as the pharmacy highlighted a sales rebound after the further relaxation in lockdown measures.
Owner Walgreens Boots Alliance (WBA)...
Eskmuir sells Wimbledon Sainsbury’s asset for over £30m
Eskmuir Properties has confirmed that it has completed the sale of 8-12 Worple Road in Wimbledon to Aberdeen Standard Investments for more than £30m.
The...
Cake Box sales jump as retailer opens 20 new stores
Cake Box has revealed that its sales have almost doubled for the past six months amid a strong recovery in customer demand.
The high street...
