M&S tumbles to £201m loss after pandemic batters clothing and home sales
Marks & Spencer has swung to a hefty loss for the past year following pandemic store closures as bosses said the business has moved...
Made.com presses button on London listing
Online furniture seller Made.com has unveiled plans to float on London’s stock market in a move set to value the group at a reported...
Card Factory strikes £225m refinancing deal as sales beat expectations
Card Factory has said initial sales have “exceeded expectations” since reopening stores as it completed a £225 million refinancing deal.
However, shares in the company...
B&Q owner upgrades profit outlook as it rides DIY boom
B&Q owner Kingfisher has hiked its half-year profit outlook after seeing sales soar as the DIY boom shows no sign of slowing.
The group’s B&Q...
Dunelm hikes profit outlook again amid home renovations boom
Homewares retailer Dunelm has said full-year profits will smash expectations after seeing sales soar as Britons do up their homes.
Shares in the group raced...
Poundland owner valued at £4.3bn in stock market float
The owner of Poundland has been valued at around £4.3 billion (5 billion euros) ahead of its stock market debut.
Pepco, which also owns the...
The Works sees online sales dip after shops reopen
Online sales are still high, despite dipping when lockdown restrictions eased to allow stores to open, hobby shop The Works said on Friday.
The business...
Next hikes profit targets as high street reopenings spark sales bounce
Fashion giant Next has lifted its profit targets for the year after recent sales bounced above expectations.
The high street firm said it reported £75...
Ikea launches delayed scheme to buy back old furniture
Ikea has launched its delayed “Buy Back” scheme allowing customers to sell their old furniture back to the retailer.
The initiative, originally scheduled to launch...
Poundland owner Pepco picks Warsaw over London for stock market float
The owner of Poundland has announced plans to list its shares in Warsaw instead of London, in its multibillion-pound stock market float.
Pepco, which also...
