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News
DoorDash finalises Deliveroo takeover as new CEO appointed
DoorDash’s takeover of Deliveroo has been formally completed following court approval. Following the move, Miki Kuusi, a co-founder of Finnish delivery…
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Supermarkets
Tesco ups FY guidance as market share rises
Tesco has raised its full-year profit outlook after reporting strong sales across the business in its half-year results, which have…
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DIY
Topps Tiles welcomes ‘record’ year as sales hit £265m
Topps Tiles has welcomed a “record” year of turnover, with full-year sales up by 6.8% to £265m, following a strong…
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Clothing & Shoes
ASOS forecasts lower FY earnings amid turnaround plan
ASOS has warned that full-year earnings and sales may lag behind expectations, despite reporting higher gross profit margins and reduced…
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Department Stores
Debenhams expands into US with department store deal
Debenhams Group has expanded into the US, with its fashion brands now available through the online marketplaces of Macy’s, Bloomingdale’s…
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Clothing & Shoes
H&M profits soar 40% in Q3 despite muted sales
H&M has seen operating profits rocket by 40% to SEK 4.914bn (£389m) in its third quarter, despite sales only rising…
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Supermarkets
All Amazon Fresh stores in UK to close
Amazon is set to close all Amazon Fresh stores in the UK, shuttering 14 stores under the Amazon Fresh brand…
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Health & Beauty
Bodycare to close all remaining stores with 444 jobs lost
Bodycare is set to close all of its remaining stores, resulting in 444 redundancies, after administrators failed to secure a…
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Clothing & Shoes
Boohoo hit by shareholder revolt over exec bonuses
Boohoo has suffered a shareholder revolt at its AGM following criticism over millions of pounds in bonuses paid to its…
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Supermarkets
Morrisons sales rise 3% in Q3 as online business strengthens
Morrisons has seen like-for-like sales grow by 3.0% in its third quarter, despite rising inflation and “challenging” macroeconomic conditions, marking…
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