HSBC
This coverage explores HSBC’s influence on the UK retail sector through its financial services and advisory capabilities. Reporting includes lending trends, merchant services, digital payment innovations, sector-specific research, and leadership developments — all examined for their impact on retailers’ cash flow, investment decisions, and payment strategies. The content is tailored for finance directors, CFOs, retail operations managers, and executives responsible for financial planning and retail banking relationships.
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Jul- 2022 -5 JulySupermarkets
Tesco launches £150m share buyback programme
Tesco has announced it has entered into an arrangement with HSBC Bank plc to repurchase shares on behalf of the company with an aggregate value of up to £150m, as part of its existing commitment to buy back a total of £750m worth of shares by April 2023. The arrangement…
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Jun- 2022 -21 JuneOnline & Digital
Gear4Music profit dips in FY22
Gear4Music has reported gross profits of £41.1m in FY22, 11% below its “exceptional”, Covid boosted results in FY21, but 32% ahead of its FY20 results. Its reported EBITDA was £11.2m during the period, 43% below FY21 yet 44% ahead of FY20, while active customers hit 0.92 million, 13% behind FY21…
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20 JuneHigh Street
Pets at Home commences £50m share buyback programme
The Pets at Home Group plc has announced the commencement of a £50m share buyback programme, following the commitment made in its latest trading update for the year ended 31 March 2022. The programme will be undertaken in two tranches, with the company announcing in the first tranche that it…
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Feb- 2022 -25 FebruaryClothing & Shoes
Frasers Group acquires Studio Retail
Frasers Group has announced that it has acquired digital retailer, Studio Retail Limited and certain other assets of Studio Retail Group, following news the retailer fell into administration. It follows yesterday’s news that it formally appointed Teneo as administrations to handle its collapse, according to The Times. Its request for…
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24 FebruaryNews
Studio Retail appoints Teneo as administrators
Studio Retail, the online retailer, formally appointed Teneo as administrations last night to handle its collapse, according to The Times. Studio Retail’s request for a short-term £25m working capital loan has been rejected by its bank, HSBC, putting approximately 1,400 jobs at risk. The company, formerly known as Findel, had…
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Dec- 2021 -1 DecemberClothing & Shoes
JD Sports welcomes new board director
JD Sports has confirmed that Mahbobeh Sabetnia has joined the retailer’s board as a non-executive director. It comes as Heather Jackson has stepped down from her position as non-executive director after more than six years on its board, with effect from yesterday (29 November 2021). The group described Sabetnia as…
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Jul- 2021 -28 JulySupermarkets
GIC joins Fortress-led Morrisons takeover bid
GIC, a Singapore investment firm, has joined the £6.3bn Fortress-led consortium bid for Morrisons. A filing on the London Stock Exchange revealed that GIC will join the efforts of Oppidum Bidco, a newly formed company indirectly owned by funds managed by Fortress, as an additional co-investor. In turn, the bid…
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Jun- 2021 -21 JuneNews
New report reveals the retailers with the best brand logos
Researchers polled the nation to discover the most iconic brands with The Nike swoosh – designed by Carolyn Davidson in 1971 – coming top (44%), followed by the ubiquitous Apple logo (34%), the brainchild of graphic designer Rob Janoff. In third place was Mickey Mouse’s famous circular ears (21%), used…
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9 JuneOnline & Digital
Toy retailer secures seven-figure funding package
A Manchester-based online children’s toy and games retailer has secured a seven-figure funding package from HSBC UK to support its expansion plans. Bargainmax.co.uk is planning to use the money to increase its product range and stock by over 60% in the next year. Currently, the toy brand offers over 2,500…
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Mar- 2021 -8 MarchHigh Street
Card Factory seeks fresh funding to aid survival
Card Factory has reportedly drafted in restructuring experts to help secure news funds to support the group through the pandemic. According to the Sunday Times, consultants from Deloitte initially contacted specialist lenders on behalf of the group in efforts to borrow £100m. Half of the funding would reportedly be used…
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