Sales
TGI Fridays Files For Bankruptcy Protection In The US
TGI Fridays Inc has filed for bankruptcy protection in the United States, citing financial challenges stemming from the COVID-19 pandemic ...
Tupperware Files for Bankruptcy as Declining Sales and Competition Mount
Tupperware has filed for Chapter 11 bankruptcy, marking the latest chapter in the company’s struggle to regain its footing amid ...
Health and beauty spending boosts UK retail sales in August
Retail sales had boosted in August, driven by increased spending on health and beauty products.
July’s soggy weather dampens retail sales in the UK
Retail sales suffered a bigger-than-expected drop last month due to the persistent rainy weather, the second decline this year.
Retail sales rebound in Britain with more spending on food
Despite ongoing budget constraints, retail sales in Great Britain saw an unexpected surge in June, with households spending more on food and furniture.
San Carlo celebrates record sales and creates hundreds of jobs
Renowned restaurant chain San Carlo is basking in the glory of its remarkable success, marking a significant milestone as it returns to profitability since the onset of the Covid-19 pandemic.
Surprising increase in retail sales driven by bank holidays and sunny weather
Contrary to expectations amidst inflationary pressures and rising borrowing costs, retail sales experienced an unexpected rise last month, according to official figures.
Skechers promotes UK sales boss to managing director
With 22 years of experience at the footwear retailer, Richard Parker will replace Peter Youell, who will move to an advisory position for international projects.
Licensed Wholesale Company doubles sales and creates almost 300 jobs
The Manchester-based company increased its headcount to 1,171 during the period, while its turnover surged from £248.9m to £519.8m, with pre-tax profits climbing from £12.3m to £28.3m.
Restaurants expected to report strong sales growth amid wide concerns
Restaurant chain investors are expecting strong first-quarter results, but the path may be challenging for the rest of the year.
Wet weather dampened UK retail sales in the past two months
Retailers had a tough time in February and March as heavy rainfall dropped sales by 0.9 percent.
Mother’s Day boosted UK retail sales in March
Despite lower volumes year over year, UK retail sales increased somewhat less in March than the previous month, with Mother's Day providing a little boost as inflation continues to bite.
Greggs targets 150 new store openings as sales and profits rocket
Roisin Currie, chief executive officer of Greggs, said the year saw rapid expansion during which pre-tax profits rose to £148.3 million thanks to rising sales of chicken goujons and pizza.
Telecom giant Ericsson to cut up to 8,500 jobs globally
The Swedish telecom giant said cuts would take place this year and next year as it seeks to trim costs due to a slowdown in sales.
Wilko plans to cut 400 jobs as part of a restructuring after drop in sales
The company will outsource dozens of head office management roles in commercial, retail operations, merchandising, marketing, and finance to a South African company later this month.
Tinder parent Match Group cuts 200 jobs globally as user spending slows
The online dating service has already laid off its US workforce and started cutting staff in other countries.
Lidl saw massive spike in Christmas sales as cost of living crisis hit shoppers
Lidl claims a boost in UK sales during the Christmas shopping season indicated a spike in new shoppers switching from its competitors due to the cost of living crisis.
Boots reveals strong Christmas and record-breaking Black Friday
Boots celebrated a "really solid Christmas" as December's retail sales increased by 15 percent.
Cascade Cash Management £150,000 investment will create new jobs in sales, finance and administration
Next year, new jobs in sales, finance, and administration are also expected to be created.
H&M’s quarterly sales better than predicted
Net revenues for H&M increased 10 percent from September to November last year.
