Finance News – Retailer
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B&M appoints ex-Tesco executive as new CEO
The appointment of a former Tesco executive as the new leader of the retail group may influence investor confidence and strategic direction, potentially impacting the company’s fin...
Read Full Article →How Steven Bartlett’s first Dragons’ Den investment collapsed
The initial investment made by Steven Bartlett on Dragons’ Den experienced a significant downturn but was later acquired by another company, highlighting the financial challenges a...
Read Full Article →Next sales buoyed by unusually warm spring weather in UK
The retailer’s stronger-than-anticipated revenue performance, driven by favorable seasonal conditions, contributed significantly to its ongoing profitability and exceeded financial...
Read Full Article →Costco managed another month of sales growth in April. But it marks a slowdown from March.
In April, Costco experienced continued sales increases, though at a reduced pace compared to March, prompting investors to closely monitor potential effects of tariffs on the compa...
Read Full Article →Fashion retailer Hugo Boss shares pop 5% on better-than-feared first-quarter sales
Hugo Boss experienced a notable increase in its stock value following the announcement of a smaller sales drop than expected in the first quarter, maintaining confidence in its ann...
Read Full Article →Hudson's Bay backtracks on cutting workers' commission pay, but still won't offer severance
Hudson's Bay reversed its plan to reduce commission earnings for numerous sales staff amid store closures, yet continues to withhold severance compensation from employees who are b...
Read Full Article →Clothing shortages, food waste and millions lost each day: inside the M&S cyber-attack chaos
The cyber-attack on Marks & Spencer has disrupted operations, resulting in substantial financial losses daily, affecting online orders and inventory management across both food and...
Read Full Article →Harrods latest retailer to be hit by cyber attack
The company temporarily limited online connectivity in its locations after experiencing a cyber incident, which could potentially impact its revenue and operational expenses.
Read Full Article →Canadian Tire is bidding on Hudson's Bay assets, according to sources
Canadian Tire has submitted a bid for the assets of Hudson's Bay, with the deadline for interested parties to make their offers having recently passed in connection with a court ca...
Read Full Article →M&S: Police investigate cyber attack as FTSE 100 shares stall
The investigation into the cyber attack on Marks & Spencer has led to operational disruptions, potentially impacting investor confidence and share performance in the FTSE 100.
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