TechCrunch: M&A

AUGUST 18, 2023

After filing for Chapter 11 bankruptcy protection in April, online wholesale retailer Boxed has been acquired. In the years that followed, Boxed reportedly rejected a $400 million buyout offer from grocer Kroger in 2018, then later partnered with one of Asia’s largest retailers (Aeon) in 2021 for an expansion. ”

Mergers and Acquisitions 190

Mergers and Acquisitions Retail Food Acquisitions 190

Global Banking & Finance

JUNE 4, 2024

Retaining Payment Choice to Maximise Retail Profitability Inclusivity has become a core component of Corporate Social Responsibility strategies in recent years, yet with growing numbers of retailers opting for ‘card-only’ payment models, a significant swathe of the population is becoming disenfranchised.

Retail 40

Retail Profitability Corporation Business 40

Global Banking & Finance

MARCH 25, 2024

Home improvement retailer Kingfisher warns on profit outlook LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts’ expectations after it reported a 25% drop for 2023-24.

Retail 40

Retail Profitability IT 40

Global Banking & Finance

JULY 18, 2024

Homeware retailer Dunelm sees annual profit slightly ahead of market view (Reuters) – British homewares retailer Dunelm Group forecast its annual profit to be slightly higher than market consensus on Thursday, helped by an increase in volumes as customers spent on new furnishings to spruce up their homes.

Retail 40

Retail Profitability IT 40

Financial Times - Banking

JULY 19, 2023

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Retail 76

Retail Profitability Trading Bank 76

Global Banking & Finance

NOVEMBER 22, 2023

DIY retailer Kingfisher cuts profit outlook again on weak French market By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second time in three months, blaming a weaker-than-expected market in France.

Retail 40

Retail Profitability Shares IT 40

Global Banking & Finance

DECEMBER 10, 2024

GDANSK (Reuters) – Poland’s biggest fashion retailer LPP is expected to report a 10% rise in net profit year on year, mainly due to a 33% growth in e-commerce revenues, which contributed to an improvement in gross margin, a Reuters poll showed on Tuesday. LPP is seen reporting a net profit of 632 million zlotys […]

Profitability 52

Profitability Retail Business 52

Global Banking & Finance

OCTOBER 30, 2024

By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – Standard Chartered upgraded key performance targets as its quarterly profit topped market estimates, and said it will double down on its wealth business while slashing back retail banking in a bid to further boost returns. billion, […]

Retail 52

Retail Business IT Profitability 52

Global Banking & Finance

SEPTEMBER 25, 2024

GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zlotys ($5.2-5.5 billion) on Wednesday after posting a flat second-quarter net profit, as rising costs of stores and distribution offset higher sales.

Retail 52

Retail Profitability Sale IT 52

Global Banking & Finance

NOVEMBER 5, 2024

By Linda Pasquini and Helen Reid (Reuters) -Zalando on Tuesday reported a higher profit margin for the third quarter thanks to strong consumer demand and cooler September weather, as it focused on upmarket brands to fend off competition in the mass market.

Profitability 52

Profitability Sale Retail Business 52

Razorpay

AUGUST 14, 2024

The Razorpay D2C & Retail Summit 2024 is set to be a landmark event for the D2C and retail sectors. What is the Razorpay D2C & Retail Summit? What is the Razorpay D2C & Retail Summit? It aims to provide a platform for D2C and retail brands to connect, learn, and grow.

Retail 52

Retail Business Funds Shares 52

Global Banking & Finance

SEPTEMBER 5, 2024

The employee-owned retailer, which also operates Waitrose supermarkets, returned to annual profit […]

Retail 52

Retail Profitability IT 52

Global Banking & Finance

SEPTEMBER 5, 2024

The employee-owned retailer, which also operates Waitrose supermarkets, returned to annual profit […]

Retail 52

Retail Profitability IT 52

Global Banking & Finance

NOVEMBER 6, 2024

By Francesca Landini MILAN (Reuters) -Italy’s biggest utility Enel said on Wednesday its nine-month core profit rose 6.5% year on year, on the back of strong renewable power production, which more than compensated a fall in retail energy prices in its home country.

Profitability 52

Profitability Utilities Retail IT 52

Wall Street Mojo

JANUARY 17, 2024

What Is Profit And Loss Statement? A profit and loss (P&L) statement, sometimes called as an income statement, is a financial report that provides investors and outsiders with a financial overview of a company. Table of contents What Is Profit And Loss Statement? Profit and Loss Statement Explained Sample How To Prepare?

Profitability 52

Profitability S&P Financial Statement Accountant 52

Global Banking & Finance

JUNE 11, 2023

Westpac to layoff 300 workers in business and retail unit, says trade union (Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said.

Retail 52

Retail Trading Business Profitability 52

Razorpay

MAY 23, 2023

Regular retail banks provide financial services to individuals but are not equipped to service businesses. Corporate banking and retail banking might provide similar services but are vastly different. Retail Banking Retail banks or retail banking provide financial services to individual consumers.

Retail 52

Retail Corporation Banking Bank 52

Global Banking & Finance

APRIL 10, 2024

UK’s Tesco forecasts profit rise as consumer sentiment improves By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of improving consumer sentiment, after customer wins from rivals helped drive an 11% jump last year.

Profitability 40

Profitability Food Retail 40

Global Banking & Finance

APRIL 4, 2024

Britain’s Co-op profit slides after petrol forecourt sale (Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursday following the sale of its petrol forecourt business, and amid growing competition among retailers.

Profitability 40

Profitability Sale Retail Business 40

Global Banking & Finance

MAY 1, 2024

Britain’s Next keeps profit guidance after first-quarter sales rise By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first-quarter full price sales, slightly ahead of its guidance.

Profitability 40

Profitability Sale Retail IT 40

Global Banking & Finance

NOVEMBER 26, 2024

LONDON (Reuters) -British online electricals retailer AO World raised its annual profit outlook as it reported a 30% rise in first-half profit that reflected a return to double-digit revenue growth in its main business-to-consumer operation.

Profitability 40

Profitability Retail Business IT 40

Global Banking & Finance

MAY 3, 2024

SocGen Q1 profit slumps less than expected as investment bank surprises By Mathieu Rosemain PARIS (Reuters) -French bank Societe Generale’s net income fell less than expected in the first quarter, as profits on equity derivative sales offset weaknesses at its retail bank and in fixed-income trading.

Investment Banking 40

Investment Banking Profitability Banking Bank 40

Global Banking & Finance

JUNE 5, 2024

UK discounter B&M profit up 10%, boosted by new store openings LONDON (Reuters) – British discount chain B&M on Wednesday met expectations with a 9.7% rise in full-year profit, reflecting a similar rise in revenue that was boosted by 78 new store openings.

Profitability 40

Profitability M&A Retail 40

CNBC: Investing

MARCH 4, 2024

Foot Locker (FL) reports Wednesday before the open and the options market implies a substantial 16% move, higher or lower, following their earnings release.

Retail 63

Retail Profitability IT 63

Global Banking & Finance

NOVEMBER 21, 2024

LONDON (Reuters) -British sportswear retailer JD Sports Fashion warned annual profit would come in at the lower end of its guided range after a tough October of discounting, unseasonable weather and consumer caution.

Profitability 40

Profitability Retail Trading IT 40

Global Banking & Finance

NOVEMBER 26, 2024

By James Davey LONDON (Reuters) -British online consumer electricals retailer AO World is expecting sales from this year’s Black Friday promotional period to exceed last year’s, its finance chief said on Tuesday as the group raised its annual profit outlook.

Profitability 40

Profitability Retail Finance Finance 40

Global Banking & Finance

JANUARY 11, 2024

Tesco raises profit outlook again after strong Christmas sales By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four months as it reported a better-than-expected rise in underlying UK sales for the key Christmas trading period, buoyed by demand for fresh food.

Profitability 40

Profitability Sale Food Retail 40

PE Hub

AUGUST 22, 2023

In his new role, Collins will have full oversight of the Brown Jordan brand with particular focus on strategic operations, planning, sales and profitability, marketing, retail operations, and product design. The post Littlejohn-backed Brown Jordan appoints Collins as division president appeared first on PE Hub.

Retail 74

Retail Profitability Sale 74

Global Banking & Finance

NOVEMBER 26, 2024

(Reuters) -British tile retailer Topps Tiles posted an about 50% slump in annual profit on Tuesday, hurt by weak demand in home repair and maintenance sector, as broader economic woes continue to weigh on customer spending.

Profitability 40

Profitability Retail Economics Finance 40

Peak Frameworks

MAY 17, 2023

Why COGS is Important Understanding COGS is crucial for several reasons: Impact on Profitability and Margins COGS directly affects a company's gross profit , which is calculated by subtracting COGS from revenue. A lower COGS means a higher gross profit margin, which indicates better profitability.

Profitability 52

Profitability Financial Statement Investment Banking Investment 52

Business Standard - FInance

JUNE 23, 2023

The paper, authored by a team led by RBI Deputy Governor Michael Debabrata Patra, underlined the need for lowering inflation to revive consumer spending and boost corporate revenues and profitability. per cent in May, following RBI's monetary policy actions and government measures.

Corporation 98

Corporation Sale Retail Profitability 98

Global Banking & Finance

NOVEMBER 5, 2024

LONDON (Reuters) – British online fashion retailer ASOS said it expected adjusted earnings to rise by at least 60% in its 2025 financial year, after a turnaround plan focused on ditching discounting and improving its products gained traction.

Profitability 40

Profitability Retail IT Investment 40

Global Banking & Finance

DECEMBER 11, 2024

By Corina Pons and Helen Reid MADRID (Reuters) -Zara owner Inditex posted a rare miss on quarterly sales and profit on Wednesday, although the world’s biggest listed fast-fashion retailer said the holiday shopping season had got off to a good start.

Shares 52

Shares Retail Profitability Sale 52

How2Exit

MAY 6, 2024

His expertise includes rolling up profitable businesses that own real estate, separating and selling the businesses, as well as repurposing declining businesses into lucrative investments. rn rn rn Real estate tied to a business should be evaluated for its highest and best use, which can lead to repurposing for more profitable ventures.

Mergers and Acquisitions 130

Mergers and Acquisitions Business Mergers Acquisitions 130

Sun Acquisitions

JULY 29, 2022

You stand to: Potentially grow your profits. Free up resources to focus on more profitable business divisions. During his 20-year tenure, Welch grew GE’s profits from $1.5 Many businesses today, especially those in retail, tend to have both a physical and an online presence. Increase the company’s market valuation.

Business 97

Business Profitability Sale Valuation 97

Global Banking & Finance

OCTOBER 18, 2023

Through […]

Collaboration 52

Collaboration Retail Profitability Trading 52

Global Banking & Finance

SEPTEMBER 6, 2023

and Europe continued to dampen global sentiment, while WH Smith led midcaps lower as the retailer fell short of a recently raised profit […]

Economics 52

Economics Stock Retail Profitability 52