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UK retailer Halfords posts lower annual profit

Global Banking & Finance

UK retailer Halfords posts lower annual profit (Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across its stores declined due to challenging market conditions and wet weather.

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Homeware retailer Dunelm sees annual profit slightly ahead of market view

Global Banking & Finance

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.

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Retaining Payment Choice to Maximise Retail Profitability

Global Banking & Finance

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
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Home improvement retailer Kingfisher warns on profit outlook

Global Banking & Finance

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
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UK retailer John Lewis to bring back 100-year old price pledge

Global Banking & Finance

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

Retail 52
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UK retailer John Lewis to bring back 100-year old price pledge

Global Banking & Finance

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

Retail 52
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DIY retailer Kingfisher cuts profit outlook again on weak French market

Global Banking & Finance

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.

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