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Retail

  • Tate and Lyle reaches sale agreement of American subsidiary

    May 23, 2024

    Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle.  The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m).  The [...]

  • Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations

    May 22, 2024

    Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaround plans. 

  • Marks and Spencer: How the high street darling keeps breaking the internet

    May 20, 2024

    Marks and Spencer is set to report its results this week and the market is expecting a strong showing from the retailer.

  • Getir to leave UK with multimillion outstanding debt to Premier League’s Tottenham Hotspur

    May 20, 2024

    Getir will leave the UK with a multimillion pound outstanding debt to Tottenham Hotspur Football Club, according to Sky News.

  • Tesco and Co-op among British supermarkets joining forces to sell fair trade bananas, coffee and cocoa

    May 20, 2024

    A cohort of British supermarkets are reportedly planning to join forces to buy ethically sourced food such as bananas, coffee and cocoa from farmers in developing countries, entering talks with Fairtrade to carry out the move. 

  • Likewise Group shareholders set for bumper dividend as sales jump

    May 20, 2024

    Shareholders in Likewise Group are set for a bumper payout after full-year sales hit £139.5m and the outlook for the UK flooring industry improved.

  • Mr Kipling owner Premier Foods hikes dividend as profit booms

    May 16, 2024

    Mr Kipling owner Premier Foods has been boosted by increased demand for its products.

  • Catering giant Compass raises guidance following contracts at Kew and Royal Opera House

    May 15, 2024

    Catering giant Compass Group has raised its profit guidance following a strong performance in the six months to the end of March. 

  • The Notebook: My key takeaway from a year at Just Eat? Tech isn’t the enemy

    May 15, 2024

    Just Eat's Claire Pointon reflects on what she's learned from one year on the job (as well as the takeaway giant's kinship with Taylor Swift).

  • Currys shares soar to 14-month high after electrical retailer raises profit guidance

    May 14, 2024

    Electrical retailer Currys has raised its earnings guidance for the last financial year, expecting a smaller dip in profit compared to the previous year as it enjoyed a return to sales growth in 2024.

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