Pets at Home Forecasts Profit Drop Amid Economic Uncertainty
In a recent announcement, Pets at Home disclosed that their retail profits are anticipated to decline in the fiscal...
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Carpetright Seeks Sale Amid Financial Struggles and Job Cuts
Carpetright, the flooring specialist with 300 stores and over 3,000 employees, is putting itself up for sale due to...
Wayfair Net Sales Decline in Q1, Executives Remain Optimistic
Lead: Despite challenges in the home goods sector, Wayfair executives remain optimistic about the future, unveiling a new strategy...
Apple Profits Dip as iPhone Sales Weaken
**Lead:** Apple's second-quarter profits and sales take a hit as iPhone demand wanes globally, with only Europe showing growth....
Monsoon Accessorize Profits Fall Amid Difficult Trading
Lead: Monsoon Accessorize reports an 18% drop in EBITDA to £20 million for the year ending August 26, 2023,...
LVMH Reports 3% Revenue Growth in Q1
Lead: Luxury giant LVMH shines with a 3% revenue boost to €20.7bn in the first quarter of 2024, defying...
Charles Tyrwhitt Sees Surge in Sales Amid Rising Demand for Casual Work Attire
**Lead:** Charles Tyrwhitt, the renowned shirtmaker, is poised for a 20% business growth surge fueled by the rising demand...
Carpetright seeks cost-saving measures with advisers
Lead: Carpetright, the leading UK flooring retailer, is seeking cost-saving measures amid slowing demand and rising competition, potentially leading...
BP Launches Fresh Food-to-Go Pilot
**Lead:** BP's Wild Bean Cafes in southeast England are set to offer a new promotion by April 2024, as...
DFS Downgrades Sales Guidance Amid Record Hot Weather Impact
DFS, a sofa retailer, has reported a 5.6% drop in gross sales year-on-year due to weak footfall and demand...