Browsing: profitability

Co-op has announced an ambitious expansion plan, aiming to open 120 new stores over the next 18 months. This initiative…

In the first half of 2024, the Co-op has shown a remarkable turnaround, returning to profit after facing a challenging…

Asos plans to cut over 200 head office roles as part of a restructuring effort to combat rising losses.The restructuring…

Co-op has returned to profitability despite significant losses due to shoplifting and fraud.The group reported a £58 million pre-tax profit…

A significant development has emerged as retail giant Next faces potential store closures. This follows a challenging £30 million equal…

The advent of artificial intelligence (AI) in retail is significantly influencing consumer purchasing behaviour.Eagle Eye, a firm specialising in supermarket…

AMS Group has achieved impressive revenue growth, boosting its financial position significantly by the first half of 2024.With a focus…

THG, a leading global corporation, has announced its strategic intention to demerge its THG Ingenuity division.The company is conducting a…

In a promising turn of events, Accor Hotels in the United Kingdom has displayed robust growth in 2023. The chain’s…

British investment platform Freetrade has reported its first half-year of profitability.The company experienced a 34% increase in revenue, totalling £13…