Game Digital puts profit warning behind it despite slowdown in console sales August 11, 2015 It has been almost two years since the launch of Sony’s latest console, the PlayStation 4 (PS4) and Microsoft’s Xbox One and after the initial sale frenzy, demand is now cooling, according to Game Digital. The video games retailer said revenues at its hardware division were hit by a near 20 per cent drop in [...]
Sirius Minerals confident on York Potash project after planning update May 14, 2015 Analysts said yesterday they were confident in a positive outcome for Sirius Minerals as it progresses with its York Potash project. Shares in the Aim-listed firm went up by 10.71 per cent after the company updated investors on the approvals process for the project. Planning officers at the North York Moors National Park Authority have [...]
Sirius Minerals share price closes down 13.4 per cent on York Potash mine planning report June 18, 2015 Shares in Aim-listed Sirius Minerals closed down 13.4 per cent to 18.62 pence per share this afternoon, after a disappointing planning report on its York Potash mine application. Planning officers at the North York Moors National Park Authority said that the application has "a clear and fundamental conflict with both local and national policies". Sirius [...]
Sirius Minerals share price jumps as much as 83 per cent after York Potash mine gets go-ahead July 1, 2015 Shares in Sirius Minerals closed up 50.87 per cent to 22.63p per share this afternoon, after it got the go-ahead for its York Potash mine from the North York Moors National Park Authority. The North York Moors National Park Authority voted eight to seven in favour of the application by Sirius, suggesting that it believes the [...]
Sainsburys, Asda, House of Fraser, Shop Direct and 15 more businesses will let customers pay via mobile with Zapp October 8, 2014 Sainsbury’s, Asda and House of Fraser are just some of the country’s biggest shops that will soon let customers pay for items using just a mobile phone via Zapp. The mobile technology, already supported in the apps of UK banks such as HSBC, Nationwide and Santander, will be supported by more than 15 high street [...]
Morrisons beats Tesco, Asda and Sainsbury’s to grow market share June 2, 2015 ONLY WM Morrison managed to improve its market position in the 12 months to the end of May, as the supermarket sector shake-out continues to pound the big four grocery chains. Morrisons sales edged up by 0.1 per cent on the year, as its market share held flat at 10.9 per cent. Aldi stormed up the [...]
Tesco share price falls, sales slide as discounters march on ahead June 30, 2015 Tesco shares were dealt a blow yesterday, after industry figures revealed another slowdown in sales at the troubled supermarket chain – despite its recent efforts to turn itself around. Data from Kantar Worldpanel showed sales at Tesco fell by 1.3 per cent in the 12 weeks to 21 June, underperforming the overall grocery [...]
Tesco’s share price is falling on the back of Kantar figures showing sales are dropping again June 30, 2015 Tesco was the biggest loser on the FTSE 100 this morning, with the share price dropping like a stone after Kantar's latest market update. Sales at the troubled supermarket fell 1.3 per cent for the 12 weeks to 21st June – underperforming the sector average, which slipped back into a decline of 0.1 per [...]
Mike Ashley retains House of Fraser stake as Nanjing Xinjiekou sale goes through September 2, 2014 The sale of department store House of Fraser to Chinese conglomerate Nanjing Xinjiekou has gone through today – with Sports Direct owner Mike Ashley retaining his 11 per cent stake. The deal values the business at around £480m – probably more than it would have valued at, had chairman Don McCarthy gone through with [...]
Record grocery deflation hurts sales at Tesco, Asda and Morrisons and Sainsbury’s May 6, 2015 All four of Britain’s major supermarkets saw sales fall over the last 12 weeks, while the discounters continued to slow, as grocery price deflation reached another record low, figures released yesterday show. Sainsbury’s was the strongest performer among the big four despite a 0.2 per cent fall in sales thanks to its increased focus on [...]