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Mirror and Express owner slumps to 113m loss

2018-07-30 09:11:14| BBC News | Business | UK Edition

Reach writes down the value of its regional newspaper titles by 150m amid "difficult" trading.

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Singapore leads the way as Britain slumps to 35th place for broadband speeds

2018-07-10 02:00:00| Total Telecom industry news

  The UK has fallen to 35th place in the world tables for broadband connectivity, according to an annual report published by Cable.co.uk and M-Lab. The report shows the UK averaging broadband speeds of just 18.57Mbps, far below the 46.2Mbps claimed by Ofcom in its annual report…read more on TotalTele.com »

Tags: place britain leads singapore

 
 

Struggling Carpetright slumps to loss

2018-06-26 08:27:55| BBC News | Business | UK Edition

The floor covering retailer is in the process of closing stores as part of a rescue plan.

Tags: loss struggling slumps carpetright

 

Sears Prepares for More Store Closings as Revenue Slumps

2018-05-31 19:28:17| National Real Estate Investor

The Hoffman Estates, Illinois-based retailer said Thursday that it has identified 100 unprofitable stores, and 72 of them will begin store-closing sales in the near future.

Tags: store revenue prepares sears

 

M&S FY profit slumps 74.8% on store closure costs

2018-05-23 12:06:00| Daily apparel & textile news and comment - from just-style.com

M&S has revealed profits slumped by almost three-quarters last year as a result of declining sales of clothing, food and homeware and what CEO Steve Rowe called "short-term costs" as a result of its turnaround plan.

Tags: store costs profit closure

 

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