It has been reported today that online giant Amazon’s shares have shot up more than 18% after the popular e-tailer announced better-than-expected sales and profit figures.Figures show that Amazon saw a $92 million profit in comparison to the same period the previous year where it saw a $126 million loss....
Bookmaker Ladbrokes has announced plans to merge with Gala Coral, in a deal predicted to value the newly created business at £2.3 billion.Combining Ladbrokes' 2,100 shops with Coral's 1,845, will take them past the current high street leader, William Hill.Jim Mullen who is currently Ladbrokes chief executive, will become the...
DFS has announced a 7% increase in sales over the past year, as well as plans for further expansion in the Netherlands.In 2010, the sofa and soft furnishings giant was acquired by Advent, a private equity firm and has performed well ever since. In March this year, Advent put DFS...
Italian coffee firm Lavazza has made an offer to buy Carte Noire, the French brand from Douwe Egberts, subject to approval from the French authorities and the European Commission.No figures have been disclosed regarding the deal, however sources say that it may be worth around EU800 million (£550 million), making...
Kingfisher, which owns the B&Q, Castorama and Screwfix chains, has seen successful sales growth in the UK and France.In the UK and Ireland, where it runs B&Q and Screwfix stores, sales rose 5.5% compared with a 1.6% rise in the first quarter, whilst sales at its French Castorama division rose...
EasyJet has seen “better-than-expected” revenue per seat driven by strong demand in the UK for beach holidays.Total revenue decreased by 1%, amidst a difficult operational environment including a French ATC strike and a fire at Fiumicino airport in Rome, which together caused 1,364 of the 1,463 flights cancelled in the...
Apple has seen a record third quarter after selling 47.5 million iPhones in the three months to June 27th.Chief executive Tim Cook said that it was an “amazing” quarter, with profits up 38% and revenue up 33%.The third quarter, which is usually the slowest for iPhone sales, included a “great...
German e-tailer Zalando, the largest in Europe by sales, has seen another quarter of rapid growth, although profits took a hit.Despite a sales rise of 33-35%, the e-tailer said that operating profit would come in lower than last year, with operating margin predicted to be 3-5% down from 6.4% on...
Brits have favoured shopping online, causing footfall by almost 3% in June, according to the British Retail Consortium (BRC) and data specialist Springboard’s latest figures. The report indicated that customers also avoided shopping centres, replacing them with retail parks out of town and causing footfall in the former to drop...
It has been reported that Hisao Tanaka, chief executive of Toshiba is to resign after the firm announced it had exaggerated its profits for the last six years by 151. 8 billion yen (£780 million).Vice chairman Norio Sasaki is also resigning, as chairman Masashi Muromachi takes over.In a statement, Toshiba...
Why not sign up for daily news emails?
If you're in the job market, it can be a worrying time with the turmoil caused by the pandemic. You should be registering with consultants you can trust. We can't guarantee our ability to help you, but we can guarantee to safeguard your details. If we get in touch with you it's because there's a role we need to discuss. If we don't, then we'll keep your details live pending future positions.
job seekersRHR has specialist teams in most sectors, from manufacturing to hospitality and from public sector through to retail. We recruit managers and professionals in a wide range of functions, specifically, general management, digital marketing, HR, finance, procurement and supply chain. We have traded for over 30 years and have an enviable reputation for delivery, honesty and integrity.
recruiters