22 results

Wall Street’s main indexes hit fresh record highs, as the trade optimism and solid earnings from semiconductor industry bellwether Applied Materials boosted risk appetite

European shares clocked a sixth-straight week of gains on Friday following record highs on Wall Street after bullish comments from a White House offic(...)

Carpetright is implementing a survival plan after negotiations with creditors in the past year. Photograph: Jason Alden/Bloomberg

Struggling UK flooring retailer Carpetright said on Tuesday its chief financial officer Neil Page would retire this month after more than a decade in (...)

Gourmet Burger Kitchen operates five outlets in Dublin

Gourmet Burger Kitchen (GBK) filed for a form of bankruptcy protection on Wednesday after running up millions of pounds of losses, the latest retail (...)

House of Fraser employs about 5,000 staff. Photograph: PA Wire

House of Fraser is fighting for its survival after the Hong Kong-listed company that also owns toy shop Hamleys abandoned plans to rescue one of the U(...)

The cross-border nature of many car rentals leaves customers vulnerable to abuse from afar. Yet the European Commission has done precious little to bring car rental companies to heel in recent years

Is there another major consumer-facing industry that is plagued by as many shoddy operators as the car hire sector? Many of the biggest brands have u(...)

Cuisine De France owner Aryzta was the biggest faller in Ireland on Tuesday, hitting a fresh record low. Photograph: Nick Bradshaw

European shares endured another choppy session on Tuesday with the Pan European Stoxx 600 index closing flat on the day. Ireland fared slightly bett(...)

Carpetright  has 20 stores in Ireland and made an underlying pretax loss of £8.7 million in the year to April 28th against a profit of £14.4 million in 2016-17

Struggling floor coverings retailer Carpetright reported a loss for 2017-18 on Tuesday in line with a previous profit warning and said underlying sal(...)

Mothercare’s sales and profit have been hammered by intense competition from supermarket groups and online retailers. Photograph: Bloomberg

Britain’s Mothercare, the struggling mother and baby products retailer, said on Thursday it would close 50 more stores as part of a survival plan that(...)

Carpetright has earmarked 81 stores for closure as part of the restructure, with rent on another 113 set to be slashed.

Carpetright has said it will book annual losses of up to £9 million after the struggling retailer’s shareholders rubber-stamped a mass store closure p(...)

Carpetright which has said that 300 jobs will be axed and 92 stores closed under a restructuring plan following tough trading. Photograph: Danny Lawson/PA Wire

Shares in struggling British flooring retailer Carpetright fell 9.42 per cent after it said it would seek creditor approval for a restructuring plan t(...)

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