Edition:
United Kingdom

Tanishaa Nadkar

JD Sports' surging profits under threat as shopping malls remain quiet

07 Jul 2020

Britain's biggest sportswear chain JD Sports said customer traffic was still weak in malls across Europe and cancelled its final dividend on Tuesday even as it reported a surge in profits up until the coronavirus outbreak in February.

Cineworld hits back at Cineplex in tussle over scrapped deal

06 Jul 2020

Cineworld said on Monday it planned to make a counter-claim against Cineplex following the Canadian cinema chain's legal action against the British group for damages after it scrapped a $1.65 billion takeover.

UPDATE 2-Upper Crust owner may cut 5,000 jobs in Britain as pandemic hits sales

01 Jul 2020

* Sales hit badly due to lockdowns (Adds shares, analyst comment, outlook)

Marston's gears up to reopen pubs, sees smaller sector ahead

26 Jun 2020

Britain's Marston's said on Friday it expects a smaller market ahead for pubs and restaurants as it looks to reopen and rebound from a 73% fall in half-year profit.

UK's baking boom brings in the dough for Premier Foods

24 Jun 2020

Britain's Premier Foods, maker of OXO stock cubes and Bisto gravy, said on Wednesday it expected revenue and profit to exceed estimates for the fiscal year that began at the end of March, as the coronavirus lockdown drove people to cook at home.

REPEAT UPDATE 2-Cineworld plans to resume screenings in UK, U.S. next month

16 Jun 2020

* Rival AMC also looking to restart next month (Repeats for wider distribution)

UPDATE 2-Cineworld plans to resume screenings in UK, U.S. next month

16 Jun 2020

* Rival AMC also looking to restart next month (Recasts, adds details on reopenings, shares)

Travel food firm SSP boasts liquidity as virus harms sales

03 Jun 2020

British travel food group SSP said store closures due the coronavirus cut its first-half sales by up to 150 million pounds and swung it into a loss, but it had sufficient liquidity to ride out the crisis even if shops stay shut this year.

French Connection says could run out of cash within months

19 May 2020

French Connection is the latest major UK retailer to warn it could run out of cash within months, saying it was in talks with investors over new funding but had struggled to access government support schemes during the coronavirus crisis.

William Hill looks to football, horseracing to ride out crisis

15 May 2020

William Hill said on Friday it is counting on the return of Germany's Bundesliga and horseracing in the UK to turn the odds in its favour, and that it expects a lower hit to core earnings from coronavirus-led disruptions which have cancelled sports events and shut its betting shops.

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