Hints and tips:
...Overall revenues rose 11 per cent in the quarter, with in-store sales up more than 70 per cent and ecommerce sales 16 per cent higher....
...Banco Sabadell, the banking group that owns TSB, confirmed it had received an approach from the Co-op....
...It has agreed to service more than €150m of NPLs made by Greece’s four largest banks — Piraeus, Alpha Bank, Eurobank and National Bank of Greece — to Notos Com Holdings, which operates department stores...
...Eurobits already works with big names in banking including Santander, Sabadell and BBVA, and the deal will help Tink to grow in Europe....
...But on Monday Sabadell boss Jaime Guardioa said TSB was a “key lever” to improve profitability at the group....
...TalkTalk’s FibreNation unit for £200m (FT) UBS lowers targets after profit falls in 2019 (FT) Warburg Pincus said to mull deal for wealth manager Quilter (BBG) US landlords grapple with thousands of store...
...Same-store sales were down 10.3 per cent, more than twice the drop expected by the consensus, with both international and domestic operations posting double-digit declines....
...Some are owned by their entrepreneur founders or private equity, while others are locked up within banks such as JPMorgan Chase, Citigroup, Crédit Mutuel, Société Générale, Sabadell and Bankia, as Worldpay...
...● Tiffany retreated after reporting flat same-store sales over Christmas at constant currency, which missed market forecasts for 3 per cent growth....
...And, in 2015, TSB’s brief existence as a challenger, split off from Lloyds Banking Group, ended after just a year, when shareholders in the newly-floated bank accepted a £1.7bn bid from Spain’s Sabadell....
...by 2020, to 150 stores by 2020 to now 110 stores by 2020....
...Virgin Money has a branch network of only 75 stores....
...Kingfisher, the DIY chain, is usually either fixing the roof on its French operations or planing down its stores in the UK and Ireland....
...Challengers set great store by their specialist underwriting skills....
...Santander has bought a majority stake in the consumer lending business of department store group El Corte Inglés....
...Two rolls of Catalan flags stand in the window of Gloria Clopés’ haberdashery store in the town of Arenys de Munt, 45km from Barcelona....
...Jaume Guardiola, chief executive of Banco Sabadell, told reporters this week it was time to “pay for the drunken binge and deal with the hangover” of Spanish indebtedness....
...- John Lewis weekly dept store sales up 2.2 pct – statement. - BSkyB says will use all avenues to challenge Ofcom – statement. - Spain’s Sabadell to issue debt to boost capital – story....
...Zara, the group’s flagship retail store, has thousands of outlets in Europe, the Americas and Asia. Under his leadership, Inditex is expanding strongly in Asia....
...Also shortlisted were Mercadona and Banco Sabadell. Gamesa Eólica, an engineering company based in Spain’s northern Basque country, was the mid-sized growth winner....
International Edition