Posts Tagged ‘gain’
Morrisons outperforms rivals with strong Christmas trading
Supermarket giant Morrisons has beat its rivals by announcing strong Christmas trading results.
The Bradford-based retailer said like-for-like sales in the six weeks to January 3 rose by 6.5%.
Meanwhile, total sales grew 11.2% as the supermarket attracted a record number of customers and the strong festive performance resulted in Morrisons increasing its market share over the [...]
Virgin Money buys regional bank Church House Trust
Sir Richard Branson’s Virgin Money has announced it is to buy regional bank Church House Trust for £12.3 million and will invest £37.3 million into the business.
Virgin Money, which was unsuccessful in acquiring crisis-torn Northern Rock two years ago, already offers savings, credit card and investment products to around 2.5 million customers.
The purchase [...]