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City & Finance

Kingfisher\'s B&Q business is overspaced Barclays analysts believe

Comment: Kingfisher boss Laury expected to confront overspaced estate

As new Kingfisher chief executive Véronique Laury prepares to post full-year figures in just over a month’s time, the pressure is on.

Sports Direct has not had a finance director for  over a year

Comment: A year and counting… when will Sports Direct hire a finance director?

Sports Direct gets curiouser and curiouser and it is surely time the lack a finance director is addressed at the retailer.

Poundland aims to buy 99p Stores in a £55m deal

Comment: Investors hope to count the pennies as Poundland buys 99p Stores

Poundland’s proposed takeover of 99p Stores for the equivalent of over 55 million customer transactions pleased the market, sending its share price up 15%.

Ocado has made a full-year pre-tax profit for the first time

Comment: Ocado’s first annual pre-tax profit is tribute to Tim Steiner

It still starts with an o and it ends in an o, but at last online grocer Ocado has recorded a full-year statutory profit.

High service standards helped Halfords have a good Christmas

Comment: A Halfords-style servicing can make Tesco fully roadworthy

As Matt Davies prepares to move to Tesco, Halfords’ update brought clues about how he may put the wheels back on the grocer.


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