All City & finance articles
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NewsAO’s balance sheet ‘strongest in history’ as profits and sales soar
Electricals retailer AO has said its balance sheet is the “strongest in our history” as profits and sales in the last financial year soared.
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AnalysisCan Debenhams Group get over its sales problem?
Momentum is building at Debenhams as the PrettyLittleThing owner revealed this morning that it was on track to return to sales growth after more than five years.
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NewsDebenhams Group hails turnaround success as every brand turns profitable
Debenhams Group has hailed its turnaround as “firmly on track”, as EBITDA has risen and all of its brands made a return to profitability.
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NewsThe Cotswold Company hits record sales
The Cotswold Company has posted another record year of sales driven by store openings and new ranges.
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NewsSainsbury’s kicks off search for new chair
Supermarket giant Sainsbury’s is in the market for a new chair, having instructed headhunters to begin searching for a replacement for Martin Scicluna.
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NewsSigma Healthcare pulls out of Boots talks
The Australian pharmacy group said the deal would “not currently meet its strategic and capital investment objectives”.
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NewsHomewares retailer Dusk eyes London float
Homewares retailer Dusk is reportedly appointing advisers ahead of a potential £300m float on the London Stock Exchange.
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NewsWaterstones owner shows interest in takeover of The Very Group
Waterstones owner Elliott Advisors is reportedly among several parties eyeing up a potential takeover of The Very Group.
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NewsTGJones pledges lower prices and more staff hours in-store after restructuring
The boss of TGJones, the rebranded WHSmith high street business, has outlined a new vision for the retailer as it seeks to restructure.
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NewsFrasers launches takeover bid for Hugo Boss
Frasers Group, which owns a raft of brands such as Sports Direct and Flannels, as well as a small number of shopping outlets, has launched a takeover offer of luxury brand Hugo Boss.
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Opinion‘Pessina poised to be kingmaker once again as Boots holds sale talks’
As Alex Baldock prepares to take the helm of the famous retailer, it could be all change on the ownership front; and that will be up to wily entrepreneur Stefano Pessina, says George MacDonald
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AnalysisWhat the City makes of WHSmith’s capital raise
WHSmith’s travails seem to be going from bad to worse, with the retailer issuing another profit warning today and launching an (ultimately successful) c.£100m capital raise.
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NewsWHSmith launches capital raise as global turmoil takes toll
WHSmith is to raise money through a new share placing after cutting profit expectations and warning on its outlook as conflict continues in the Middle East.
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NewsPret a Manger hails ‘encouraging start’ to the year as sales rise
Food-to-go specialist Pret a Manger has reported an “encouraging start” to the year as sales continued to rise following positive growth in 2025.
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NewsHobbycraft pays out to creditors as it makes early exit from CVA
Specialist retailer Hobbycraft has exited its CVA two years earlier than envisaged and distributed a pot of cash to creditors, Retail Week can reveal
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NewsBoots in talks with potential buyers at $10bn valuation
Health and beauty giant Boots has held talks with potential suitors over a sale which could value the retailer at as much as $10bn.
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NewsHeatwave drives jump in retail sales in May
The twin bank holidays and a heatwave helped drive a jump in retail sales during May, according to the latest BRC-KPMG retail sales monitor.
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NewsBritish Heart Foundation to close 150 shops amid rising costs
The British Heart Foundation (BHF) is to close around 150 of its charity shops over the next two years, citing “exceptionally challenging” trading conditions on Britain’s high streets.
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NewsBritish Land criticises TGJones’ ‘unacceptable’ and ‘unfair’ restructuring proposals
Commercial property group British Land has slammed TGJones’ restructuring proposals, labelling them “unacceptable” and “unfair”.
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NewsFootasylum enters partnership with Trapstar
Footasylum has entered a strategic partnership with British streetwear brand Trapstar.