All City & finance articles – Page 102
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Opinion‘Currys’ strangers to friends strategy looks like a recipe for success’
Data has long been mooted as the key to customer loyalty, but Currys intends a personal and personalised strategy to set it apart from its competitors.
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NewsHalfords updates outlook as profits and sales surge
Halfords has reported strong growth in both its retail and autocentre divisions, prompting the retailer to upgrade its full-year profit forecast.
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AnalysisMorrisons deal: What the landmark takeover means for British grocery
After four months of back-and-forth bidding, the private equity battle for grocery giant Morrisons has finally been settled.
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NewsPrimark leans into homewares after successful trial in Birmingham
Primark is set to roll out a dedicated homewares space in 40 stores after a successful trial in its Merry Hill store in Birmingham.
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NewsGymshark founder quashes ‘imminent’ IPO plans despite soaring revenues
Gymshark chief executive and founder Ben Francis has quashed rumours of an upcoming stock market flotation, despite doubling sales year on year.
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NewsWatches of Switzerland ‘bullish’ about Christmas success after year of disappointment
Watches of Switzerland have recorded soaring sales across all markets in which it operates and is gearing up for a blockbuster Christmas.
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NewsPrimark plans more store openings as profits rise
Primark owner Associated British Foods is seeking to grow the retailer’s store estate as it delivered a profit in the midst of pandemic disruption.
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NewsJD Sports to launch investigation into covert filming of chairman
JD Sports have begun an investigation into who was behind the filming of a meeting between the company’s chair Peter Cowgill and Footasylum boss Barry Bown at a car park in July.
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NewsAngling Direct websites closed amid cyber security ‘incident’
Specialist retailer Angling Direct’s websites have been hit by a “cyber security incident”.
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NewsCard Factory posts improved trading as shoppers return to stores
Card Factory has reported an improving sales trend as consumers return to shops following he Covid pandemic.
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NewsJD Sports defends boss over covertly filmed car park meeting
JD Sports has defended executive chair Peter Cowgill after a car park meeting between him and Footasylum boss was secretly filmed and questions were raised about whether it breached competition rules.
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NewsTHG’s Moulding reveals he regrets London IPO and prompts buy-back speculation
THG founder Matt Moulding has described the retailer’s London IPO as a “mistake” and sparked talk that he may take the business private.
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NewsSuperdry predicts strong Christmas ahead of opening new London flagship
Superdry has reported an “encouraging start” to the golden quarter despite a dip in sales overall.
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NewsJD Sports lambasts CMA as regulator orders sale of Footasylum
JD Sports has hit out at the competition watchdog after a final ruling ordered the retailer to sell the Footasylum business it acquired back in 2019.
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NewsZalando upgrades outlook as sales climb and brand collaborations boom
Zalando has recorded rising sales in the first quarter in which all markets in which it operates were fully reopened.
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NewsNext braces for supply chain woes to dampen Christmas trading
Next has reported a stronger than expected uplift in sales in its third quarter, but expects falling demand and availability issues to impact sales for the remainder of its financial year.
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NewsPets at Home boss Peter Pritchard to step down next year
Pets at Home chief executive Peter Pritchard will stand down from his role next May, with a search for his successor underway.
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Opinion‘Amazon’s Christmas costs warning is bad news – not good – for rivals’
Amazon’s update last week showed that it is not immune to the disruptive forces battering retail at present – but any smugness about the online Goliath’s challenges is missing the point.
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NewsBezos pledges $2bn to fight climate change in COP26 speech
Amazon founder Jeff Bezos has pledged to donate $2bn for land restoration in Africa as part of his Bezos Earth Fund.
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NewsTHG shares plummet to record low as BlackRock sells half its stake
THG’s largest institutional investor BlackRock has sold almost half of its shares as the online retailer faces ongoing concerns around its corporate governance and business model.