All City & finance articles – Page 169
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NewsIntu launches ‘transformational’ strategy as rental income slumps
Shopping centre owner Intu has launched what it has dubbed a “transformational” five-year strategy as it bids to arrest tumbling rental income and asset values.
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NewsNext ups profit guidance as second-quarter sales rise
Next has increased its full-year profit guidance after reporting a rise in sales during its second quarter.
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NewsConsumer confidence rallies as shoppers show ‘resilience’
Consumer confidence edged up in July, with increases recorded across all but one measure.
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OpinionLeader: Who will dare challenge Mike Ashley?
Whatever else he may be, Sports Direct tycoon Mike Ashley is commendably plain-spoken.
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CartoonRetail cartoon: Sports Direct's all-singing, all-dancing new model
Patrick Blower’s take on Mike Ashley and his mechanics “putting a beautiful, shiny new car on the outside” of Sports Direct’s retail engine.
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NewsGreggs sales and profits climb in ‘exceptional first half’
Greggs has recorded a jump in its interim profits as demand rose driven by the popularity of its new vegan sausage roll.
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NewsSports Direct auditor to quit over €674m tax bill bombshell
Sports Direct’s auditor Grant Thornton told regulators that it intended to quit due to concerns regarding the disclosure of the retailer’s 11th hour Belgian tax bill.
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NewsHammerson hit by retail CVAs and administrations
Rental income at retail property giant Hammerson’s top destinations has slid as retailers’ woes undermined performance.
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Retail VoiceHow retailers can make data work for them
Business intelligence helps retailers make smart decisions and supports sustainable growth. Here are five ways data can be applied to add value.
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NewsHouse of Fraser closures loom as Ashley’s Sports Direct takes hit
Sports Direct has laid bare the scale of problems at House of Fraser, the department store business it bought out of administration last year, as it posted a fall in full-year earnings.
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NewsAgenda: Next, Pets at Home and Travis Perkins update
Retail Week looks ahead to the next seven days with updates from Next, Pets at Home, Travis Perkins, Hammerson and Intu all on the agenda.
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NewsMothercare warns on profits as it seeks to offload UK arm
Mothercare has warned that its full-year losses are likely to be in line with its previous financial year’s as it kicks off talks to sell struggling UK stores.
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NewsAmazon misses profit forecasts while Prime costs bite
Amazon has reported lower-than-forecast second-quarter profits as it ploughed investment into its one-day delivery services.
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VideoWatch: Is Boris Johnson as PM good or bad for retail?
Following Boris Johnson entering Downing Street and promising to deliver Brexit by October 31 “do or die”, the team debate what impact the new prime minister will have on retailers.
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NewsFindel makes ‘solid start to the year’ ahead of AGM
Findel has said it has made a “solid start to the year” and its full-year financial guidance remains unchanged, ahead of its AGM this afternoon.
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AnalysisIs Boots boss Seb James right to be worried about a recession?
Boots boss Seb James has predicted a recession is on its way, but are his fears of an economic downturn well grounded?
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NewsB&M posts ‘record-breaking’ sales
B&M has posted increased sales during its first quarter which boss Simon Arora hailed as its “third consecutive record Easter trading period”.
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AnalysisAnalysis: How ‘total retail’ has spurred Joules’ success
After posting an impressive set of full-year results, departing Joules boss Colin Porter pointed to the success of the fashion brand’s ‘total retail’ model. What is that and what can others learn from it?
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NewsJoules profits and sales climb in ‘strong’ year
Joules has reported soaring full-year profits and sales in what boss Colin Porter says was driven by “growth across channels and product categories, both in the UK and internationally”.
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NewsMcColl’s seeks ‘stability’ as profits nosedive
McColl’s has posted a decline in profits at the interim mark despite an uplift in sales as boss Jonathan Miller says the group plans to “refocus on retail execution”.