All City & finance articles – Page 225
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NewsTesco's Lewis kept in dark over inflated profits, court told
Tesco boss Dave Lewis was kept in the dark about inaccuracies in the grocer’s 2014/15 half-year accounts, a court heard today.
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AnalysisAnalysis: How the interest rate hike will affect retail
The Bank of England issued its first base interest rate rise in a decade earlier today, upping it to 0.5%.
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NewsOasis and Coast unveil profit lift as Warehouse falters
Oasis was the fashion group’s star performer in the year to February 28, 2017, registering a jump in profit and sales.
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NewsBank of England hikes interest rates to 0.5%
The Bank of England has increased interest rates for the first time in more than a decade.
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NewsOpinion: Morrisons excels in playing to its strengths
Morrisons posted an eighth consecutive quarter of sales growth today as it built further trading momentum. Bryan Roberts assesses the grocer’s progress.
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NewsMorrisons' Potts shrugs off potential interest rate hike
Morrisons boss David Potts has downplayed the impact a potential rise in interest rates could have on its progress.
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NewsMorrisons sales rise as price campaigns gain traction
Morrisons has posted a jump in third-quarter sales as it hailed progress in becoming “more competitive” on price.
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NewsNext full-price sales edge up in third quarter
Next’s full-price sales advanced 1.3% in the 12 weeks to October 29, driven once again by growth at its healthy Directory business.
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OpinionSainsbury's lights right fuses, but don't expect fireworks
Bonfire night may be just around the corner, but don’t expect too many fireworks from Sainsbury’s when it updates the market this week.
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NewsReiss profits drop amid global openings
Reiss’ profits dropped last year despite rising sales as the retailer ploughed investment into global openings.
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NewsConsumer confidence slips amid fears over UK economy
Consumer confidence declined further in October as concern over the UK economy took its toll on shoppers’ outlook.
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NewsDebenhams shares may prove costly for Sports Direct
Sports Direct acquired shares in department store group Debenhams last week and might have paid more than they are worth.
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NewsToday in retail: Frenetic Friday for Wilko and Jigsaw
Retailers are living in turbulent times – and a frenetic Friday has only added to the sense of struggle.
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NewsJigsaw owner puts fashion chain up for sale
Jigsaw is on the hunt for a new owner as the high street chain grapples with an increasingly turbulent fashion market.
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NewsAmazon profits fall despite third-quarter sales surge
Amazon profits fell in its third quarter but shares in the business soared as it beat market expectations.
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NewsFootasylum set for £170m valuation on AIM
Footasylum expects its market capitalisation to be £171.3m when it launches its IPO on AIM next week at the price of £1.64 per share.
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NewsShopper spending power falls as inflation bites
Consumers’ disposable income fell in 10 out of 12 UK regions last month as gains in salary were offset by the rising cost of household bills.
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AnalysisBuy, sell or hold? Sports Direct takes stock of shares
Sports Direct has drafted in a head of strategic investments to review the shareholdings the retailer has built up in other businesses.
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NewsAgenda: Morrisons and Next update the market
Retail Week looks ahead to the next seven days, with third quarter updates from Morrisons and Next on the agenda.
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NewsSelfridges profits jump as investment plan pays off
Selfridges has posted a jump in profits as its ambitious investment strategy began to bear fruit.