All City & finance articles – Page 227
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NewsDunelm like-for-likes jump but margins hit
Dunelm like-for-likes jumped 9.3% in its first quarter although gross margin was down 220 basis points.
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NewsQuiz sales surge in first half as online rockets
Quiz’s sales surged 35% to £56.1m in its first half as it continued its omnichannel expansion in the UK and overseas.
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NewsToday in retail: Co-op closes in on Nisa deal
The Co-op’s swoop for Nisa took a giant step forward today when the symbol group and wholesaler’s board recommended the £137.5m offer to shareholders.
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NewsNisa board recommends Co-op’s £137.5m offer
Nisa’s board has “unanimously” recommended the Co-op’s offer worth up to £137.5m to its shareholders.
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NewsTed Baker profits rise bolstered by international sales
Ted Baker has reported healthy increases in its interim profits and sales, driven by increased demand in America and Asia and a thriving ecommerce arm.
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NewsToday in retail: What next for Oasis, Coast, Warehouse?
Having been on the block for a number of months, Oasis, Coast and Warehouse will not be changing ownership after all.
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NewsMatalan profits rise boosted by full price sales
Matalan has posted a jump in second-quarter profits as surging full price sales and the performance of revamped stores boosted its bottom line.
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NewsBrightHouse circled by consortium of US hedge funds
BrightHouse is being circled by a consortium of bondholders as pressure mounts on the rent-to-own retailer to strike a refinancing deal.
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AnalysisBig ticket: Is it boom or bust for home and furniture?
Against an uncertain backdrop, updates from ScS, Topps Tiles, DFS and Made.com have given a vital temperature check on the health of the home and furniture sectors.
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NewsOasis, Coast, Warehouse sale abandoned by Kaupthing
Icelandic bank Kaupthing has abandoned plans to sell Oasis, Coast and Warehouse after insisting the market “does not currently recognise the value” of the businesses.
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NewsNisa names Misra interim boss as first-half sales jump
Nisa named non-executive director Arnu Misra as interim chief executive as it unveiled an uplift in sales during its first half.
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NewsWholesalers call on CMA to block Tesco-Booker merger
The bosses of the UK’s seven biggest wholesale businesses have called on the Competition and Markets Authority (CMA) to block the deal.
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NewsDFS profits plunge in ‘very challenging’ furniture market
Sofa stalwart DFS said full-year profits were hit by consumer uncertainty and sterling’s slump in the wake of the Brexit vote.
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OpinionOpinion: WHSmith's high street shops can fly high again
WHSmith – celebrating its 225th anniversary this year – will show how its travel business has continued to soar when it issues preliminary results next week.
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NewsToday in retail: Tesco's triumphant turnaround
Three years since Dave Lewis took the reins at grocery Goliath Tesco, the transformation under his leadership has been nothing short of remarkable.
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NewsMade.com generates maiden UK profits as sales rise
Online furniture retailer Made.com became profitable in the UK last year as its sales “fast approach” the £100m mark.
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NewsClive Black: Tesco is back on its grocery throne
Tesco’s recuperation from the depths of corporate despair has been a time-consuming one.
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NewsTesco's Lewis: We're narrowing price gap to discounters
Tesco boss Dave Lewis insists Britain’s biggest retailer has narrowed the price gap to discount duo Aldi and Lidl, despite the inflationary grocery market.
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NewsTopps Tiles says ‘tougher’ market will hit profits
Topps Tiles full-year profits are expected to come in at the lower end of expectations amid “tougher” market conditions.
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NewsTesco profits rocket as turnaround gathers pace
Tesco has posted surging half-year profits as the retailer clocked up seven consecutive quarters of sales growth in its core UK business.