All City & finance articles – Page 248
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NewsFindel new chief exec appointed amid profit warning
Findel has issued a profit warning and appointed new chief executive Phil Maudsley, formerly of the group’s Express Gifts division.
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NewsMothercare reveals final quarter like-for-like growth
Mothercare has reported a rise in UK like-for-likes in its fourth quarter against improving conditions in its challenging international territories.
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NewsCo-op swings to loss but food like-for-likes rise
The Co-op registered a statutory pre-tax loss but a rise in like-for-likes sales in its convenience business in what chairman Allan Leighton termed an “exceptional year.”
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NewsToday in retail: Tesco, Booker, Argos and Smiggle
When was the last time you went shopping in the middle of the night?
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NewsTesco-Booker: 70% of investors 'in favour' of deal
Tesco is on track to win the backing of shareholders over its proposed takeover of Booker, a survey of investors has suggested.
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OpinionOpinion: Tesco faces war of words over Booker deal
In a week when US President Donald Trump sparked fears of a conflict with North Korea, Tesco boss Dave Lewis is engaging in a battle of his own.
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NewsBreakfast briefing: Tesco, Ann Summers and more
Retail news round-up: Tesco-Booker deal may be threat and opportunity for Nisa, Ann Summers in Ireland reports loss and Carphone Warehouse in Ireland records pre-tax losses
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OpinionOpinion: Asos shows the way towards retail reinvention
John Lewis managing director Paula Nickolds shared her first thoughts on leading the business last week and was frank about the testing times she faces.
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NewsToday in retail: No Express checkout for Tesco-Booker
Tesco’s proposed £3.7bn Booker takeover has come under more pressure with experts suggesting the grocer may have to ditch hundreds of its Express convenience stores.
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NewsJaeger poised to tumble into administration
Jaeger is poised to fall into administration this week, leaving the future of 25 stores and almost 700 jobs hanging in the balance.
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NewsArcadia pension deficit balloons to almost £1bn
The black hole in Arcadia’s pension scheme has ballooned to almost £1bn, documents published by MPs have revealed.
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NewsToday in retail: Brexit plans can restore confidence
In the week Article 50 was triggered, the ramifications of last summer’s Brexit vote were made clear once more today.
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AnalysisBrexit: Seven opportunities for retailers to benefit
The Brexit decision may have brought uncertainty, but retailers can make the most of it.
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InterviewInterview: Macy’s legend Lundgren on US department store turmoil
As he hands over the reins as chief executive, Macy’s Terry Lundgren discusses his career and why he’s confident department stores will thrive.
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AnalysisAgenda: Asos and Mothercare update the market
Retail Week looks ahead to the next seven days, with financial updates from Asos and Mothercare both on the agenda.
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NewsH&M to unveil Arket fascia in London as profits fall
H&M has revealed that it will unveil its new fascia Arket in London this autumn against a backdrop of falling profits.
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NewsAO.com revenue soars but full-year loss expected
AO has reported rocketing revenues but says it expects to make a full-year loss in 2017.
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NewsBooker sales creep up, choked by tobacco display ban
Booker has reported a small rise in sales in its fourth-quarter, with growth being dragged down by falling tobacco sales.
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NewsDFS profits and sales rise in half-year results
DFS has reported rising sales and profits in its half-year results, with boss Ian Filby hailing the retailer’s ability to weather economic headwinds.
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NewsMatchesfashion.com sales and profits soar
Matchesfashion.com has reported soaring sales and profits as it hailed rapid growth in its customer base.