All City & finance articles – Page 256
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NewsPaperchase appoints former Pets boss as new chairman
Paperchase has appointed former Pets at Home chief executive Nick Wood as its chairman.
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OpinionOpinion: Tesco and Booker could spark c-store consolidation
If question marks remained over whether Tesco was truly back on the front foot, a frenetic Friday has laid those doubts firmly to rest.
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NewsToday in Retail: Tesco's new chapter with Booker buy
Tesco served up a surprise today with news that it is buying wholesaler Booker Group in a £3.7bn deal.
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Opinion
Opinion: Tesco Lewis' love-in masks flies in the ointment
In a bid to convince this was a ‘merger’ not a takeover, Tesco and Booker’s bosses studiously took it in turns to speak during today’s press conference.
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News
French Connection signals director departure
French Connection has reportedly indicated that two of its non-executive directors are to step down, in a victory for investor pressure.
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NewsTesco boss Lewis reveals Cousins quit over Booker deal
Tesco boss Dave Lewis has admitted that non-executive director Richard Cousins quit the grocer because he disagreed with the Booker deal.
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AnalysisAt a glance: What do we know about Booker Group?
News this morning that Tesco is buying Booker Group in a £3.7bn mega-deal was a bolt from the blue. We take a closer look at the wholesale business.
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Analysis
Tesco's swoop for Booker: what the analysts say
Tesco unviled plans to buy wholesaler Booker this morning. We look at how the City and retail watchers reacted.
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VideoThe Retail Week: Tesco, Booker and French Connection
The Retail Week team sit down to discuss the big moves in the industry, including Tesco’s merger with Booker and the trouble at French Connection.
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NewsTesco's Lewis downplays Booker deal competition concerns
Tesco boss Dave Lewis has shrugged off suggestions that competition authorities could hamper its proposed merger with food wholesaler Booker.
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NewsShop Direct owners the Barclays mull share sell-off
Shop Direct owners the Barclay brothers are considering selling off their stake in the business, in a deal that could value the etailer at £2bn.
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News
Tesco to buy wholesaler Booker in £3.7bn deal
Tesco and food wholesaler Booker have unveiled plans to merge in a deal that values the Londis and Budgens owner at £3.7bn.
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AnalysisAgenda: Ocado, Joules, Carpetright, ScS and Conviviality
This week brings another busy week of updates with Ocado, Conviviality, Joules, Carpetright and ScS all reporting.
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NewsHammerson toasts festive sales rise at UK shopping centres
Hammerson posted an increase in sales across its UK shopping centres in December, as athleisure, electricals and department store retailers drove performance.
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NewsFindel sales soar as Express Gifts remains standout
Home shopping firm Findel has posted a jump in sales over Christmas as its Express Gifts business continued to perform strongly.
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NewsCard Factory delivers Christmas sales rise
Card Factory has reported a rise in Christmas sales and said its full-year profits will be “slightly” ahead of analyst expectations.
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NewsAsos co-founder earns £15.5m from share sell-off
Asos co-founder Nick Robertson has sold 300,000 shares in the business, netting more than £15.5m.
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NewsToday in Retail: WHSmith books another sales rise
It isn’t just the recipients of spoof humour books who have been left chuckling post-Christmas – WHSmith is laughing too, all the way to the bank.
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NewsInflation hits 30-month high to squeeze spending power
Inflation reached its highest level for two-and-a-half years in December as rising prices put a squeeze on consumer spending power.
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NewsTesco faces fresh legal claim over accounting scandal
Tesco has been hit with a fresh legal writ from investors in the aftermath of its £326m accounting scandal.

















