All City & finance articles – Page 277
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OpinionOpinion: Co-op provides McColl's with convenient option to expand
It may have seemed like a big deal, but for many the move by McColl’s to snap up 298 of Co-op Food’s smaller stores did not come as a surprise.
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NewsFnac’s acquisition of Darty cleared by French competition authorities
Fnac’s takeover of electricals retailer Darty has been cleared by the French Competition Authority, subject to a store sell-off of six shops.
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NewsZalando grows sales and margin in stellar second quarter
Zalando has reported soaring sales and an increased margin in its second quarter, and has increased full-year margin guidance.
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NewsArcadia may attempt block of BHS administrator appointment
Arcadia may try to block the appointment of a second administrator to collapsed chain BHS because it believes it would be a waste of creditors’ money.
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NewsConviviality eyes more festival pop-ups after Isle of Wight pilot
Conviviality is eyeing a move to open pop-up Bargain Booze shops at music festivals across the UK as part of plans to diversify the business.
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NewsConviviality's sales and profits more than double in 'transformational year'
Bargain Booze owner Conviviality has more than doubled its sales and profits following a year of fruitful acquisitions and appointments.
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NewsSir Philip Green: I did not block sale of BHS to Sports Direct’s Mike Ashley
Sir Philip Green has written to MPs saying that he did not attempt to block the sale of BHS to Sports Direct’s owner, Mike Ashley.
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NewsAgenda: Conviviality full-years plus footfall and retail sales figures
Retail Week looks ahead to the next seven days with full-year figures from Conviviality, plus the latest footfall and retail sales data all on the agenda.
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NewsSuperGroup boss Sutherland confident of plenty of growth to come
SuperGroup boss Euan Sutherland said today that the fashion retailer should double its sales in the next three years, after strong results.
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OpinionOpinion: Investment rather than cost-cutting will help retailers navigate Brexit
I have been giving a lot of thought to the implications of Brexit for retail and the strategic options available to retailers.
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AnalysisTheresa May’s shopping list: what policies can retailers expect?
Britain has its first female Prime Minister in 26 years with the arrival of former Home Secretary Theresa May at 10 Downing Street.
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NewsHalfords boss hopes for 'staycation' boost to counter Brexit disruption
Halfords boss has shrugged off the threat of a post-Brexit downturn by saying it could benefit from people choosing to ‘staycation’ this summer.
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AnalysisSuperGroup full year results: what the analysts have to say
SuperGroup’s full year profits jumped by 16.3% to £73.5m in the year to April 23. Here’s how the City reacted to the announcement.
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NewsB&M like-for-likes flat but full-year profits remain on track
Value retailer B&M posted flat like-for-likes in its first quarter but new store openings have boosted its total sales.
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NewsMothercare blames 'unseasonable' weather as UK sales fall
Mothercare has blamed “unseasonable” weather on a fall in first-quarter UK sales, but like-for-likes rose as its turnaround effort continues.
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NewsSuperGroup sales and profits jump as its eyes China and North America growth
SuperGroup boss Euan Sutherland has hailed “significant progress” in his first full year in charge as the retailer recorded a jump in profits.
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NewsHalfords like-for-likes slip as bad weather hits cycling sales
Halfords has posted a 0.6% drop in first-quarter group like-for-likes as it blamed bad weather for a slide in sales in its cycling division.
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OpinionAnalysis: Four key strategies for retailers as they prepare for Brexit
Uncertainty will be a feature of the retail landscape for months to come as the timeframe and structure of the UK’s EU exit become clear.
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NewsPoundland chairman talks up growth opportunities under new owner Steinhoff
Poundland’s chairman has said he believes its staff should be “pleased” with Steinhoff’s takeover as it offers growth opportunities.
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NewsNotonthehighstreet hires new finance boss to bolster executive team
Notonthehighstreet has snapped up drinks supplier Matthew Clark’s former finance boss David Philips to head up its financial operations.