All City & finance articles – Page 280
-
AnalysisAnalysis: Seven things that led to the collapse of My Local
After c-store chain My Local tumbled into administration, Retail Week looks at what went wrong during its nine-month life on the high street.
-
NewsWilko bounces back with 'year of recovery' as profits shoot up
Wilko’s profits before tax have risen 15% in what the company has hailed a “year of recovery” following a “challenging” few years.
-
NewsMy Local formally enters administration putting 1,658 jobs at risk
My Local, the convenience chain born out of Morrisons’ failed c-store business, has formally entered administration putting 1,658 jobs at risk.
-
AnalysisDixons Carphone full year results: what the analysts say
Electricals powerhouse Dixons Carphone posted a 17% surge in full year profits this morning. Here’s the City’s reaction.
-
NewsBHS: MP Frank Field demands 'a very large cheque from the Green family'
Frank Field MP told Arcadia directors today that “a very large cheque from the Green family” was necessary to fill BHS’s pension black hole.
-
NewsAs it happened: BHS inquiry hears from Goldman Sachs chiefs
Goldman Sachs’ most senior London director appeared before MPs over the collapse of BHS continues. Catch up on how the action unfolded on our live blog:
-
NewsBHS: Fraudster denies claims he said Green would not sell to rivals
Claims that Sir Philip Green would not sell BHS to a rival because he wanted to preserve his reputation have been denied.
-
NewsDixons Carphone full-year profits jump as boss hails 'momentous' year
Dixons Carphone has reported a 17% jump in full-year profits, while boss Seb James has shrugged off Brexit concerns.
-
AnalysisOcado's first half profits rise for 2016: what the analysts say
Ocado reported a rise in profits and sales for its first half year this morning, despite a competitive market. Here’s the City’s reaction.
-
NewsCarpetright boss ‘bitterly disappointed’ by Brexit but remains confident
Carpetright’s boss has expressed bitter disappointment at the outcome of the EU referendum but insists the business is “full steam ahead”.
-
NewsRichard Caring claims he is owed £850,000 after BHS collapse
Richard Caring has sought to distance himself from BHS’ leadership, claiming that his companies were left with £850,000 of debt when it collapsed.
-
NewsOcado profits climb despite competitive market and price deflation
Ocado’s has posted a rise in half-year profits as measures to improve operations paid off, despite a competitive market and “ongoing price deflation”.
-
NewsCarpetright boss unveils plans for store regeneration as profits climb 33%
Carpetright has reported full-year profit and sales growth and plans to roll out its new signage across the business as of next month.
-
AnalysisAnalysis: How will Brexit affect future fashion buying?
Many of the headlines about Brexit’s effect on the retail industry have focused on the dent in consumer confidence that retailers may face.
-
OpinionOpinion: Brexit blues for retail as investors fret over impact
The least surprising thing about last week’s vote for the UK to leave the European Union was the impact that it had on retailers’ shares.
-
NewsJack Wills private equity backer in talks about selling stake
Jack Wills’ private equity backer Inflexion is reportedly looking for a buyer for its 27% stake in the British fashion retailer.
-
NewsPwC faces probe over BHS audit during Sir Philip Green ownership
The UK’s accounting regulator has launched an investigation into PricewaterhouseCoopers’ (PwC) audit of BHS when the chain was owned by Sir Philip Green.
-
DataBrexit: How retail share prices reacted to the EU referendum result
The shock decision of British voters to leave the EU prompted turmoil on the stock market. Here’s how retail shares fared.
-
OpinionOpinion: What the vote to leave the EU will mean for retail
Despite overwhelming business support to remain in the EU, the UK has voted to leave, which will cause uncertainty for retail.
-
OpinionRetail surgery: Is private equity beneficial for retailers?
Is private equity beneficial for retailers?