All City & finance articles – Page 283
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NewsAo.com full-year losses widen, new chairman revealed
Ao.com’s full-year operating losses have widened as investment in Germany and costs from launching in the Netherlands took their toll.
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NewsSainsbury's first-quarter like-for-likes slide 0.8% as price war bites
Sainsbury’s has posted a 0.8% slip in first-quarter like-for-likes as food price deflation and the grocery price war continues to bite.
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OpinionOpinion: Asda’s turnaround won’t just be about price cuts
The drums of war are beating in Bentonville. That was the City view as grocery shares were marked down after Asda parent Walmart’s AGM last week.
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NewsNew Look profits and sales rise as China expansion drives growth
New Look has reported an increase in full-year profits and sales in what boss Anders Kristiansen has hailed as a “milestone year”.
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NewsMatalan's profits halve after warehouse problems drag
Matalan’s EBITDA nearly halved in its last financial year, after its customer proposition was “severely challenged” due to warehouse issues.
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NewsSir Philip Green repeatedly threatened to abandon BHS deal
Sir Philip Green was reluctant to sell BHS to Retail Acquisitions, documents from the joint select committee inquiry into BHS’s collapse show.
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OpinionThis week in retail: All eyes on Sainsbury's for its first-quarter figures
Grocers have had to endure an extraordinary amount of upheaval in the last few years as customers reap the rewards of a competitive market.
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VideoWalmart AGM video blog: The annual meeting, Uber, Waltons and Katy Perry
In our final video diary from shareholders week, we go inside the main event and examine the focus for Walmart moving forward.
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VideoThe Retail Week: BHS, Austin Reed, Sainsbury's CMA probe and Walmart AGM
Our team in Arkansas discusses Walmart shareholders week, the demise of BHS and Austin Reed and a CMA probe into Sainsbury’s bid for Argos.
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NewsEngland's first plastic bank note revealed ahead of September circulation
England’s first polymer banknote, a five-pound note showing Winston Churchill, has been unveiled prior to it entering circulation in September.
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AnalysisInfographic: Discretionary spend hits new high, plus key quotes and figures
The week in words and numbers, June 3, 2016: UK households’ discretionary spend hits new high and CEOs reveal impact of Brexit on growth plans.
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NewsAgenda: Sainsbury's, Home Retail, Ao.com and Bonmarché updates
Retail Week looks to next week with updates from Sainsbury’s and Home Retail, plus full-year figures from Ao.com and Bonmarché on the agenda.
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OpinionBHS's demise reflects how brutal the UK high street can be
BHS’s demise throws into sharp relief how unforgiving the British high street can be, and proves that retailers must thrive to survive.
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NewsBHS to be wound down as rescue effort falls apart
The administrators for BHS have revealed the chain will be wound down, with 11,000 jobs at risk and all stores to be closed down.
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VideoWalmart AGM video blog: Walton’s 5&10, Walmart museum and welcome concert
Retail Week has crossed the pond to Bentonville, Arkansas this week for a front-row seat at Walmart’s annual shareholders’ event.
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NewsHalfords boss upbeat on cycling growth despite sales dip
Halfords’ boss has said she remains confident about long-term growth in cycling sales as participation in the UK is still “quite low”.
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NewsHalfords' full-year profits decline: what the analysts say
Halfords has reported a drop in full-year profits as the strength of its motoring division picked up the slack. Here’s the City’s reaction.
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NewsAustin Reed: the full list of stores to close this month
Austin Reed administrators said yesterday that all stores will close, following the sale of the Austin Reed and Country Casuals brands to Edinburgh Woollen Mill.
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NewsHalfords profits dip but cycling sales boosted in second half
Halfords has revealed a slight dip in full-year profits but its cycling division recovered in its second half despite “weaker market conditions”.
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OpinionOpinion: New chief must reignite lacklustre Debenhams
After months of speculation, false starts and near misses, we learned last week who has been tasked with leading Debenhams.