All City & finance articles – Page 297
-
AnalysisOnline retail sales rocket but January discounts stifle fashion
Online retail sales by value jumped 12.3% last month while overall retail sales increased 1.4%, latest figures from the ONS show.
-
NewsFindel hails ‘improvement in sales performance’ months after profit warning
Findel has hailed “an improvement” in sales performance, just two months after it warned on profits following a tough third quarter.
-
NewsNext profits rise but boss Lord Wolfson warns of 'toughest' year since 2008
Next has posted a 5% uplift in full-year profits but boss Lord Wolfson warned that this year could be the retailer’s “toughest” since 2008.
-
OpinionBHS chief executive Darren Topp: After the CVA, the hard work really starts
BHS has won creditor support for its turnaround plans, but it’s only starting on the road to recovery boss Darren Topp tells George MacDonald.
-
NewsGame boss Gibbs expects 'pain' of console upgrade to subside within a year
Game boss Martyn Gibbs has insisted the “pain” of customers crossing over to newer consoles will subside within the coming year.
-
AnalysisWatch: What now for BHS after its positive CVA vote result?
As 95% of its creditors vote BHS’s CVA through, what steps must Darren Topp take next to ensure success for the retailer?
-
NewsKingfisher profits fall as Screwfix sales jump: what the analysts say
Kingfisher full-year profits fell 20.5% but like-for-like sales rose for B&Q and Screwfix. Here’s a look at what the analysts said.
-
NewsBHS survives as 95% of creditors vote in favour of pivotal CVA
BHS has been given the green light to proceed with a CVA after 95% of creditors voted in favour of the proposals at the first of two crucial meetings.
-
NewsSports Direct admits full-year profits will be near bottom of target range
Sports Direct has clarified its full-year profits are expected to be at the bottom of its target range, after comments by boss Mike Ashley.
-
NewsGame half-year profits tumble 32% as UK market remains "challenging"
Game has posted a 32.2% drop in half-year pre-tax profits and fall in sales as it continues to be hit by a “challenging” UK market.
-
NewsKingfisher full-year profits slide but B&Q and Screwfix sales up
Kingfisher has reported a 20.5% fall in full-year pre-tax profits but boss Véronique Laury said its turnaround has made “solid progress”.
-
NewsBHS to learn its fate today as landlords and creditors vote on CVA
BHS will today find out if its proposed CVA application to reduce rents on more than half of its stores has been approved by landlords.
-
AnalysisProfile: Pets at Home's new chief executive, Ian Kellett
Pets at Home unveiled an unexpected top-level reshuffle on Monday, revealing that Ian Kellett will replace Nick Wood as chief executive.
-
NewsSports Direct's share price tumbles as MPs launch fresh attack on Ashley
Sports Direct’s share price has nosedived today after founder Mike Ashley admitted the embattled retailer is “in trouble”.
-
NewsDarty boss Schultz welcomes interest from Fnac and Steinhoff's Conforama
Darty boss Regis Schultz has welcomed takeover interest in the retailer and insisted the French electricals market needs to be consolidated.
-
NewsMajestic Wine-owned Naked Wines toasts its first £100m sales year
Majestic Wine-owned etailer Naked Wines has smashed through the £100m annual sales barrier for the first time in its history.
-
AnalysisAnalysis: The top 10 fastest-growing retailers in the UK in 2016
Our list of the fastest-growing retailers in the UK highlights businesses that are not only increasing the scale of their operations, but are also doing so profitably.
-
OpinionOpinion: Sainsbury’s Coupe’s cool-headed style bodes well for Argos deal
Sainsbury’s chief executive Mike Coupe has shown a calmness amid turbulent conditions that augurs well for the grocer’s takeover of Argos.
-
DataData: Retail share price index – March 18, 2016
March 18, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
-
NewsSainsbury's Coupe: Argos acquisition could spark more grocery 'alliances'
Sainsbury’s boss Mike Coupe believes the potential acquisition of Argos could drive more grocers to seek “alliances” with fellow retailers.