All City & finance articles – Page 3
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NewsThe Works expects profits to beat expectations following ‘outperformance’
Books, arts and crafts, and toys retailer The Works has reported that full-year profits will be higher than anticipated as its growth strategy bears fruit.
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AnalysisM&S boss Machin on ‘preposterous’ price cap proposal, Middle East impact and coming back from cyber attack
Despite disruption from cybercrime and now conflict in the Middle East, Marks & Spencer chief executive Stuart Machin believes the business has “come out stronger” as he posted full-year results
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NewsTopps Tiles ‘a market outperformer’ despite falling profits
Topps Tiles chief executive Alex Jensen said the retailer “remains a market outperformer”, despite reporting a slump in pre-tax profits.
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NewsDr Martens hails turnaround strategy as it returns to profit growth
Footwear retailer Dr Martens has returned to profit growth, with chief executive Ije Nwokorie hailing the business’s progress to “a consumer-first operating model”.
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NewsCurrys upgrades profits and gives update on search for new chief executive
Currys has upgraded its full-year profit guidance and said that its search for a new chief executive to replace outgoing Alex Baldock is “progressing well”.
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InterviewWHSmith UK boss Andrew Harrison on piloting the business through turbulence
Retail Week hears from WHSmith UK boss Andrew Harrison – the man tasked with guiding the business through one of the most turbulent periods in its history.
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NewsBurberry returns to profit driven by a strong fourth quarter
Luxury fashion group Burberry has seen a return to full-year profit as the fourth quarter drove strong sales across most markets.
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NewsLandsec sees retail occupancy reach 20-year high as it expects future ‘healthy’ income growth
Property giant Landsec has said it expects a “healthy” like-for-like income growth in the future as retail occupancy hits a 20-year high.
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NewsModa in Pelle served winding-up petition over unpaid debts
Troubled footwear retailer Moda in Pelle has been served with a winding-up petition related to unpaid debts following reports that the company was reviewing its financial position, Retail Week has learned.
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NewsGousto revenues grow as it delivers third consecutive year of profitability
Recipe box retailer Gousto has reported its third consecutive year of profitability, with EBITDA and sales both growing.
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InterviewGreggs CEO Roisin Currie on prices, first international store and youth employment
After Greggs today announced it was packing its bags for Tenerife for the first time, its chief executive also discussed the ongoing Middle East conflict, price rises, and youth employment.
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NewsBrandAlley explores potential sale of the business
Members-only ecommerce platform BrandAlley is exploring its strategic options, which could result in a sale of the business.
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NewsWickes sees like-for-like retail revenue soften despite volume growth
The DIY retailer said like-for-like group revenue was broadly flat at £537m, down -0.1%, in the 17 weeks to April 25, 2026 against the same period last year.
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NewsSun, sea and sausage rolls as Greggs opens first travel store outside UK
The British baker is set to open a branch in Tenerife South Airport in partnership with Lagardère Travel Retail.
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NewsShoe Zone cuts profit forecast following fallout from Middle East tensions
Shoe Zone has posted a first half loss and abandoned its profit target, blaming weak consumer confidence, rising shipping costs and the fallout from Middle East tensions.
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NewsConsumer confidence sees biggest quarterly fall since summer 2022
The PwC consumer sentiment survey showed that confidence has now hit its lowest level since autumn 2023.
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NewsTGJones could collapse into insolvency by summer
Modella Capital has told creditors to back its restructuring proposals or risk the business collapsing into insolvency by the end of July, according to restructuring plans seen by Retail Week.
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AnalysisTGJones’ restructuring plan reveals a business’ desperate fight for survival
Retail Week has seen the restructuring plan put forward to creditors and landlords by TGJones owner Modella Capital. The details make for grim reading.
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Opinion‘Almost no one thinks about how to invest in retail’
Private equity is looking elsewhere, and many investors show no interest in small and mid-sized retailers, but True co-founder Matt Truman sees opportunity in the industry
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AnalysisIs fashion underestimating its exposure to the Middle East conflict?
The ongoing conflict in the Middle East is creating turbulence across the fashion industry, with Next warning the troubles would cost the business three times more than what it had previously estimated.