All City & finance articles – Page 3
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NewsB&M share price tanks as UK sales decline sets back turnaround efforts
B&M shares have tanked off the back of an announcement that UK like-for-like sales declined in the first quarter of the year.
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NewsFrasers Group forces way into Harvey Nichols auction
Frasers Group has muscled into the ongoing auction for department store chain Harvey Nichols, despite pushback from a number of luxury brand owners.
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NewsDebenhams boss hails ‘continued positive trading’ ahead of AGM
Debenhams Group boss Dan Finley has said he is “pleased with continued positive trading” through June and July, ahead of the retailer’s AGM today.
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NewsWatches of Switzerland shrugs off US tariffs as profits soar
Watches of Switzerland has delivered soaring profits and revenues despite having to navigate US tariffs and “continued pressures” on UK consumers.
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NewsSosandar swings back to profit as multichannel approach pays off
Sosandar has credited its focus on full-price shopping and becoming a multichannel retailer with a return to pre-tax profitability.
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Opinion‘IPOs would show there’s more going on in retail than doom and gloom’
Superdrug owner AS Watson, books specialist Waterstones, and furniture retailer Dusk are among those looking at floating in London, where their presence would be a welcome boost, says George MacDonald
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NewsAmazon aims to raise $25bn through bond sale for AI push
Amazon is looking to raise $25bn through a US bond sale as the retail giant looks to fund further investments in AI, according to reports.
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NewsEG On the Move strikes deal to buy petrol stations
The business owned by former Asda owner Zuber Issa has struck a deal to buy 85 former Prax petrol stations.
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AnalysisWhy Ocado has chosen now to settle its CEO succession plans
After nearly two weeks of gathering speculation and reports of an increasingly bitter boardroom battle, Ocado has today laid out its succession plans for chief executive Tim Steiner.
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NewsDusk taps banks as it prepares for £300m London listing
Pureplay furniture retailer Dusk has hired investment banks as it prepares for a £300m listing on the London Stock Exchange.
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NewsSuperdrug delivers ‘robust growth’ as profits and sales rise
Superdrug has hailed its resilience on the UK high street after delivering “robust growth” across stores and online channels despite economic uncertainty.
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NewsOcado sets out Steiner succession plans
Ocado has set out plans for what it called the “next phase of its long-term leadership transition” following weeks of media speculation over the future of chief executive Tim Steiner.
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NewsGymshark founder in talks to buy back stake sold to private equity firm
Gymshark founder Ben Francis is in discussions with private equity firm General Atlantic about buying back its stake in the sportswear brand
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NewsClarks targets 15 to 20 new European store openings this year
Footwear specialist Clarks is targeting 15-20 new European store openings this year as it ramps up its retail and wholesale growth plans.
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Opinion‘TGJones will stand or fall on whether it can articulate an obvious purpose for shoppers’
A court go-ahead for the restructuring of TGJones can only be the start of what’s needed to restore its fortunes, observes George MacDonald
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InterviewQ&A: John Lewis Money boss on how financial services reinforces the retail proposition
As the John Lewis Partnership builds up its financial services business, John Lewis Money chief executive James Mack explains the integral role it plays in retail success such as by boosting sales and loyalty.
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NewsCurrys profits up 18% in Baldock’s last results as CEO
Group revenue at Currys in the year ending May 2, 2026, was £9.3bn, up 6% year-on-year or 4% up on a like-for-like basis
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NewsHarvey Nichols owner looks for rapid sale - reports
Financial advisers to department store chain Harvey Nichols have told potential bidders they have two weeks to submit an offer.
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NewsGreggs CFO to stand down after over 20 years
Greggs has today announced that its long-term chief financial officer has decided to leave the food-to-go retailer after 28 years.
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NewsTGJones restructuring plan waved through by court
Embattled high street retailer TGJones’ restructuring plan has been approved by the High Court, allowing the brand to push forward with its turnaround plan.