All City & finance articles – Page 304
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NewsBolland hands M&S baton to Steve Rowe: What the analysts say
Following a “disappointing” Christmas in its general merchandise division, M&S boss Marc Bolland is to exit. This is what the analysts said.
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NewsPoundland sales rise dampened by quieter high street over Christmas
Poundland’s full-year profits will come in at the lower end of consensus after decreased high street footfall dampened its Christmas sales.
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NewsRowe named M&S boss as Bolland departs following clothing sales fall
Marks & Spencer boss Marc Bolland is quitting the retailer and will and hand the baton to executive director of general merchandise Steve Rowe.
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OpinionOpinion: Consumer focus will mark out retail winners in 2016
While the golden quarter may have disappointed, 2016 is a new opportunity for retail to return to growth by focusing on consumer experience.
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NewsMamas & Papas reports rise in Christmas sales as turnaround continues
Maternity retailer Mamas & Papas has revealed a strong Christmas performance as its management presses on with a turnaround of the business.
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NewsBreakfast briefing: Retail news on Home Retail share trading and Next
Retail news round-up on January 6, 2016: City regulator to probe Home Retail share trading, Dunnes Stores parts way with auditor E&Y and Next's Israel plans.
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NewsShop prices tumble as fashion retailers go on discount frenzy in December
Prices in British stores continued to fall in December, as retailers resorted to aggressive discounting in order to woo customers.
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AnalysisAnalysis: Sainsbury's bid interest in Home Retail - the key questions answered
Sainsbury’s revealed today it approached Home Retail about a takeover in November. The approach was rejected but the grocer may still try again.
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NewsWaterstones shrugs off high street gloom with Christmas sales rise
Waterstones recorded growth across all categories in the festive season, thanks to more books “under the Christmas tree” this year.
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AnalysisAnalysis: Next's disappointing Christmas sales update prompts fears
Alarm bells rang across the sector today when fashion bellwether Next reported a dramatically worse than expected Christmas trading period.
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AnalysisNext’s Christmas trading disappoints: What the analysts say
Next has been hit by mild weather and stock issues with sales up 0.4% in the two weeks to Christmas Eve. Here is what the analysts say.
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OpinionOpinion: Sports Direct made headlines, but JD Sports was the winner in 2015
The new year has started like the old one ended, as controversial sports retailer Sports Direct continues to hit the headlines.
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NewsJaeger’s private equity parent Better Capital pulls plug on sale
Better Capital, the private equity owner of Jaeger, has abandoned plans to sell the retailer after offers failed to match expectations.
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NewsSports Direct boss Ashley vows to be ‘best retail employer after John Lewis’
Sports Direct tycoon Mike Ashley has pledged to make the retailer a great employer after criticism of its alleged employment practices.
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NewsCompetition and Markets Authority to investigate sale of Sainsbury’s pharmacies
The Competition and Markets Authority (CMA) has referred Celesio’s planned acquisition of Sainsbury’s pharmacy business for detailed scrutiny.
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NewsTesco's largest investor sells 27m shares to take holding below 6%
Tesco’s biggest investor, Government Pension Fund Global, has sold off a large chunk of its stake in the embattled supermarket giant.
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NewsGame warns on profits as customers shelve switch to newer consoles
Game has issued a profit warning following a “faster than expected decline” for old format content and a “slower” switch to new consoles.
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NewsWave of insolvencies predicted as retailers face perfect storm
A “perfect storm” of high discounting and a lacklustre golden quarter could cause multiple insolvencies in the new year, experts have warned.
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NewsEx-Morrisons chairman Sir Ken Morrison builds £6m stake in Sainsbury's
Former Morrisons chairman Sir Ken Morrison has built up a £6m stake in the supermarket giant’s big four rival Sainsbury’s, it has emerged.
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NewsFashion retailer Joules eyes IPO as it hires Rothschild to explore options
Fashion brand Joules is said to be the latest retailer to consider an IPO after it hired Rothschild to explore options.