All City & finance articles – Page 308
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AnalysisPoundland reports 26% dive in first-half profits: What the analysts say
Pre-tax profits plunged 26% at Poundland. The value retailer blamed higher costs and currency issues. This is what the analyst said.
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NewsTed Baker sales jump 20.5% despite tough international markets
Ted Baker has reported a 20.5% jump in third-quarter group sales despite “challenging” conditions in some international markets.
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NewsMothercare half-year pre-tax profits more than double
Mothercare has reported a more than doubling of half-year pre-tax profits as its turnaround plan begins to have impact.
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NewsPoundland first-half profits drop 26% but total sales rise
Poundland has blamed higher costs and currency movements for the 26% dive in its underlying half-year profits.
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NewsFurniture specialist ScS trading "in line with expectations"
ScS chairman Alan Smith will report trading “in line with expectations” at the furniture retailer’s Annual General Meeting, to be held later today.
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AnalysisB&M half-year revenues and profits surge: What the analysts say
B&M has recorded strong sales and profit growth in its second half as its rate of store expansion hits record levels. Here is what the analysts say.
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NewsAsda's third-quarter like-for-likes slump 4.5% amid 'challenging' period
Asda has reported a 4.5% slump in like-for-likes during its third quarter but boss Andy Clarke insists it has the right plan to recover sales.
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VideoShort Cuts: How Rowan Gormley plans to put the fizz back into Majestic Wine
Majestic Wine boss Rowan Gormley has unveiled a three-year strategy. In 60 seconds, we explain how he plans to turn the retailer around.
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OpinionAldi and Lidl’s record market share may signal more upheaval in grocery
The shake-up of food retail shows no sign of abating as the two biggest discounters reach a combined market share of 10%.
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NewsUrban Outfitters buys Italian restaurant chain as it taps into casual dining
Urban Outfitters is buying an Italian restaurant chain as it seeks to tap into the rapidly expanding casual dining market.
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NewsB&M half-year profits and revenues surge as store openings hit record levels
B&M’s half-year profits and revenues have surged on the back of a record level of store openings as the value retailer snaps up the shops of more established retailers.
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NewsThe Range records surge in full-year pre-tax profits and sales
Discount homewares retailer The Range has recorded a surge in pre-tax profits for the year on the back of strong sales growth.
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NewsBooths profits slump as sales fall amid 'tough retail environment'
Booths has reported a 58.6% slump in full-year pre-tax profits following a turn down in sales amid the “tough retail environment”.
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NewsMajestic Wine half-year profits fall as it unveils three-year turnaround plan
Majestic Wine’s pre-tax profits dropped 50% to £4.3m for the half year driven by a series of charges following its acquisition of Naked Wines.
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VideoThe Retail Week: John Lewis' Europe tie-up, Halfords and Sainsbury's
Catch up on this week’s big retail stories with analysis from Retail Week news editor James Wilmore and stores editor John Ryan
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NewsHalfords boss eyes up to 50 Cycle Republic stores
Halfords boss Jill McDonald says she sees potential for up to 50 of its upmarket Cycle Republic stores as the chain is “resonating well”.
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AnalysisHalfords half-year trading slip: What the analysts say
Halfords reported a 5.9% slump in first-half profits after a poor performance from its cycling arm. Here we round up the analyst reaction:
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NewsZalando third-quarter sales soar but rising costs hamper earnings
Online fashion retailer Zalando has revealed its third-quarter sales soared 42% but pre-tax losses widened because of rising costs.
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NewsBurberry profits up despite flat revenues after crackdown on discretionary spend
Burberry has increased profits despite flat revenues in its first half after a reduction in performance-related pay and a crackdown on discretionary spend.
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NewsYoox Net-a-Porter reveals additional cost savings and jump in revenues and profits
Yoox Net-a-Porter has reported its merger is progressing “very well” as it increases its cost savings targets and reveals a jump in revenue and profits for the first nine months of 2015.