All City & finance articles – Page 308
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NewsSainsbury’s agrees Home Retail asking price ahead of takeover deadline
Sainsbury’s has reached an agreement with Home Retail over the asking price for the business ahead of this evening’s takeover deadline.
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DataData: Retail share price index – January 29, 2016
January 29, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsBargain Booze owner Conviviality posts half-year profits rise
Bargain Booze owner Conviviality’s pre-tax profit before exceptionals edged up 2.8% to £3.3m in its half year, despite a like-for-like decline of 1.3%.
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NewsSainsbury's talks to acquire Home Retail Group stall over valuation
Sainsbury’s hopes of acquiring Argos owner Home Retail Group hang in the balance because the retailers cannot agree a price.
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NewsFindel warns on profits after tough trading and currency woes
Findel has warned that its full-year profits will be lower than expected after a tough third quarter and the impact of currency movements.
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NewsAgenda: Online grocer Ocado to reveal full-year trading figures
Retail Week looks ahead to next week with full-year figures from Ocado and half-year updates from Conviviality and DFS all on the agenda.
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VideoThe Retail Week: Sainsbury's investors, Bargain Booze MD and Tesco GCA
The Retail Week team is joined by Cantor Fitzgerald analyst Mike Dennis to discuss the top stories from across the industry this week.
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NewsStrong dollar and mild weather dent H&M profits in fourth quarter
H&M has revealed a strong dollar and mild weather affected profits but the fashion giant said it would continue its global store expansion.
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NewsHotel Chocolat swings to profit after sales growth and cost controls
Hotel Chocolat has swung to a full-year profit driven by tighter control of costs and sales growth within its stores and online.
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OpinionOpinion: Asda job losses a reminder of difficult decisions facing grocers
In the face of the headwinds in which the UK grocery market has had to operate, Asda has never shirked from taking difficult decisions.
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DataData: Retail share price index – January 22, 2016
January 22, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsSainsbury's set to win Qatari support for last-minute Argos bid
Sainsbury’s is set to gain the support of its largest shareholder, the Qatar Investment Authority, for a renewed bid for Argos.
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NewsDixons Carphone reports better than expected Q3: What the analysts say
Dixons Carphone has revealed full year profits will be slightly ahead of expectations due a stronger than expected third quarter. Here’s what the analysts said.
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NewsCard Factory delivers full-year growth: What the analysts say
New stores and a transactional website helped total full-year sales at Card Factory to jump 8.1% to December 31. Here’s the City’s reaction.
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NewsCarpetright third-quarter like for likes rise 2.4%: What the analysts say
Floor covering specialist Carpetright saw like-for-likes edge up 2.4% in the UK over its third quarter. Here’s what the analysts said.
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OpinionOpinion: Dixons Carphone shows the right spirit both at home and abroad
Once again it was a ‘two-humped camel’-shaped Christmas trading period for electricals and mobile technology specialist Dixons Carphone.
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NewsTesco breaches Groceries Code on supplier payments, says grocery watchdog
Tesco has breached the Groceries Code on payment delays and must introduce “significant changes” to its practices and systems.
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NewsCarpetright like-for-likes rise but margins hit by promotions
Carpetright like-for-likes edged up 2.4% in its third quarter, although promotions are set to impact full-year profit margin.
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NewsPretty Green confident of continued growth as international sales take off
Menswear retailer Pretty Green, launched by Liam Gallagher in 2009, has reported strong online and international sales over Christmas.
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NewsKingfisher unveils plan to boost bottom line by £500m a year
DIY group Kingfisher will unveil plans to investors today on how it will add £500m a year to its bottom line in five years’ time.