All City & finance articles – Page 310
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NewsMarks & Spencer half-year update: What the analysts say
M&S reported a 6.1% jump in underlying pre-tax profit during its first half, but non-food sales slipped. This is what the analysts said.
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NewsMarks & Spencer half-year profits rise but non-food sales slip again
Marks & Spencer has reported a 6.1% jump in underlying profit during its first half, but sales slipped again in its troubled non-food division.
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News‘Black Friday in the UK is pointless,’ says Primark boss George Weston
Primark will run Black Friday promotions in the US but boss George Weston believes taking part in the event in the UK is pointless.
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OpinionABF shows no fear that its Primark expansion model has turned cannibal
Is the well-oiled value fashion machine that is Primark showing signs that the engine needs a little fine-tuning?
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AnalysisPrimark full-year sales and profits edge up: What the analysts say
Primark’s like-for-likes increased 1% and adjusted operating profits edged up 2% for the year. This is what the analysts had to say.
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NewsSelfridges Group acquires Irish department store rival Arnotts
Department store business Selfridges has acquired Irish rival Arnotts from owner Fitzwilliam Finance Partners for an undisclosed sum.
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VideoShort Cuts: Why retailers must step up the fight for business rates reform
In the next five years retailers will incur £14bn of costs as a result of Government policy. In 60 seconds, we explain the push for reform.
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VideoMy Local boss Mike Greene on how the retailer will set the agenda in convenience
My Local boss Mike Greene insists the newly-launched retailer can compete with its convenience store rivals, despite Morrisons struggles in the sector.
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NewsPaperchase secures £50m deal to drive domestic and international growth
Investment to drive Paperchase’s domestic and international growth comes just months after the owner rules out selling the retailer.
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NewsSelfridges posts record profits as it embarks on Oxford Street investment
Department store business Selfridges has posted record annual profits and expects continued strong performance as it overhauls its flagship store.
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NewsHarrods pre-tax profits up 4.2% despite "tough conditions"
Luxury department store Harrods has reported a 4.2% rise in full-year pre-tax profits despite “tough trading conditions” in which sales fell.
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NewsNext week in retail: M&S, Morrisons and Supergroup results
Retail Week looks ahead to the next seven days, with updates from Marks & Spencer, Morrisons and Supergroup all on the agenda.
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AnalysisPets at Home first-half sales below expectations: What the analysts say
Pets at Home experienced “weaker than expected” sales during its first half after seasonal challenges. This is what the analysts had to say.
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NewsChinese footwear firm C.banner agrees to buy Hamleys for £100m
Chinese footwear business C.banner Holdings has agreed to buy toy retailer Hamleys from French owner Groupe Ludendo for £100m.
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NewsPets at Home like-for-likes edge up 1.8% after seasonal trading challenges
Pets at Home like-for-likes have edged up 1.8% in its first half as the retailer experienced “weaker than expected” trading.
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NewsToys R Us profits rocket after four consecutive years of UK decline
Toys R Us has more than trebled its full-year pre-tax profits in the UK, putting an end to a run of four consecutive years of falling profits.
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NewsGo Outdoors doubles pre-tax profits after 'significant' online growth
Go Outdoors has doubled annual profits and recorded “significant growth” in home deliveries and in-store collections of online orders.
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NewsWoolworths warns first-half profits could fall up to 35%
Australian grocer Woolworths has issued its third profit warning of the year as its feels the pressures from rivals Coles and Aldi.
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InterviewSports Direct boss Forsey vows to tackle retailer's tarnished reputation
In a Retail Week video exclusive Sports Direct boss Dave Forsey talks about the need for it to do a better PR job and its future strategy.
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NewsWalgreens Boots Alliance agrees to acquire rival Rite Aid for £11.2bn
Walgreens Boots Alliance has agreed a deal to acquire US pharmacy rival Rite Aid in an all-cash deal worth $17.2bn (£11.2bn).