All City & finance articles – Page 314
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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).
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NewsGear4music revenues surge 43% as it records maiden interim results
Musical instruments retailer Gear4music has reported a 43% surge in first-half revenues in its maiden results since floating.
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NewsNext third-quarter sales rise: What the analysts say
Next edged up its full-year profit guidance after third quarter like-for-likes increased 6%. This is what the analysts had to say.
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NewsBrantano and Jones Bootmaker sold to Alteri for £12m
Brantano and Jones Bootmaker have been sold to Alteri Investors for €17m (£12m) by Dutch parent company Macintosh.
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NewsNext confident on profits after 6% rise in third-quarter like-for-likes
Next has edged up its full-year profit guidance after like-for-like sales increased 6% during the fashion giant’s third quarter.
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OpinionPerhaps it’s time for Majestic to start selling cheese as well as wine
Wine specialist Majestic has jettisoned its six-bottle purchase rule, one of the first eye-grabbing initiatives under newish boss Rowan Gormley.
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NewsShoe Zone forecasts full-year sales fall after store closures
Shoe Zone said it expects a drop in full-year revenues “reflecting the continued planned closure of loss-making stores”.
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NewsCarpetright UK sales up as brand revamp remains 'on track'
Floorings giant Carpetright has reported UK like-for-likes up 4% in the 25 weeks to October 24 and said its aim to revitalise the brand is “on track”.
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OpinionRetail leaders need new strategies to challenge the competitive market
As the market grows ever more challenging, the retail industry needs more leaders with strategies focused on driving sales.
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NewsJack Wills operating losses widen despite EBITDA growth
Jack Wills has reported a widening in operating losses to £8.78m for the year ending February 1, 2015 despite a 12.8% jump in EBITDA.
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NewsNext week in retail: Next, Shoe Zone and consumer confidence
Retail Week looks ahead to next week, with updates from Next, Shoe Zone plus GfK’s latest consumer confidence index all on the agenda.
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AnalysisWhat we learnt from Debenhams’ full-year results this week
Department store group Debenhams revealed a healthy rise in full-year profits this week, while like-for-likes grew 2.1%.
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NewsSports Direct completes acquisition of Direct Golf for undisclosed amount
Sports Direct has completed the acquisition of Direct Golf from owner and founder John Andrew for an undisclosed sum.