All City & finance articles – Page 322
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OpinionAs the economy improves, retailers need to make hay while the sun shines
In a world where one of the largest economies suffers a massive stock market plunge, you could be forgiven for thinking you’d woken up in 2008.
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NewsDFS records 'strong' second half as COO Jon Massey leaves after 27 years
DFS has revealed it had a “strong” second half of trading as chief operating officer Jon Massey steps down after 27 years at the retailer.
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NewsAo.com reports 6.5% rise in first-quarter sales: What the analysts say
Ao.com today revealed a 6.5% rise in first-quarter sales and said July trading has been buoyed by the housing market. Here’s what the analysts say.
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NewsAo.com boosted by housing market in July after 'muted' first quarter
Ao.com has reported a strong start to trading in July as the housing market picks up after a “muted” first quarter for the etailer.
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AnalysisProfile: Marks & Spencer's new director of food Andy Adcock
After six years at Marks & Spencer, Andy Adcock has been promoted to one of the retailer’s highest profile positions.
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NewsDevin Wenig takes on eBay top job as PayPal is spun-off
Devin Wenig becomes the chief executive of eBay today as the online marketplace separates from its PayPal business.
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AnalysisMarks & Spencer: The internal candidates who might succeed Marc Bolland
M&S boss Marc Bolland does not appear to be considering exiting soon, but the departure of John Dixon has made succession a talking point.
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NewsUS grocery retailer A&P files for bankruptcy and plans to sells stores
US grocery chain Great Atlantic & Pacific Tea, better known as A&P, has filed for bankruptcy protection, according to reports.
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NewsMade.com raises £38m and appoints Susanne Given to board
Made.com has raised $60m (£38m) to accelerate European expansion and appointed former SuperGroup executive Susanne Given to its board.
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NewsFerrero extends offer deadline to remaining Thorntons shareholders
Ferrero has extended the deadline for Thorntons’ remaining shareholders to accept its offer for a second time as the Italian chocolate maker bids to take full control of the UK firm.
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VideoThe Retail Week: CMA pricing report, Apple Pay and Matalan's bath venture
Executive editor George MacDonald and reporter Luke Tugby give their insights into the week’s biggest retail stories.
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NewsSports Direct 'confident' over future deals despite House of Fraser miss
Sports Direct’s boss Dave Forsey has said the group is still active in the acquisitions market despite missing out on deals in the last year.
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AnalysisDixons Carphone pre-tax profits rise 21%: What the analysts say
Dixons Carphone delivered “excellent” performance in its first full year as a merged business as sales and profits rose. This is what the analysts said.
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NewsSports Direct reports profits rise but cuts bonus scheme EBITDA target
Sports Direct underlying pre-tax profit surged 20.5% to £300.3m in its full year to April 2 but it has cut its bonus scheme EBITDA target.
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AnalysisHalfords first-quarter update: What the analysts say
Like-for-likes at Halfords notched up 3.5% for the first quarter, helped by sales of premium bikes. Here is what the analysts say.
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NewsHalfords' first-quarter revenues boosted by premium bike sales
Halfords has reported a 3.5% rise in first-quarter group like-for-likes driven by sales of premium bikes and its cycle repair services.
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NewsBurberry posts retail sales rise, but warns of 'challenging' luxury market
Burberry has reported underlying retail sales rose 8% to £407m during its first quarter, but warned the trading environment “remains challenging”.
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VideoWatch: Did retail sales rise or fall in June? Why BRC and BDO’s figures differ
Your questions answered on why there are contrasting reports from the BRC and BDO on June’s retail sales reports.
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NewsMatalan calls time on Sporting Pro as Dave Whelan circles stores
Matalan is scrapping its sports fascia Sporting Pro and is in advanced talks to sell some of the stores to Dave Whelan’s DW Sports.
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NewsComment: Might Barclays come knocking on the door of Tesco’s Benny Higgins?
Following the ousting of Barclays boss Antony Jenkins, people-watchers believe Tesco’s Benny Higgins may feature on the bank’s list of replacements.