All City & finance articles – Page 328
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NewsPets at Home’s biggest shareholder to sell nearly half its stake
Pets at Home’s largest investor Kohlberg Kravis Roberts is to halve its stake in the business by selling 21.6% of the retailer’s shares.
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NewsNew Look to refinance debt to reduce interest costs
New Look is seeking to refinance £1bn of debt to reduce interest costs ahead of its acquisition by South African investment house Brait.
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OpinionAnalysis: Boots restructuring – the reasons behind the job losses
Boots today became the latest business giant to reveal plans to cut jobs as it aims to tackle the shifting retail environment.
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NewsMorrisons boss slashes prices of 200 everyday products
New Morrisons chief executive David Potts is to slash the price of 200 everyday products including bread, milk and butter.
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NewsBHS documents reveal full extent of decline as losses widen
The full extent of BHS’ decline has been laid bare in Companies House documents that show losses widened in its year to August 30.
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NewsSir Ken backs new Morrisons board amid shareholder revolt over pay
Sir Ken Morrison has given his seal of approval to the grocer’s new management team amid a shareholder revolt over Dalton Philip’s £3m payout.
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NewsPets at Home boss commits to staff investment despite growing wage bill
Pets at Home boss Nick Wood has vowed to continue investing in staff, despite seeing workforce costs rise around 13% in its last financial year
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NewsInfographic: Waitrose plant sales blossom after Chelsea Flower show
Waitrose has reported a welcome sales bump following the Chelsea Flower Show as sales of plants rocketed at the supermarket last week.
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VideoThe Retail Week: Dixons Carphone, Mike Ashley's Mega Value and Matalan
News editor James Wilmore and executive editor George MacDonald discuss the top stories from the past seven days.
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NewsPinterest introduces transactional capabilities with 'buyable pins'
Pinterest is launching ‘buyable pins’ that will enable retailers to sell products on the social media platform at no extra charge.
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NewsSports Direct appoints 'acting' chief financial officer after 18-month gap
Sports Direct has finally appointed a chief financial officer after a year and a half, but the position is only an acting role.
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NewsB&M enters FTSE 250, as Morrisons retains FTSE 100 listing
B&M enters FTSE 250 after private equity firm Clayton, Dubilier & Rice reduced its shareholding earlier this year.
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NewsPets at Home’s vet and grooming services pay off as profits jump 40%
Pets at Home’s pre-tax profits hit £87m as the retailer continues to develop its pets services and merchandise model.
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AnalysisAnalysis: Are shoppers choosing to spend on leisure rather than retail?
The economic outlook may be improving and consumers are finding themselves with more disposable income, but is retail losing out to leisure?
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OpinionComment: Dixons Carphone runs rings around the competition
In a fairly flat electricals market, how has Dixons Carphone been able to hoover up so much market share?
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OpinionComment: Dixons Carphone is coming good on its sky-high ambition
A year ago, Seb James and Sir Charles Dunstone unveiled details of the proposed merger of electricals giant Dixons and Carphone Warehouse.
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AnalysisDixons Carphone reveals 'blockbuster' fourth quarter: What the analysts say
Dixons Carphone has smashed analysts’ forecasts as sales surge across the UK and the wider group. Here is what the analysts say.
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NewsDixons Carphone ends year strongly as it commits to further investment
Dixons Carphone like-for-likes surged in the fourth quarter well ahead of expectations and has paved the way for the retailer to invest when “the sun is shining”.
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NewsWHSmith high street sales fall but travel performance on the up
WHSmith’s high street sales continued to decline but the retailer’s travel business reported improved growth in the first quarter.
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NewsNew Look boss on its tactics to win the fashion fulfilment battle
New Look is upping its investment in multichannel fulfilment as it aims to win the convenience war in the fashion sector.