All City & finance articles – Page 335
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NewsPets at Home like-for-likes and revenues jump after focus on health
Pets at Home saw like-for-like sales jump 4.2% in its first year since floating on the stock exchange, driven by a focus on health and wellbeing.
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NewsAlibaba fined £86,450 for Single’s Day 2013 pricing issues
Alibaba has been fined 800,000 yuan (£86,450) over pricing issues during the etail giant’s Single’s Day promotional event
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NewsBenetton Group doubles compensation to victims of Rana Plaza disaster
The Benetton Group revealed it has doubled the compensation it has paid after it contributed $1.1m to the Rana Plaza Trust Fund.
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NewsThe Hut Group unveils full-year earnings up 50% as sales surge
The Hut Group has revealed record-breaking sales and profits as it invests in technology ahead of more website launches.
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NewsNew Look in talks with Chinese investors as it eyes sale over flotation
New Look has entered talks with Chinese investors as it leans towards a sale rather than a stock market flotation.
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NewsTesco expected to unveil £5bn loss as property writedown hits home
Tesco is expected to unveil a loss of up to £5bn, the worst results in its history, on Wednesday at its full-year results.
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NewsCoast boss takes back creative reins after management restructure
Coast chief executive Kate Bostock will take on more of a creative role following the appointment of managing director Andrew Skinner.
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NewsEtsy shares soar 88% on first day of trading on stock market
Etsy made its stock market debut yesterday, with shares in the online marketplace closing at $30 (£20), an 88% increase on its IPO.
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VideoThe Retail Week: WHSmith results, the grocery market recovery and Tesco
Join our content editor Nicola Harrison and managing editor Jennifer Creevy, as they pick through the week’s main news stories.
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AnalysisDebenhams: Five ways it refocused promotions to boost profits
Debenhams’ refocused promotional strategy has paid off, leading to a 4.3% rise in profits. So how has the department store group changed its ways?
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OpinionComment: Retailers should take heart from the signs of sustainable recovery
Consumers are still on the rocky road to economic stability, but there are signs of a long-term, sustainable recovery on the horizon.
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AnalysisDebenhams half-year figures: What the analysts say
Debenhams’ pre-tax profits rose 4.3% to £88.9m in its half year to February. We take a look at the City’s reaction to the results.
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NewsWHSmith profits up 4% but high street sales continue to slip
WHSmith said group pre-tax profit increased 4% to £73m in its half-year but the retailer’s group sales continued to drop.
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NewsDebenhams half-year profits rise 4.3% as it retunes promotional strategy
Debenhams half-year profits have risen 4.3% to £88.9m as the department store group’s refocused promotional strategy paid off.
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NewsLiberal Democrats commit to reforming business rates in manifesto
The Liberal Democrats have said the party remains committed to reforming business rates if voted into government next month.
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NewsJD Sports profits surge: What the analysts say
JD Sports profits surged 22% during the year on the back of the strong performance at its sports fashion division. This is what the analyst say.
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NewsForget the living wage, Government must tackle welfare issues, says BRC
Retailers have urged MPs to tackle issues such as childcare and benefits to help low earners, rather than focusing on “blunt instruments” such as the living wage.
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NewsJD Sports success driven by health-conscious consumers, says boss Cowgill
JD Sports boss Peter Cowgill said the retailer’s recent success can be attributed to an increase in health-conscious consumers.
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NewsBurberry sales increase driven by EMEIA and Americas operations
Burberry has recorded a jump in retail sales during its second half on the back of robust growth in its EMEIA and Americas markets.
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NewsFormer SuperGroup finance chief’s bankruptcy annulled by courts
SuperGroup’s former chief financial officer Shaun Wills, who left the company after being declared bankrupt, has had the ruling annulled by the courts.