All City & finance articles – Page 356
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NewsTesco downgraded to junk status by credit ratings agency
Credit ratings agency Moody’s has downgraded its rating on Tesco, forecasting the grocer will continue to be rocked by a competitive market.
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NewsDick's Sporting Goods rumoured to be in talks to go private
US retailer Dick’s Sporting Goods is reportedly holding early-stage conversations with a number of buyout firms about going private.
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NewsSignet’s UK division is Christmas star as like-for-likes climb
Anglo-American jewellery retail giant Signet has reported an “outstanding” Christmas at its UK division, which includes H Samuel.
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NewsStrong start for Dreams and Oak Furniture Land in January Sales
Furniture retailers’ January Sales have got off to an encouraging start as they carry the momentum they built up last year into 2015.
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NewsJaeger posts Christmas sales rise as turnaround makes progress
Fashion retailer Jaeger put in a strong sales performance over the crucial Christmas period as its turnaround strategy bore fruit.
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NewsBreakfast briefing: Retail news on Morrisons, Signet and Irish sales
Retail news round-up on January 9, 2015: Morrisons to sponsor Great North Run, Signet posts Christmas sales rise, Irish retail sales edge up in November.
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AnalysisAnalysis: How Tesco boss Dave Lewis plans to turn around the business
This morning Dave Lewis posted Tesco’s Christmas trading and unveiled some first steps towards turning around the troubled giant.
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AnalysisVideo: Takeaways from Marks & Spencer's Christmas trading update
Following Marks & Spencer’s Christmas update, Retail Week executive editor George MacDonald assesses the bellwether retailer’s performance.
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NewsN Brown chief financial officer Dean Moore to step down
N Brown has revealed that chief financial officer Dean Moore will step down from his role after 11 years to pursue other interests.
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NewsComment: Dave Lewis will take decisive action at Tesco
You would be hard pressed to think of a retailer that had focused on cost as much as market leader Tesco, says Steve Dresser.
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NewsUSC prepares to shutter stores as it falls into administration
Young fashion retailer USC is planning to close around a third of its stores as it enters administration, putting hundreds of jobs at risk.
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NewsM&S boss Bolland: no turning back from Black Friday
Black Friday is here to stay and retailers must get used to it, Marks & Spencer boss Marc Bolland believes.
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NewsTed Baker reports strong Christmas after remaining steadfast on price
Premium fashion brand Ted Baker has reported retail sales up 22.8% in the 8 weeks to January 3 after avoiding promotions before Christmas.
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NewsMarks & Spencer sales hit by warm autumn and online delivery woes
Marks & Spencer has delivered a poor Christmas trading performance after the warm autumn and fulfilment troubles hit womenswear sales.
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NewsTesco unveils improved trading and hires Matt Davies as UK boss
Tesco has improved performance over Christmas, unveiled the appointment of Halfords boss Matt Davies and is to close its Cheshunt headquarters.
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NewsThe Entertainer's Christmas sales jump as use of click-and-collect surges
The Entertainer has recorded a jump in Christmas sales on the back of strong online growth as shoppers turned to its click-and-collect service.
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OpinionComment: Expect more retail deals and private equity investment in 2015
Following the onslaught of retail IPOs throughout 2014, what are some investment trends and deals that could develop in the year ahead?
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NewsBoux Avenue the Christmas star as sales rise at Paphitis-owned retailers
Boux Avenue was the star performer of entrepreneur Theo Paphitis’ retail group over Christmas but all his businesses recorded like-for-like increases.
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NewsFoyles and Waterstones reap rewards of print resurgence as online slows
Booksellers Foyles and Waterstones have both recorded bumper Christmas sales of print books as online trading growth slows.
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NewsBoohoo.com issues profit warning after heavy discounting on high street
Boohoo.com has issued a profit warning after investing in a marketing push that failed to pay off due to heavy promotional activity on the UK high street.