All City & finance articles – Page 358
-
AnalysisAnalysis: Has Marks & Spencer at last turned the corner?
Last week’s interims gave grounds for optimism that M&S is getting back on course, but the retailer is not quite there yet.
-
AnalysisInternational news analysis: Alibaba is living up to the hype
Alibaba’s first trading statement since its IPO has created a stir, with the quarter to the end of September surpassing expectation.
-
NewsSainsbury’s to scale back store openings and cut dividend
Sainsbury’s is to scale back its store-opening programme and cut its dividend as it aims to combat falling sales.
-
NewsBreakfast briefing: Retail news on Sainsbury's and Tesco
Retail news round-up on November 10, 2014: Sainsbury’s to scrap store openings programme,Warren Buffett loses $678m on Tesco investment, Tesco surrenders top spot in entertainment sales to Amazon
-
NewsHalfords sees scope for 100 bike shops in towns across UK
Halfords boss Matt Davies said he can see scope to open 100 new small-format Cycle Republic shops in major towns and cities.
-
NewsMike Ashley's Sports Direct places new bet on Debenhams
Mike Ashley’s Sports Direct has disposed of its 4.6% stake in Debenhams but has entered into a put option for a further 6.1% share.
-
OpinionComment: If Morrisons can win shopper loyalty it can win over investors
Morrisons suffered another sharp fall on like-for-like sales at its stores over the past quarter to November 2, when sales fell 6.3%.
-
NewsGo Outdoors reports increase in full-year sales and earnings
Specialist retailer Go Outdoors has reported an increase in sales and earnings after making a range of improvements to the business.
-
NewsHalfords sales and profits rise in first half as retail strategy kicks in
Halfords’ profit before tax and non-recurring items increased 10.8% to £49.4m in the first half as its retail strategy bore fruit.
-
NewsMorrisons 'encouraged by progress' despite 6.3% like-for-like fall
Morrisons’ like-for-likes excluding petrol slumped 6.3% in the 13 weeks to November 2 and total sales excluding fuel were down by 3.6%.
-
AnalysisIn the news: John Lewis’s marketing director Craig Inglis profiled
The man responsible for John Lewis’s Christmas campaign had to fight scepticism of marketing at the department store group.
-
AnalysisInfographic: Marks & Spencer first half results beat expectations
Marks & Spencer posted better than expected first-half results despite unseasonably warm weather taking a toll on sales at its pivotal clothing division.
-
OpinionComment: What do M&S’s results mean for CEO Marc Bolland?
A year ago the Marks & Spencer interims on November 5 were a damp squib, but today the shares have taken off like a rocket.
-
NewsMarks & Spencer's first half results: What the analysts say
Marks & Spencer beat expectations as underlying pre-tax profits rose 2.3% to £268m in its first half. Retail Week takes a look at the City’s reactions.
-
OpinionComment: As profits rise, M&S may at last be moving in the right direction
There’s not much in retail that’s worse than a minus in front of a sales or profit figure but M&S looks as if it’s going the right way.
-
NewsMarks & Spencer first-half results beat expectations
Marks & Spencer has posted better than expected first-half results despite warm autumn weather taking a toll on sales at its pivotal clothing division.
-
OpinionComment: What to expect from Sainsbury’s strategic review
Hot on the heels of Netto’s touchdown again in the UK Sainsbury’s, a joint venture partner of the Danish discounter, will update next week.
-
NewsPrimark reports profits up 30% and sales growth of 17%
Value fashion chain Primark has reported adjusted operating profit up 30% at constant currencies to £662m and a sales increase of 17%.
-
NewsWiggle sales and profits soar following 'fast growth' in Europe
Online cycling retailer Wiggle has recorded a jump in annual sales and profits driven by fast growth across Europe and strong UK performance.
-
NewsSelfridges profits hit record £150m on the back of surging sales
Selfridges has revealed record operating profits on the back of surging sales following rapid growth of its international online business.