All City & finance articles – Page 358
-
NewsBreakfast briefing: Retail news on Tesco, Ikea and Virgin Wines
Retail news round-up on December 18, 2014: Tesco’s accounting black hole may be bigger than feared, Ikea customer anger over delivery delays, Virgin Wines offers locker collection service
-
NewsChristmas success rides on final days after shopping patterns skewed
Retailers are banking on a last-minute shopper rush for seasonal success after Black Friday disrupted shopping patterns in the golden quarter.
-
NewsApple suspends online trading in Russia amid financial concerns
US technology giant Apple has suspended trading online in Russia amid the ongoing chaos over the country’s financial situation.
-
AnalysisDixons Carphone's first half results: What the analysts say
Dixons Carphone said pre-tax profit soared 30% in its first half since its merger. Here’s what the analysts thought about the results.
-
NewsDixons Carphone profits up 30% as merger integration exceeds expectations
Dixons Carphone’s profits before tax surged 30% in the first half and integration following the merger is one year ahead of schedule.
-
NewsJigsaw full-year sales and profits up despite 'challenging' market
Fashion retailer Jigsaw has reported a rise in sales and profits amid “challenging retail conditions” in the year to September 27.
-
NewsBreakfast briefing: Retail news on inflation, the Co-op Bank and Scotland
Retail news round-up on December 17, 2014: UK inflation decelerates in November, the Co-op Bank fails stress test, and sales in Scotland fall.
-
OpinionComment: Carpetright’s new boss Wilf Walsh is a nice fit
When Wilf Walsh was appointed chief executive of Carpetright a few eyebrows were raised but things are looking up under his watch.
-
NewsMySale profit warning to hit Mike Ashley and Sir Philip Green
Retail tycoons Mike Ashley and Sir Philip Green are facing paper losses after shares in etailer MySale, in which they are investors, slumped following a profit warning.
-
NewsPetSmart sold to private equity firm BC Partners in £5.6bn deal
PetSmart has been sold to a consortium led by European private equity firm BC Partners for $8.7bn (£5.6bn).
-
NewsCarpetright profits triple in first half as it halts international sales decline
Carpetright has recorded a tripling of pre-tax profits in its first half as it halts the sharp decline in its European businesses.
-
NewsTesco tasks PwC with auditing stock management as it scraps supplier fees
Tesco has tasked its auditor PricewaterhouseCoopers with scrutinising stock management as it shakes up the sector by scrapping supplier fees.
-
NewsOcado says sales boosted by rivals becoming distracted by discounters
Ocado has said its sales have benefitted from supermarket rivals becoming distracted by competing with the discounters.
-
NewsMoss Bros like-for-like sales increase 7.8% in second half
Mens formalwear specialist Moss Bros has reported that like-for-like sales for the first 19 weeks of its second half rose 7.8%.
-
NewsOcado reports retail sales rise 14.9% in its fourth quarter
Ocado has reported that gross retail sales in its fourth quarter rose 14.9% in the midst of the intensely competitive grocery market.
-
NewsSports Direct profits up 9.8% despite England's early World Cup exit
Sports Direct has reported solid interim results despite England’s early exit from the World Cup and the mild autumn hitting footfall.
-
NewsSuperGroup reports challenging first half as profits fall 31%
SuperGroup has reported a challenging first half with underlying profits falling 31%, hit by the warm autumn weather across Europe.
-
NewsN Brown prepares for fierce Christmas trading amid 'volatile' environment
N Brown is gearing up for fierce Christmas trading in a volatile consumer environment as it seeks to recover from a tough third quarter.
-
NewsN Brown reports improving sales in October and November
N Brown has reported improved trading for October and November, following the unseasonably warm weather in September.
-
OpinionComment: Tesco's clean-up is necessary, but will investors stick with it?
Tesco chief executive Dave Lewis can’t put a timeframe on the turnaround of the grocer. And it’s probably just as well.