All City & finance articles – Page 367
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NewsOcado sales surge in third quarter despite 'competitive' market
Ocado delivered “steady” growth in its third quarter, with group sales up 22.5%, despite the “competitive” market.
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NewsNext profits surge after 'strongest sales growth for many years'
Next’s pre-tax profit surged 19.3% to £324.2m in its first half as it experienced its “strongest sales growth for many years”.
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NewsHome Retail warns of 'inconsistent' recovery as sales edge up
Home Retail Group has warned of an inconsistent recovery as Argos’s like-for-likes edged up and Homebase’s sales remained flat in the second quarter.
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NewsMorrisons reveals plunge in first-half profits
Morrisons’ underlying pre-tax profit has plunged by more than half in its half-year results but the grocer says it has made “good progress” in its three-year ‘self-help’ plan.
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NewsBreakfast briefing: Retail news on Sports Direct and Debenhams
Retail news round-up on September 11, 2014: Sports Direct shareholder revolt over pay and Debenhams partners with Buyapowa
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OpinionNick Bubb’s verdict: Kingfisher’s changing of the guard
A change of chief executive has tended to be seen as a sign of bad news in retailing lately, so why has Kingfisher’s share price risen today?
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AnalysisKingfisher's first half and management change: What the analysts say
Kingfisher boss Sir Ian Cheshire is to stand down and be replaced internally by Castorama head Véronique Laury. Retail Week examines the analyst reaction
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AnalysisAnalysis: Departing Kingfisher boss Sir Ian Cheshire's legacy
As Kingfisher boss Sir Ian Cheshire prepares to step down after seven years as group chief executive, Retail Week looks at his legacy.
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OpinionComment: All change at Kingfisher – and all change in retail's boardrooms
The impending departure of Kingfisher chief executive Sir Ian Cheshire is the latest instance of dramatic change in retail boardrooms.
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AnalysisIn the news: Kingfisher incoming boss Véronique Laury profiled
Chic Frenchwoman Véronique Laury may not look like a traditional DIY retailer, but few know as much about the sector as her.
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NewsThorntons reports best retail like-for-like performance in six years
Chocolatier Thorntons has reported its best like-for-like performance in its retail division for six years as its turnaround plan gains traction.
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NewsSports Direct first-quarter profits surge despite disappointing World Cup
Sports Direct sales surged 12.2% to £711.2m and gross profit jumped 11.8% to £301.2m in its first quarter, despite a disappointing World Cup.
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NewsKingfisher boss Sir Ian Cheshire to exit as Castorama's Véronique Laury steps up
Kingfisher group chief executive Sir Ian Cheshire is to stand down by the end of the financial year to be replaced internally by Véronique Laury.
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NewsIkea reports improved European performance as global sales jump 3.6%
Ikea’s European business is showing signs of improvement as it reports a 3.6% jump in like-for-like sales for its financial year.
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NewsSir Ian Cheshire predicts Scottish independence price hikes
Kingfisher boss Sir Ian Cheshire has warned Scottish independence will force prices up in Scotland as Dixons Carphone boss Sebastian James shrugged off concerns about a Yes vote.
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AnalysisDixons Carphone's first trading update since merger: What the analysts say
Dixons Carphone today revealed its results for the first quarter since the merger. Retail Week looks at what the analysts say.
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OpinionComment: Tesco needs to match ambition with executional excellence
In a Tesco store last weekend I asked the people on the tills about Dave Lewis.
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NewsBrightHouse lending practices to be scrutinised by Parliamentary inquiry
BrightHouse’s lending practices are to be scrutinised by a Parliamentary inquiry to ensure shoppers are “getting a good deal”.
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NewsDixons Carphone claims ‘good start’ in first results since merger
Dixons Carphone has hailed a “good start” in its first results following the merger of Dixons Retail and Carphone Warehouse on August 7.
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NewsKiddicare documents reveal full extent of decline as losses widen to £127.8m
The full extent of Kiddicare’s decline has been laid bare in documents that show losses ballooned to £127.8m in the final year of Morrisons’ ownership.