All City & finance articles – Page 385
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OpinionComment: Tesco can’t afford to let its convenience crown slip
You might think Tesco was on the verge of going bust judging from the tone of some of the comment this week.
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NewsFindel profits surge as it declares turnaround complete
Home shopping specialist Findel’s pre-tax profit before exceptionals jumped from £11.8m to £22m as it declares turnaround complete.
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NewsTesco reports 3.7% like-for-like slump in first quarter
Tesco has reported a 3.7% slump in like-for-like sales excluding petrol in its first quarter, blaming market conditions and a reduction in “indiscriminate” couponing.
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NewsBlue Inc IPO set to be oversubscribed as investors seek niche retail stocks
Young fashion retailer Blue Inc’s impending IPO is set to be oversubscribed allaying fears that investors are shunning retail stock.
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NewsMandM Direct: six things you need to know about the discount fashion retailer
MandM Direct revealed it intends to list on the Stock Exchange and has ambitious plans to expand its no-nonsense discount fashion offer.
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AnalysisIn the news: JD Sports executive chairman Peter Cowgill profiled
JD Sports raised eyebrows last week when it revealed the immediate departure of its chief executive Barry Bown and said it had no plans to replace him.
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NewsCard Factory refinances senior bank facilities
Card Factory, the greetings care retailer that floated on the stock exchange last month, has completed the refinancing of its existing senior bank facilities.
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AnalysisAnalysis: How does Mountain Warehouse compare against its rivals?
Mountain Warehouse has posted record annual profits. Retail Week takes a look at how it compares with its competitors.
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NewsMountain Warehouse posts record results as online sales rocket
Outdoor gear specialist Mountain Warehouse has posted a surge in sales and profits after benefiting from its multichannel offer.
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CartoonBlower's retail cartoon: Who are the winners and losers after vote on Europe?
Retail Week’s cartoonist Patrick Blower’s take on the winners and losers in last weekend’s European elections.
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AnalysisFlash Sales websites: What do retailers need to know?
Australian flash Sales site MySale has hit the headlines as it lines up a float. Retail Week takes a look at Flash Sales retailing.
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OpinionComment: to B&M or not to B&Q? How discounters are stealing share from DIY sheds
Does the apparent failure of B&Q to make the most of the better weather in Q1 imply that new rivals like B&M are nibbling away at its market share?
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NewsAustralian fashion site MySale reveals intention to float
MySale, the Australian flash Sales fashion site which is backed by Sir Philip Green, has revealed it intends to float.
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NewsKingfisher sales and profits up in first quarter as warm weather drives demand
DIY giant Kingfisher has reported strong growth in both sales and profits in its first quarter, buoyed by good weather and the timing of Easter.
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OpinionComment: Annual reports have become an anachronism in the digital world
The once-a-year snapshot that is the traditional annual report, is being taken over by other interested parties for their own agendas.
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OpinionComment: Political uncertainty is bad news for retail
Retailers will have to ponder the practical consequences of an anti-establishment mindset, evidenced in last weekend’s European elections.
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NewsThe Hut: a clarification
Yesterday we published a story which referred to The Hut Group abandoning plans for an IPO which we would like to clarify.
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NewsSpar International forced to retract UK trading figures
Spar International has been forced to retract trading figures relating to its UK business in its annual report.
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NewsAnalysis: Halfords' Getting into Gear strategy puts it in pole position
Halfords is in pole position as boss Matt Davies’ strategy to create a business generating £1bn of sales is racing towards its target.
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NewsThe Book People secures £2.5m funding from Gordon Brothers
Direct bookseller The Book People has secured a £2.5m loan from Gordon Brothers to help support future growth.