All City & finance articles – Page 399
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NewsSports Direct set to hit £310m EBITDA target as profit soars
Sports Direct is “very confident” of hitting its internal £310m full-year EBITDA target as profit soars in its third quarter.
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NewsDixons trumpets strengths as Ao.com prepares to float
Dixons has extolled the virtues of its white goods and online businesses as etail rival Ao.com prepares to float on the London Stock Exchange.
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NewsFloat is 'start of the Poundland story' as Spanish launch nears, says boss McCarthy
Poundland chief executive Jim McCarthy said the retailer’s float is the “start of the story” as it moves closer to opening its first Spanish stores.
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OpinionComment: There's nothing cut-price about Poundland's ambitions
Poundland has pushed the button on its IPO. The single-price retailer has bolstered its board and could achieve a valuation of up to £700m.
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NewsBreakfast briefing: Retail news on Poundland, Dixons, Northern Ireland footfall and Tesco
Retail news round-up on February 18, 2014: Poundland publishes intention to float, Dixons launches counter-attack against Ao.com after share price falls, footfall in Northern Ireland drops 2% in January and Tesco loses 6.6% market share in Ireland
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NewsPoundland, Pets at Home and Boohoo.com poised to float in next two weeks
Poundland, Pets at Home and online fashion retailer Boohoo.com are leading the race to float in the next two weeks.
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CartoonBlower's retail cartoon: Ao.com's £1bn IPO
Retail Week’s cartoonist Patrick Blower takes a look at Ao.com’s £1bn flotation.
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OpinionNick Bubb's verdict: Does Ao.com's valuation signal another dotcom bubble?
The old Appliances Online business may have changed its name to the anonymous Ao.com but that hasn’t changed its appeal to US Internet investors.
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OpinionComment: Why it's worth investing to create retail destinations
This week it was revealed that Asda may be considering a bid for Mothercare’s Early Learning Centre as it looks to fill excess space in its stores.
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NewsFormer Travis Perkins boss to chair Card Factory for IPO
Dunelm chairman and former Travis Perkins chief executive Geoff Cooper has been appointed chairman of specialist retailer Card Factory, which is expected to float.
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OpinionComment: What makes a float successful
As interest grows in IPO, Gareth Iley, consumer partner at advisory firm Clearwater Corporate Finance, discusses conditions that are conducive to a successful IPO.
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NewsMorrisons boss rallies his troops for food fightback
Morrisons chief executive Dalton Philips has drawn on American military survival tactics used during the Vietnam War to galvanise his forces as he bids to revitalise the embattled grocer.
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AnalysisMorrisons' founding family's plans to take it private: What the analysts say
Morrisons’ founding family, which has a 9% stake in the supermarket chain, have approached private equity firms to take the listed grocer private. Retail Week takes a look at the City’s reaction to the news.
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OpinionComment: Dixons boss Sebastian James on keeping a retail brand relevant
For the last few years at Dixons – but thankfully no longer – my team and I have been the worried-looking doctors and nurses clustered round the bedside of this Great British institution.
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NewsDunelm expands into furniture as first half profits rise
Value homewares retailer Dunelm is expanding into furniture as it seeks to expand the business.
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OpinionComment: Will investors make a £1bn bet on Ao.com as it lines up IPO?
White goods etailer Ao.com has made its presence keenly felt in the industry over the last few years, whether for the way it has put customer service at its heart or its amusing ads.
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NewsNew Look rules out IPO as it ramps up international expansion
New Look has ruled out joining the throng of retail IPO candidates as it focuses on ramping up its international expansion.
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NewsPets at Home strengthens board as it prepares to float
Pets at Home is to appoint two new female directors as it seeks to hit boardroom diversity targets and strengthen its board ahead of an expected flotation.
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NewsNew Look third-quarter sales rise driven by online
Fashion retailer New Look has reported an increase in sales in the third quarter when it defied “difficult” conditions.
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NewsDunelm first-half profits rise despite like-for-like sales slip
Homewares retailer Dunelm has reported a rise in profits despite a decline in like-for-likes sales in the first half.