All City & finance articles – Page 400
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NewsBreakfast briefing: Retail news on Pets at Home, Amazon, Lush and retail sales
Retail news round-up on February 11, 2014: Pets at Home strengthens board ahead of expected float, retail sales growth steps up in January and Amazon infringes Lush’s copyright.
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NewsGame poised for courtroom battle over unpaid rents
Game is set for a courtroom battle with a consortium of the UK’s largest landlords this week over millions of pounds of unpaid rent.
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NewsAo.com confirms intention to float as Brian McBride joins
White goods etailer Ao.com has confirmed its widely speculated intention to float on the London Stock Exchange.
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NewsTerry Leahy and Bob Willett back fashion website Atterley Road
Former Tesco boss Sir Terry Leahy and former Best Buy international head Bob Willett have backed an investment in fashion etailer Atterley Road.
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NewsBreakfast briefing: Retail news on Monsoon Accessorize, Poundland, Atterley Road and New Look
Retail news round-up on February 7, 2014: Monsoon Accessorize back in the black, Poundland to open first stores in mainland Europe, Leahy and Willett back Atterley Road and New Look considers converting stores to menswear shops.
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NewsSuperGroup boss says discounting at Christmas tarnishes a product's value
SuperGroup boss Julian Dunkerton said its decision to focus on full-price sales helped drive a sales rise over Christmas.
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NewsKPMG resigns as Poundworld auditor after highlighting "misleading" stocktaking
Poundworld’s auditor KPMG resigned in December after it qualified the retailer’s annual accounts, it has emerged.
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NewsSuperdrug owner mulls UK headquarter move to aid London IPO
Superdrug owner Hong Kong-based AS Watson is mulling moving its headquarters to the UK to aid a possible London Stock Exchange listing.
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NewsSuperGroup “on track for the full year” as like-for-likes edge up
Fashion retailer SuperGroup said it was “on track for the full year” as like-for-likes edged up 1.3% in its third quarter.
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NewsBreakfast briefing: Retail news on SuperGroup, Superdrug, Argos, eBay, House of Fraser and more
Retail news round-up on February 6, 2014: SuperGroup “on track for the full year” as like-for-likes edge up, Superdrug owner AS Watson considers relocation of corporate headquarters to UK and more.
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OpinionComment: Mixed messages for retail economy in 2014
There have rarely been so many mixed messages about what really is going on with the economy and what 2014 will look like. It seems we are enjoying rapid economic recovery.
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NewsFrench Connection shaves £1m off expected full-year pre-tax losses
French Connection has revealed it expects to deliver better annual results than originally forecast, shaving £1m off its pre-tax losses.
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AnalysisInternational analysis: Walmart lowers its sights after weak fourth quarter
Global colossus Walmart has unexpectedly lowered profit expectations for its final quarter.
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OpinionNick Bubb's verdict: Ocado begins with 'O' but will it end with £1.8bn?
One wag famously once said Ocado begins with an ‘O’ and ends with a zero, but it seems to be very much alive and kicking.
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AnalysisOcado’s full-year results: What the analysts say
Ocado today reported full-year gross sales rose 17.2% to £843m last year, when pre-tax losses widened to £12.5m and that co-founder Jason Gissing is to retire. Retail Week rounds up analysts’ reaction.
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NewsSports Direct's Irish partner eyes sports chain Elverys
Sports Direct’s Irish partner, Heatons, is in talks to acquire Elverys, the oldest sports chain in the Republic of Ireland.
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NewsGame backer revealed as activist investor Elliott
Activist investor Elliott Advisors has built a 99% stake in Game and is on course for a windfall if plans for a £300m float are successful.
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NewsOcado co-founder Gissing retires as full-year losses widen
Ocado co-founder Jason Gissing is to retire from the retailer it was revealed as the online grocer reported widening pre-tax losses.
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NewsBreakfast briefing: Retail news on Ocado, Game, Amazon, Sports Direct, Morrisons and more
Retail news round-up on February 4, 2014: Ocado co-founder Gissing retires and pre-tax losses widen, Activist investor Elliott revealed as Game backer, Amazon UK sales growth suffers slowdown and more.
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OpinionComment: Why Carphone Warehouse's Samsung deal makes sense
Samsung has revealed plans to open 60 stores in Europe in partnership with Carphone Warehouse – a strategy that will give Samsung a European presence that took Apple nearly a decade to build, but in just three months.