All City & finance articles – Page 413
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NewsBreakfast briefing: Retail news on Carpetright, The Garden Centre Group, Amazon
Retail news round-up October 4, 2013: Carpetright founder Lord Harris returns to the helm as chief executive Darren Shapland exits, The Garden Centre Group appoints new trading director and Amazon removes foie gras from UK website.
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OpinionNick Bubb's verdict: Ted Baker - a great advert for good design
Ted Baker famously hasn’t got to where it is today, after 25 years of existence, by spending lots of money on advertising and PR.
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NewsTed Baker boss Ray Kelvin outlines ambitious expansion plans for China
Ted Baker chief executive Ray Kelvin has outlined ambitious expansion plans for Asia and China in particular.
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AnalysisTed Baker first half: What the analysts say
Ted Baker’s pre-tax profit increased from £7.8m to £11.6m in its first half as retail sales rose 30.2%. Retail Week takes a look at the response from the City.
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NewsSports Direct chief executive Dave Forsey sells £6.46m of shares
Sports Direct chief executive Dave Forsey and finance director director Bob Mellors sold £6.46m worth of shares in the company yesterday.
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NewsTed Baker first-half profits jump as retail sales surge
Ted Baker pre-tax profit increased from £7.8m to £11.6m in its first half as retail sales rose 30.2%.
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NewsDFS float speculation dismissed
Speculation over DFS’s potential float next year has been dismissed by sources familiar with the situation.
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NewsAlbemarle & Bond emergency fundraising plan fails
Pawnbroker Albemarle & Bond has a month to save itself from collapse after talks to raise £35m in emergency funding broke down.
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OpinionComment: Dunelm's not quite home and dry
While much of the attention today has been on food giants Sainsbury’s and Tesco, there has been an update too from home specialist Dunelm.
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AnalysisSainsbury's second quarter: What the analysts say
Sainsbury’s has recorded a 2% increase in like-for-like sales excluding fuel in the second quarter driven by own brand, convenience and online. Retail Week rounds up the City’s reaction.
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AnalysisTesco's first-half results: What the analysts say
Tesco today reported a 7.6% drop in group trading profits in its first half as problems in its overseas arm. Retail Week rounds up the City’s reaction.
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NewsDunelm like-for-likes fall 5.3% as heatwave hits footfall
Dunelm like-for-likes dropped 5.3% in its first quarter following a “marked reduction” in footfall during the heatwave.
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NewsAlbemarle & Bond issues profit warning after gold prices weaken
Pawnbroker Albemarle & Bond has issued a profit warning after weak gold prices hit its core businesses of pawnbroking and gold buying.
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NewsDFS mulls £1bn stock market flotation
The owner of furniture specialist DFS is mulling a stock market flotation that could value the retailer at £1bn.
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NewsMoss Bros first half profits increase as like-for-likes rise 1.7%
Formalwear retailer Moss Bros recorded a 1.7% uplift in first half retail like-for-likes as profits improved as it plans to open websites overseas.
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AnalysisAnalysis: Why teenage Generation Z shoppers are different
Today’s teenagers are growing up amid a digital revolution, and retail has some work to do if it’s going to keep up.
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OpinionNick Bubb’s verdict: Is the rising tide lifting House of Fraser’s yacht?
Despite impressive online sales growth, helpful autumn weather and rising consumer confidence, is House of Fraser rising with the tide?
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OpinionComment: Time to recognise big retail’s role in economic recovery
Ed Miliband’s ideas to tackle the burden of business rates on small businesses should be welcomed and will help stimulate the more detailed debate that’s needed if a solution to this punitive cost on retail is to be found.
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NewsLaura Ashley blames weather as profits fall in 'challenging' first half
Laura Ashley pre-tax profit slipped 10.8% to £7.8m including exceptional items due to a “challenging” first half caused by the weather.
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NewsTopps Tiles expects full-year profits to edge up 1.6% to £13m
Topps Tiles expects pre-tax profits to edge up 1.6% to £13m in its year to September 28, with like-for-likes set to fall 0.5%.