All City & finance articles – Page 419
-
AnalysisSuperGroup full year results: What the analysts say
SuperGroup posted a strong set of results this morning, recording a 22% hike in underlying pre-tax profit to £52.2m in the year to April 28. Retail Week finds out if the results have impressed the City.
-
NewsPrimark sales surge 20% in third quarter driven by new stores and warmer weather
Primark sales surged 20% in its third quarter driven by new stores and “good” like-for-like sales growth due to the improved weather.
-
AnalysisAnalysis: Online tax debate – who should pay more?
The idea of an etail-only tax has divided the industry. Could it work or is more tax a bad thing for everyone?
-
OpinionComment: Marks & Spencer's focus turns to autumn fashion range
Investors are likely to press the pause button on Marks & Spencer for the time being. The retailer’s first-quarter statement came in much as expected.
-
AnalysisHalfords first quarter: What the analysts say
Halfords has posted a 7.5% rise in like-for-like sales for the first quarter. Retail Week rounds up analysts’ thoughts on the cycling and car parts retailer’s performance.
-
NewsBurberry like-for-likes rise 13% despite 'soft' footfall
Burberry like-for-like sales jumped 13% in its first quarter due to the “exceptional performance” of its spring fashion range.
-
NewsH Samuel owner Signet UK chief executive Rob Anderson to exit
H Samuel owner Signet’s UK chief executive Rob Anderson is to exit the jeweller and commercial director Sebastian Hobbs will take the reins.
-
Analysis
Marks & Spencer's first quarter: What the analysts say
Marks & Spencer has today reported a 0.3% rise in like-for-like sales for the 13 weeks to June 29. Retail Week summarises what the analysts say about the performance.
-
NewsMarks & Spencer like-for-likes up 0.3% driven by food business
Marks & Spencer has recorded a 0.3% rise in like-for-like sales in its first quarter driven by food, while general merchandise made some progress.
-
NewsAppliances Online gears up for stock market float
Online specialist Appliances Online is considering an IPO and is scheduled to hold talks with advisors over the coming weeks.
-
NewsTesco pays Leahy £8.5m since retirement as his legacy comes under fire
Former Tesco chief executive Sir Terry Leahy has taken home almost £8.5m in performance-based payouts since his departure.
-
OpinionComment: Tesco continues to innovate with new projects
With news out this week that Tesco is to launch a wine brand which will be created by consumers, the supermarket giant looks likely to set a new benchmark for customer engagement.
-
NewsBeales reports 'credible' first-half performance despite loss
Beales has recorded an operating profit of £145,000 but exceptional costs of £479,000 dragged this figure down to an operating loss of £334,000.
-
NewsDunelm like-for-likes up 1.7% after fall in its final quarter
Dunelm has revealed like-for-likes up 1.7% in its full year but sales fell in the final quarter because of the unseasonable weather.
-
OpinionComment: Was Lord MacLaurin’s criticism of Sir Terry Leahy fair?
It wasn’t quite a regicide, but former Tesco boss Lord MacLaurin’s criticisms of his successor Sir Terry Leahy prompted sharp intakes of breath - and some applause - at the grocer’s AGM last week.
-
OpinionNick Bubb’s Verdict: Ocado and Waitrose - A doomed marriage?
The increasingly unhappy marriage of Ocado and Waitrose seems set to end in the divorce courts, but can the two sides patch up their differences?
-
NewsThorntons full-year profit to beat expectations after sales growth
Chocolatier Thorntons said it expects full-year, pre-tax profits to be ahead of expectations following sales growth and “careful cost management”.
-
NewsN Brown like-for-likes up 8% as womenswear recovers in warmer weather
N Brown said it has built on the strong trade recorded in its full year with like-for-likes climbing 7.8% in the 17 weeks to June 29.
-
NewsOcado slips into the red in the first half as it posts £3.8m loss
Online grocer Ocado made a pre-tax loss of £3.8m in its first half, compared with a £200,000 profit in the same period last year.
-
AnalysisAnalysis: Breathing new life into a retailer after administration
The future of three high street names, Internaçionale, ModelZone and Dwell, were left hanging in the balance this week after they collapsed into administration.