All City & finance articles – Page 461
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NewsSubdued trading and inflation hits grocers
The latest grocery industry data from Kantar and Nielsen showed inflation-powered sales growth at the expense of volumes.
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NewsMothercare UK like-for-likes slip
Mothercare, which last week posted a 4.3% drop in UK like-for-likes in its first quarter, is a sell according to broker FinnCap.
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NewsHalfords like-for-likes slip in a "difficult environment"
Halfords retail like-for-likes slid 1.1% in the 13 weeks to July 1.
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NewsRobert Dyas non-exec chairman Geoff Brady joins Albemarle & Bond board
Robert Dyas non-exec chairman Geoff Brady has joined the board of pawnbroker Albemarle & Bond.
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NewsDixons boss Browett's bonus cut
Dixons chief executive John Browett’s rewards package shrank last year after the retailer’s profits growth stalled.
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NewsPrivate equity firms bid for American Golf
A number of private equity firms have tabled bids for golf specialists American Golf which is up for sale for £80m.
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NewsDebenhams completes £650m refinancing
Department store group Debenhams has completed its refinancing of the £650m senior credit facility it agreed in July 2010.
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NewsSoaring profits and sales put SuperGroup back on track
An improvement in recent trading at SuperGroup, owner of the Superdry brand, reassured the City that the business still has legs.
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NewsGeneral retail cheer despite torrid trading
As the general market slid on renewed Eurozone crisis fears, retailers outperformed, although they were still down in the week leading up to Wednesday’s raft of updates.
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OpinionFrom crisis comes opportunity
The retail collapses of the past few weeks were sad news for those losing their jobs, but the focus on failure meant the bigger picture was obscured: crisis for one means opportunity for others, and good quoted retailers are seizing it.
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NewsConfidence high in WHSmith performance
Analysts were pleased by a better than expected third quarter performance from WHSmith, despite a 4% fall in group like-for-likes.
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NewsReturn to sales growth puts Dunelm on course
Value homewares retailer Dunelm expects full year profit to be in line with expectations after revealing like-for-like growth improved in the fourth quarter.
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NewsJJB makes 'good progress' with turnaround
Sports specialist JJB, which is at the start of a turnaround programme, told investors that “good progress” is being made.
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NewsPrimark reports strong growth in sales, but margins fall
Primark has defied the downturn in the fashion market to post strong growth in total sales.
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NewsTopps Tiles sales dip in third quarter
Topps Tiles like-for-likes declined 1.9% in the 13 weeks ended July 2.
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NewsJJB makes "good progress" in its turnaround plan
JJB is making “good progress” in its turnaround as sales in the 22 weeks to July 3 met its expectations.
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NewsTheo Fennell eyes international expansion as its pre-tax losses grow
Luxury jeweller Theo Fennell is eyeing international expansion as its pre-tax losses grow
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News20 stores a day shut by multiples, report says
Multiple retailers closed 20 stores a day on average between January and May as they slashed costs amid punishing trading conditions.
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NewsRetail climbs but fails to match the market
Food and general retailers alike climbed over the week but failed to match the rise clocked up by the market overall.
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OpinionM&S cruising?
Marks & Spencer’s army of private shareholders will descend on the Royal Festival Hall on Wednesday for the usual beanfeast.