All City & finance articles – Page 470
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NewsHouse of Fraser closes £250m bond issue
Department store group house of Fraser closed a £250m bond issue yesterday.
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NewsDixons agrees £59m sale and leaseback deal
Electricals group Dixons, owner of chains including Currys and PC World, has agreed a £59m sale and leaseback of its Nordic distribution centre.
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AnalysisAt the margins
At every turn, retailers are staring at rising costs. With deflation a thing of the past, how can they manage their margins and remain profitable? Charlotte Hardie considers the challenges ahead.
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NewsDebenhams shares jump on talk of bid from Poon
Shares in Debenhams rose on speculation of a bid from Hong Kong-based Dickson Poon, the owner of Harvey Nichols.
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NewsGeorge at Asda turns 21 and sparks new plans
George at Asda managing director Andrew Moore has set out three key planks for growth as the brand celebrates its 21st birthday this week.
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AnalysisHappily ever after for Waterstone’s?
Rising ebook sales and the competition from grocers have made life tough for Waterstone’s. Nicola Harrison finds out how the bookseller can be turned around under new ownership.
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NewsNew Peacocks chair forges ahead with UK and overseas expansion
Former Asda chief executive Allan Leighton, who was confirmed as chairman of value retailer Peacocks this week, will focus on overseas expansion and UK consolidation.
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NewsHalfords Autocentres potential impresses
Halfords’ Autocentres business is expected to offer “attractive medium-term earnings benefit” to the car parts and bikes retailer, said analysts that attended an investor trip last week.
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NewsNew Holland & Barrett store highlights beauty
Holland & Barrett has opened its first dedicated natural beauty floor to attract younger customers.
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NewsFlat market masks big risers and fallers
Retailers generally, like the market, were flat over the week, but that masked some big share price advances and falls.
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OpinionFor M&S’s Bolland, success is in the detail
When Marc Bolland succeeded Sir Stuart Rose as chief executive of Marks & Spencer, there was fevered speculation about the extent to which he would change strategic direction.
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NewsMoss Bros on the rise as it simplifies
Menswear specialist Moss Bros posted a surge in total sales from continuing operations of 12.9% in the 15 weeks to May 14.
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NewsRetail valuations stay solid as confidence rises
Retail valuations remain attractive after consumer confidence showed another improvement in April despite the tough climate, broker Espirito Santo maintained.
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NewsHome shopping giants join directive fight
Two of the UK’s multichannel heavyweights have spoken out in support of Retail Week’s Ditch the Directive campaign warning provisions within the proposed EU Consumer Rights Directive could be counterproductive.
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Opinion
Malcolm Walker’s next summit
As Iceland founder and chief executive Malcolm Walker returns from one feat - conquering Everest - he now faces another: the potential sale of failed bank Landsbanki’s 67% stake in the frozen food retailer.
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NewsSignet UK like-for-likes remain flat
US jeweller Signet UK like-for-likes remained flat in its first quarter but losses have narrowed year-on-year.
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NewsJJB prioritises preserving cash margins as turnaround begins
JJB Sports is to focus on protecting its margins this year as it seeks to stem its losses.
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NewsDixons to drive profit through its Knowhow service division
Electricals group Dixons could add “tens of millions” to profits with a push into services through its Knowhow division, group chief executive John Browett believes.
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NewsJJB Sports chairman warns turnaround will take up to five years as losses triple
JJB Sports chairman Mike McTighe has warned its turnaround will take up to five years as its losses before tax almost tripled to £181.4m in its full year to January 30.