More finance – Page 28
-
AnalysisHouse of Fraser future hinges on rates reform, warns Ashley
Sports Direct founder and chief executive Mike Ashley has warned that the future of his vast retail group’s bricks-and-mortar portfolio is dependent on the “broken and unworkable” business rates system being overhauled.
-
AnalysisIn quotes: Mike Ashley on Debenhams debacle, Wild West practices and clueless Corbyn
Sports Direct tycoon Mike Ashley opened fire at today’s half-full year results and his list of gripes is a long one. Retail Week surmises his rants.
-
OpinionElection 2019: Johnson’s government must now ease retailers’ burdens
So it’s all over, bar the shouting. The Conservative Party has won what is being described as a “historic” victory.
-
AnalysisRetailers praise ‘emphatic clarity’ as Conservatives secure election win
Retail bosses have praised today’s general election result, which saw the Conservative Party secure its largest majority since 1987.
-
AnalysisAnalysis: Can Dixons Carphone get its spark back?
Dixons Carphone posted a 60% drop in adjusted pre-tax profit for the six months to October 26 as group sales fell 4% to £4.7bn. Figures like that often spark panic, but the City hasn’t turned off just yet.
-
AnalysisAnalysis: Has Ted Baker unravelled beyond repair?
“Ted just doesn’t feel like Ted anymore.” It’s a statement that’s as short as it is revealing about Ted Baker’s alarming fall from grace.
-
OpinionOpinion: Tesco should double down in Asia, not cash out
Incoming Tesco boss Ken Murphy must have been hoping for a relaxed Christmas this year before taking on his new role next spring.
-
OpinionElection 2019: Whoever wins, there will be no Christmas bonus for retailers
Campaigning has been rather subdued this week and rightly so. Last Friday’s tragic events at London Bridge threw the yah-booery of politics as usual into sharp relief.
-
OpinionOpinion: US retailers lead where FTSE 100 fails on leadership diversity
Our latest research has highlighted the ongoing failure of the UK’s biggest businesses to recognise the need for diverse talent at the top levels, with the total number of black, Asian and minority ethnic (BAME) board members virtually flatlining over the past year.
-
OpinionOpinion: Has Ocado bitten off more than it can chew with Aeon deal?
It has been another tumultuous few days on the rollercoaster ride that is the Ocado share price.
-
OpinionLeader: Black Friday boost isn’t all it seems
It was a tale of two Novembers for retailers, the latest sales stats showed.
-
OpinionElection 2019: Do any of the manifestos offer real hope for retailers?
No sooner had my last column hit the presses than a full complement of manifestos were unveiled.
-
OpinionTOFS CEO: A CVA isn’t a quick fix – but it was right for our business
The growth in ecommerce, the much-discussed high rents and business rates, combined with lower high street and retail park footfall and rising wage costs have created the perfect storm in our industry – one that is proving very challenging to weather.
-
AnalysisAnalysis: Kylie Cosmetics – has Coty paid $600m for 170 million Instagram followers?
Global beauty company Coty acquired a 51% stake in celebrity superstar Kylie Jenner’s cosmetics company for a cool $600m this week.
-
OpinionOpinion: Does Gormley’s departure leave Naked Wines exposed?
Alongside Naked Wines’ first set of results since investors approved the sale of Majestic Wine in September came the shock revelation that its founder and chief executive Rowan Gormley would be departing the business after Christmas.
-
AnalysisAnalysis: Where does its Nike split leave Amazon?
With the news that Nike has decided to stop selling its products on Amazon, Retail Week looks at what repercussions that decision will have – for both businesses and the wider sector.
-
AnalysisAnalysis: Has AO.com short circuited in Europe?
As AO.com revealed its plans to close its business in the Netherlands following disappointing half-year results in Europe, Retail Week speaks to chief executive John Roberts about how he plans to fix the “mistakes” made in Europe to get the business back on track.
-
AnalysisAnalysis: Should retailers focus on getting better, not bigger?
Despite the punishing retail climate, most retailers are still expected to grow. But is the right thing to do? Is it time for a reset of corporate expectations? Is it time for retailers to concentrate on getting better, not bigger?
-
OpinionPeter Williams: In 2019, retailers may as well pull Christmas forecasts from a hat
With the peak trading season for many retailers just kicking off, this is the time of year for finance directors to be at their most anxious as they focus on their forecasts for the financial year.
-
OpinionOpinion: Should B&M say auf wiedersehen to Germany?
The usually infallible B&M posted a subdued set of interim results this morning.