All City & finance articles – Page 148
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NewsAgenda: M&S, Halfords and Mothercare update the market
Retail Week looks ahead to the next seven days with updates from Marks & Spencer, Halfords and Mothercare on the agenda
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OpinionOpinion: Tacky ads won't help M&S reach £12bn food sales
Marks & Spencer has long been a tale of two halves, with grocery on a seemingly unstoppable run while clothing and home floundered.
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NewsMorrisons bosses give up £1m in bonus payments
Morrisons chief executive David Potts and finance boss Trevor Strain have handed back more than £1m in bonus payments linked to personal performance targets.
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NewsBurberry profits rise as transformation plan bears fruit
Burberry has posted an increase in full-year profits and hailed “strong progress” with its transformation plan.
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NewsJohn Lewis axes defined benefit pension scheme
The John Lewis Partnership is scrapping its defined benefit pension scheme as the group battles to cut costs.
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NewsAnalysis: Is there appetite for an Asda IPO?
Walmart International boss Judith McKenna told Asda staff at the grocer’s Leeds HQ that the business was “seriously considering” an IPO – but would the market bite?
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CartoonRetail cartoon: He's going to need a smaller boat
Patrick Blower’s take on Sir Philip Green sliding down the Sunday Times Rich List
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AnalysisProfile: Is Nick Jones the right man to keep Joules growing?
Former Marks & Spencer and Asda exec Nick Jones has been poached by fashion retailer Joules as its next chief executive. Retail Week analyses whether he’s the right man for the job
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NewsBritish Land retail portfolio value takes hit
Property giant British Land has reported a rise in rental growth, but the value of its portfolio has taken a hit.
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NewsMoss Bros' sales boost driven by ecommerce
Menswear retailer Moss Bros has recorded a sales rise despite facing tough trading conditions.
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NewsB&Q owner Kingfisher posts quarterly sales rise
DIY giant Kingfisher has posted a sales advance in its first quarter, when the UK business outperformed the French division.
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NewsWalmart's Judith McKenna: We're focused on Asda's future
Walmart International boss Judith McKenna has insisted the business is committed to driving Asda’s strategic plan following the collapse of its proposed merger with Sainsbury’s.
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NewsLandsec losses widen despite sales increase
Landsec recorded widening full-year losses against a backdrop of what boss Robert Noel described as “well-publicised difficulties in the retail market”.
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NewsCotswold Outdoor owner's CVA approved
Cotswold Outdoor owner Outdoor & Cycle Concepts has won approval for its CVA by a majority of over 97% of creditors.
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NewsBoots full-year profits slide as sales dip
Boots has recorded a fall in its full-year profits as its sales and margins were eroded by stiff competition from its rivals.
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NewsSelect to launch CVA proposal this week
Select has confirmed it will launch a CVA at some point this week after falling into administration earlier this month.
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NewsRetailers slip down The Sunday Times Rich List
A number of retailers, including Sir Philip Green, have tumbled down this year’s The Sunday Times Rich List as turbulent conditions on the high street take a toll on personal fortunes.
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NewsAshley to invest millions in upgrading House of Fraser stores
Mike Ashley has pledged to invest hundreds of millions of pounds into House of Fraser in exchange for three-year rent holidays on the redeveloped stores.
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NewsAgenda: Asda, Kingfisher and Burberry update the market
Retail Week looks ahead to the next seven days with updates from Asda, Kingfisher and Burberry on the agenda
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NewsWilko swings to full-year profit despite sales dip
Wilko has posted a return to profit in its full-year results, driven by a cost-cutting drive.