All City & finance articles – Page 156
-
NewsBRC: No-deal Brexit ‘sub-optimal’ after government defeat
The British Retail Consortium has reiterated that a no-deal Brexit would be catastrophic for retailers, after the government suffered another defeat in the House of Commons overnight.
-
NewsMike Ashley holding company's profits crash
Profits have plummeted at retail tycoon Mike Ashley’s investment vehicle Mash Holdings, more than halving in the year to April 2017.
-
NewsWest End retailers braced for April business rates hike
John Lewis, Primark, Debenhams and Selfridges will suffer some of the sharpest increases in business rates on their flagship West End stores, new research has found.
-
NewsDunelm profits rise as it ramps up focus on core business
Dunelm has posted an increase in first-half profits as the drive to simplify its business model bore fruit.
-
NewsLiberty owner eyes sale of department store
Liberty has reportedly been put up for sale by its major shareholder, nearly a decade after it last changed hands.
-
OpinionHigh street woes shouldn't obscure global opportunities
A retailer that many may never have heard of is understood to be planning a float that would value it at more than $1bn.
-
NewsOffice profits slide as HoF demise hits sales
Office has recorded a steep decline in its full-year profits as sales were hampered by House of Fraser’s collapse and the wider consumer spending slowdown.
-
NewsDebenhams secures £40m credit facility extension
Debenhams has extended its credit facility to buy the ailing department store chain time to finalise its financial restructuring plans.
-
NewsIceland eyes moves for Sainsbury's and Asda stores
Iceland is considering swooping on stores that Sainsbury’s and Asda might be forced to sell as a result of their proposed merger.
-
NewsAgenda: Brexit debate, and Dunelm updates the market
Retail Week looks ahead to the next seven days, with potential Brexit amendment votes and Dunelm on the agenda.
-
NewsMySale warns of first half loss as revenues slump
MySale has warned it expects to post a first-half loss amid “challenging” trading conditions.
-
NewsMade.com posts sales jump in ‘record’ year
Furniture etailer Made.com’s full-year UK revenue hit £100m for the first time in what boss Philippe Chainieux heralded as “a strong year”.
-
NewsUnilever snaps up healthy snacking firm Graze
Unilever has acquired Graze for a reported £150m after fending off interest from FMCG giants such as Pepsi and Kellogg’s.
-
OpinionOpinion: Don't blame private equity for retailers' woes
Who can we trust as owners and custodians of our great retail brands?
-
NewsOcado boss refuses to rule out M&S deal
Ocado chief executive Tim Steiner has refused to rule out cutting short the online grocer’s current deal with Waitrose in favour of Marks & Spencer.
-
NewsOcado promises ‘long-term value’ as profits fall
Online grocer Ocado has recorded a fall in full-year profits but said its growth story “is only just beginning”.
-
NewsOddbins calls in administrators, 550 jobs at risk
Oddbins has tumbled into administration putting 550 jobs at stake.
-
NewsAgenda: Ocado and Superdry update the market
Retail Week looks ahead to the next seven days with updates from Ocado and Superdry on the agenda.
-
NewsScS pulls out of running to snap up Sofa.com
ScS has pulled out the race to buy fellow furniture specialist Sofa.com, seemingly paving the way for Sports Direct tycoon Mike Ashley to snap up the business.
-
NewsH&M profits slump in 'challenging' year
H&M has suffered a slump in full-year earnings after what its chief executive described as a “challenging year”.