All City & finance articles – Page 157
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OpinionOpinion: Is Bonmarché’s realism realistic enough?
Bonmarché has followed up two profit warnings at the tail end of last year with a dismal update on Christmas performance.
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NewsMike Ashley mulling Patisserie Valerie deal
Mike Ashley is reportedly considering making a bid for Patisserie Valerie, a move which would give him even greater control of the high street.
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NewsPeacocks: Payment changes have ‘nothing to do’ with market
Peacocks has hit out at suggestions it is in poor financial health after it instituted new payment terms for suppliers.
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NewsNo-deal Brexit will leave grocery shelves empty, BRC warns
Supermarkets would be plagued by empty shelves and higher food prices in the event of a no-deal Brexit, grocery retailers have warned.
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NewsAgenda: Brexit amendment vote and ScS updates the market
Retail Week looks ahead to the next seven days with MPs voting on a revised Brexit deal and a quarterly update from SCS on the agenda.
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NewsPaperchase sale discussed at crunch meeting
Stationery and gift card retailer Paperchase was reportedly offered to potential buyers at a meeting with key creditors yesterday.
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NewsWith Paperchase in crisis, is stationery at a standstill?
As Paperchase holds a crunch meeting with creditors to secure support for its restructuring plan, Retail Week asks whether there’s trouble on the cards for the whole stationery sector.
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NewsRetail jobs decline by 70,000 during golden quarter
The retail industry shed 70,000 jobs in the fourth quarter of last year compared to the same period in 2017, new figures have revealed.
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NewsEx-Tesco director Rogberg cleared over accounting scandal
Tesco’s former UK finance boss has been cleared of fraud following the grocer’s £250m accounting scandal.
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NewsPaperchase set for crunch landlord talks
Paperchase will outline a series of restructuring options to key creditors at two crunch meetings this week, Retail Week has learned.
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NewsHotel Chocolat posts 'strong' Christmas sales uplift
Hotel Chocolat has reported a rise in its Christmas sales driven by new stores and strong-seller Velvetiser hot chocolate.
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NewsWHSmith sales rise bolstered by travel arm
WHSmith recorded an increase in sales as a decline in its high street division was offset by a strong performance in its travel division.
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NewsJoules interim profits and sales increase
Joules has recorded a rise in profits above expectations, which boss Colin Porter says is a “testament to the strength of our distinctive brand”.
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AnalysisAnalysis: The 'new realities' facing retail in 2019
Next boss Lord Wolfson warned after the fashion bellwether’s Christmas trading update that retailers, landlords and local authorities must wake up to “the new reality” on the high street.
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NewsMountain Warehouse Christmas sales climb
Mountain Warehouse is on track to post its largest ever full-year profit after sales climbed during the crucial Christmas trading period.
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NewsSports Direct's Mike Ashley in rescue bid for HMV
Sports Direct tycoon Mike Ashley has emerged as one of the suitors bidding to rescue HMV from administration.
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NewsAgenda: Dixons Carphone, Joules and WHSmith Christmas updates
Retail Week looks ahead to the next seven days with Christmas updates from Dixons, Burberry, Joules, WHSmith and Pets at Home all on the agenda.
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NewsThe Entertainer posts Christmas sales boost
The Entertainer recorded a rise in festive sales bolstered by strong like-for-likes which boss Gary Grant said “caps a tremendous year of growth”.
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