All City & finance articles – Page 159
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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.
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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”.
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NewsOddbins calls in administrators, 550 jobs at risk
Oddbins has tumbled into administration putting 550 jobs at stake.
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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.
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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.
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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”.
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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.