All City & finance articles – Page 160
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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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NewsSofa.com seeks quick sale as losses mount
Online furniture retailer Sofa.com has drafted in KPMG to find a potential buyer within weeks.
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NewsDebenhams and New Look credit ratings downgraded
Moody’s has downgraded Debenhams’ credit rating following last week’s boardroom coup and poor Christmas trading update.
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NewsPrimark sales up but like-for-likes dip
Primark sales rose 4% over the festive period but like-for-likes fell slightly.
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NewsSears chairman ‘buys chain for $5.2bn' in bankruptcy auction
Sears chairman Eddie Lampert has rescued the business after triumphing in a bankruptcy auction with a takeover bid of around $5.2bn (£4bn).
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NewsThe Works losses widen but festive sales spike
The Works losses widened in its first half but toasted a “record” Christmas as festive sales jumped.
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NewsShop Direct to focus on fashion to drive sales, says Birch
Shop Direct boss Henry Birch says the retailer’s record Christmas performance was delivered by honing the etailer’s fashion offer and sidestepping an “electricals price war”.
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NewsWilko chief operating officer and digital director exit
Wilko’s chief operating officer Sean Toal and the boss of its digital division Sean Emmett have both stepped down amid a board reshuffle, Retail Week can reveal.
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AnalysisOpinion: Debenhams' future is in Mike Ashley's hands
Mike Ashley’s spectacularly engineered coup at Debenhams’ AGM sent shockwaves through the industry at the tail end of Super Thursday.
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NewsNew Look strikes deal to slash £1.3bn debt pile
New Look has struck a debt-for-equity deal with a group of key stakeholders in a bid to shore up its balance sheet.
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NewsJD Sports targets ‘upper end’ of profit guidance
JD Sports is on track to register earnings “at the upper end” of market expectations after hailing “further significant progress” during the Christmas trading period.
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