All City & finance articles – Page 167
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OpinionClive Black: Sainsbury's – thank goodness for Argos
Who would have thought it? Argos has been a much-abused label for many years in Britain’s investment community and yet it is the shining light in Sainsbury’s interim results.
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NewsSainsbury's boss Coupe defends store standards
Sainsbury’s boss Mike Coupe has hit back at criticism of its store standards – but admitted the grocer went through a “bumpy” patch during the summer.
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NewsHalfords interim profits down despite sales rise
Halfords has reported falling half-year profits despite a sales increase as it begins to implement its new strategy.
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NewsGame full-year losses shrink but sales remain flat
Game shrank its losses over its full year but sales remained stubbornly flat with its events business a notable bright spot.
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NewsSuperdry sales rise in 'challenging' first half
Superdry has posted an increase in sales during its first half amid what it called a “challenging backdrop”.
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NewsSainsbury's profits fall as restructuring costs bite
Sainsbury’s has suffered a fall in profitability during what chief executive Mike Coupe described as a “solid” first half.
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OpinionBryan Roberts: As rivals up their food game, so must M&S
Another day, another set of Marks & Spencer results that have more than a whiff of déjà vu.
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NewsMulberry hit by House of Fraser collapse as sales plunge
Mulberry UK retail sales plunged 11% in its first half as House of Fraser administration and “soft” retail conditions bite.
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NewsM&S profits rise but sales continue to fall
Marks & Spencer profits have risen but sales fell as boss Steve Rowe vows to “leave no stone unturned” in his quest to transform the business.
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NewsMorrisons hails ‘strong’ third-quarter sales
Morrisons has hailed a “strong” third-quarter performance despite suffering a slowdown from its summer sales spike.
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NewsThe Range posts profit fall after taking sterling hit
Profits at value general merchant giant The Range fell last year after the weakness of sterling hit performance.
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NewsM&S considered splitting food and fashion arms
Marks & Spencer looked into separating its food and apparel divisions but opted not to after deciding it would not create shareholder value.
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NewsAgenda: Sainsbury's, M&S, Morrisons, Primark and more
Retail Week looks ahead to the next seven days with updates from Marks & Spencer, Sainsbury’s, Morrisons, Primark and more on the agenda.
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OpinionOpinion: Rapid change must be catalyst for innovation
Starting a new role always comes with lots of firsts. Just over six months into my position as Ikea UK and Ireland country retail manager and it’s been a long list of personal firsts as I look to build on the successes of my predecessor Gillian Drakeford.
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NewsIkea UK sales buoyed by store openings and digital growth
Ikea has posted an increase in UK sales but insisted that the business would continue to evolve amid “a challenging retail and economic environment”.
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NewsCarpetright ‘heavily impacted’ by CVA ‘disruption’
Carpetright has admitted that trading in the first half of its financial year has been “heavily impacted by disruption” from its CVA plan.
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NewsConsumer confidence falls further in October
Consumer confidence faltered this month as shoppers concerns about their personal finances and the economy in the year ahead fell.
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NewsNext sales decline accelerates in third quarter
Next has recorded a drop in its overall third-quarter sales despite full-price and online revenue both rising.
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AnalysisRetail's credit crisis: does cut cover lead to collapse?
Retail is facing a credit crisis. In recent months trade credit insurers have pulled or reduced cover on some of the biggest businesses on the high street.
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OpinionOpinion: ‘Fiscal Phil’ hasn’t rescued consumer confidence
Cheers of delight reverberated around the House of Commons as self-proclaimed ‘Fiscal Phil’ announced the “era of austerity coming to an end”.