All City & finance articles – Page 180
-
News
Landlords prepare to take tougher stance on retail CVAs
Property owners are poised to take a more hard-nosed approach to retail CVAs.
-
News
Dixons Carphone warns on profits in tough market conditions
Dixons Carphone has warned that profits in its new financial year are expected to fall and detailed plans to shutter more than 90 stores.
-
News
Dunelm warns on profits as like-for-likes slide
Dunelm has issued a profit warning after experiencing “trading conditions materially more challenging than expected”.
-
News
Agenda: B&M, Card Factory and consumer confidence data
Retail Week looks ahead to the next seven days, with updates from B&M and Card Factory, plus the latest consumer confidence figures, all on the agenda.
-
News
Mountain Warehouse eyes New Look stores as profits soar
Mountain Warehouse has posted its 21st consecutive year of sales growth boosted by overseas expansion as boss Mark Neale plots a Neon Sheep bricks-and-mortar roll-out.
-
Interview
Interview: Why the king of the mall is betting on Westfield
Westfield’s shareholders voted in favour of Unibail-Rodamco’s acquisition of the shopping centre owner this morning. The latter’s boss Christophe Cuvillier reveals why he is making an £18.4bn bet on physical retail.
-
News
Shop Direct falls into the red as cost of PPI bites
Very and Littlewoods owner Shop Direct swung to a loss in its third-quarter after it booked £100m to pay PPI claims.
-
News
Topshop swings to full-year loss as sales suffer
Arcadia-owned Topshop has swung to a full-year loss following a sharp drop in sales and impairment charges on its property.
-
Opinion
Opinion: Could M&S be on Amazon's wish list?
Amazon has been linked with a raft of UK grocers since its acquisition of Whole Foods last year – talk that has increased in fervency following the shock Sainsbury’s-Asda merger.
-
News
M&S profits plunge as store closures hit bottom line
Marks & Spencer has recorded a slump in its full-year profits despite sales edging up due to costs associated with its store closure programme.
-
News
Topps Tiles profits crash as inflation hits
Topps Tiles’ profits have dropped dramatically due to inflationary pressures despite sales rising over the period.
-
News
Pets at Home sales rise fails to stem profits drop
Pets at Home’s sales rose over its last full-year but the retailer’s bottom line was dented by investment in lowering prices.
-
News
Halfords profits shrink as it hires new chairman
Halfords’ full-year pre-tax profits have dipped despite an increase in like-for-likes.
-
News
Marks & Spencer prepares for more store closures
Marks & Spencer is to accelerate its store closure programme, it is understood.
-
News
Next demands ‘CVA clauses’ from landlords
Next is asking landlords for lower rent on stores when neighbouring shops get a better deal through a CVA.
-
News
Poundland owner holds 'urgent' restructuring talks
Poundland’s owner Steinhoff has kicked off restructuring talks with its lenders to address the group’s “critical” debt position.
-
News
Agenda: M&S, Kingfisher and Halfords update the market
Retail Week looks ahead to the next seven days, with updates from M&S, Kingfisher, Halfords and Pets at Home on the agenda
-
Analysis
Analysis: Will Ocado’s US deal put it on the map?
The word “transformative” can sometimes be used loosely in today’s fast-moving retail landscape, but Ocado’s board could be forgiven for such language this week.
-
News
Carpetright launches share issue to fund CVA
Carpetright has issued shares in a bid to raise £60m to support its company voluntary arrangement (CVA) and restructure.
-
News
CMA opens investigation into Sainsbury’s-Asda merger
The Competition and Markets Authority has launched the first phase of its investigation into the mega-merger between the two members of the big four.