All City & finance articles – Page 187
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News
New Look circled by ‘vulture fund’ investor
New Look has caught the eye of distressed investment specialist Alchemy Partners.
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News
Toys R Us UK on brink due to £15m tax bill
Toys R Us UK is reportedly searching for a rescue deal to prevent it from falling into administration at the end of the month.
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News
Agenda: McColl's, Asda, Dunelm, Bunnings and Hotel Chocolat
Retail Week looks ahead to the next seven days, with updates from McColl’s, Asda, Dunelm, Bunnings and Hotel Chocolat on the agenda.
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News
January's inflation close to six-year high
Inflation was at its highest in nearly six years last month, upping the chance of another interest rate rise in the coming months.
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News
Clintons parent company owner sells majority stake
The owner of Clintons parent company American Greetings has sold a majorty stake in the business to a US investment firm.
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Analysis
Analysis: How to measure success in the multichannel age
Like-for-likes, EBITDA, NPS score? What is the real measure of success in the multichannel age? Gemma Goldfingle investigates.
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News
H&M abandons shareholder reinvestment plan
H&M has called time on a proposal to encourage shareholders to reinvest their dividends in new stock.
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Opinion
Opinion: Sports Direct deal takes Game to next level
When it comes to the maverick mind of Sports Direct founder Mike Ashley, it is rarely clear what game he is playing.
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News
House of Fraser drafts in Rothschild to refinance debt
House of Fraser has drafted in Rothschild to assess refinancing a chunk of its debt pile, days after its credit insurance was cut.
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News
Toys R Us seeks £120m as payment deadline looms
Toys R Us is urgently pursuing £120m in funding to pay off loans and overhaul its store estate as the retailer fights for survival.
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News
Agenda: H&M, ONS, Valentine's Day and Chinese New Year
Retail Week looks ahead to the next seven days, with H&M’s capital markets day, ONS retail sales data, Valentine’s Day and Chinese New Year on the agenda.
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News
HMV saviour Hilco eyes Toys R Us acquisition
Retail restructuring and turnaround specialist Hilco is among the potential buyers of the troubled British arm of Toys R Us.
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News
Booker stakeholder attacks Tesco offer as too cheap
A stakeholder in wholesale and retail giant Booker has labelled Tesco’s £3.7bn offer as “insufficient”.
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News
New Look sales plunge in ‘challenging’ quarter
New Look has posted a nosedive in online and store sales, but boss Alastair George said new initiatives will “get the company back on track”.
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Opinion
Opinion: Tesco's Wilson can cook up recipe for success
Tesco’s hat-trick of revelations ahead of the imminent completion of its £3.7bn Booker acquisition was greeted with a surprisingly subdued response from the market.
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Analysis
H&M: What went wrong and how it can be fixed
H&M’s weaknesses were laid bare last week when the world’s second-biggest fashion retailer admitted that it had “made some mistakes”.
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Analysis
Profile: Tesco's new UK boss Charles Wilson
Tesco revealed this morning that Charles Wilson will succeed Matt Davies as boss of its core UK business following completion of the Booker merger.
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News
Bunnings owner Wesfarmers mulls UK exit
Wesfarmers has admitted it is reviewing the future of Bunnings in the UK after revealing a AUS$1bn write-down relating to its Homebase acquisition.
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News
House of Fraser suppliers have credit insurance cut
House of Fraser suppliers have seen their credit cover cut following a downgrade in its credit by ratings agency Moody’s.
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News
Carphone Warehouse founder in frame for Jigsaw deal
Carphone Warehouse co-founder David Ross is on the verge of investing in fashion retailer Jigsaw.