All City & finance articles – Page 188
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NewsAgenda: John Lewis, Kantar, BRC KPMG, Retail Week Live
Retail Week looks ahead to the next seven days, with an update from John Lewis and Retail Week Live on the agenda.
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NewsNew Look plans 60% rent reductions under potential CVA
New Look is planning to slash rents by up to 60% under the terms of a potential company voluntary arrangement (CVA) being discussed with landlords.
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NewsCarpetright issues third profit warning in three months
Carpetright has warned on profits for the third time in as many months as it kicks off talks with lenders to ensure compliance with its existing loans.
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NewsB&Q parent Kingfisher reveals gender pay gap
Kingfisher has published its gender pay gap across its UK fascias, revealing the lowest disparity of any major retailer to date across all measures.
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NewsNew Look consults bondholders to pave way for CVA
New Look has kick-started a consultation with its bondholders in the clearest indication yet that it will launch a company voluntary arrangement (CVA).
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NewsAmazon snaps up smart doorbell firm Ring in $1bn deal
Amazon has purchased smart doorbell company Ring for more than $1bn (£720m), in one of the etailer’s largest acquisitions to date.
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AnalysisAnalysis: How Tesco-Booker can hit the ground running
Tesco’s £3.7bn swoop for wholesale titan Booker overcame its final hurdle today when shareholders of both businesses approved the deal.
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NewsTesco-Booker deal given green light by shareholders
Tesco’s £3.7bn takeover of wholesale titan Booker is all but complete after shareholders in both businesses voted in favour of the deal.
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NewsMaplin enters administration after rescue talks collapse
Maplin has plunged into administration just hours after last-ditch talks with potential buyer Edinburgh Woollen Mill failed.
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NewsWickes and Toolstation profits hit in 'challenging' year
Wickes and Toolstation owner Travis Perkins has suffered a fall in profitability within its retail division amid an “increasingly challenging” UK DIY market.
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NewsMaplin and EWM race to secure rescue deal
Maplin’s negotations with potential buyer Edinburgh Woollen Mill have reached a standstill despite the imminent prospect of administration.
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NewsPavers snaps up rival Jones Bootmaker in pre-pack deal
Jones Bootmaker has been sold for the second time in less than a year to rival footwear chain Pavers.
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OpinionOpinion: City ignores potential for retail reinvention
“Not all retail is equal” was the overriding message today from David Atkins, the boss of shopping centre landlord Hammerson.
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NewsAgenda: Primark, Wickes and consumer confidence
Retail Week looks ahead to the next seven days, with updates from Primark and Wickes and the GfK Consumer Confidence Index on the agenda.
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AnalysisAnalysis: Could Sir Philip pull off an Arcadia deal?
Reports that Sir Philip Green is in the process of selling Arcadia to Chinese textiles firm Shandong Ruyi have been aggressively rebutted.
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NewsHotel Chocolat shrugs off market woes as profits climb
Hotel Chocolat hailed a “successful” Christmas as it posted healthy rises in profits and sales during its first half.
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NewsBunnings losses widen as UK business reviewed
Bunnings’ UK losses widened in its first half as its Australian owner Wesfarmers considers the future of its British operations.
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OpinionOpinion: Arcadia ‘sale’ reaction sends message on deals
Arcadia billionaire Sir Philip Green was on typically pugnacious form this week as he dismissed a report that he is seeking to sell up.
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NewsFrank Field urges pension deficit deal probes
Frank Field MP has urged The Pensions Regulator to scrutinise any M&A deals involving pension deficits following the collapses of Carillion and BHS.
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NewsMaplin in talks with EWM as it races to secure sale
Maplin is understood to be in crunch talks with potential new suitors, including Edinburgh Woollen Mill, as the struggling electricals firm urgently seeks a “solvent sale”.