All City & finance articles – Page 197
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NewsBrightHouse circled by consortium of US hedge funds
BrightHouse is being circled by a consortium of bondholders as pressure mounts on the rent-to-own retailer to strike a refinancing deal.
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AnalysisBig ticket: Is it boom or bust for home and furniture?
Against an uncertain backdrop, updates from ScS, Topps Tiles, DFS and Made.com have given a vital temperature check on the health of the home and furniture sectors.
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NewsOasis, Coast, Warehouse sale abandoned by Kaupthing
Icelandic bank Kaupthing has abandoned plans to sell Oasis, Coast and Warehouse after insisting the market “does not currently recognise the value” of the businesses.
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NewsNisa names Misra interim boss as first-half sales jump
Nisa named non-executive director Arnu Misra as interim chief executive as it unveiled an uplift in sales during its first half.
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NewsWholesalers call on CMA to block Tesco-Booker merger
The bosses of the UK’s seven biggest wholesale businesses have called on the Competition and Markets Authority (CMA) to block the deal.
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NewsDFS profits plunge in ‘very challenging’ furniture market
Sofa stalwart DFS said full-year profits were hit by consumer uncertainty and sterling’s slump in the wake of the Brexit vote.
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OpinionOpinion: WHSmith's high street shops can fly high again
WHSmith – celebrating its 225th anniversary this year – will show how its travel business has continued to soar when it issues preliminary results next week.
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NewsToday in retail: Tesco's triumphant turnaround
Three years since Dave Lewis took the reins at grocery Goliath Tesco, the transformation under his leadership has been nothing short of remarkable.
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NewsMade.com generates maiden UK profits as sales rise
Online furniture retailer Made.com became profitable in the UK last year as its sales “fast approach” the £100m mark.
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NewsClive Black: Tesco is back on its grocery throne
Tesco’s recuperation from the depths of corporate despair has been a time-consuming one.
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NewsTesco's Lewis: We're narrowing price gap to discounters
Tesco boss Dave Lewis insists Britain’s biggest retailer has narrowed the price gap to discount duo Aldi and Lidl, despite the inflationary grocery market.
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NewsTopps Tiles says ‘tougher’ market will hit profits
Topps Tiles full-year profits are expected to come in at the lower end of expectations amid “tougher” market conditions.
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NewsTesco profits rocket as turnaround gathers pace
Tesco has posted surging half-year profits as the retailer clocked up seven consecutive quarters of sales growth in its core UK business.
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NewsScS profits and sales up as it reaches 100th store
Sofa specialist ScS’ profits and sales rose in its full year as it reached the milestone of opening its 100th store.
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NewsAngling Direct reels in rival fishing retailer Fosters
Angling Direct has snapped up rival Fosters Fishing as it presses ahead with its ambitious expansion plans.
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OpinionOpinion: Reputable retailers must prioritise diversity
I have two daughters. As with any parent, I am immensely proud of them. They never cease to surprise me.
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NewsAgenda: Tesco, DFS, SCS and Topps Tiles update the market
Retail Week looks ahead to the next seven days, with financial updates from Tesco, DFS, SCS and Topps Tiles all on the agenda.
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NewsToday in retail: Moss Bros suits up for overseas push
After delivering a jump in pre-tax profit at its half-year stage, Moss Bros is in a confident enough mood to step up its overseas plans.
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NewsMoss Bros tailored for success as profits rise
Moss Bros has reported a jump in interim profits as like-for-like sales grew despite what boss Brian Brick described as “an unpredictable economic backdrop”.
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OpinionOpinion: No one in big ticket is sitting comfortably
As inflation rises, wage growth stagnates and uncertainty abounds in the wake of the Brexit vote, consumer confidence cannot be taken for granted.