All City & finance articles – Page 201
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News
Agenda: WHSmith, shop prices and consumer confidence
Retail Week looks ahead to the next seven days, with a pre-close update from WHSmith, the latest Shop Price Index and an update on consumer confidence all on the agenda.
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News
Mobile slowdown dims Dixons Carphone’s shine
Dixons Carphone released first-quarter results with a boost in sales across the board today – so why has its share price slumped?
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News
Dixons warns on profits as mobile market bites
Dixons Carphone has issued a profit warning, blaming the tough UK mobile phone market for its woes.
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News
Tesco opens £85m investor compensation scheme
Tesco has opened a £85m compensation scheme to make payouts to thousands of shareholders in the aftermath of its accounting scandal.
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News
Laura Ashley profits nosedive in ‘challenging’ year
Laura Ashley profits and sales plummeted at the full-year mark, which the retailer attributed to challenging trading conditions and the weak pound.
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News
Game’s full-year sales edge up despite UK slump
Game has reported a nominal rise in its full-year sales, driven by an improved performance in its second half.
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News
Ex-BHS owner Dominic Chappell to be prosecuted
The Pensions Regulator is set to prosecute Dominic Chappell following his failure to hand over information and documents during its investigation into BHS’ sale.
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Opinion
Opinion: Card Factory exposes Clintons’ house of cards
As more and more shoppers jump on the Card Factory bandwagon, its biggest rival Clintons is fast being exposed as a house of cards.
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News
Ashley ups Debenhams interest with direct stake
Mike Ashley has increased his interest in ailing department store Debenhams once again and, for the first time, has taken a direct stake.
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News
The Hut Group snaps up major beauty retailer
The Hut Group has bolstered its beauty offer, acquiring a major Australian beauty retailer just one week after buying Glossybox.
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News
Clintons’ losses mount as business costs bite
The greetings card specialist expects tough trading after increased losses in its past financial year but is confident improvements will deliver results.
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News
iCandy collapse cost former Clinton boss nearly £1m
Retail entrepreneur Clinton Lewin lost almost £1m as a result of the collapse of his iCandy greetings card business.
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News
New Look targeted by distressed debt investors
US distressed debt investors are seeking to acquire bonds of embattled fashion retailer New Look.
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News
Agenda: Grocery sales data from Kantar and Nielsen
Retail Week looks ahead to the next seven days, with the latest grocery market share data from Kantar and Nielsen on the agenda.
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Data
Data: Asda’s three-year struggle for sales growth
After three years of sales decay, Asda finally turned the corner today by returning to like-for-like growth.
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News
Asda stems sales decay with first rise in three years
Asda has posted its first quarter of sales growth for three years as the embattled grocer’s turnaround efforts build momentum.
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News
Bunnings racks up losses in maiden full year
Wesfarmer-owned DIY retailer Bunnings made a loss in its first full year on these shores as it kick-started its assault on the UK DIY market.
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News
Laura Ashley warns on profits ahead of full-year results
Laura Ashley has issued its second profit warning in the space of six months amid “demanding” trading conditions.
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News
John Lewis sales spurred by fashion and electricals
John Lewis sales spiked last week as womenswear and electricals drove the department store chain’s performance.
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News
Hut Group snaps up Glossybox and hits £2.5bn valuation
The Hut Group’s latest funding round has more than doubled its valuation as the health and beauty etail group acquired cosmetics subscription business Glossybox.