All City & finance articles – Page 222
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News
Next warns of further headwinds as profits tumble
Next has suffered a drop in full-year profits and its chief executive Lord Wolfson warned of further “external headwinds” in the year ahead.
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Opinion
Opinion: Booker in spotlight ahead of Tesco tie-up
Booker boss Charles Wilson may find his phone ringing more regularly than usual on Thursday morning when he unveils its fourth-quarter results.
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News
Brantano enters administration with 1,000 jobs at risk
Brantano has tumbled into administration putting the future of its 73 stores and 64 concessions at risk.
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Cartoon
Blower’s retail cartoon: Argos sales beat Sainsbury's
Cartoonist Patrick Blower’s take on Argos outperforming parent company Sainsbury’s in fourth-quarter results in the nine weeks to March 11.
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News
Shoe Zone circles Brantano as administration looms
Shoe Zone has reportedly tabled a bid to buy ailing value footwear chain Brantano as it teeters on the edge of administration
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News
Kingfisher profits rise, RFU chairman replaces Bernard
Kingfisher has revealed rising profits and like-for-likes and named Rugby Football Union chairman Andy Cosslett as its chairman, succeeding Daniel Bernard.
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News
Seasalt sales rocket amid store expansion drive
Seasalt’s sales have soared, driven by like-for-like growth and an increased store estate.
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Opinion
Opinion: House of Fraser needs to change faster
No wonder British department store chiefs are sprucing up their businesses.
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News
ScS posts rise in sales and earnings in first half
ScS, the sofas and floorings specialist, has reported a rise in interim profits and expects to meet full-year expectations.
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News
Today in Retail: Tesco and White Company look overseas
As many retailers face into turbulent trading conditions on home soil, two of Britain’s finest have made headlines with their international operations today.
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Analysis
Who could help balance the French Connection board?
Some of French Connection’s biggest investors have piled further pressure on its boss under fire, Stephen Marks.
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Opinion
Opinion: Food retail has been hit by lack of strategy
It has become a meaningless cliché to talk about the increasing speed of change in retail, yet the recent dramatic news from the grocery trade is hard to keep up with.
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News
Breakfast briefing: high street footfall, Next and more
Retail news round-up: Footfall on UK high street declines, and Next may report drop in profit
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News
Edinburgh Woollen Mill new ‘frontrunner’ to buy Jaeger
Edinburgh Woollen Mill owner Philip Day has emerged as the frontrunner to acquire Jaeger, according to reports.
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News
House of Fraser to cull brands and relaunch website
House of Fraser is cutting the number of brands it sells as part of a strategic overhaul under its Chinese owners.
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Analysis
Infographic: JLP's bonus drop and Shop Direct plugs AI
The week in words and numbers, March 17, 2017: JLP chair Charlie Mayfield promises rise in staff bonus; Shop Direct boss Alex Baldock trumpets AI
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Analysis
Agenda: Next, Kingfisher and ScS financial updates
Retail Week looks ahead to the next seven days, with financial updates from Next, Kingfisher and ScS all on the agenda.
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News
Kurt Geiger and Endless eye up Jones Bootmaker deal
Footwear retailer Kurt Geiger and turnaround specialist Endless are among potential buyers of embattled Jones Bootmaker, it is understood.
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News
Argos outshines parent Sainsbury’s in fourth quarter
Grocery and general merchandise giant Sainsbury’s generated a like-for-like sales rise of 0.3% in the fourth quarter, including the contribution from Argos.
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Opinion
Opinion: Next's Wolfson must paint a prettier picture
It is almost a year ago to the day since Next boss Lord Wolfson issued a stark warning about the 12 months that lay ahead.