All City & finance articles – Page 229
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News
Today in retail: Morrisons' extra festive cheer surprises
So how did Morrisons achieve its best Christmas in seven years?
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Analysis
Opinion: Will a brands sale focus Sports Direct?
For some time now, Mike Ashley has been aware that drastic action is needed at his beloved Sports Direct.
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News
Co-op hails 'outstanding' Christmas sales growth
The Co-op has hailed an “outstanding” Christmas after increased availability and the success of its own-label ranges drove sales.
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News
Majestic Wine Christmas sales jump in 'tough market'
Majestic Wine recorded its “biggest ever” Christmas in like-for-like sales as the specialist retailer cut its prices to compete with the discounters.
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News
Morrisons' Christmas like-for-likes hit seven-year high
Morrisons has reported soaring like-for-like sales during the festive period driven by its fresh food offer and premium ranges.
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News
Breakfast briefing: Matalan, retail sales and more
Retail news round-up: Matalan reports rise in sales, and last-minute Christmas rush boosts UK retail sales
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News
Mike Ashley claims Odey backing is 'highly significant'
Sports Direct boss Mike Ashley has welcomed backing from one of the retailer’s key investors and said the support is “highly significant”.
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News
Today in retail: Aldi brings good tidings for discounters
Aldi proved plenty of soothsayers wrong today, hitting back at the weekend’s gloomy headlines by grabbing plenty of positive column inches with its best-ever Christmas.
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News
Aldi’s premium ranges drive Christmas sales spike
Aldi has posted a jump in December sales, driven by the success of its expanded luxury ranges.
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News
Boohoo.com bid for Nasty Gal moves step closer
Boohoo.com’s acquisition of US brand Nasty Gal has moved a step closer after the US Bankruptcy Court approved the process to sell its assets.
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News
Maplin Christmas sales soar as drones take off
Maplin has hailed “one of its strongest Christmas trading periods” as drones helped sales fly during the golden quarter.
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Analysis
Listen: Top economist Bootle on Brexit and 2017 outlook
Retailers should prepare for a slowdown in consumer spending this year but it may not be as bad as feared, believes leading economist Roger Bootle.
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News
Mountain Warehouse toasts bumper Christmas sales
Outdoor clothing specialist Mountain Warehouse has toasted an “outstanding” Christmas trading performance as like-for-likes jumped 13.6%, Retail Week can reveal.
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Video
The Retail Week: Next, B&M Bargains and grocery results
The Retail Week team sits down to discuss the first results to come in after Christmas and look ahead to how the grocers will fare.
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News
HMV and Staples owner Hilco names Henry Foster as new boss
HMV owner Hilco Capital has appointed Henry Foster as its new chief executive, replacing Paul McGowan at the helm.
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News
Nisa sales rise over Christmas as promotions pay off
Nisa’s like-for-likes climbed during the Christmas trading period as investments in seasonal promotions drove sales.
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News
The Fragrance Shop posts jump in Christmas sales
The Fragrance Shop registered an increase in like-for-like sales during the Christmas period, driven by the performance of luxury brands.
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News
B&M Bargains sales soar in run-up to Christmas
B&M Bargains sales rocketed in the three months to Christmas Eve, with UK like-for-likes rising 7.2%.
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News
Shop prices fall but rate of decline starts to slow
Shop prices fell once more in December but the rate of decline has begun to slow.
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News
Next's pre-Christmas sales slump as price rises loom
Next’s full-price sales fell in the all-important fourth quarter, contrary to the retailer’s expectations.