All City & finance articles – Page 234
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News
Agenda: Asda, B&M and Majestic Wine update
Retail Week looks ahead to the next seven days with Asda, B&M and grocery sales figures all on the agenda.
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News
Today in retail: John Lewis Christmas advert is revealed
John Lewis unveiled its highly anticipated Christmas campaign this morning, causing not a few teary eyes on morning commutes.
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News
SuperGroup sales soar in stellar half year
SuperGroup’s sales have rocketed in an impressive half year, where revenues rose across all divisions.
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News
Halfords profits plunge but like-for-likes creep up
Halfords like-for-likes inched up across the group’s retail and autocentre segments but profits plunged in its half-year results.
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Analysis
In, out, shake it all about – M&S’s overseas Hokey Cokey
Marks & Spencer is closing company-owned businesses in 10 foreign markets, but boss Steve Rowe says it is not turning its back on international opportunity.
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News
Today in retail: Sainsbury's and The Donald in the news
The world has spent the day talking about Donald Trump and so have retailers mulling over the implications of his election as US president.
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News
Sainsbury's Coupe: We have no idea of cost inflation
Sainsbury’s boss Mike Coupe admitted he has “no idea” of the inflationary pressures that will emerge next year, but vowed to maintain its price position.
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News
Burberry profits drop despite soaring UK like-for-likes
Burberry reported a slump in its first-half profits as rising like-for-likes in the UK failed to offset falling sales in Europe and Hong Kong.
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News
Sainsbury’s profits fall as like-for-like sales dip
Sainsbury’s first-half profits dropped while like-for-like sales edged down as the grocer drives its initiative for everyday low prices despite “challenging market conditions”.
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Video
Watch: M&S's half-year results discussed
We reflect on Steve Rowe’s comments about how he intends to turn around Marks & Spencer’s fashion fortunes.
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News
Today in retail: Rowe upbeat despite fashion sales fall
M&S boss Steve Rowe was on fighting form when I saw him earlier today at the interim results meeting.
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News
M&S’s Rowe vows to keep prices down despite sterling fall
Marks & Spencer chief executive Steve Rowe has pledged to keep prices down for customers despite sterling’s plunge.
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Analysis
Analysis: Are Rowe's fashion plans too late for M&S?
Despite Steve Rowe setting out in May plans to recover and grow Marks & Spencer’s struggling clothing division, there remains little visible improvement.
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Opinion
Opinion: B&M is well placed to capitalise on economic downturn
Like its publicly listed counterparts, B&M has endured a difficult time on the stock market since Britain’s vote to quit the EU.
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Opinion
Opinion: Rowe’s roadmap for M&S puts focus on better stores
Having trodden the time-honoured path from shopfloor to boardroom, M&S chief executive Steve Rowe won’t have taken the decision to close stores lightly.
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News
New Look narrows pre-tax losses but sales tumble
New Look has narrowed its pre-tax losses but suffered a sales slump amid an “extremely challenging” first half.
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News
Primark profits rise but weather dents UK like-for-likes
Primark has posted a rise in full-year profits but blamed “unseasonable weather” and “cautious” consumers for a fall in like-for-like sales.
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News
Booths slumps to pre-tax loss as storms dampen sales
Booths has slumped to a pre-tax loss after food price deflation and Storm Desmond dampened its full-year performance.
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News
Today in retail: Sainsbury's 'brain gain' gathers pace
It’s been a year of acquisitions for Sainsbury’s, most notably the additions of Argos and Habitat to its growing business.
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News
Today in retail: Christmas ad TV battle blasts off
The starting gun has well and truly been fired on the battle for the most popular Christmas ad.