All City & finance articles – Page 237
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Analysis
Timeline: How Sainsbury's won the race for Argos
Sainsbury’s pulled off the biggest retail deal of the year when it sealed the £1.4bn acquisition of Argos owner Home Retail Group after a tussle for control.
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Cartoon
Blower’s retail cartoon: Tesco vs Unilever price fight
Cartoonist Patrick Blower’s take on Tesco’s stand-off over increases in product prices from Unilever due to sterling’s fall in value
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Analysis
Asos: Amazing stats hold lessons for other retailers
Fashion specialist Asos positions itself as a “global fashion destination for 20-somethings” and generally executes that ambition consummately.
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News
Sainsbury’s boss Coupe slams 'nonsensical' Argos critics
Sainsbury’s boss Mike Coupe has described it as “nonsensical” to suggest that Argos will not work alongside the grocer’s existing offer.
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News
Gap to scrap Banana Republic fascia in the UK
Gap has confirmed it will close all its Banana Republic stores in the UK, but will continue to trade the business online.
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News
Asos boss Beighton: 'It’s more of the same from the GMB'
Asos’s Nick Beighton has hit back at an attack from union GMB claiming the fast-fashion retailer was “coining it in”.
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News
Burberry sales edge up, bolstered by luxury spend in UK
Burberry has recorded a marginal rise in its first-half sales, driven by tourist spend in the UK following the depreciation of the pound.
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News
Asos full-year sales soar as US shoppers drive growth
Asos has reported a jump in sales across its UK and international markets as its active customer numbers and average order value rose.
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News
Fashion sector suffers steepest sales decline since 2009
Fashion retailers have suffered their steepest sales decline in seven years after almost £700m was wiped off the value of the market.
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News
Hamleys profits fall following £1m cost of Chinese takeover
Hamleys pre-tax profit reported a fall in pre-tax profits after the cost of its Chinese takeover dented earnings.
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News
Sir Philip Green hires lawyer in bid to clear his name
Sir Philip Green has hired a top human rights lawyer in a bid to clear his name following the inquiry into the collapse of BHS.
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News
Retailers to raise prices by 5% as pound hits new low
Retailers are preparing to raise prices by around 5% next year after the pound plummeted to a new low, analysts have warned.
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News
Mountain Warehouse puts IPO plan on ice
Mountain Warehouse has shelved plans for an IPO as the Brexit vote deterred its founder from floating the business, Retail Week can reveal.
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News
Agenda: Asos, Boots and Burberry update as Bucher joins Debenhams
Retail Week looks ahead to the next seven days as Asos, Boots, Burberry and Travis Perkins update, while Sergio Bucher takes the reins at Debenhams.
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News
Londis and Budgens owner Booker posts jump in profits
Food retailer and wholesaler Booker has hailed the progress of its Londis and Budgens chains after unveiling a jump in half-year profit.
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News
WHSmith’s profits rise as high street sales fall
WHSmith expects to report increased profits and group revenue for its full-year, but falling sales in its high street division.
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News
Game profits plunge 84% in 'undoubtedly tough' year
Game’s pre-tax profits have plunged 84% in what boss Martyn Gibbs described as an “undoubtedly tough” year.
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News
Kurt Geiger doubles full-year pre-tax profits
Kurt Geiger has doubled its full-year pre-tax profits, despite multiple changes of ownership in recent years.
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News
Dixons Carphone hit by Samsung phone recall
Dixons Carphone’s share price took a nose-dive this week immediately after Samsung pulled its new Galaxy Note 7 from shelves.
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Cartoon
Blower’s retail cartoon: Amazon tops Etail Power List
Cartoonist Patrick Blower’s take on the Etail Power List 2016, with Amazon, Shop Direct, John Lewis and Ocado vying for the first four places.