All City & finance articles – Page 238
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NewsTed Baker boss Kelvin: 'No one wants Black Friday'
Ted Baker boss Ray Kelvin said today that the retailer will reluctantly participate in Back Friday.
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AnalysisSecret success: Home Bargains – from single store to value powerhouse
It began with takings of only £85 a week. Today, however, the value retailer Home Bargains turns over almost £1.5bn annually.
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NewsTed Baker profits soar, driven by international sales
Ted Baker has reported rising half-year profits and sales as it plans further international expansion despite “challenging trading conditions”.
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NewsMatalan profits surge in second quarter but sales slide
Discount fashion retailer Matalan has unveiled soaring profits as its EBITDA rockets 570% to £15.4m in its second quarter.
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NewsBig four grocers to get £173m business rates reduction on larger stores
The big four grocers will receive a £173m tax reduction on their larger stores over the next five years following the business rates revaluation.
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NewsWalmart increases stake in etailer JD.com as it grows online business
Walmart has almost doubled its stake in Chinese etailer JD.com as the world’s biggest retailer continues to bolster its online presence.
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VideoThe Retail Week: Tesco on the front foot, mixed homewares and fashion ahead
This week the team discuss the rebounding fortunes of Tesco, mixed results in furniture and homeware and look ahead to results next week.
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NewsAgenda: WHSmith, N Brown and Ted Baker post financial results
Retail Week looks ahead to the next seven days in the industry with updates from WHSmith, N Brown and Ted Baker on the agenda.
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NewsDFS full-year profits and sales rise as growth strategy bears fruit
Sofa specialist DFS has hailed a jump in annual sales and profits as its “tried and tested” growth strategy continues to pay off.
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NewsTopps Tiles boss Williams: Brexit will not dent store expansion plans
Topps Tiles boss Matthew Williams has insisted the retailer will pursue its aggressive expansion plan despite Brexit’s impact on consumer confidence.
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OpinionOpinion: Tesco's growing capability and confidence is promising
Tesco boss Dave Lewis should be congratulated on progress, but his job isn’t even half done yet, says Shore Capital analyst Clive Black.
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CartoonBlower’s retail cartoon: London retailers hit by business rates revaluation
Cartoonist Patrick Blower’s take on the revaluation of business rates causing significant increases in costs for retailers in the capital.
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NewsTesco’s Lewis confident of margin recovery in 'next phase' of turnaround
Tesco boss Dave Lewis is confident the grocer can rebuild margins as it moves into “the next phase” of its turnaround plan.
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NewsTopps Tiles reveals fourth-quarter blip in otherwise strong year
Topps Tiles has posted increased like-for-likes at its pre-close update, but revealed that its like-for-like growth slowed during the fourth quarter.
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NewsTesco profits fall but sales up as turnaround plans bear fruit
Tesco’s half-year sales have risen but pre-tax profits fell, while chief executive Dave Lewis unveiled plans to rebuild margins to 4%.
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NewsForecourt retail giants merge and name ex-Asda boss DeNunzio chairman
Forecourts operator Euro Garages is to merge with continental counterpart EFR and has drafted in former Asda boss Tony DeNunzio as chairman.
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NewsScS back in the black as profits spurred by strong sales
ScS has reported a return to profit as the retailer eyes further bricks-and-mortar expansion and sales at its House of Fraser concessions increase.
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NewsLiam Gallagher’s Pretty Green reports soaring profits and sales
Menswear retailer Pretty Green’s full-year sales and profits rocketed in the year to September 30, 2015 and trading in 2016 has also been positive.
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NewsWoolworths mulls selling petrol station chain as it refocuses on grocery
Australian grocer Woolworths is considering selling its petrol station forecourt business in a move that could net it A$1.5bn (£890m).
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NewsCath Kidston sold to private equity group Baring Asia as chairman steps down
Lifestyle retailer Cath Kidston has been sold to private equity firm Baring Asia, and Asian expansion is at the top of the agenda.