All City & finance articles – Page 238
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NewsBHS: Dominic Chappell 'bled it dry', says Paul Sutton
Former BHS owner Dominic Chappell “bled it dry”, according to the man who introduced him to the idea of buying the retailer.
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NewsRetailers urged to prepare for launch of new £1 coin
The Treasury has advised businesses to start preparing now for the introduction of the new £1 coin.
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AnalysisAnalysis: Can Jill McDonald take Halfords up another gear?
It is now a year since Halfords boss Jill McDonald unveiled her ‘Moving Up a Gear’ strategy for the cycling and motoring retailer.
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NewsTesco investors file damages claim for over £100m
A group of 125 shareholders have filed a claim for more than £100m in damages from Tesco following the grocer’s accounting scandal.
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NewsAll Saints profits rise as it targets overseas expansion
All Saints has posted its fourth consecutive year of rising profits and sales and targeted further international growth.
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NewsTK Maxx profits jump amid 'aggressive' cost controls
TK Maxx has posted a jump in full-year pre-tax profits after growing sales and focusing “aggressively” on cost controls.
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OpinionThis week in retail: MPs debate the living wage nightmare
Forget the ghosts and ghouls, black cats and bats that will come out for Halloween today – there’s something else giving retailers nightmares.
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NewsToday in retail: Zero Christmas profits from Amazon?
Imagine a quoted UK retailer telling the City that it might make no money over the peak Christmas trading period. Zilch. Not a sausage.
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NewsLenta to acquire rival Kesko's grocery business
Russia’s largest hypermarket chain Lenta has penned a multi-billion ruble deal to acquire rival Kesko’s grocery business.
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NewsAmazon sales soar but profits lower than expected
Amazon has revealed lower than expected profits despite soaring sales in its third quarter.
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NewsConsumer confidence drops as sterling declines
Consumer confidence has dropped two points, driven by the sharp decline in the value of the pound.
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NewsAgenda: Next and Morrisons post updates
Retail Week looks ahead to the next seven days with third-quarter trading updates from Next and Morrisons both on the agenda.
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NewsSelfridges profits hit by £300m Oxford Street revamp
Selfridges has suffered a dip in full-year profits after investing heavily in revamping its flagship Oxford Street store.
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NewsDebenhams like-for-likes and profits edge up in full-year
Debenhams’ like-for-like sales and profits have crept up as its strategy to rebalance towards non-clothing starts to pay off.
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NewsToday in retail: Government responds to BHS inquiry
The Government has responded to the parliamentary select commitee inquiries into BHS and the message to retailers, and other businesses, is that they are going to be under scrutiny.
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NewsShoe Zone sales drop as it shutters loss-making stores
Shoe Zone expects full-year sales to drop by about 4% as it presses ahead with plans to shutter loss-making stores.
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NewsCarpetright suffers fall in first-half like-for-likes
Carpetright has posted a drop in like-for-likes during its first half and warned that the fall in the value of the sterling will dent margins.
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NewsEx-Tesco trio to stand trial for fraud next September
The three former Tesco executives charged with fraud over the grocer’s £263m accounting scandal will stand trial next September.
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NewsAgenda: Debenhams and Carpetright post updates
Retail Week looks ahead to the next seven days as Debenhams prepares to unveil full year figures and Carpetright posts its latest quarterly update.
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NewsFive takeaways from Carrefour's third-quarter update
Carrefour’s third-quarter results revealed it is moving in the right direction in many markets, with operations in France in particular making gains.