All City & finance articles – Page 240
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NewsAldi prepared to sacrifice more margin as it refuses to be beaten on price
Aldi is willing to further sacrifice profitability and even if necessary to sustain losses in order to maintain price competitiveness.
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NewsAmerican Apparel boss quits amid 'challenging' trading
American Apparel boss Paula Schneider, who was appointed to engineer a turnaround, has resigned amid reports of a possible sale.
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NewsTesco takes a knock as pension blackhole balloons to estimated £5bn
Tesco’s pension deficit has reportedly doubled to more than £5bn in the past year, which could threaten its ability to resume paying dividends.
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NewsAldi plans £300m store refresh initiative but profits slip
Aldi has unveiled plans to spend £300m on revamping its UK and Ireland stores, but its full-year profits were hampered by its investment in price.
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OpinionOpinion: Higher prices and squeezing suppliers won’t help retail performance
I have never known such uncertainty permeating the industry in more than 30 years. It makes for short-termism and muddy thinking.
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AnalysisBoohoo’s success testament to entrepreneurial blood, sweat and tears
Boohoo seems to be going from strength to strength as the pure-play posts its interim results on Tuesday.
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AnalysisAnalysis: Will Sports Direct's shake-up soothe disgruntled investors?
Mike Ashley’s efforts to get the Sports Direct house in order took another dramatic turn today as chief executive Dave Forsey quit.
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NewsCo-op profits shrink but sales grow in its half-year amid investment drive
Like-for-like sales at Co-op’s convenience arm jumped 4.3% in its half-year, but profits sank 51% following investment and pay increases.
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VideoThe Retail Week: Majestic, Bonmarché, fashion woes and changing employment
Looking back at the week the team discusses fashion issues and innovators and the changing face of employment within the sector.
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NewsAgenda: Sainsbury's, Boohoo, Moss Bros and MySale post updates
Retail Week looks ahead to the next seven days with updates from Sainsbury’s, Boohoo, Moss Bros and MySale all on the agenda.
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NewsAsda launches second wave of price cuts in less than a fortnight
Big four giant Asda has launched a fresh wave of price cuts, less than two weeks after it last slashed prices, Retail Week can reveal.
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NewsN Brown faces £8m costs after customer compensation error
N Brown faces costs of up to £8m after it wrongly calculated compensation after complaints from customers in its financial services division.
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NewsM&S staff that reject pay changes could lose jobs, says MP
MP Siobhain McDonagh claims that leaked documents from Mark & Spencer indicate the retailer could cut staff that reject a pay deal.
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NewsZara owner Inditex profits and sales rise as store expansion rolls on
Spanish fashion retail giant Inditex has reported a rise in first-half profits and sales as it continues to grow its global store network.
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NewsBonmarché issues profit warning after 'extremely poor' September
Bonmarché has lowered its full-year profits forecast after an “extremely poor” September and ongoing uncertainty over market conditions.
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NewsMajestic warns on profits as Naked Wines US campaign falters
Majestic Wine has warned its full-year profits will fall below expectations as it blamed “isolated” factors on hampering its progress.
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NewsRiver Island profits and sales flat in 'challenging environment'
River Island has posted flat full-year profits and sales, but boss Ben Lewis labelled it a “good set of results in a challenging environment”.
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OpinionOpinion: John Lewis takes short-term profit pain for long-term gain
Bellwether retailer the John Lewis Partnership, which rarely puts a foot wrong, appears to have stumbled over falling profits.
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NewsThe Entertainer has seventh year of growth and pushes for personalisation
The Entertainer has posted a seventh consecutive year of sales growth in what founder Gary Grant described as a “momentous period”.
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NewsMade.com sales rocket as the pureplay hits breakeven in the UK
Made.com’s full-year sales jumped 44% as the furniture etailer continued to grow its global footprint and reached breakeven in the UK.