All City & finance articles – Page 240
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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.
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News
Ted 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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Analysis
Secret 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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News
Ted 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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News
Matalan 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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News
Big 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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News
Walmart 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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Video
The 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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News
Agenda: 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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News
DFS 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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News
Topps 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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Opinion
Opinion: 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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Cartoon
Blower’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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News
Tesco’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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News
Topps 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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News
Tesco 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%.