All City & finance articles – Page 241
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NewsM&Co celebrates best profit performance in five years and seeks more stores
Value fashion retailer M&Co has posted its best results in five years, and has made a good start to its new financial year.
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NewsPhase Eight profits and sales rise following Foschini acquisition
Phase Eight’s sales and profits have risen following its acquisition by South African retail group Foschini in January 2015.
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NewsAgenda: B&Q owner Kingfisher and French Connection unveil half-year results
Retail Week looks ahead to the next seven days with half-year results from B&Q owner Kingfisher and French Connection on the agenda.
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NewsMorrisons boss Potts: We ‘fired on all cylinders’ during first half
Morrisons boss David Potts has hailed the grocer’s first half performance and said it “fired on all cylinders” around key events.
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NewsThe Works profits surge as it aims to double number of stores
Discount retailer The Works has posted a 37% jump in full-year profits and is aiming to double the size of its store estate.
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NewsMorrisons half-year profits jump as turnaround efforts bear fruit
Morrisons has registered an 11% jump in half-year pre-tax profit as boss Dave Potts’s turnaround efforts continue to gain momentum.
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NewsNext's half-year profits fall amid plans to increase prices in 2017
Next has reported a dip in pre-tax profits during the first half of its financial year and unveiled plans to increase prices in 2017.
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NewsJohn Lewis Partnership half-year profits hit as it invests 'for long term'
John Lewis Partnership has posted a 14.7% drop in half-year pre-tax profits and warned that its expects to cut staff numbers.
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NewsSchuh grows full-year turnover as pre-tax profits step up
Schuh has reported soaring profits and rising sales for the year after opening in Germany and launching standalone children’s stores.
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NewsDunelm sales and profits rise in Browett’s first year
Homewares retailer Dunelm’s full-year sales and profits have risen in boss John Browett’s first year as its chief executive.
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NewsIkea group sales jump as it prepares to enter India and Serbia
Ikea has hailed a year of “solid growth” as the furniture giant prepares to launch a bricks-and-mortar presence in two new markets.
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NewsOcado CFO: 'We could not be better placed' to weather storm
Ocado finance boss Duncan Tatton-Brown says the etailer “could not be better placed” to ride out the challenges of the grocery market.
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NewsJD Sports to launch in Australia as profits and sales soar
JD Sports has unveiled plans to set up shop in Australia amid a record half-year for the retailer with pre-tax profits rocketing 66%.
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NewsUpdate: Beales department store to shut a third of branches following CVA
Beales will shut a third of it stores in cost-saving measures, after completing its CVA (Company Voluntary Arrangement).
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NewsDominic Chappell's former advisors to be probed over BHS sale
Two consultants who advised Dominic Chappell prior to his £1 purchase of BHS will be questioned by The Insolvency Service.
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NewsPaperchase considers float to fuel international ambitions
Paperchase is being primed for a £150m stock market flotation around two years after its owners had considered a sale of the business.
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AnalysisThis week in retail: John Lewis' Andy Street eyes move from tills to town hall
Thursday brings results and updates from a raft of retail’s biggest names, as Next, Morrisons and John Lewis update.
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NewsGreen apologises for 'sorry affair' of BHS as he seeks pension solution
Tycoon Sir Philip Green has insisted he is working “daily” to find a solution to the BHS pension deficit crisis and apologised for the “sorry affair”.
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NewsAgenda: John Lewis, Next, Morrisons, Primark and JD Sports all update
Retail Week looks ahead to a packed seven days with updates from John Lewis, Next, Morrisons, Primark, Ocado and JD Sports all on the agenda.
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AnalysisDixons first-quarter like-for-likes rise: what the analysts say
Dixons Carphone posted a 9% increase in its first-quarter sales, bolstered by strong like-for-likes. Here’s the City’s reaction.