All City & finance articles – Page 243
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News
Majestic 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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News
River 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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Opinion
Opinion: 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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News
The 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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News
Made.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.
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News
M&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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News
Phase 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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News
Agenda: 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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News
Morrisons 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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News
The 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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News
Morrisons 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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News
Next'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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News
John 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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News
Schuh 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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News
Dunelm 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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News
Ikea 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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News
Ocado 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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News
JD 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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News
Update: 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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News
Dominic 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.