All City & finance articles – Page 244
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NewsLaura Ashley like-for-likes rise 4.1% while online sales soar
Laura Ashley has reported a healthy rise in full-year like-for-likes as strong furniture sales bolstered the retailer’s underperforming fashion arm.
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NewsJohn Lewis sales fall as hot weather sparks 'challenging' week
John Lewis sales dropped last week as the hot weather drove consumers away from shops during a “challenging” period of trading.
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NewsPoundland boss O’Byrne offered £2.7m in shares to stay under Steinhoff
Poundland boss Kevin O’Byrne has been offered a £2.7m share package to remain in charge under the ownership of Steinhoff.
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NewsRetail rich list 2016: The industry’s wealthiest 100
The tills are still jangling merrily for the world’s top retailers. But who has the most? Find out in Retail Week’s top 100 richest retailers.
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AnalysisInfographic: David Knight on the referendum plus the latest retail stats
The week in words and numbers, August 12, 2016: Strong trade for ScS, New Look’s LFLs fall 7% and Game’s UK gross transaction value drops 5%.
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NewsBHS: Top law firm to investigate retailer’s former directors
A leading law firm has been drafted in to help scrutinise the conduct of former BHS directors prior to the high-street chain’s collapse.
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NewsAlibaba first-quarter sales surge as mobile users drive growth
Alibaba reported its highest quarterly sales growth since its flotation in 2014 as mobile purchases outstripped desktop shoppers.
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NewsAgenda: Asda and Kingfisher to post second quarter results
Retail Week looks ahead to the next seven days with second quarter results from both Asda and Kingfisher on the agenda.
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NewsPoundland accepts increased takeover offer from Steinhoff
Value retailer Poundland has agreed to a higher takeover offer of £610.4m from South African retail suitor Steinhoff.
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NewsDFS unveils sales uplift and insists Brexit 'has not weakened demand'
DFS has posted a 7% increase in full-year sales and said it is “well positioned to mitigate economic headwinds” following the EU referendum.
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NewsZalando sales and profits soar in fruitful second quarter
Zalando has posted 25% sales growth and increased its full-year profit guidance as it continues to invest in the customer experience.
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OpinionOpinion: B&Q looks in good shape to fight Brexit and Bunnings threat
The DIY market is about to get a makeover and a rather exciting one at that, as Bunnings prepares to tackle the UK with its revamped Homebase stores.
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NewsStore Twenty One staff accuse retailer of failing to pay wages
Store Twenty One staff have laid bare a retailer allegedly unable to pay employees, who say they are trapped and angry due to their precarious employment.
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AnalysisBrexit: The expert verdict from the KPMG Ipsos Retail Think Tank
Retailers and consumers across the UK continue to face uncertainty as they weigh up the impacts of Brexit. Seven experts give their view.
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AnalysisInfographic: How Mattress Firm and Poundland fit into Steinhoff's jigsaw
Steinhoff has agreed to buy America’s biggest bedding retailer Mattress Firm and is on the verge of bringing value operator Poundland under its umbrella.
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NewsBoohoo full-year guidance inches up following 'robust' demand
Fast fashion etailer Boohoo has increased its sales figures guidance for its full year after “robust” demand in the first six months.
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OpinionOpinion: July sales figures give space to prepare for turbulence
There was welcome news today in the latest BRC and KPMG sales data. Total retail sales growth in July was the best since January, and like-for-likes also advanced.
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NewsNew Look profits tumble as like-for-likes slide in first quarter
New Look said profits and like-for-likes fell in the run-up to the EU referendum “with unfavourable market conditions impacting high street footfall”.
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NewsScS like-for-like orders jump as strong growth continues post-Brexit vote
ScS has reported increased full-year like-for-like sales as the retailer’s profit expectations remained unchanged despite the Brexit result.
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NewsEvans Cycles profits plunge as 'softer' market punctures performance
Evans Cycles has suffered a 69.4% slump in pre-tax profits after a “softer” cycling market affected its full-year performance.