All City & finance articles – Page 245
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NewsMcColl’s third-quarter like-for-likes fall as newsagent arm hurts sales
McColl’s has recorded a drop in its like-for-likes despite rising overall sales as it focuses on expanding its convenience offer.
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NewsEx-Tesco finance boss McIlwee cleared by watchdog over accounting scandal
The accountancy watchdog has dropped its investigation into Tesco’s former finance boss Laurie McIlwee, two years after its accounting scandal.
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OpinionOpinion: What the high street can learn from Notonthehighstreet
Despite BHS’s final closure last weekend, retail remains a vibrant and versatile industry as exciting newcomers emerge.
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VideoWatch: A closer look at the 50 best-paid executives in retail
We discuss how some retail executives have earned their spot at the top of the pay scale, and some other surprises in the list.
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NewsBHS could return to British high streets under new owner
BHS could return to the UK under the new Qatari owner of its international and online divisions, which is searching for a UK operating partner.
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NewsMaplin owner considering £40m bid for French Connection
The owner of Maplin Electronics and Pizza Hut is reportedly eyeing a bid for fashion retailer French Connection.
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NewsEtailer Notonthehighstreet lands £21m in venture capital funding
Online retailer Notonthehighstreet.com has secured £21m from its investors in a move to expand in the UK and international markets.
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NewsAgenda: McColl's trading update and Ikea opens at Westfield Stratford
Retail Week looks ahead to the next seven days with a trading update from McColl’s and Ikea’s Westfield Stratford opening both on the agenda.
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NewsSports Direct faces fresh pressure as investor group urges review
The Investor Forum has placed fresh pressure on Sports Direct with a call for an independent review of its corporate governance.
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NewsWHSmith profits on track as travel business performs strongly
WHSmith expects its full-year profits to be in line with expectations as it reported a continuing strong performance from its travel business.
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OpinionOpinion: Asda's fightback must be about more than just price
Asda’s nightmarish Q2 update was good news for its rivals, not just because the 7.5% LFL tumble was further evidence of how far it lags its peers.
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OpinionOpinion: As Walden says farewell to Argos, he leaves a better business
Next week one chapter in the Argos story closes and another begins when its £1.4bn takeover by Sainsbury’s completes.
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NewsAsda offloads photo business as it sharpens focus on core supermarkets
Asda has sold its loss-making photo business in a £5.35m deal as the grocer increases its focus on its core supermarket operations.
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AnalysisAnalysis: Five lessons retailers can learn from Team GB's gold rush
As Team GB celebrates its best-ever Olympic medal haul on foreign soil, we analyse what retailers can learn from the success of British athletes.
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NewsLondon tourism spend soars post-Brexit vote but long-term picture uncertain
West End income from tourism has soared in the period following the Brexit vote, with American and Chinese visitors the highest contributors.
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NewsJD Sports mulls takeover bid for Go Outdoors to ramp up expansion plans
JD Sports is eyeing a takeover of rival high-street chain Go Outdoors as the retailer presses ahead with its ambitious growth plans.
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NewsDebenhams’ Irish business exits examinership, saving 1,330 jobs
Debenhams’ Irish business has been saved after the High Court approved a restructuring programme that will safeguard 1,330 jobs.
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OpinionThis week in retail: WHSmith takes centre stage as it issues pre-close update
High street and travel retailer WHSmith will find itself in the spotlight on Wednesday when it posts a pre-close update.
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NewsGap sales and profits decline as global restructure begins
Fashion retailer Gap has reported falling profits and sales in its second quarter, as it began to “execute restructuring plans”.
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NewsCalls for Theresa May to scrap Osborne's living wage over job cut fears
A leading think-tank has urged Theresa May to ditch the national living wage over fears it will cost thousands of jobs and not cut poverty.