All City & finance articles – Page 248
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OpinionOpinion: What will Brexit really mean for the fortunes of retailers?
The EU referendum has created real uncertainty at a time when there were already significant challenges, notably from a cost perspective.
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NewsAustin Reed’s unsecured lenders to recover just 2% of investment
Collapsed heritage retailer Austin Reed’s unsecured lenders will receive just 2p for every £1 loaned, documents at Companies House show.
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NewsBritain’s top retail groups call for urgent cut in business rates
Britain’s leading retail industry groups have written to chancellor George Osborne, lobbying for a reduction in business rates.
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NewsBreakfast briefing: Retail news on Austin Reed, Amazon and more
Retail round-up: Austin Reed creditors to suffer big losses, Britain’s top retail groups demand rate cut, Amazon tests delivery drones
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AnalysisAnalysis: How well will Primark navigate a post-Brexit world?
When Primark reported its third-quarter results yesterday an impressive rise in sales distracted from a potentially bigger story.
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AnalysisAnalysis: Marinopoulos plunges Greek grocery market into deeper chaos
Marinopoulos, Greece’s largest supermarket chain and Carrefour franchisee, is teetering on the brink of bankruptcy risking 13,000 jobs
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NewsJohn Lewis boss warns post-Brexit sterling fall is "big issue"
John Lewis managing director Andy Street has said that the depreciation of the pound following Brexit could be a “big issue” for the retailer.
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NewsDebenhams' London flagship lease sold by British Land to private investor
British Land has sold Debenham’s Oxford Street store lease as part of a ‘strategic focus’, to a private investor following Brexit.
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NewsRetail Acquisitions planned to write off BHS debt in Sports Direct rescue deal
Retail Acquisitions planned to waive debt to BHS and keep a stake in the retailer as part of a proposed rescue deal with Sports Direct.
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NewsAgenda: SuperGroup full-years plus Asos, Halfords and Mothercare updates
Retail Week looks to next week with full-year results from SuperGroup, plus trading updates from Asos, Burberry, Halfords, Mothercare all on the agenda.
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AnalysisAnalysis: After Brexit, who will be retail's winners and losers?
Retailers across the UK have been left to ponder an uncertain future following the country’s shock vote to leave the European Union.
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AnalysisOpinion: Retailing after Brexit vote – why is the City so gloomy?
General retailer share prices have slumped since the Brexit vote – so why has the City moved so brutally to discount a UK recession?
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NewsM&S forced to re-publish quarterly results following 'clerical error'
Marks & Spencer has been forced to re-publish its first quarter results after incorrectly claiming that group sales had increased.
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NewsOpinion: Fight Brexit uncertainty by getting on with business as usual
Someone said to me the other day that anyone claiming to be able to predict the path of British politics is either a liar or a fool.
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NewsSports Direct boss Forsey monitoring fate of EU workers post-Brexit
Sports Direct has admitted it is keeping a close eye on how Brexit could affect EU workers, but said other retailers would also be hit.
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NewsDunelm reports 'retail slow-down' in the run-up to the EU referendum
Dunelm boss John Browett said trading was “volatile” in its fourth quarter because of “changeable weather” and a general “retail slow-down”.
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NewsSports Direct full-year profits slide after 'tough trading' in second half
Sports Direct has posted an 8.4% drop in annual pre-tax profits as boss Dave Forsey branded it a “disappointing” year.
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NewsM&S clothing sales fall 8.9% after Brexit build-up and fewer promotions
Marks & Spencer has posted a sharp drop in UK first-quarter like-for-likes as it felt the impact of running fewer promotions in its clothing and homewares division.
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InterviewInterview: Poundland's Jim McCarthy looks back on his 43 years in retail
Jim McCarthy is rarely stuck for words. Anyone who knows the gregarious retail veteran will testify to that.
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NewsFrank Field: Tina Green made £28m last year from BHS acquisition
The MP leading the select committee on BHS has hit out at Lady Tina Green, calling to attention the sums she continues to earn from BHS.