All City & finance articles – Page 251
-
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”.
-
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.
-
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.
-
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.
-
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.
-
NewsTopps Tiles reports increased like-for-likes in third quarter
Topps Tiles has reported a rise in like-for-likes in its third quarter, saying it is “confident in [its] ability to outperform the market”.
-
NewsSainsbury's boss Coupe 'absolutely convinced' by Argos deal despite Brexit
Sainsbury’s boss Mike Coupe has downplayed fears over Brexit and remains “absolutely convinced” of the rationale to acquire Home Retail Group.
-
NewsEx-M&S boss Marc Bolland set to join investment group Blackstone
Former Marks & Spencer boss Marc Bolland is set to join investment group Blackstone, to lead its European private equity arm.
-
OpinionOpinion: Sainsbury's split from Netto reflects its shifting priorities
When Sainsbury’s boss Mike Coupe unveiled its Netto venture, the grocery chief said it could “open up a new long term growth opportunity”.
-
NewsSainsbury's cuts ties with Netto – all stores to close by August
Sainsbury’s is ending its joint venture with Netto following a “comprehensive review” of the business and will close all 16 stores next month.
-
NewsStaples reviewing UK business following blocked Office Depot merger
Staples is reviewing the future of its UK business following the US stationery chain’s blocked merger attempt with Office Depot.
-
NewsDreams poised for £400m sale just three years after administration
Dreams is being lined up for a £400m sale just three years after the retailer slumped into administration, according to reports.
-
NewsNisa returns to full-year profit as strategic review bears fruit
Nisa has swung to full-year profit after improving own-label sales and tighter cost controls drove a “transformational year” for the business.
-
NewsMike Ashley launches bid for Findel chairmanship
Sports Direct boss Mike Ashley bids to become chairman of home shopping group Findel, months after raising his stake in the business.
-
NewsWaitrose full-year profits slip following spike in pension costs
Waitrose has suffered a 17% slip in full-year pre-tax profits, driven by rising pension costs across the John Lewis Partnership.
-
NewsAgenda: Sports Direct full years plus M&S, Primark and Dunelm updates
Retail Week looks at what’s coming up this week, with full-year results from Sports Direct and updates from Marks & Spencer and Primark.
-
NewsBHS administrators strike deal to sell 70 stores and online operations
BHS’s administrators have struck a deal to sell the collapsed retailer’s international business and its website, according to reports.
-
NewsMy Local founder Mike Greene 'truly sorry' for c-store chain's collapse
The convenience store founder and boss Mike Greene said he is “truly sorry” for the retailer’s collapse after it plunged into administration yesterday.
-
AnalysisAnalysis: Seven things that led to the collapse of My Local
After c-store chain My Local tumbled into administration, Retail Week looks at what went wrong during its nine-month life on the high street.
-
NewsWilko bounces back with 'year of recovery' as profits shoot up
Wilko’s profits before tax have risen 15% in what the company has hailed a “year of recovery” following a “challenging” few years.