All City & finance articles – Page 252
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News
Sainsbury’s finance chief John Rogers to become boss of Home Retail
Sainsbury’s finance supremo John Rogers is to become chief executive of Home Retail after the grocer’s takeover of the Argos owner.
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Analysis
Infographic: Matalan's profits take a hit, plus the latest retail sales stats
The week in words and numbers, June 10, 2016: Walmart’s Dave Cheesewright on Asda, Matalan’s figures and the latest retail sales stats
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News
Agenda: Ted Baker, N Brown and Sir Philip Green faces MPs
Retail Week looks ahead to next week with updates from Ted Baker and N Brown, while Sir Philip Green is due to face MPs over BHS’s collapse.
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News
Tesco to sell Giraffe restaurant chain to Harry Ramsden's owner
Boparan Ventures has emerged as the mystery buyer behind the acquisition of the Giraffe restaurant chain from Tesco, reports Sky News.
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News
Argos like-for-like sales flat as Sainsbury’s Home Retail deal nears
Home Retail Group reports sales at Argos levelled off, although total sales growth was the most significant for eight quarters.
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News
BHS inquiry: Chappell claims former owner Green stymied rescue sale to Ashley
Dominic Chappell told MPs that former BHS owner Sir Philip Green is to blame for the department store group’s demise.
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News
Boohoo reports sales rise and improved profitability as investment pays off
Online fast fashion retailer Boohoo has posted a surge in sales along with further growth in its active customer numbers.
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News
Sainsbury's boss Coupe 'confident' on Argos deal despite CMA probe
Sainsbury’s boss Mike Coupe insisted he is “confident” the acquisition of Argos will go ahead despite a probe by the competition watchdog.
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News
WHSmith like-for-likes flat as high street sales slide
WHSmith has reported flat like-for-likes in its latest quarter as its high street business posted a sales drop, but travel performed strongly.
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News
Ao.com full-year losses widen, new chairman revealed
Ao.com’s full-year operating losses have widened as investment in Germany and costs from launching in the Netherlands took their toll.
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News
Sainsbury's first-quarter like-for-likes slide 0.8% as price war bites
Sainsbury’s has posted a 0.8% slip in first-quarter like-for-likes as food price deflation and the grocery price war continues to bite.
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Opinion
Opinion: Asda’s turnaround won’t just be about price cuts
The drums of war are beating in Bentonville. That was the City view as grocery shares were marked down after Asda parent Walmart’s AGM last week.
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News
New Look profits and sales rise as China expansion drives growth
New Look has reported an increase in full-year profits and sales in what boss Anders Kristiansen has hailed as a “milestone year”.
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News
Matalan's profits halve after warehouse problems drag
Matalan’s EBITDA nearly halved in its last financial year, after its customer proposition was “severely challenged” due to warehouse issues.
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News
Sir Philip Green repeatedly threatened to abandon BHS deal
Sir Philip Green was reluctant to sell BHS to Retail Acquisitions, documents from the joint select committee inquiry into BHS’s collapse show.
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Opinion
This week in retail: All eyes on Sainsbury's for its first-quarter figures
Grocers have had to endure an extraordinary amount of upheaval in the last few years as customers reap the rewards of a competitive market.
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Video
Walmart AGM video blog: The annual meeting, Uber, Waltons and Katy Perry
In our final video diary from shareholders week, we go inside the main event and examine the focus for Walmart moving forward.
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Video
The Retail Week: BHS, Austin Reed, Sainsbury's CMA probe and Walmart AGM
Our team in Arkansas discusses Walmart shareholders week, the demise of BHS and Austin Reed and a CMA probe into Sainsbury’s bid for Argos.
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News
England's first plastic bank note revealed ahead of September circulation
England’s first polymer banknote, a five-pound note showing Winston Churchill, has been unveiled prior to it entering circulation in September.
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Analysis
Infographic: Discretionary spend hits new high, plus key quotes and figures
The week in words and numbers, June 3, 2016: UK households’ discretionary spend hits new high and CEOs reveal impact of Brexit on growth plans.