All City & finance articles – Page 254
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NewsM&S profits fall as boss Rowe unveils strategy: what the analysts say
Marks & Spencer has unveiled a drop in pre-tax profits as Steve Rowe revealed his plans for the retailer. This is what the analysts said.
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NewsFormer Next and Mothercare exec Tufnell emerges as BHS front runner
Former Next, Mothercare and Burton executive Greg Tufnell is spearheading a bid to rescue beleaguered department store chain BHS.
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NewsDixons Carphone hails 'excellent year' in UK as fourth-quarter sales rise
Dixons Carphone has posted a jump in fourth-quarter like-for-like sales as it hailed an “excellent year” for its UK business.
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NewsM&S full-year profits fall as Rowe warns strategy will dent earnings
M&S has posted a slump in full-year profits as new boss Steve Rowe warned his strategy will have an “adverse effect” on short-term earnings.
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NewsCard Factory first-quarter sales hit by 'softer' high-street footfall
Card Factory has warned that like-for-like sales growth was “softer” during its first quarter after being hit by a slump in footfall.
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NewsTopps Tiles' half-year profits jump amid sales and gross margin gains
Topps Tiles has unveiled a jump in half-year profits and sales after store revamps and new ranges gained traction with shoppers.
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NewsKingfisher first-quarter sales rise driven by B&Q and Screwfix
B&Q owner Kingfisher has posted a 3.6% uplift in like-for-like sales during its first quarter, driven by its performance in the UK and Poland.
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NewsFashion retailer Joules to float on AIM at 160p per share
Fashion retailer Joules is set to float on London’s Aim market this week with each share priced at 160p, which values the firm at £140m.
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AnalysisBHS select committee probes: Who is appearing and when?
The joint select committee probes into the sale of beleaguered department store chain BHS and its collapse get under way today.
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NewsConviviality edges up profit expectations after ‘transformational’ year
Bargain Booze owner Conviviality has edged up its profit forecast after hailing the impact of a “transformational” year for the group.
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NewsMatalan tycoon leads race for BHS but liquidators could be called in
Matalan founder John Hargreaves’ consortium has moved to the front of the queue to rescue BHS, but liquidators could still be called in.
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NewsMoss Bros hails sales growth as online and in-store improvements bear fruit
Moss Bros has hailed “further improvement” in trading performance as retail sales jumped ahead of its annual general meeting today.
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VideoThe Retail Week: Asda's Q1 struggle, BHS bids and Thorntons closing stores
This week we discuss Asda’s disappointing results, the latest BHS bidders and what’s next for Thorntons after its recent store closure.
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AnalysisAnalysis: Five things we learnt from Mothercare’s full-year update
Mothercare posted its first statutory pre-tax profit for five years in this morning’s full-year results. Here are five things the update told us:
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OpinionOpinion: Clarke's on Asda's throne, but Murray holds keys to the kingdom
In the wake of Asda’s seventh consecutive quarter of falling sales, the grocer’s boss, Andy Clarke, hit the proverbial nail on the head.
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NewsAsda posts 5.7% slump in first quarter sales amid 'fierce competition'
Asda has posted a 5.7% slump in first quarter like-for-like sales as the grocer continued to struggle amid “fierce competition”.
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NewsHMV owner Hilco and Poundstretcher join battle to save BHS
HMV owner Hilco Capital and Poundstretcher have joined the race to rescue beleaguered department store chain BHS after lodging firm bids.
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NewsBudgens and Londis parent Booker unveils full-year profit lift
Food wholesaler and retailer Booker has reported an 11% rise in full-year profits but warns of “increasing price competition” in the UK.
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NewsMothercare full-year profits up 51% as UK turnaround continues
Mothercare has unveiled a 51% surge in underlying group pre-tax profits to £19.6m but said the international business “remains challenging”.
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AnalysisInfographic: M&S management restructure, plus key facts and figures
The week in words and numbers, May 20, 2016: Marks & Spencer’s Steve Rowe sets out his stall and Gear4music’s full-year results