All City & finance articles – Page 259
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AnalysisAnalysis: Why has Next's strong run finally come to an end?
Next posted a poor update today after total sales fell in the first quarter and retail like-for-likes were estimated to have fallen nearly 10%.
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NewsMothercare launches finance initiative for suppliers
Mothercare has launched a new initiative to support its suppliers’ financial health, allowing them to request early payment of invoices.
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NewsSainsbury's boss: BHS demise supports rationale for Argos buy
Sainsbury’s boss Mike Coupe says the falls of BHS and Austin Reed have reaffirmed the grocer’s rationale for acquiring Argos.
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NewsGovernment launches full inquiry into the collapse of BHS
The government has launched an inquiry into the collapse of BHS, investigating the conduct of all directors involved in the retailer’s demise.
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NewsBHS administrators hire Savills to advise on store portfolio
BHS’s administrators have appointed property agency Savills to advise on its portfolio as they step up efforts to sell the business.
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AnalysisAnalysis: Joules in numbers as the retailer prepares to float on AIM
After Joules revealed its intention to float, Retail Week takes a closer look at the history of the retailer and its vital statistics
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NewsCo-op offloads former Somerfield sites as it increases c-store focus
The Co-op has offloaded a host of stores it acquired in the ill-fated purchase of Somerfield as it reshapes its core convenience estate.
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NewsConforama ups stake in Darty as tussle with Fnac continues
Steinhoff-owned Conforama revealed this morning that its shareholding of London-listed Darty now stands at 20.4% and is set to increase further.
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NewsJoules and discount retailer The Range shape up to launch IPOs
Fashion firm Joules is close to launching a £140m float, while discount furniture and DIY retailer The Range is also gearing up to go public.
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NewsBargain Booze owner Conviviality bags wholesaler Bibendum in £60m deal
Bargain Booze owner Conviviality is back on the acquisition trail after striking a deal to acquire drinks wholesaler Bibendum for £60m.
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NewsAnalysis: Dairy Farm faces headwinds as it revamps Indonesian business
Dairy Farm Indonesia, the market’s leading supermarket chain, has unveiled first-quarter losses as it continues to revamp its operations.
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NewsAnalysis: BHS is on the ropes, but these five retailers pack a punch
BHS may have lost its resonance with shoppers, but vibrant new retailers are emerging to add a bit of spice to the high street.
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AnalysisInfographic: BHS jobs under threat plus fashion sales fall
The week in words and numbers, April 29, 2016: 11,000 BHS employees stand to lose jobs plus key quotes from this week’s news stories.
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AnalysisAnalysis: What went wrong for collapsed chain Austin Reed?
Austin Reed, famed for bringing ready-to-wear suits to the high street when it was founded in 1900, went into administration this week.
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NewsBHS administrators “continue to seek sale as going concern”
The administrators tasked with finding a buyer for department store BHS have said they are continuing to try and sell it as a going concern.
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NewsBHS former owner moves closer to making a bid to buy back chain
BHS’s former owner Dominic Chappell said talks with US investors were at a “mature” stage as he plans a bid to buy the beleaguered chain.
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NewsMoss Bros, Joules, White Stuff and Jones circle Austin Reed stores
Moss Bros, Joules, White Stuff and Jones the Bootmaker are all circling Austin Reed’s store portfolio, Retail Week has learned.
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CartoonBlower’s retail cartoon: is this the end of BHS on the high street?
Retail Week cartoonist Patrick Blower’s take on BHS’s future on British high streets, following the retailer’s administration announcement.
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NewsSteinhoff's Conforama pulls out of bidding war with Fnac over Darty
Steinhoff-owned Conforama has confirmed it will not be upping its final offer for London-listed Darty, despite being trumped by Fnac.
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NewsBHS owner Chappell takes aim at Green and plans to buy retailer back
BHS owner Dominic Chappell has hit out at Sir Philip Green after accusing the Arcadia tycoon of contributing to the retailer’s collapse.