All City & finance articles – Page 262
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News
This week in retail: M&S, Card Factory, Moss Bros, Topps Tiles and more
It’s going to be a busy week with trading updates from five retailers including M&S, Card Factory and Moss Bros in the next five days.
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News
Amazon adds new dash buttons to speed up shopping for Prime customers
Amazon has tripled the number of brands available through its ‘dash button’ initiative to speed up the ordering process for its customers.
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News
Analysis: Metro's strong balance sheet bodes well for demerger plans
In a shock move, Germany’s Metro Group announced it was examining a proposed split into two independent, individually stock-listed companies.
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News
Pets at Home postpones new CFO's start date amid Target investigation
Pets at Home has postponed the appointment of Graeme Jenkins as finance boss after his former employer Target was embroiled in an investigation.
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News
Sainsbury's takeover of Argos nears as Home Retail board recommends offer
Sainsbury’s acquisition of Argos has inched closer after Home Retail’s board “unanimously” recommended the grocer’s offer.
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Cartoon
Blower’s retail cartoon: The national living wage comes into force
Retail Week cartoonist Patrick Blower’s take on the national living wage, which takes effect from today, April Fools’ Day.
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News
Agenda: M&S update and Moss Bros and Card Factory reveal full-year results
Retail Week looks to next week with updates from M&S and Topps Tiles and full-year figures from Moss Bros and Card Factory on the agenda.
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News
Marks & Spencer’s new chief executive Rowe to succeed Bolland this weekend
Marks & Spencer formally changes the guard when chief executive Marc Bolland hands over the reins to Steve Rowe on April 2.
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Opinion
Opinion: The chief financial officer role takes centre stage
Over the years various functions have come to the fore as retailers tackle different challenges. Are chief financial officers now in the spotlight?
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News
Ao.com posts better-than-expected performance in fourth quarter
Electricals etailer Ao.com has reported a better-than-anticipated fourth-quarter performance, with revenue and earnings ahead of expectations.
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News
Budgens and Londis performance helps parent Booker post sales rise
Booker, the food retailer and wholesaler, has posted a rise in sales helped by last year’s acquisition of Budgens and Londis.
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News
Metro Group to split into two businesses in a bid to 'accelerate growth'
German retail giant Metro has unveiled plans to split into two businesses in a bid to “accelerate growth” and increase its customer focus.
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News
Sports Direct raises stake in Findel to close to 30%
Sports Direct has upped its stake in Findel to nearly 30% – close to the point at which it would have to table a formal bid.
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News
Foyles back in the black as sales edge up and costs are cut
Bookseller Foyles has revealed a return to full-year profit as cost controls and an increase in sales boosted its bottom line.
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Opinion
Opinion: M&S’s new boss Rowe should blend old and new to build appeal
When Steve Rowe arrives at Marks & Spencer’s Paddington Basin headquarters next Monday he will do so for the first time as chief executive.
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News
BHS to sell Oxford Street lease to Abu Dhabi landlord
BHS is to sell its Oxford Street flagship lease to the landlord, Abu Dhabi’s ruling family, as part of its plans to restructure.
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News
Notonthehighstreet in talks to raise £25m in new shares
Notonthehighstreet.com is raising capital to accelerate its growth and take it closer to the prized $1bn (£700m) price mark milestone.
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Opinion
Opinion: Should retailers fear the economic impact of a Brexit?
With less than 100 days until the EU referendum, concerns about the impact on the UK economy, and retailers in particular, are running high.
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Video
The Retail Week: Next warning on economy, BHS's CVA and Sports Direct
Next unveils its full-year results and looks ahead to 2016 among the other biggest stories in The Retail Week on March 24.
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Analysis
Opinion: How much will Mike Ashley's own goal cost Sports Direct?
Will Mike Ashley be chewing on an Easter egg this weekend reflecting on whether he should have kept his mouth shut just days earlier?