All City & finance articles – Page 266
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News
Sir Philip Green in talks with government agency over BHS pensions deficit
Sir Philip Green is believed to have been asked to contribute to the cost of rescuing ailing BHS’s pension scheme, according to reports.
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News
Dreams’ profits and sales rocket as three-year plan takes hold
Beds specialist Dreams’ full-year profits have more than tripled after strong sales as its turnaround plan remains on track.
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Data
Data: The top 50 retailers by sales during the 2014/15 financial year
Retail Week’s ranking of the UK’s top 50 retailers by sales for the 2014/15 financial year sees some changes to the top 10.
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Opinion
Opinion: Expect the unexpected in the ever-changing world of retail
Surprises such as Sainsbury’s interest in Argos and Morrisons’ tie-up with Amazon signal more momentous change to come
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Analysis
Analysis: BHS’s CVA – new dawn or false dawn for famous high street name?
BHS chief executive Darren Topp speaks exclusively to Retail Week about why he believes the department store group has a future.
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News
Sainsbury's clarifies option of hostile bid for Argos owner Home Retail
Sainsbury’s has opened the door to a potential hostile bid for Argos-owner Home Retail after clarifying its position in the battle for the retailer.
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News
Agenda: John Lewis and Morrisons full-years, and Home Retail updates
Retail Week looks ahead to next week with full-year figures from John Lewis and Morrisons and Home Retail’s fourth-quarter update on the agenda.
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News
BHS threatens store closures as it launches CVA to cut costs
BHS is seeking rent reductions on more than half of its estate and has warned it will otherwise be unable to meet financial obligations.
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News
Whistles boss Jane Shepherdson hires KPMG to find new investors
Whistles chief executive Jane Shepherdson is on the hunt for a new investor for the fashion retailer, according to reports.
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News
Wickes full-year sales and profits rise as it 'gains market share'
Travis Perkins’ consumer division, which largely comprises Wickes, reported rising profits and sales for the full year.
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News
Sports Direct disappears from FTSE100 as Morrisons re-enters
Sports Direct has officially dropped out of the FTSE100, while grocery giant Morrisons has re-entered the index after a short absence.
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News
Sports Direct set to drop out of FTSE100 while Morrisons could return
Sports Direct is expected to drop out of the FTSE100, while Morrisons could replace the under-fire retailer in the index.
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News
Poundland appoints ex-B&Q head as new boss as Jim McCarthy steps down
Poundland has unveiled a change at the top with long-serving boss Jim McCarthy to be replaced by former B&Q chief Kevin O’Byrne.
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News
McColl's to extend Subway pilot as it bolsters food-to-go offer
McColl’s is extending its pilot with fast-food giant Subway as it presses ahead with plans to enhance its food-to-go proposition.
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News
MySale posts first-half profit as improvements to business take hold
MySale, the fashion etailer, has posted an improved first-half performance as strategic initiatives bore fruit.
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News
McColl's focuses on enhancing offer as like-for-like sales fall
Convenience store group McColl’s managed to nudge up profits last year, despite reporting a fall in like-for-like sales.
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Data
Data: Retail share price index – February 26, 2016
February 26, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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Opinion
Opinion: Amazon deal means Morrisons can play to its manufacturing strength
A latecomer to the ecommerce party, grocer Morrisons now seems determined to be its life and soul with an Amazon tie-up.
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Analysis
Home Retail completes Homebase sale but battle for Argos continues
Home Retail Group has completed the £340m sale of Homebase to Australian group Wesfarmers after 99.3% of its shareholders backed the deal.
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News
Gap’s sales and profits tumble over Christmas and full year
Fashion retailer Gap has posted declines in both its profits and sales for its full year, after being plagued by below-par product.