All City & finance articles – Page 268
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NewsSainsbury’s chiefs consider options over bid for Argos
Sainsbury’s bosses led by chief executive Mike Coupe are considering how to proceed ahead of a deadline tomorrow to table an offer for Argos.
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NewsSteinhoff joins battle with Sainsbury's for control of Argos with £1.4bn offer
South African retailer Steinhoff has thrown its hat into the ring for control of Argos after making a higher offer for the business than is on the table from rival suitor Sainsbury’s.
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VideoThe Retail Week: Asda fourth-quarter results and Morrisons clashes with Aldi
The Retail Week team is joined by TCC Global analyst Bryan Roberts to discuss the top stories from across the industry this week.
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VideoWatch: Asda boss Andy Clarke on 'disappointing' fourth-quarter sales
Asda boss Andy Clarke talks fourth-quarter sales, its tie-up with Decathlon and what the grocer has in common with the England rugby team.
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NewsAsda boss Clarke: Tesco's Christmas recovery 'surprised us all'
Asda boss Andy Clarke has blamed the embattled grocer’s fourth quarter sales slump on a Tesco recovery, which he admitted “surprised us all”.
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NewsAsda reports 5.8% slump in fourth-quarter like-for-likes
Asda has posted a 5.8% drop in fourth-quarter like-for-likes as the Walmart-owned chain remains under pressure amid the grocery price war.
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NewsCity speculates that Tesco takeover of Morrisons could be on the cards
There has been City speculation that grocery market leader Tesco could be eyeing a bid for rival Morrisons.
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NewsAt a glance: SocialNAT, the online eSports platform acquired by Game
Game has acquired Spanish online eSports platform SocialNAT. Retail Week takes a closer look at the retailer’s latest investment.
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NewsBHS secures new £10m loan from Gordon Brothers to roll out food business
BHS owner Retail Acquisitions has secured a loan from an American restructuring company in a bid to grow its food business.
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NewsBrantano: A list of the 57 stores that remain on the market
Alteri has bought the majority of footwear business Brantano out of administration, but more than 50 of its stores remain on the market.
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NewsGame acquires online platform SocialNAT to drive eSports and events arm
Game has acquired Spanish online platform SocialNAT as it continues to drive the expansion of its eSports and events division.
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NewsThe Hut Group secures extra funding as sales and profits jump
Etailer The Hut Group has secured private funding of at least $200m (£138m) as is steps up its focus on acquisitions, according to reports.
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DataData: Retail share price index – February 12, 2016
February 12, 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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NewsWyevale Garden Centres owner Terra Firma mulls £700m sale
Wyevale Garden Centres owner Terra Firma is mulling over a sale of the business after four years of ownership, according to reports.
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AnalysisOpinion: Wiggle shifts gear as growth strategy races ahead
Sports etailer Wiggle has revealed the extent of its expansion plans with the planned acquisition of rival Chain Reaction Cycles.
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News99p Stores pre-tax losses ballooned prior to Poundland takeover
Pre-tax losses at 99p Stores ballooned to more than £11m in its last full year of independence before being acquired by rival Poundland.
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NewsThe Body Shop returns to ethical roots as fourth quarter like-for-likes slide
The Body Shop is launching a fresh ethics push after its boss pledged the retailer would become the world’s most sustainable business.
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NewsAgenda: Asda to reveal its fourth-quarter trading update
Retail Week looks ahead to next week with a fourth-quarter trading update from big four grocery giant Asda on the agenda.
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NewsBreakfast briefing: Retail news on Supergroup, Sainsbury’s and Kroger
Retail news round-up on February 12, 2016: Supergroup founder offloads stake to finance divorce settlement and Kroger looks to buy Fresh Market.
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NewsFashion giant Gap defends itself over 'opaque' tax practice claims
Fashion retailer Gap has rejected claims that its tax practices are “opaque”, saying it is a taxpayer in “good standing” in the UK.