All City & finance articles – Page 272
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News
Fortnum & Mason records best day in its history as Christmas sales surge
Fortnum & Mason has hailed an “impressive” Christmas performance after like-for-likes jumped and it enjoyed the best day in its history.
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News
McColl's hails 'strong' sales of Christmas products as like-for-likes dip
McColl’s has reported a 0.7% dip in like-for-likes during the Christmas trading period, boosted by a “strong range” of seasonal products.
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News
Primark sales up but unseasonable weather hampers Christmas trading
Primark has reported a healthy sales rise for the last four months of 2015, but margins were hit by the strong US dollar.
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News
Home Retail warns full-year profits will be at "bottom" range of forecasts
Home Retail has warned full-year profits will be at the lower end of its forecast as like-for-like sales fell 2.2% at Argos.
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Opinion
Opinion: Retail should prepare for a year of unprecedented change
If the unsettled start to the year is the shape of things to come, don’t expect 2016 to be the era the new normal emerges in retail.
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Analysis
Analysis: Debenhams did well over Christmas but it lags rivals online
Debenhams’ strong Christmas trading took the market by surprise, following tales of woe at M&S and retail bellwether Next last week.
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News
Sports Direct takes stakes in US firms Iconix and Dick’s Sporting Goods
Mike Ashley-owned Sports Direct has revealed it has taken an 11.5% stake in US sports firm Iconix and a 2.3% stake in Dick’s Sporting Goods.
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News
Game sales slide over Christmas but claims trends are improving
Game Digital has reported a slide in sales over the Christmas period but the retailer claimed trends are improving in the market.
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News
Ted Baker retail sales increase 10.1% over Christmas as margins hold up
Ted Baker has unveiled a 10.1% retail sales rise over Christmas and said margins were in line with expectations.
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News
Shoe Zone posts full-year profits drop and plans new big-store format
Shoe Zone has suffered a slide in full-year profits after sales fell amid “difficult” trading conditions for the footwear industry.
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News
Hawkins Bazaar’s owner Tobar reveals management buyout
The management behind Hawkins Bazaar’s parent company Tobar Group has completed a buyout of the retailer, backed by Merino Private Equity.
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Analysis
Debenhams' Christmas like-for-like rise: What the analysts say
Debenhams surprised the City by delivering a Christmas 3.7% like-for-like gain despite difficult high street trading. Here’s the reaction.
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News
Morrisons Christmas like-for-likes increase: What the analysts say
Morrisons has reported better than expected trading over the Christmas period with like-for-likes up 0.2%. This is what the analysts said.
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News
Boohoo.com sales surge as etailer increases full-year revenue expectations
Fashion etailer Boohoo has delivered significant sales growth across its UK and international markets over the final quarter.
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News
Ao.com posts third-quarter sales rise as all categories deliver growth
Electricals etailer AO World has posted a 35% sales rise over the third quarter.
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Video
Watch: December sales disappointment and online growth in numbers
December saw 0.1% like-for-like sales growth, which will lead some retailers asking what went wrong and how they can right the ship in 2016.
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News
Sports Direct’s results and profit warning: What the analysts say
Sports Direct issued a shock profit warning to the City on Friday. Here’s the City reaction.
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News
Matalan warns on full-year profits after mild weather hits festive sales
Matalan suffered a sharp drop in online sales during the festive period and has been forced to revise its full-year profits forecast again.
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Opinion
Opinion: Sports Direct's bad form has nothing to do with bad press
It wasn’t a boycott by Guardian readers that tripped up Sports Direct boss Mike Ashley, but a failure to manage City expectations.
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Analysis
Analysis: Walgreens Boots Alliance faces challenges with Rite Aid deal
Takeover of drugstore chain Rite Aid will solidify WBA’s position as US market leader but integrating the business won’t be easy.