All City & finance articles – Page 275
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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.
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Opinion
Opinion: A Sainsbury’s/Home Retail deal makes sense on paper… but in reality?
When Sainsburys updates on Wednesday there will be as much interest in its potential tie-up with Argos as about grocery conditions.
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News
Fashion etailer Koovs gets 'spectacular' boost from first ad campaign
Indian fashion etailer Koovs has reported a leap in sales following the launch of a five-week multichannel marketing campaign.
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News
Mountain Warehouse bucks the trend as Christmas like-for-likes jump
Mountain Warehouse has revealed a 14.7% jump in like-for-likes over Black Friday and Christmas and aims to open 15 more UK stores this year.
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News
Uniqlo owner Fast Retailing cuts profits forecast as warm weather hits sales
Fast Retailing’s first-quarter group profits have dived after mild weather hampered sales at its Uniqlo business.
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News
Sports Direct warns on profits after mild weather hampers sales
Sports Direct has warned it will miss its full-year profits forecast as worsening trading conditions and mild weather have hit its performance.
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News
Boots gets boost from online as first-quarter sales rise
Boots has revealed a slight lift in sales in its first quarter driven by an 11.2% jump in online sales.
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Analysis
Analysis: Marc Bolland's successes and failures as M&S boss
Marc Bolland is stepping down as boss of M&S in April after six years at the helm. Retail Week looks back at his key milestones.
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Video
Watch: Day of drama at M&S as Marc Bolland announces departure
With Marc Bolland leaving Marks & Spencer in April, we examine his impact and the journey taken by Steve Rowe from shopfloor to chief exec.
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News
Poundland boss admits disappointment over Christmas trading
Poundland boss Jim McCarthy has admitted he is “disappointed” by Christmas trading and said the threat of terrorism may have deterred shoppers.
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Analysis
Profile: New Marks & Spencer chief executive Steve Rowe
New Marks & Spencer boss Steve Rowe is used to life on the frontline having been with the retailer for most of the last 26 years.
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News
Bolland hands M&S baton to Steve Rowe: What the analysts say
Following a “disappointing” Christmas in its general merchandise division, M&S boss Marc Bolland is to exit. This is what the analysts said.
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News
Poundland sales rise dampened by quieter high street over Christmas
Poundland’s full-year profits will come in at the lower end of consensus after decreased high street footfall dampened its Christmas sales.
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News
Rowe named M&S boss as Bolland departs following clothing sales fall
Marks & Spencer boss Marc Bolland is quitting the retailer and will and hand the baton to executive director of general merchandise Steve Rowe.
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Opinion
Opinion: Consumer focus will mark out retail winners in 2016
While the golden quarter may have disappointed, 2016 is a new opportunity for retail to return to growth by focusing on consumer experience.
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News
Mamas & Papas reports rise in Christmas sales as turnaround continues
Maternity retailer Mamas & Papas has revealed a strong Christmas performance as its management presses on with a turnaround of the business.
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News
Breakfast briefing: Retail news on Home Retail share trading and Next
Retail news round-up on January 6, 2016: City regulator to probe Home Retail share trading, Dunnes Stores parts way with auditor E&Y and Next's Israel plans.